Replies to post #342956 on NorthWest Biotherapeutics Inc (NWBO)

[biosectinvestor]

While I agree with Flipper, I do not agree that it is due to corruption. External devices are simply subject to much less regulation. I have some great massagers I that use electrical fields too. Supposedly FDA approved. Everyone gets the same treatment for similar devices.

They are simply allowed to make basic statistical claims once approved, even if they are projected and not actual. Since there was so little hope for patients, and the projections were statistically sound apparently, it was not necessary for them to have additional requirements spur upon such an external device.

Maybe at some point the FDA will reevaluate, but I don’t even think they can do that retroactively without some cause. Novocure will probably get to ride the DCVax wave.

[Sojourner55]

Spot on Beach! There is no monopoly on corruption by any one profession.

[jammyjames]

"just because they sit behind a white coat does not mean that they are any more intelligent than their fellows"

No but in general they are more intelligent than their fellows - that's how they got the job in the first place. Plus it's not just intelligence but years of study and experience working in a specific field.

"It constantly amazes me that so many people put blind trust in all who don a white coat just because these people dedicated a few years to study."

most of these people studied at least several years and have dedicated their entire careers to their given professions. Not blind trust but i would certainly take their word over yours when they give their opinion on their respective fields.

ofcourse none of this means that people are not corruptible...but you have to deal with that everywhere.