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Bullboard - Stock Discussion Forum Medicago Inc MDCGF

GREY:MDCGF - Post Discussion

Medicago Inc > pumpers ... chew on this
View:
Post by Indicator on Nov 03, 2010 6:04pm

pumpers ... chew on this


Medicago has competition . . .

Four companies areworking to transform protein-producing tobacco plants from a proof ofconcept to a demonstration of the capability. The next step will be todevelop full industrial processes for producing the proteins.

Thecompanies are Fraunhofer USA Center for Molecular Biotechnology inDelaware, Kentucky Bioprocessing in Owensboro, a consortium calledProject GreenVax, whose partners are the Texas A&M University systemand a Texas company called G-Con, and Medicago USA in North Carolina.

“They’re all using tobacco plants, and there’s a little variation onthe theme ... "

Good bet is Medicago gets taken out prior to phase 3 due to extreme cost, and people are rightly fearing, with this bumbling mgmt, that the takeout price will be not nearly what one would expect here

As a pharmaceuticalcompany with a candidate vaccine, Magill said, “all I can do is committo a Phase 3 [effectiveness] study in which I will have to enroll 10,000people over the course of about three years in order to … show that mynew vaccine in this case would be as good as the traditional egg-basedvaccine.

So 10,000 people, three years, $100 million,” he said.

“We don’t see very oftenthat a response like this essentially creates a new industry. But we’llsee,” Magill said. “You still have to go through clinical trials … andwork through all the issues. But I would say initially things are quitepleasing and somewhat promising.”"


https://www.defense.gov/news/newsarticle.aspx?id=61520

Comment by Shareholder5 on Nov 03, 2010 6:58pm
Indicator,that's a US article pumping up US companies who are 2 years behind Medicago when it comes to using tobacco as their base for vaccine production...Do you have something better to show us?SH5
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