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Biotech / Medical : Cortex (Cor) [formerly CORX]
COR 359.22+2.0%Jan 30 9:30 AM EST

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To: DavidCG who wrote (615)10/23/1998 5:42:00 PM
From: Candle stick  Read Replies (1) of 1255
 
News today about funding and Nasdaq listing.......

biz.yahoo.com

''As we reported earlier,'' said Vincent F. Simmon, Ph.D., President and Chief Executive Officer, ''our discussions regarding
the initial corporate partnering opportunity are in advanced stages and we hope to announce a completed agreement by the end
of 1998. We are hopeful that funding from this partnership would allow us to maintain the current listing of the Company's
common stock on Nasdaq.'' Dr. Simmon added, ''With a corporate alliance in place, our ability to secure funding from
additional sources is likely to improve, including investments from several qualified private investors, with whom discussions are
underway.''
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