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Sunday, January 16, 2005

For Conquering the Next Disaster in the World

For conquering the disaster, such as earthquake, tsunami, blood is very important. In many critical time, e.g. surgery, war, blood means life. Hence, people start to seek for blood substitute. If human can produce a blood substitute that will end blood shortages and be free of viruses, it will be a great progress in the human history.

Currently there are three potential winners in USA biotech industry. Northfield Laboratories Inc. in Evanston, Ill., became the first company to file for Food & Drug Administration approval. Its product, PolyHeme, is derived from human blood. A second company, Biopure Corp. (BPUR) in Cambridge, Mass., said it will file for approval of Hemopure, derived from cow's blood, by the end of the year. And Alliance Pharmaceutical Corp. (ALLP) in San Diego is in the late stages of testing a chemical blood substitute, Oxygent. These products, though different in makeup, have similar crucial attributes: They are compatible with any blood type and stay fresh for a year or more.

According to Nightly Business Report TV program:
The Japanese government has invested $35 million in this type project.

For conquering the next disaster in the world, people believe that US Government should support (include financial supports) those three potential winners in USA biotech industry.

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