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Biotech / Medical : CMTR-CHEMTRAK FDA OK
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To: Art Baer who wrote (634)4/15/1997 4:46:00 PM
From: warren kaplan   of 1172
 
4 million in cash goes quickly when you are burning 500K monthly. Can anyone explain how cost of product 704K is greater than 608K in product revenues, hopefully Covell can. the marketing, G&A for 1.6MM seems excessive for what they are doing. Chemtrak needs the HIV approval within the next 6 months along with another 5MM in capital to market it effectively
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