DNAprint Genomics (DNAG)

[ole vern]

MattG says:

"... the lack of progress..."



You don't see the progress? Where
have you been? There has been great
progress. True, it hasn't paid off
yet, but just look at the "pipeline"
that Cosmic has compiled.

The drug industry is one of the most
difficult to crack since it is so heavily
regulated. The various genetic "tests" will
take some time to pass muster and garner
interest; however, any drug that's introduced
will require years of testing. Since this
company has decided to have a subsidiary
"drug company" then don't expect anything
from that for several years.

The tests should be getting approved in
the not too distant future. I never did
understand why the FDA would place as many
demands on these tests as they would a "device".
I believe there are several companies already
using these type tests and are going to be
considered as precedent-setting. After all,
this is a new medical frontier that the FDA
has to fashion a new set of rules for. And
it's going to take time.

I have been in this since August, 2000.
And yes, my patience runs a little thin at
times, especially since I'm a septuagenarian
and have to consider the possibility that I
may not be around when/if this company
reaches fruition.

You, too, have every right to be upset that
you haven't been rewarded for your long wait
in this company. But you cannot truthfully
say there has been no progress.