Has it now got to the point where HC no longer sees any point in posting a price sensitive ASX announcement made 2 days ago by BPH re MDS?
26/06/2012 "Australian Patent Granted for HLS5 Patent Family"
"..BPH Energy Limited (ASX:BPH) investee company Molecular Discovery Systems Limited(“MDS”) is pleased to announce that the Australian patent application has now been granted. The issued patent entitled ‘Sumoylation control agent and uses thereof’, patent number 2006302728, is valid until October 2026. The Australian patent is the fourth issued patent for MDS.
MDS has an extensive patent portfolio encapsulating the tumour suppressor gene HLS5,both as a potential cancer therapeutic target and also underpinning its involvement in a variety of other diseases. In recognition of its potential for detecting and treating cancer;
outstanding organisations such as the NHMRC, the Cancer Council of WA, the National Breast Cancer Foundation, the Medical Research Foundation of Royal Perth Hospital and
the Scott Kirkbride Melanoma Research Centre have awarded HLS5 research with high priority funding. MDS will continue working with Professor Peter Klinken and his research
group at the Western Australian Institute for Medical Research (WAIMR) with the aim of developing the HLS5 research to its full potential...."
I am sure however that the news will neither turn the Medical or Scientific Community on its ear. Also, with my cynicism working overtime, do I smell an IPO in the air now that the Cortical IPO has been "concluded"?
No BPH position but plenty of sentiment [although none of it in the selection drop down] but have got a lot of MDS which will one day make me rich.
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