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Thursday, December 20, 2012 1:00:56 AM
http://www.ama-assn.org/ama/pub/about-ama/ama-foundation/about-us/the-ama-foundation-board-directors.page?
Owen Garrick - President of the AMA Foundation. This is insane. I didn't realize this.
http://finance.yahoo.com/news/Amarantus-BioSciences-iw-1985257805.html?x=0
""I am pleased to join Amarantus at this exciting time in the Company's development cycle," said Dr. Garrick. "The MANF platform represents an attractive technology with the potential to treat a number of apoptosis-related disorders, beginning with Parkinson's disease. I will be working closely with the team to fully develop the infrastructure to successfully move the MANF programs into clinical development.""
So we have the President of the AMA, the co-founder of Amgen, and senior executives at Bayer and Bristol Myers on the Advisory Board.
Add to this you have patent protection on a protein that has shown far better results than another drug in phase II clinical trials which was owned by a company that received a $250 Million buyout from Amgen. And you have a company in Hermo Pharma, a VC backed biotech with over $700k in grants from MJFF that challenged their patents (and lost) on the grounds that the patents are too broad and cause an undue burden on anyone trying to work on these proteins...
And still people are doubting this company??? Really? You have a bunch of college kids coming on this message board spewing fear and in the meantime you have people on the Advisory Board calling MANF a potential blockbuster drug and potentially one of the biggest successes ever...and you still doubt this company? Who do you trust? College kids who believe charts are talking to them or CEO's of multi billion dollar companies and presidents of the American Medical Association?
Jeez. Get a grip. This thing is worth $13 Million on the open market and yet it should be worth well over $100 Million. The market will realize this soon enough.
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