Posted On: 11/22/2014 4:58:09 PM
Post# of 30015
It is interesting...I am still focusing on the details of the ESS acquisition. Between FDA documents, the "presentation slides", Regenicin history, Lonza/Regenicin litigation history and Napodano's take on the "acquisition" ...it is a lot of info to disseminate...
In a short period of time JN did some detailed DD for us with regards to ESS/PermaDerm. Interesting was his quote from his take on the deal...
I am optimistic of the outcome and respect 18 months of DD on the part of the Company.
In a short period of time JN did some detailed DD for us with regards to ESS/PermaDerm. Interesting was his quote from his take on the deal...
Quote:
As part of Amarantus due diligence on ESS, they spoke to several key opinion leaders in the burn space. Management shared with us a quote from Dr. David Ahernholz on PermaDerm®. Dr. Ahernholz noting that the failure to get this products on the market has been the, “Great disappointment… because it is a life-saving drug that works.” Dr. Ahernholz also noted that PermaDerm® would be his, “First choice of therapy of a severe-burn patient.” Dr. Ahernholz is board-certified in general surgery and is a member of numerous professional organizations including the American Burn Association, the Surgical Infection Society, the American Association for the Surgery of Trauma, the Central Surgical Society and the Minnesota Surgical Society. He is currently the Associate Director of the Burn Center at Regions Hospital and the President of the American Burn Association.
I am optimistic of the outcome and respect 18 months of DD on the part of the Company.
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