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Wednesday, February 22, 2012 12:23:40 PM
1. Have they got FDA approval for the use/sale of their product?
1b. If they don't have FDA approval they can't sell these things
1c. To get FDA approval will take milliins and years - where will they get the money?
2. Why aren't these being used since there were many studies done on it ten years ago?
These medical things can take time.
I have a big investment in Kane Biotech. They're going through the FDA process and it's expensive and time consuming.
By the way Kane came up with a corporate update today (link below). Currently 60 million shares out, sp 10 cents. They expect to see revenues by the end of the year and are working with the US army to test their anti-biofilm agent. Very promsising.
http://sn106w.snt106.mail.live.com/default.aspx#n=474334167&fid=1&fav=1&mid=cab5de71-5d5d-11e1-97ff-00237de3d374&fv=1
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