Hedge Funds to Cancer Patients: “Die.”

by RoryKearney

It is just what we have been saying all along.

The thugs on wall street have been crushing the stocks of certain companies that do cancer research. Here is the undisputed proof of what has been going on with Dendreon, a company that makes Provenge, a prostate cancer immunotherapy, that was voted 17-0 safe and 13-4 efficacious, by an FDA hand picked panel of experts and then delayed by the FDA for reasons I believe had nothing to do with the science and everything to do with profiteering and power mongering by those inside the FDA, NCI and Wall Street.

1 out of every 6 men gets prostate cancer and since that terrible FDA decision almost 50,000 American men, including thousands of men around the world, have died without access to this non toxic, non invasive treatment. We were so incensed about this FDA failure to address the health needs of these men, that we formed CareToLive, a not for profit group, and sued the FDA to gain access to this treatment.

Unfortunately we are caught in a catch 22, as the courts to date have said that the FDA has not denied the treatment, but has only delayed it. It is almost 2 years since the delay, and in the meantime CareToLive has lost 3 members who sought access to Provenge. Tell Stephen Study, John Fish and Richard Ripp, that Provenge was just delayed and not denied. We have several members desperate for access. The FDA continues along in la la land as they feed at the public trough and gather fat Federal salaries, pensions and perks, without a care in the world for the men and their families who are suffering.

Wall street, conflicted doctors on the panel, and who knows what conflicts the FDA & NCI had, cashed out some enormous payoffs. One of the NCI doctors, Dr. Alison Martin, was quickly transferred out the Federal Agency, and landed a cushy job at a new Michael Milken healthcare "charitable" organization. Although he runs the largest prostate cancer foundation in the world, he is still, strangely silent on the Provenge debacle. He was, and probably still is, invested in Proquest Investments, who had significant money in other prostate cancer treatments. I assume his pardon by George Bush will be forthcoming. What a guy. Faster Cures, but only for the "chosen ones". Chemotherapy and radiation are huge money makers for the industry.

We currently have a writ in front of the Supreme Court pending. We remain cautiously hopeful, that they will hear our case and get to the bottom of all this.

Visit http://www.CareToLive.com to see more about this story.