Replies to post #47834 on Amarantus Bioscience Holdings Inc (AMBS)

[Rhung]

This excerpt is from the CEO letter released on Nov 19:


NuroPro & LymPro

Amarantus licensed the NuroPro Parkinson’s disease Blood Test in January 2012. NuroPro identifies various markers in the blood of patients suffering from Parkinson’s disease that do not appear in the blood of non-diseased people. The importance of this asset cannot be overstated. The early diagnosis of Parkinson’s disease is the gating step to evaluating new treatment options on patients that have the highest likelihood of responding. The development of NuroPro will further enable our MANF program by giving the Company critical insight into the overall process of patient selection, and may allow us to fine-tune our development protocols towards the identification of a sub-population of Parkinson’s patients most likely to respond to MANF. We are currently recruiting the expertise required to advance the blood test, as NuroPro may provide Amarantus a path to revenue generation sooner than with MANF alone.[color=red][/color]
The Company previously announced that we have acquired an exclusive option to license the LymPro Alzheimer’s disease Blood Test from Memory Dx (formerly Provista Life Sciences). The Company is continuing to negotiate that license with the intent of pairing LymPro with NuroPro and presenting a compelling package of diagnostic assets.
We will continue to update shareholders on advancement of both NuroPro and LymPro. In addition, management constantly evaluates the competitive landscape for complementary product candidates that could improve the overall prospects of the Company in the most cost- effective manner possible.[/I]



The JV announcement is most likely just for the advancement of NuroPro. They will fast-track this process to generate future income not only to advance their MANF program but to pay themselves as they are working for free to this day!!