InvestorsHub Logo
Followers 2662
Posts 8617
Boards Moderated 0
Alias Born 11/08/2012

Re: None

Saturday, 12/15/2012 11:08:45 AM

Saturday, December 15, 2012 11:08:45 AM

Post# of 130504
MUST READ... Banyan Biomarkers, Inc. Awarded $26.3 Million Department of Defense Contract for Diagnostic Test for Traumatic Brain Injury
ALACHUA, Fla.--(BUSINESS WIRE)--Banyan Biomarkers, Inc., the leader in developing in vitro diagnostic products to detect traumatic brain injury (TBI), announced today that they have been awarded a $26.3 Million Contract for the development of a diagnostic test for TBI.

This award will help fund critical research for a point of care test to diagnose TBI and has significant potential for both military and civilian applications. Jackson Streeter, M.D. and CEO of Banyan Biomarkers, Inc. stated, "We are pleased to be working with the Department of Defense to develop a blood test for TBI. Properly diagnosing TBI will help medical professionals triage and treat our soldiers more effectively."

Each year in the United States, approximately 1.4 million people are treated in emergency rooms because of TBI. Automobile accidents, falls, sports related injuries, and assaults are common causes of TBI. It is estimated that as many as 20% of combat veterans have suffered some degree of traumatic brain injury due to bomb blasts while in Iraq or Afghanistan.

If the Governemnt is giving grants to Banyan for trying to find a test for TBI what would they be giving for treating it?

NO ONE EVER MENTIONS BANYAN BIO.
AMBS HAS BEEN WORKING WITH THEM ON TBI SINCE 2011.
I see a govt.grant in the future.
TBI is huge. Just as big if not bigger than Parkinsons.
TBI is where the real $$$$ is.
AMBS has MANF & patents.
That is why the control of MANF was so important.
Anyone have other input.