GBA 0.00% 2.0¢ grandbridge limited

bph/cortical dynamics

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    BPH ann. re:Cortical Dynamics

    http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00979202

    because of GBA's holding in BPH
    they will hold 7million shares in Cortical Dynamics
    when they spin it off from BPH

    http://biopharmica.com.au/documents/GBA-IPOintentionforBioPharmicaLtd-20070614.pdf

    "Market
    The depth of anaesthesia market is predicted to be worth
    US$750 million by 2008. There are eight products in the
    market and two companies whose focus is purely depth of anaesthesia monitoring. The benchmark monitor at present
    is BIS (the Bispectra Index at Aspect Medical Systems Inc).
    It has been shown in extensive clinical trials that improved
    monitoring of the depth of anaesthesia reduces recovery
    times, the costs of anaesthesia and the incidence of
    postoperative recall."


    Long-term there is a potentially huge growth market
    as the population ages

    "This brain activity monitor also has potential
    in neuro-diagnostic applications, including the
    detection of the early onset of neurodegenerative
    diseases such as Alzheimer’s and Parkinson’s"



 
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