RE:RE:RE:RE:RE:RE:Medicago bought out for $357mBoy, do I have great news for you then :). The Army program is very much under way. I spoke to the company about this. You can find a reference to it here as well:
https://www.kanebiotech.com/pr040313.html (
The second wound care product is in collaborative development with the US Army Institute of Surgical Research for combat wound infections).
The clinical trials is also something that the co would like to get under way, but as it costs a significant amount of money they are moving slowly on this issue.
On a separate note, it seems they are far more excited about the potential dental uses of the product as the market opportunity is far greater (think toothpaste, mouth wash and a billion of daily consumers) than any potential drug. The animal program may be a spring to launch them on this path.
Granted this is not a slam dunk by any means, but the potential for this $7m market cap company is tremendous. One of the better biotechs to be invested in in Canada imo.
Regards
TB
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