Answers - Finance

Energy Metals Corporation

Energy Metals Corporation is one of the leading uranium development companies to watch in Wyoming and Texas. In an earlier interview with William S

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

heriff, Director of Corporate Development, he told us Energy Metals planned production centers in Texas and Wyoming. The company has followed through, opening regional office

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

s in both Corpus Christi (Texas) and Casper (Wyoming). Mr. Sheriff also mentioned his company may not develop its New Mexico properties for another five years, but this may b

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

e subject to change.

Energy Metals also holds property at Nose Rock, New Mexico. The company reports holding 16 separate leases over more than 8700 acres. A note on the comp

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

ny’s website explains that the Phillips Uranium Corporation reportedly discussed the Nose Rock property contained eight million pounds of U3O8. No work has been completed on

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

this property to make it compliant with National Instrument 43-101.

The website also discusses the property, “The mineralization occurs as roll front deposits in the Westwat

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

er Canyon Member of the Morrison Formation and shows no apparent disequilibrium, with no reported vanadium and trace amounts of molybdenum. The anticipated mining method was

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

nderground, although the deposits in this area may be amenable to ISL production.” Other Energy Metals Corporation leases include properties in Crownpoint, Rio Puerco, and Am

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

brosia Lake areas.

Max Resource Corp

A few weeks ago, Max Resource acquired a drill database comprising 40 years of uranium exploration in the United States. Among the data

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

were reports thought to be lost, but which included original reports prepared by Occidental Minerals Corporation about the company’s wholly owned C de Baca uranium project.

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

ocated about 100 miles south of Albuquerque, Max Resource announced it has begun the permitting process for a drill program later this year.

OxyMin, a subsidiary of Occident

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

al Petroleum, drilled 216 holes on the property, during the 1980s, and stated in an historical report that they had identified 1.67 million tons, grading 0.18 percent U3O8. T

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

he estimate is not compliant with the National Instrument 43-101 for reporting a resource. Max Resource announced it plans to drill ten shallow holes on its property, spendin

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

g about $100,000 during its first phase of exploration. OxyMin felt the property might be amenable to the In Situ Recovery process.

Powertech Uranium

Powertech Uranium is a

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

recent arrival among the hundreds of new junior uranium companies. Had Craig Bartels not mentioned this company, it would not have been included in this article. Bartels had

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

worked with Richard Clement, Powertech’s Chief Executive, who previously worked with Uranium Resources. Both uranium miners live in a suburb of Albuquerque, New Mexico. At th

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

is time, Powertech has only announced its acquisition of the Dewey Burdock uranium resource in South Dakota. However, in a telephone interview with Mr. Clement, he led us to

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

elieve Powertech may be in the process of acquiring claims in New Mexico. While we have little to write about on this company, because it is fairly new, it may be one to watc

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

h for developments over the course of the summer and fourth quarter. The company is backed by Canada’s Pacific International brokerage firm. Richard Clement told us the compa

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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Special offers abound in every sphere of merchandising and marketing, but how many of them work? Before I decided to make any special offers I gave the matter a great deal of thought.

Be careful not to under sell or you will lose money from the sale and, if you are a service type business, while you are delivering on your service you are not out selling. This

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