"Xechem has announced plans to set up a production plant in Nigeria to produce the sickle cell drug, which is expected to be place on the market before the end of the year.
The company has what it describes as “an international network of ethnobotanists, local folklore healers (shamens) and chemists” which it uses to screen natural products used by folklore healers for their potential therapeutic value."
posted
Purl, not sure of your motive or purpose, but your DD has been discussed in length on the old thread, it is unfortunate you failed to read the entire thread before posting your findings..your info is old and has been addressed several times
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Also Purl you were mentioning on how would $ from Nigeria "bring income into XKEM"...it seemed that you were commenting on the number of poor people...The hope for the large income is from the world..not just Nigeria...and it is also my understanding that this "drug" is a preventive type thing that will need to be taken all the time...so the income is endless...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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71 million is a drop in the bucket when it comes to bringing drugs to market...thank you for pointing this out, even more evidence as to the real value of this company
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4 Million Nigerians Suffer From Sickle Cell Desease Foluso Akinwumi, Abuja - 08.07.2006
A total of 4 million people suffer from sickle cell disease in Nigeria as total number of sufferers worldwide stands at 10 million.
The disclosure was made Thursday by the Minister of Science and Technology, Prof. Turner Isoun at the commissioning of the Gamma Irradiation Facility and Launching of NICOSAN an anti-sickling drug, at the Sheda Science and Technology Complex, Abuja.
The commissioning and launching was done by President Olusegun Obasanjo. Both the minister and the president hailed the production of the drug in Nigeria as it marked a watershed in modern medicine as there was safe medicine for the treatment or management of sickle cell disease across the globe before NICOSAN was produced in Nigeria.
President Olusegun Obasanjo in his address at the occasion expressed his delight that solution to sickle cell disease was found in Nigeria after years of research into the problem by the western world without any tangible success.
The only drug approved by the Food and Drug Administration in the United States (US-FDA) for the treatment of sickle cell disease is Hydroxyurea, which is very expensive and toxic and patients treated with it exhibit severe side effects.
Persons afflicted with sickle cell disease suffer crisis which can result in damage to the kidneys, lung, bones, eyes and the central nervous system.
quote:Originally posted by mnvestor: Purl, not sure of your motive or purpose, but your DD has been discussed in length on the old thread, it is unfortunate you failed to read the entire thread before posting your findings..your info is old and has been addressed several times
please, don't start...
if you have research to the contrary, please post it...
the whole point of the new thread--as I understand it--is to re-focus on the company and the stock...
make sense?
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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You will not censor my words nor censor my research findings. I will share research results as I please. You will not, under any circumstances, dictate what I may provide or not provide.
"Xechem has announced plans to set up a production plant in Nigeria to produce the sickle cell drug, which is expected to be place on the market before the end of the year.
The company has what it describes as “an international network of ethnobotanists, local folklore healers (shamens) and chemists” which it uses to screen natural products used by folklore healers for their potential therapeutic value."
quote:Originally posted by Purl Gurl: Sixteen years to develop this company, burned through seventy-one-million dollars and still no revenue worthy of mention.
Purl Gurl
Finally quit saying 'no revenue'. At least you appear to be trying to build some credibility here.
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guys did u check this was on the newspaper today in nigeria . i think this is not posted by anyone imo .Foluso Akinwumi, Abuja - 08.07.2006
A total of 4 million people suffer from sickle cell disease in Nigeria as total number of sufferers worldwide stands at 10 million.
The disclosure was made Thursday by the Minister of Science and Technology, Prof. Turner Isoun at the commissioning of the Gamma Irradiation Facility and Launching of NICOSAN an anti-sickling drug, at the Sheda Science and Technology Complex, Abuja.
The commissioning and launching was done by President Olusegun Obasanjo. Both the minister and the president hailed the production of the drug in Nigeria as it marked a watershed in modern medicine as there was safe medicine for the treatment or management of sickle cell disease across the globe before NICOSAN was produced in Nigeria.
President Olusegun Obasanjo in his address at the occasion expressed his delight that solution to sickle cell disease was found in Nigeria after years of research into the problem by the western world without any tangible success.
The only drug approved by the Food and Drug Administration in the United States (US-FDA) for the treatment of sickle cell disease is Hydroxyurea, which is very expensive and toxic and patients treated with it exhibit severe side effects.
Persons afflicted with sickle cell disease suffer crisis which can result in damage to the kidneys, lung, bones, eyes and the central nervous system.
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quote:Originally posted by Purl Gurl: You will not censor my words nor censor my research findings. I will share research results as I please. You will not, under any circumstances, dictate what I may provide or not provide.
Are you clear on this?
Purl Gurl
Is who clear on this and what research have you posted. You are posting words here and htere without any basis for fact on who the words come from. You attempt to make some look as though the company is stating this and if you plan to do that, please provide either the entire article or a link to back the quotes up. You would ask no less of anyone else.
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quote:Originally posted by Purl Gurl: Amswap, your constant personal insults will not be tolerated. You have been repeatedly warned to not do this.
