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Biotech / Medical : Biomatrix (BXM) Looking Great

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To: scaram(o)uche who wrote (561)3/20/2000 3:38:00 PM
From: JMarcus  Read Replies (2) of 569
 
Rick, the news from CLTX is all the more impressive because just last week CHIR announced that it was abandoning its competing product.

biz.yahoo.com

I recall seeing another competitor announce the abandonment of its competing product a couple months ago, but I can't recall the details.

I went long CLTX after its last Informed Investors Forum presentation. I cornered the presenter after his formal remarks. He said that the uptake of the adenoviral vector had been terrific and that there appeared to be no problems with adverse side effects. Although CLTX's preclinical results with pigs had been phenomenal, I was worried about the human trials in light of other failures in the area of angiogenesis therapy for coronary disease.

Marc
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