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Biotech / Medical : ENZON, Inc. - New Chairman
ENZN 0.04000.0%Nov 7 9:30 AM EST

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To: Ed who wrote (15)3/25/1997 8:06:00 PM
From: GC   of 96
 
To All,


This board is DEAD. I don't understand the lack of interest for this company. With the new management team and the multitude of things going for Enzon now, you'd think this stock would start moving. It is absolutely a fantastic story but it doesn't seem to get enough coverage. That will change soon I believe as this company is headed for a great future. Insiders are buying and drugs are being developed. The company should be cash flow positive by the end of this year and next year could be big if royalties from Green Cross
Corporation, a Japanese pharmaceutical company developing recombinant Human Serum Albumin(rHSA) using Enzon technology, start next year. HSA has a $400 million market in Japan. In 1999 or 2000 their potential blockbuster should get approval. Several other SCA licensed drugs are undergoing clinical trials presently, with milestone payments and royalties due if they advance to sales. The management team is tops and they say management management management.

Gary
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