NanoViricides Inc. (NNVC)

[BonelessCat]

Gene left StatSure before while the first test strips were still in clinical trials. When he left, the shares were still trading at $2. They were never that high again.

The problem here is that in today's more tolerant climate, we cannot appreciate the tremendous fear that swept through the gay community in that first decade of HIV epidemic and AIDS fears. Gene had enemies on both sides as homophobes wanted to do little other than quarantine HIV positive in camps, while the gay community feared that the test strips would be used to identify HIV positive and result in active quarantine programs. Then, the FDA dragged its feet on the device due to political pressure from both sides for a product that should have been approved in just 2 or 3 years but took instead more than 10 years. It was an ugly time.