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Saturday, 12/15/2012 11:14:08 AM

Saturday, December 15, 2012 11:14:08 AM

Post# of 130504
OCT. 22, 2012 MUST READ BANYAN BIO CEO INTERVIEW.
HE USES ALL THE SAME LANGUAGE THAT AMBS USES
DEFINITE CORRELATION & BIG THINGS COMING WITH GOVT GRANTS,

CEOCFO: How does the brain injury test work and what is the technology?

Dr. Streeter: It is much like testing that is done for people that come into the emergency room with chest pain. There is a blood test that identifies proteins that come from the heart and we are doing something very similar to that except that we are doing a blood test which identifies proteins that come from the brain. Testing of proteins like this is routine for other organs and particularly for the heart and now, we have developed the test very similar to that for the brain.

CEOCFO: Is this a new concept for the brain?

Dr. Streeter: The idea of it is not particularly revolutionary, but identifying proteins and validating assays clinically is something not done before and we are doing for the first time.

CEOCFO: How are you able to identify them and why has this been an unexplored concept?

Dr. Streeter: Banyan is spun from the McKnight Brain Institute where our scientific founder Dr. Ron Hayes was responsible for the early discoveries. He ran the center for traumatic brain injury studies there before he founded Banyan. At the University of Florida they made the discovery that there are a couple of brain specific proteins. One protein comes from the neuron which is the cell type that fires electrical impulses which allow us to think and move and all that. The other comes from the astrocyte, which is a cell that is responsible for supporting the neurons inside the brain. We are detecting two proteins that come from the two major cell types in the brain, so that is very nice coverage of the organ.

ANYONE HAVE OTHER INPUT.