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Gold/Mining/Energy : Inflazyme Pharmaceuticals (T.IZP)
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To: David Wolfson who wrote (78)10/29/1996 8:06:00 PM
From: Chuca Marsh   of 1501
 
Your right David. Writing fast and thinking fast;BUT cyto up 22%today.
The comparison I made was incorrect. I always confuse DOW with Dupont
-I re-read the SEC Form 10 Q/a on Hoovers and CYTO and Dow is the Joint
Venture not Dupont-Merckand CYTO. That is wrong, the rest is speculation.
But CYTO was halted today at opening, from 11:00AM-ish on it traded
2,350,000 shares. It went from 4 and something last week to 6 to mid 5 to-
day.
As for IZP , someday it will act that way when the good news comes
out with such approvals by FDA as CYTO had today.
A new class of drugs competing with steriods is what IZP is all
about. The test kit and its antigen "vaccine" development which
was mentioned today on the 10-29-96 press release, this is what
IZP is about.
CYTO does have other joint ventures ; and I think Dupont Merck was
one. I will dig it up eventually.
I recall cancer listed on the press release, it was left off
today and PSORIASIS was added. This is because of an IMMINENT deal
with SUPERGEN during their couple / few month look see that comes up
next month. Turberculosis Vaccine being listed on the press release is new in their stressing. I
bet they have more in the works ( ie - DRUG CANDIDATES ) than we
know. When I first jumped in 7 months ago I did not known about these
2 items.
On CYTO I did not know about their ARTHRITIS drug candadate
with joint venture partner DOW CHEMICAL ( ie - not DOW OVEN CLEANER ) which
you might have misunderstood my last post on the thread!
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