Replies to post #9009 on Health Discovery Corp (HDVY)

[sunspotter]

"Refresh my memory: how much $$ did Pfizer advance to HDVY?"

It was a super duper top-secret deal (see below), so only your employee, Dr. Barnhill, his associates and Pfizer know, and as far as I know they're not telling.


"HEALTH DISCOVERY CORPORATION ANNOUNCES
WORLDWIDE LICENSE AGREEMENT WITH PFIZER

SAVANNAH, GA, December 11, 2006 – Health Discovery Corporation (“HDC”) (OTC BB: HDVY - News) announced today that it has executed a license agreement with Pfizer Inc. (NYSE:PFE – News). Under the terms of the agreement, Pfizer may access HDC’s pattern recognition technology for use in its worldwide research and development activities. The license includes HDC’s Support Vector Machine (“SVM”), Fractal Genomic Modeling (“FGM”), and related methods for data analysis. Financial terms of this agreement were not disclosed.
"I believe this licensing agreement represents a significant step for HDC towards validating the scientific legitimacy and commercial viability of our patented SVM and FGM technologies,” said Stephen D. Barnhill, M.D., HDC’s Chairman and CEO. “This license marks our third deal in just the past four months and gives us confidence that our strategic plan is on track.”

“In my opinion, HDC’s pattern recognition technology can be an important tool for the discovery of new drug targets such as proteins, genes, or other molecules that a drug is intended to affect,” commented Dr. Herbert A. Fritsche, Jr., Professor of Laboratory Medicine at the University of Texas M.D. Anderson Cancer Center and Chairman of HDC’s Science Board. “Our technology might also be helpful in possible identification of new biomarkers to assess both efficacy and toxic responses to new drugs. As medicine becomes increasingly personalized, discoveries of this nature could facilitate the development of new treatments for diseases.” ...."


PS The astute reader will note that the good Dr. Fritsche was eagerly positioning himself for future HDVY employment even back then. Good job all the studies he did in his labs for HDVY turned out so positively, or goodness knows how he would have been able to feather his retirement nest.