Hi CB'rs - so, thanks for all the support and eager interest in BOL-148.
We just got some further great press on the local ABC News - Channel 5 in Boston:
"LSD Pill May Help Relieve 'Suicide Headaches'"
http://www.thebostonchannel.com/video/30425314/detail.html
I know the wait is from any patient's perspective - unacceptable. Lives are hanging in the balance for medications that work as we believe BOL-148 appears to. Heck, this is why Clusterbusters was needed to begin with.
Still, it is necessary to go through the legal, proper development procedures as set forth by FDA and its European Union counterpart. We are striving to do all we can to make this go as fast as we can.
Yes, that does mean we need to raise money still. But take heart that we are making progress, too. If the "worst-case" scenario is a venture-capital deal - I will still be so completely grateful that we found a real way forward. Right now, we do have some options and this is getting worked through. What Ricardo posted above- well, it would be wonderful if we could do all the heavy financial lifting on our own independent of VC - but VCs exist because they do serve an important function: VCs are willing to commit serious $$ to an industry - biotech - that have all sorts of risks associated with any such drug development investment.
In short, I remain very positive for this year and excited for what should get done in 2012. When we all meet later this year in Las Vegas for the Annual Meeting of CB - I hope everyone will agree that we are seeing the walk get walked and some real development milestones clearly getting mapped out and moving forward. The "right" deal here is whatever gets BOL-148 legally available as a medicine in the absolute shortest amount of time - so if it is WITH VC - then please so be-it and I'll even say some nice prayers of gratitude for all of them involved.
One final (small but important) request, I think it is just simple politeness that direct email correspondence shouldn't get in-part or in-full re-posted to a forum that is open to the public without prior consent. It's completely understandable to want more information but y'all just need to ask. I'm trying to do whatever I can and won't ever stop.
Yours,
Dr. J