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Biotech / Medical : FDA THRESHOLD: LOWER-RISK BIOTECH INVESTING

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To: opalapril who wrote ()12/14/1999 6:35:00 AM
From: opalapril   of 75
 
Matritech's bladder cancer test kit approved for wider use and earlier detection.
Message 12275940

This isn't exactly a block buster, but it certainly validates the company's cancer testing approach. The Bloomberg news item, to which the above link connects, correctly notes that the stock has already had a decent run to $4+ in anticipation of this news. (Although there was a head fake three or four weeks ago when it fell to near $2 and then recovered.)

Be interesting to see what happens now.
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