Dan,
FDA approval is of course for clinical applications, but EXTI is also developing the SybiolR for Pharmaceutical companes to use as a safe (better than using humans as guinea pigs, imo), and inexpensive way to test new drugs and this would not require FDA approval...
Message 12667583
Pre-clinical and clinical trials will be directed toward FDA approval for clinical applications in the US. Sybiol© could also provide pharmaceutical companies with a safe, inexpensive way to test new drugs, an application which may not require FDA approval.
Below is also a post from another EXTI investor that sees the potential for SybiolR, even before FDA approval:
Message 12579163
"if we can just demonstrate a device that works in Phase I trials or Phase I & II, I think we would discover that large companies with deep pockets would then become very interested in either acquiring our company or, at least,acquiring our intellectual property rights"
I hope that this helps,
Shawn
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