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Replies to #59840 on Biotech Values
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DewDiligence

03/03/08 6:03 PM

#59842 RE: exwannabe #59840

>Just like those two onc. biotechs saying their drug is approved for commercial use in Switzerland when they really have something like an IND and an import/export license. Those 2 PR's were flagrant lies.<

The two cases (NWBO and Vaccinogen) were almost certainly related. Vaccinogen noticed that NWBO got away with a scam pump job that produced nary a peep from the SEC. I expect to see more of these PR’s about Swiss “approvals” if nothing is done to stop them.
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DewDiligence

03/04/08 3:06 AM

#59880 RE: exwannabe #59840

BTW, Pro-Pharmaceuticals (PRW) is an old scam,
not a new scam. This excerpt is from a 2003 PR:

http://www.stockjunction.com/modules.php?name=News&file=article&sid=1813

>>
New Advances in Chemotherapy: 'The
Proof May be in the Sugar' Says Researchers [sic]

Source: Pro-Pharmaceuticals
December 18, 2003

“Once the results of the Phase l human trials are reported to the Food and Drug Administration, the FDA will decide whether DAVANAT-1 should be added to the arsenal of cancer fighting drugs.”
<<

LMAO—when was the last time the FDA approved a drug based on phase-1 data?

I do have to give PRW some credit, however: it’s now five years later and they’ve advanced to phase-2. So they’re making some headway :-)