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Biotech / Medical : Unigene Lab. (UGNE)

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To: Eddie Kim who wrote (336)	1/4/2000 5:03:00 AM
From: Ralph Hueppin	of 347

As I said about two years ago. The company is crap. It went below 1$ as i said. It got delisted as I said. they are about one to two years behind schedule. the share price didn't move a cent when the announced the IND. the inhjectible calcitonin was accepted in the EU. they didn't sell a single unit till now. Probably they never will. why should a patient use a different drug when he gets the money back from the insurance. the market for injectible calcitonin is very small. there are many different forms of treatment available now and much more are to come from big pharmaceutical companies. the only positve aspect as of now is that they seem to have enough cash for about half a year. -ralph

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