I believe a little research will show GNBT did complete a fairly large Phase III trial of it's RapidMist Ora-lyn spray for diabetics and did file for approval with the FDA some years ago. GNBT said after that filing the FDA requested additional data and a reformulation of the compound to increase its strength and reduce the number of sprays required to deliver the appropriate dose. For awhile GNBT provided a couple of updates on how that reformulation was going, but I haven't seen an update in several years. There was one which said the stronger formulation had been successfully tested in primates, but that was the last I ever saw. I suspect they ran out of money to work on it?
As to the whole India story, that is apparently in the hands of Shreya. GNBT has nothing to do with it (unless they ask the partner for a progress report now and then or something.) Whether Shreya is actively working on it, I do not know. They were supposed to be doing a test of the Ora-lyn compound in India the last I saw.....
It is interesting, though, I don't recall any mention of all this on the CC....does anyone??
News 
Market Data 
Discover 
