Medical Discoveries (Twin Falls, ID) engages investment banker

Medical Discoveries Inc. on Wednesday said it has engaged C.K. Cooper & Co. to serve as MDI’s investment banker and advise the company on its restructuring and future capital formation.

The Times-News

"C.K. Cooper’s innovative financing products, industry advisory expertise and commitment to quality interaction with clients have made it our first relationship of choice as a small/micro cap therapeutic product company," said Judy M. Robinett of Twin Falls, president and chief executive officer of publicly traded MDI.

MDI said in a statement that C.K. Cooper & Co. is a specialty, full-service investment banking and brokerage firm, focusing on life sciences, oil and gas and other small and micro cap growth companies.

Mikael van Loon, managing director of the financial firm’s Life Sciences Group, said in the statement: "We believe their (MDI’s) technology may have tremendous upside and have observed the current management team demonstrate the ability to make promises and deliver on those promises."

Formed in 1991, Medical Discoveries is a development-stage biopharmaceutical research company engaged in research, development and validation of a new class of drugs, based on the company’s patented and proprietary electrolysis technologies. MDI said it is developing active anti-viral (HIV/AIDS), anti-bacterial and anti-fungal agents for a variety of applications

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