PSD psivida limited

i sent psd an email asking some questions about their proposed...

  1. 3,807 Posts.
    i sent psd an email asking some questions about their proposed delivery system. remember, they come from perth, the same place as dr oneil, whom has already developed the 'world first' delivery system.. (but wont sell it).

    from me;
    "as you would be fully aware,...dr oniel in perth has a revolutionary drug delivery system for naltrexone. i see from you profile that your co' is attempting the same.that is what interests me..

    im an investor in your company and ive some questions please.

    is dr o'niel working with you?
    how far along the track are you with your development ?
    any idea when it will be finished and on market?

    thank you."

    reply from psd;
    "Dr O'Neil is not working with us and we are not working in the same space. His program is to treat drug addicts, ours is to treat patients with pancreatic cancer. There are no similarities in the two programs."

    so, psd has denied in their email to me that they are working on a delivery system....so why do they state this (below) on their company spiel???

    "The company also owns the right to develop and commercialize a new biomaterial, nanostructured porous silicon (BioSilicon), for multiple potential applications in healthcare with a core focus on drug delivery."

    would you say they have lied to me? does this make them a dodgy company? i have sold my interests....
 
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