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DS9Voy Donating Member (130 posts) Send PM | Profile | Ignore Tue Jun-21-05 07:10 PM
Original message
Houston based company small pox testing
Edited on Tue Jun-21-05 07:17 PM by DS9Voy
I was thinking about investing in a company that is relatively unheard of and has a low stock price due to it's experimental treatments that sound promising.

I subscribed to the investor mailing list several months ago to keep informed with that was going on, and today I got this letter which sounds totally bizarre to me. This is the first I've heard anything about this company doing anything with small pox... But it's houston based (read: lots of republican connections) and I have to wonder WTF they are doing with small pox...

"HOUSTON--(BUSINESS WIRE)--June 21, 2005--CytoGenix, Inc. (OTCBB:CYGX - News) announced that it has entered into an agreement with the University of Pennsylvania for animal studies using the company's proprietary synDNA technology to test a DNA vaccine against small pox.
Dr. David B. Weiner, Associate Professor, University of Pennsylvania Medical School, Department of Pathology and Laboratory Medicine, a leading expert in DNA vaccines, will conduct these proof-of-concept studies to determine the immunological activity of the synthetic DNA vaccine compared to a plasmid DNA vaccine.

Smallpox has been eradicated by inoculation programs since 1949 in the U.S. and since 1977 worldwide when the last case was reported in Somalia. Recent threats to national security, however, have caused the Centers for Disease Control and Prevention (CDC) to include the smallpox-causing variola virus as a "Category A" agent (highly dangerous) in the U.S. government's list of bioterrorism biological agents.

The CDC reports in its web site, www.bt.cdc.gov/agent/smallpox, "Because smallpox was wiped out many years ago, a case of smallpox today would be the result of an intentional act. A single confirmed case of smallpox would be considered an emergency." The CDC and other government agencies have plans in place to counter an outbreak of smallpox.

Dr. Weiner comments, "For the past fifteen years, we have worked to bring DNA vaccines into the public health mainstream. One of the chief impediments has been the high cost of pure clinical grade DNA. We are eager to conduct these experiments to determine if vaccines made by this method are as effective or more effective than current DNA vaccines."

Dr. Malcolm Skolnick, CytoGenix President and CEO commented, "We believe that there is an opportunity to develop a smallpox DNA vaccine that will be safer and more effective than the live cowpox vaccine currently available. This important scientific collaboration with Dr. Weiner, a pioneer in this field, demonstrates our strong commitment to advancing DNA vaccine technology to the forefront of clinical use."

CytoGenix, Inc. is a Houston-based biopharmaceutical company that develops and markets innovative products and services based on its proprietary ssDNA expression technology. The company has developed a breakthrough synthetic process for large-scale production of high purity DNA at a fraction of the cost of traditional fermentation methods. CytoGenix currently has one issued U.S. patent and 40 international or U.S. pending patent applications claiming methods and materials in connection with this platform technology.

SAFE HARBOR: Except for statements of historical fact, the statements in this press release are forward-looking. Such statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include, but are not limited to, general economic conditions, risks associated with the acceptance of new products, competition, and other factors more fully detailed in the company's filings with the Securities and Exchange Commission.

Additional information about CytoGenix and its technology can be found on the website at www.cytogenix.com.



--------------------------------------------------------------------------------
Contact:
CytoGenix, Inc., Houston
Juan Ferreira, 800-677-5707"
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WhoWantsToBeOccupied Donating Member (413 posts) Send PM | Profile | Ignore Tue Jun-21-05 07:53 PM
Response to Original message
1. Nixon/Kissinger knew biological weapons were too dangerous
America under Nixon and Kissinger led the drive to pass the Biological Weapons Convention. Nixon and Kissinger--neither liberals nor idealists--studied the threat of biological weapons and determined they were too dangerous to mess around with. Now, America is doing all kinds of provocative research with nature's most dangerous pathogens. And we're doing it all unilaterally. We have undoubtedly unleashed a biological weapons arms race. And that is the absolute stupidest thing we could have done. This horrifies me.
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DS9Voy Donating Member (130 posts) Send PM | Profile | Ignore Tue Jun-21-05 10:47 PM
Response to Reply #1
2. But I have to wonder
if they're going to be infecting animals with this isn't there a risk an "accident" could happen and the virus released?

Since the virus is essentially gone I don't see why you would start such tests.
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FreedomAngel82 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-21-05 11:02 PM
Response to Reply #2
4. That's very scary to think about
:\
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four more wars Donating Member (62 posts) Send PM | Profile | Ignore Tue Jun-21-05 10:59 PM
Response to Original message
3. Stinks of a scam to me
the way it works is this:

a) Scammer buys a couple of hundred dollars of junk stock of company A

b) Scammer circulates email suggesting 'insider information' about the junk stock

c) Mug punters 1/2/3 buy stock in company A

d) This sudden buying of stock raises stock price of company A, and the Scammer takes advantage of the inflated price of company A by selling his stock

e) Mug punters 1/2/3 lose all there money as the company fails.

I may be wrong in this case, but it's a pretty usual scam, and this, to me, seem's pretty targeted at a few DU'ers who would be prepared to give up there ideals to make a fast buck on this 'insider information'

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DS9Voy Donating Member (130 posts) Send PM | Profile | Ignore Wed Jun-22-05 12:37 AM
Response to Reply #3
5. Um
It's not "insider information". It's a press release on the company web site.
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The Magistrate Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-22-05 01:38 AM
Response to Original message
6. Locking
The company is capable of circulating its offer without the assistance of this forum.
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