The problems with knowing what is happening with the biotechs is that noone knows what is happening with the biotechs.
Cortical Dynamics and their seemingly breakthrough machine was spun off in 2007 - dont know when it will list - though late 2010 has been mentioned.
Molecular Discovery Systems (anti-cancer drug etc) spun off in 2009 and I think was the reason BPH reached 40c per share last August - dont know when it will list - though again late 2010 has been mentioned.
BPH has other projets we hear about from time to time such as the lung pathogen diagnostic machine and the glucose measuring device for diabetics but no idea as to their commercialisation progress.
BPH have been searching for commercialisation partners for their projects - see the website - i cant imagine why they havent found a company to join them unless its because of the demonstration of unreliability that BPH have shown again and again. Making promises and breaking promises is not the best way of attracting investors or partners...
I still think BPH will have to come up with a spectacular announcement next week to get anyone to subscribe to the latest issue.
GBA Price at posting:
25.0¢ Sentiment: None Disclosure: Not Held