You will stop insulting me.
Purl Gurl
How is asking you to justify what you are saying an insult? Do you know the definition? Asking you where a source came from is not insulting. Is this your way to dodge a question? If you are making this stuff up, that's fine. If it is really comeing from someone other than you, all I am asking is who it is comeing from. How do you get insult from that?
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quote:Originally posted by mnvestor: Tex, makes sense, but why show up after a couple of down days and try to offer new revelations, which happen to be not so new??
many questions, here, mnvestor...
many questions...
suggest team approach
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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posted
Is it possible for you to answer the questions purl? No insult here. Just wish you would let the others know the source of the information you are providing if it is at all true.
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quote:Originally posted by mnvestor: 71 million is a drop in the bucket when it comes to bringing drugs to market...thank you for pointing this out, even more evidence as to the real value of this company
true dat....
two points:
1) "pharm" plays test investors re R&D
2) is this *really* a pharm play? ie, when does a "herbal" blend become a "drug"?
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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"In July 2002, NIPRISAN was licensed to XECHEM Inc., a pharmaceutical company based in the USA by the Nigerian Federal Ministry of Health. The licensing agreement specified that the THP (Reverend Ogunyale), and NIPRD, would share the royalties accruing from the sale of NIPRISAN"
posted
My understanding Tex is the way they are extracting certain chemicals form the differnt plants. At least that was what I was told when I asked if it was only herbs, what could be the hold up here in the US and why would it need to be clinically trested before approval. I still don't comepletely understand the logic when there are no other chemicals involved. If they stated it was a dietary supplement, they could do anything they wanted.
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quote:Originally posted by mnvestor: 71 million is a drop in the bucket when it comes to bringing drugs to market...thank you for pointing this out, even more evidence as to the real value of this company
true dat....
two points:
1) "pharm" plays test investors re R&D
2) is this *really* a pharm play? ie, when does a "herbal" blend become a "drug"?
Howdy Tex, for your #2 question I would have to add that the ONLY one that I know of is good ole Marinol. Marijuana turned pill form. Anti-emetic as described in my Davis Drug Guide.
-------------------- I buy fast and sell faster!
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quote:Originally posted by Purl Gurl: "In July 2002, NIPRISAN was licensed to XECHEM Inc., a pharmaceutical company based in the USA by the Nigerian Federal Ministry of Health. The licensing agreement specified that the THP (Reverend Ogunyale), and NIPRD, would share the royalties accruing from the sale of NIPRISAN"
quote:Originally posted by amswap: My understanding Tex is the way they are extracting certain chemicals form the differnt plants. At least that was what I was told when I asked if it was only herbs, what could be the hold up here in the US and why would it need to be clinically trested before approval. I still don't comepletely understand the logic when there are no other chemicals involved. If they stated it was a dietary supplement, they could do anything they wanted.
ya, I think this is a "pivot point"
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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The article states that Niprisan was expected to be registered, launched and marketed in 2003. There is not a word about it being 'promised'. There is a major difference in expecting something and promising it. A total manipulation of words, a gross misunderstanding of the article or completely misread. Whatever the reason, no one promised anything.
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Definition of herb: Any vascular plant that never produces a woody stem Definition of drug: a substance used as a medication or in the preparation of medication b according to the Food, Drug, and Cosmetic Act (1) : a substance recognized in an official pharmacopoeia or formulary (2) : a substance intended for use in the diagnosis, cure, mitigation, treatment, or prevention of disease (3) : a substance other than food intended to affect the structure or function of the body (4) : a substance intended for use as a component of a medicine but not a device or a component, part, or accessory of a device
You tell me what Nicosan is... As a side note, per FDA a herb/vitamin/nutraceutical cannot claim they treat/cure a condition, which is why Nicosan is classified as a drug
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Could you name one promise that he himself has broken? You make the claim, please support your claim. As posted in both articles linked above, there is absolutely nothing about any promise to do anything. Is there a reason you go out of your way not to address 10of13 properly?
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quote:Originally posted by mnvestor: 71 million is a drop in the bucket when it comes to bringing drugs to market...thank you for pointing this out, even more evidence as to the real value of this company
true dat....
two points:
1) "pharm" plays test investors re R&D
2) is this *really* a pharm play? ie, when does a "herbal" blend become a "drug"?
Howdy Tex, for your #2 question I would have to add that the ONLY one that I know of is good ole Marinol. Marijuana turned pill form. Anti-emetic as described in my Davis Drug Guide.
Well...I humbly suggest we -- as a team -- learn about good ol' Marinol.
Any volunteers?
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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quote:Originally posted by Purl Gurl: Thank you, Plain 10, for your information.
I have previously posted that and your providing a link is just fine.
However, what I am discovering is a long trail of broken promises by Pandey. This is my point; he does not keep his promises.
This is a major red flag.
Purl Gurl
the broken "promises" have been hit head on by government and red tape...it seems as if those broken "promises" have simply been delayed...and the time is upon us...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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