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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: DanZ who wrote (3582)12/29/2000 11:22:27 AM
From: Mark Marcellus   of 5582
 
Who is Zengen?

Interesting question. Here's what a few minutes of internet research reveals:

- They are located about 2 blocks from Gel Tech's offices.

- They are not a reporting company but have an "investor relations" tab on their web page. "Financial information" is available on request.

- They are somehow associated with a company called Biotem Cytotechnologies. This company was in turn somehow involved in clinical studies regarding a product called Actisys which is marketed by a company called SportPharma USA. I have no idea whether there was any involvement of Biotem with SportPharma other than the study. SportPharma was spanked by a US District court for making false advertising claims for Actisys:
universal-zone.com

The company portrayed this ruling as a victory:

findarticles.com

I also have no idea as to Biotem's involvement, if any, with the advertising claims which got SportPharma in hot water. I mention this association because 1) it was about all I could find on Biotem and 2) it does indicate that we are not dealing with the top tier of that drug/biotech sector which Dan is so proud to be a part of.

Could someone open a window? It's starting to get a little smelly in here again.
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