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Re: foxhound02 post# 3740

Monday, 01/27/2014 8:41:15 PM

Monday, January 27, 2014 8:41:15 PM

Post# of 700564
Fox, here is something about NWBO's manufacturing capacity (one of the buildings) from a June 16, 2010 interview with Linda Powers. Since that time, additional manufacturing locations were initiated in other parts of the world.


Q: Where do you see this compound being manufactured?

NWBO's Linda Powers: Our new Memphis facility. It is far newer, far more efficient, far better equipped and located within sight of the airport and Memphis is a worldwide shipping hub for both FedEx and UPS. So it’s an ideal location for shipping all across the US. So point #1, the facility is more than a decade newer than the California facility which was quite old and inefficient in layout. Point #2, the logistic value of being in a worldwide air hub. And Point #3, the cost structure. To put it in perspective, the whole lease of the entire 35,000 sq. ft. facility in Memphis – the entire lease cost per month is less, actually substantially less than just the electricity bill was in California.

Q: And obviously that facility has been cleared by the FDA? You’re comfortable with the set up of the new facility?

NWBO's Linda Powers: Yes. You know who built the Memphis facility? Cell Genesys. Cell Genesys was riding high for years, neck and neck with Dendreon until 2008 when they completely crashed and burned and went out of existence. And Cell Genesys in those years, was spending 100 million per year on corporate operations. Those are the guys who built the Memphis facility. No sooner did they build the facility then they decided not to do that type of product anymore and they mothballed the facility. So we bought a brand new facility for cents on the dollar in a terrific air hub location.

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