Tuesday, June 22, 2010
Our collaboration with the Texas Medical Center has produced preliminary culture-based results for the rapid detection of Group-B Streptococcus of between 4-6 hours. The initial results are 12-18 times faster than the 72 hour wait time experienced with traditional petri technology. The Texas Medical Center is continuing to finalize these Group-B Strep results and NanoLogix is furnishing additional test kits for that purpose.
In addition, the physicians at the Medical Center will begin testing Nanologix BNF/BNP™ technologies with the drug-resistant ‘superbug’ MRSA (methicillin resistant Staphylococcus aureus). MRSA is a type of staph infection that is the top cause of infections in hospitals.
It traditionally takes 1-3 days to detect MRSA. Physicians at the Texas Medical Center anticipate that the NanoLogix technologies will dramatically reduce wait times for the detection of MRSA similar to the results evidenced by their recent test times for Group-B Strep
<<What about Battelle?>>
Yes, what about Battelle? They published a great report about the technology over a year ago but you seem to imply there is a continuing relationship? Are they a NNLX customer?
<<How about a US Govt. agency?>>
Which government agency and, again, what is the current relationship? Last summer the company specifically mentioned signing a letter of intent with the EPA but that update (dated 4 Aug) has vanished from the website. Do you know why that update was scrubbed from the website? IMO and in the absence of any further updates from the company, it is reasonable to conclude they removed it because that initiative is no longer being pursued.
<< But what Nanologix provides is that speed, but with a simple, culture based technology that is simply enhancing the "traditional" methods.>>
Do you still think the patented technology NNLX incorporates in petri dish-based microorganism detection to make it so much faster does not make this new technology distinct in the eyes of the FDA and, thus, will not require FDA approval or even GMP oversight? Do you know whether the company has asked for a ruling from the FDA on this issue?
<<Seriously, I laugh at this board. Some even say the longs are not as strong and as bold in the past. RIGHT? Actually, we are pretty sick and tired of the B.S. that comes from this board so we choose not to post any more,...>>
thks for your post. I couldn't agree more, most long-term investors hold long and strong. I am invested since
2006, slowly increasing my share account. I think
the fundamentals are great, we have revolutionary
products, production facilities are built and production
I believe has began. Revenues should follow. The
fact that not enough public PRs are issued is a non-issue
to me because I am sure that Mgmt has reasons for
this. I am patient and very happy to be invested in NNLX.
Keep posting, I enoy reading your posts.
No problem Jimminy. But faster is always better if it is accurate.
My sister is a nurse!!!
There are so many benefits to speed it is not even funny. But what Nanologix provides is that speed, but with a simple, culture based technology that is simply enhancing the "traditional" methods. Not one competing technology can claim that. And, the traditional methods are a multi-billion dollar business currently. Does any one thing TMC would be "toying" with this technology if there was way better things out there? What about Battelle? How about a US Govt. agency? People here fail to realize that the credibility Nanologix is building far outweighs the "Pink" sheet status. This is not a company saying they have deals inked in Pakistan or such. They are working with some of the "Big" boys in the good ole USA.
Again, easy for them to pay the under 1k to put a business wire P.R. up, and try to generate interest. WHY don't they do that? Why? Because look at who they are in bed with?
Seriously, I laugh at this board. Some even say the longs are not as strong and as bold in the past. RIGHT? Actually, we are pretty sick and tired of the B.S. that comes from this board so we choose not to post any more, the stock price is holding up well, and when the good stuff hits, well, we know that we are sitting pretty. All Yahoo message boards are the same. So what? Invest your money as you please. Nanologix will do very well, whether they decide to tell you about their sales tomorrow or next year, there is HUGE interest in this product.
She is a nurse, not a lab tech.
I'll grant I don't know. If something is to be known, I want to know it inside and out.
Where a hospital might want to detect faster instead of prescribing a general antibiotic, i'm not sure which is preferred in all cases, etc.
"I don't know if this is the right characterization, but it is a slightly educated guess: strep tests from swabs of the vaginal canal are important to prevent infection of the newborn, but can be done a week before due, thus time saving is not primary, hence no BNP... then again, unexpected labor it might be key. This limits the # of kits to sell.
