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Biotech / Medical : Procept (PRCT): 50% rise on high volume. Why?
PRCT 31.32+1.3%Nov 11 3:59 PM EST

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To: T. Mann who wrote (117)4/17/1997 6:29:00 PM
From: Douglas   of 455
 
On September 7, 1996 Procept presented preclinical data on its PRO 2000 topical gel formulation at the First Annual Meeting of Dr. Robert Gallo's Institute of Human Virology in Baltimore. The gel was shown to be well tolerated in a rabbit vaginal irritation study, and did not induce skin sensitization in guinea pigs. PRO 2000 topical gel was also shown to be compatible with latex condoms.

The British Medical Research Councial must of thought the data was good, they gave a research grant of $1,000,000.00 for Procept's Phase I that is ongoing in London.
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