Ive been trying to do a lot of reading on the Hema
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Ive been trying to do a lot of reading on the Hemaxellerate program. Obviously, my limited knowledge or should i say non-existent knowledge on medical practices and stem cell therapies leaves me grasping for straws as far as understanding the science that i have decided to invest in. With that being said, what i have been reading from multiple sites and blogs is that Hemaxellerate is a Autologous therapy. Which from what i believe is they are cells (fat cells) harvested from your own body, cleaned and re-injected back into your bone marrow. http://www.aabb.org/events/government/fdaliai...19_gee.pdf
There has been a lot of talk about time frames, 5-7 years, for this to come to market. Curiously, Japan and possibly Italy have designed protocol to speed the process up.
http://www.linkedin.com/groupAnswers?viewQues...L3NmHb85M1
Conversely, The FDA recently won a court case in which your cells, taken from your body, manipulated to become a stem cell and re injected back into your body to cure a life threatening disease will be considered a drug. http://www.law.suffolk.edu/highlights/stuorgs...33-272.pdf or easier reading here http://infoedglobal.com/2012/08/02/court-affi...therapies/ .
Now of course there are many of us investors that are in this for the cash and really dont care about the science, but, there are quite a few of us that are in it for both.
There is still litigation attached to the FDA's suit, the final word has not been offered, but with Japan and possibly Italy fast tracking stem cell therapies, there is a chance that (Chromos Pharma) we could see this therapy moved outside the country for trials and a quicker entrance into the market.
Being that this a Autologous therapy, I see this having a quicker approval time if the right conditions are met, ie; stringent controls and practices with a big name pharma company.
Obviously this is all in my own opinion, and is certainly welcome for debate, but as a real board, i prefer this type of discussion over "TO DA MOON" any day of the week.
Enjoy the rest of your weekend.
Jay
Check the petition below, I signed it.
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