On the other hand, MRSA could be huge.
This is a little bit of the logic I got after, again, speaking with my nurse lady friend"
Jimminy, MRSA can be huge.
Jimminy, the test can be done a week before therefore time saving is not primary, hence no BNP. As I understand it, BNF as a lot to do with that test. However, to say time saving is no primary is incorrect. It is the lab that would be saving money and God knows what else. If they could test for it in one day, and this goes for any test Nanologix can do faster and cheaper, that is huge. Not to mention, if/when TMC adopts it, others will likely have to follow other wise open themselves up to legal issues. I believe once it is diagnosed, an antibiotic would be prescribed. If the antibiotic had more time to work, wouldn't that be better for the patient. Your nurse is not very credible. Yeah, I got your email way back, and I reviewed it with some prominent people and they pretty much think she is WRONG!. Like I said, at the ASM San Diego, one lab tech/salesman, wanted to sell this technology immediately. His eyes were popping out of his head. Any one who does not think this technology is not revolutionary, well, they are just misinformed or better, uninformed. But that will all change soon IMO.
Let me restate the benefits.
It works. TMC thinks so from what I am reading.
It is FAST.
It is very inexpensive.
It is practical.
It is turnkey.
It is simple to use.
It does not require expensive additional equipment.
There is a reason the company does not spit out P.R.'s over the wire. And the reason is not that the product is not working! Yes, there may be some validations or accredidations or such it might need, but I would think the TMC thing is quite promising. Be patient....All is well in Hubbard......
I'm willing to grant that it takes a very long time to get a products viability established when it is more or less one or two technologies, the use of which has to be gone over, tested and slowly incorporated by any party / company so intrigued.
One could argue that things are on the "right track" but they have been for a while. Given the time factor, at least Tex Med is the entity.
The real question, even if the comp. can survive the time-lag, is whether or not the technology will be utilizable across a whole spectrum, presupposing ample orders/ contract. The instances in which it would make sense to "switch" to bnp/bnf might be very esoteric from the start and that does not bode well.
I don't know if this is the right characterization, but it is a slightly educated guess: strep tests from swabs of the vaginal canal are important to prevent infection of the newborn, but can be done a week before due, thus time saving is not primary, hence no BNP... then again, unexpected labor it might be key. This limits the # of kits to sell.
On the other hand, MRSA could be huge.
This is a little bit of the logic I got after, again, speaking with my nurse lady friend.
So far, I've seen a lot of promising studies, talk about government contracts going back a couple of years, testimonials from various entities and I've yet to see a contract or orders.
Orders on some scale would be proof they have a viable product
Who is Vector Vest lol?
I believe this is a process.
You get Battelle
You get TMC
You get US Govt Agency
and the rest begins to fall in place.
I believe if people are selling, they are either short term traders getting bored, or longs that need the money, or some flipping in and out.
Any loyal supporters selling now unless for hardship, would be foolish in my opinion. The writing is on the wall, the website wall lol.
Hey, good luck guys and gals.
Remember...Culture based technology. Faster than any culture based technology I know of. Cheaper than any PCR or other competing technology. From what I heard at ASM, people like the idea of the speed, affordability, ease of use etc. From the little I have read on the website regarding TMC, sounds they like it so much they are going to be applying it to other applications. Now I can't speak of sales or revenue or production or orders, but I can definitely make a better case for them being right around the corner from it, than anything else.
Oh, on Vector Vest. Volume is too low here to make any accurate prediction or recommendation whatsoever.
JMHO, not intended to offend. Good luck.
Right on - BB needs to quit micro -managing and hire A PRO TO GET PRODUCT IN THE PIPE LINE - THE HONEY MOON IS OVER AND ONLY news of PRODUCTION, ORDERS AND REVENUES WILL ADVANCE SP - many of loyal supporters are beginning to sell - Vector Vest has recently changed their ratimg of NNLX to 'SELL" bad sign - they advocate take profits ?