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Biotech / Medical : SANGUINE CORP. (SGNC)

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To: ColleenB who wrote (3034)7/12/1998 2:13:00 PM
From: Prospector   of 5402
 
Saguine has patents pending and is currently conducting research and development leading to FDA clinical trials of PHER-02. In 1994, Saguine and Battelle Memorial Research Institute devoloped three additional unique proprietary sunthetic blood compounds using newly developed surfactants. Battelle has completed extensive patent searches to insure the proprietary nature of these new compounds and Sanguine plans to file the necessary additional patent applications. The next phase will be gross animal testing (which is going on now)leading to an investigational new drug appliction to the FDA.

Sanguine and Battelle are very encouraged by these compounds as they eliminate many of the drawbacks of the first generation formula developed by Alpha Therapeutics which was approved by the FDA.

Prospector
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