Procept (PRCT): 50% rise on high volume. Why? Message Board

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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: T. Mann who wrote (97)	4/14/1997 6:29:00 PM
From: Douglas	of 455

Very little is said in the 1996 10K. I had to go back to the 1995 annual report. Page 4: CD4 is a protein receptor expressed on the surface of a subset of T cells, known as CD4+cells, comprising approximately two-thirds of peripheral T cells. CD4 plays an important role in the modulation of an immune response of CD4+cells that recognize foreign antigens. Stimulation of CD4+cells by foreign antigens presented by the MHC leads to the production of cascade of lymphokines that subsequently enhances the immune response. Page 6: Procept has identified a compound, PRO 2000, which has been shown, in in vitro studies, to be effective in preventing HIV from binding to CD4 and infecting live human T cells. Studies conducted by the company have demonstrated that PRO 2000 blocks a wide range of laboratory and patient-isolated strains of HIV from infecting both T cells and macrophages, the two major reservoirs for the virus. PRO 2000 is not a protein or vitamin. The company called it a synthetic molecule. They called CD4 a protein. I agree, the name is not very scientific. Never seen any explanation. Sounds like a golf club. Don't know anything about peer reviews. This Company does not release much news. This may be the result of our current legal system. Too many lawsuits! I agree with Gerald's response.

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