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Gold/Mining/Energy : Procyon Biopharma Inc.

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To: Tim Cruise who wrote (216)1/27/2000 11:45:00 AM
From: Jeff Chan  Read Replies (1) of 356
 
Hi Timothy...

If memory serves me correctly, I think I called them from work on Monday and got an investor's pkg later on in the week. However, I decided not to put any money into them since they're still a bit too early in their development stage. I prefer to stick with companies that have gone into phase III trials. I have to pay more for the company, but the chances of the drug coming through are a lot higher.

I think their Fibrostat product has a lot of potential. Anyone that's had an operation will attest to the potential scarring...especially if you've had something like open heart or bypass surgery...we're talking a scar the length of your torso, but there hasn't been much attention made of this product. Their other products are a little too early in the development pipeline for me...not having begun human trials as of yet. I keep monitoring them on SI, though. Also, all my money's tied up in DMX, IGT, HML, and ALLP. Having had this email from you, I think I will call them up to see what's what.

All the best to you.
Jeff C
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