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Biotech / Medical : Procept (PRCT): 50% rise on high volume. Why?
PRCT 30.67-2.1%1:41 PM EST

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To: Gerald Thomas who wrote (82)4/8/1997 12:56:00 PM
From: Douglas   of 455
 
The only positive mentioned in the 10K was that no side-effects were observed from administering the drug intravenously. The number of patients in this study was only eight. Not a large number.

My personal guess(pure speculation) would be that the postponement(indefinitely) was for the following reasons:

1. Their results were not any better than what's all ready available for the treatment of AIDS. Nothing different.
2. Lack of cash.
3. Survival is greatest with clinical development of PRO 2000. Funding possibilities are greater.
4. Quicker development of the PRO 2000 gel.

Hopefully, we will have a press release sometime soon!

I tried to send an e-mail to Procept at webmaster@procept.com ,but no delivery. Please send me the e-mail address you have. Thanks.

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