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mlsoft

07/26/03 5:54 PM

#134475 RE: basserdan #134468

Dan...

I assume the company he is referring to is ID Biomedical (IDBE).

mlsoft
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osprey

07/26/03 7:36 PM

#134481 RE: basserdan #134468

I'll jump in as Porter Scamberry is an old "buddy" of mine. He once called me a "prick" on an on line forum and has been known to threaten to sue posters who call him on some of his nonsense. He is also under indictment by the SEC in the Utah Federal court and I read the indictment which is public. Seems the Feds are a little upset at his relentless and often inaccurate hyping and pumping. He pumped vaxgen which fell as flat on its face as is possible, ISIS which also had a perfect failure with affinitak, then RGEN and a bunch more, I don't really keep track.

What Porter does is simply make a lot of calls of whatever is trendy and in the news. Then a year or two later he trumpets his successes and just try to find his many failures. The company he's pumping in the blurb is IDBE. This might be an OK company. My perception is a little colored because I know one of their chief scientists and the guy should be in jail.
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Zeev Hed

07/26/03 10:22 PM

#134502 RE: basserdan #134468

A lot of things are wrong. I presume the "secret company" (they want you to buy their research so they do not mention the company), is most probably IDBE from Canada. While Dr. Lowell's credentials are not bad, they are not "stellar". IDBE is burning cash before any major clinical tests (and vaccines because of their , that are preventative, and expected wider use require stricter tests than drugs that are ailment specifics) at the rate of $12-$15 MM annually. Not a prescription for survival. That without any single preparation having reached clinical tests of efficacy and safety. $300 MM is quite a fair valuation for such a high risk situation. As for the piece you pointed to, I don't like it, they talk in one place about the vaccines market reaching $10 Billion in 2006, forgetting about that, they then imply that each of the vaccines enabled by proteosomes will be multibillion bucks "killer drugs". Non sense. They also do not understand how vaccines, all vaccines work (for a guy that is getting a PhD in the field quite strange), he implies that the nasal route is somehow better immunologically than the blood routes, well, in the end, all vaccine work through the blood routes, antigens stimulate the immune system (which perfuse the body via the blood routes, not the nasal route) to provide future protection against the offending agent. The verbose piece made sure that I for one, will not buy their research.