Replies to post #142222 on Bioelectronics Corp (BIEL)

[Viking_50]

Thanks China...I know that BIEL must be thinking that this is a mundane, trivial process to go through...BUT we longs have the patience of Job...we know that the deal with them doesn't need to be FDA approved (it already is) for it to be launched...and when it does...BOOM...

Smart Insole being promoted with Dr Scholl's gives them their ONLY FDA approved product to put on the shelves...just think what that's going to do...

I can't wait to see the TV commercials

Thanks for the info.

GO BIEL

[User_347763]

(Looks like) they are in business with Bayer...sending over 3 people to audit...

[Merrimoose]

Yes, a company like that must be certain that the product they incorporate into their own will perform consistently. Any one of us if we owned the larger, well-established company would take similar care, or we'd be fools if we didn't. If BioElectronics comes through on their end, we're in for some prosperous times. Patience is the key.

[srinsocal]

Thanks for providing further details China

Wow!! Bayer Auditing Biel's Quality Control Process. It sounds like this is a true Partnership and not just a Licensing Agreement where BIEL hands off the IP and collects checks.

Auditing the Quality Control Process is not something you do if you have not checked off the other 99 items on your list. It looks like we may be running the Home Stretch in Partnering with a $34 Billion Dollar Pharma Giant!!