Time to stop and re-visit the Dolby Family links?
Cogstate... a legit business... with significant prospects.... with a PE ratio of what.........1.0 ???
With....
FDA news in the wind.....
Big money in board....
Contracts due...
Concussion back in focus in sports media...
COGNIGRAM news due...
-------------------------
Ray and Dagmar Dolby Regeneration Medicine
You gotta see some of what these Dolby folks are funding.... Dolby family worth approx $3 Billion.....??? And they asked to invest in Cogstate???
http://www.archdaily.com/340010/ray...n-medicine-building-rafael-vinoly-architects/
All credit for pics to architect and Dolby family....
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The following from "San Fransciso Business Times"...
http://www.bizjournals.com/sanfranc...family-ventures-alzheimers-cpmc.html?page=all
Dolby family cranks up investment in Alzheimer's disease fight
David Dolby......
"....There have been several (drug) failures, and some of those failures can be attributed to poorly executed trials as far as the type of patients recruited to those trials.
There aren't a lot of great, modern tools available to be doing a wide range of patient trials. I scanned the field and I came upon a company in Melbourne, Australia, called Cogstate Ltd. and asked about their computerized testing technology applied to Alzheimer's and other neurodegenerative diseases.
We came up with a strategy to further bolster it to provide the technology to screen patients to be eligible for trials.
Assuming that the world has a drug that is going to halt or reverse the effect of Alzheimer's, you're going to need great tools to find out who gets the best benefit from these drugs.
We led a $9 million capital raise for Cogstate through a new subscription for the company to issue new shares and, more recently, invested further to become the single-largest shareholder in the company....
......Cogstate is an example of a diagnostics tool that needs medical device designation (from the FDA). In the future, cognition testing will be an important part of pre-operative and post-operative procedures to be sure that patients don't need to return to the hospital. If you're testing only after the disease (is diagnosed), it's hard to track the progression.
Cogstate is working on innovative partnerships with centers of excellence to leverage the platform.
Hopefully we'll have more to talk about in Q1....."
What is not to get.....?
---------------
"Business Wire" thought it was worthy of note back when it was new news.
Cogstate...
...Dolby Trust
...Business Wire
...Berkshire Hathaway
...Warren Buffett?
...... jus stirring... but hey.... 6 degrees of separation and all that...
http://www.businesswire.com/news/ho...Commit-A3.5-Million-Drive-Global#.VT3T2ZOAkUU
-------------------------
"Ultimately, David Dolby said, the goal is to fund young companies to the point where they can prove that their drug or technology is viable and can attract additional investment..."
Sounds like US dollars....
--------------------------
FDA news..... hmmmmmmm...... COGNIGRAM.... roll-out.....????
$125 per COGNIGRAM test.... maybe gonna one day see 1,000,000 tested yearly.... USA CANADA EURO OZ AFRICA ASIA.....?
$125,000,000 annual rev chance on just COGNIGRAM?
Hells bells..... let em have the test for $75.00.... still good $$$
bsh
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