Replies to post #182785 on OWC Pharmaceutical Research Corp (OWCP)

[stockfan100]

Thanks for sharing, H_dog_taco. I was just giving the possible options in reply to a post that said company has money to spend for only a few more months.

And, commercialization of Psoriasis cream is inevitable!

I don't remember the dollar amount now, but if company still has about 2 milions left then we are definitely good till the end of this year or maybe more.

Remember it only took less than $200K to successfully complete the Safetly phase of the Posriasis cream at Sheba.

As far as I can tell, they probably have around 2M+ cash on hand.

Should be enough for the year in my opinion.

[I-Glow]

$2 million won't get OWCP started on FDA approved clinical trials.

OWCP doesn't have the capital for FDA approved clinical trials - for drugs in Dermatology it will cost:

The cost for Phase 1 Clinical Trials for Dermatology = $1,800,000 

Phase 2 Clinical Trials for Dermatology = $8,900,000 

Phase 3 Clinical Trials for Dermatology = $11,500,000 

It is ridiculous to even discuss OWCP and clinical trials.

IG