InvestorsHub Logo

daleb2130

04/01/11 8:03 PM

#2176 RE: WhatDoesItAllMean #2175

I know it's $25, But Generex sets the price with FDA approval and can only charge for their costs. So if they want to make a profit when (or if approved) the cost will be a lot more than $25. Each canister holds 40 units (or Puffs)The person I talked to (according to his doctor) said he would need 10 - 12 puffs per/meal to recieve the right amount.
So basicily each cannister will last 3-4 meals. Or 5 or 6 cannisters P/week. Not too many diabetics are going to pay that amount. Insurence company's will only pay for what it would cost for the much less expensive shots.We all know how they operate.
Like I said earlier he would only have it for convience so he would not have to give himself shots in public.

Right now the only thing that will help Generex is AE37 (and it is very promising) The only problem is it's only in Phase 2. To finish phase 2 and then phase 3 will cost upwards of $200 million. Maybe with great data after finishing phase 2 they will find a partner. but that is at least 2 years away.

There is a reason Wall Street prices this at less than .25. the Pr's don't eeven budge this stock anymore because we have already heard it all for the last 5 years.