How about we start with the fact that BPAX does have an FDA approved drug called elestrin. He statesand I quote, "To date, Biosante has been an epic fail of a company, with no drugs ever approved by The FDA."
Then he pulls numbers out of his butt about BPAX burning $4 million a month thengoes on to ignore the potential $$$ in Bio-T Gel.
Also royalties are not insignificant. BPAX is set to receive $5 million + royalties on Bio-T Gel upon approval.
His article was very misleading as well. He omitted to mention (intentionally?)the pipeline of cancer vaccines already in late stage clinical trials soon to be ready to go fDA approval.