RE: The market is allways right!!!!Piper:
As shown in the news release below, BNC started this project 7 years ago (not 4 or 5 years ago as implied in the McRae interview that you cite). BNC's consistent missing of timelines is likely part of the reason why the market has little faith in their predictions. Back then McRae was telling investors commercialization would be a year or two away.
News Release
New E.coli vaccine to be produced in Canada
20/09/00
Canadian strategic alliance prepares to commercialize cattle vaccine - September 20, 2000 -- (Belleville, Ontario) – The University of British Columbia (UBC), the Alberta Research Council Inc. (ARC), the Veterinary Infectious Disease Organization (VIDO) and Bioniche Life Sciences Inc. today announced the formation of a strategic alliance to complete the development and commercialization of a cattle vaccine able to reduce the threat of Escherichia coli 0157:H7. This deadly strain of E. coli was responsible for the Walkerton, Ontario crisis in May of this year. Six people died and several thousand people in the Walkerton area fell ill when the local water supply was found to be contaminated.