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Biotech / Medical : Vion (formerly Oncorx) interesting play on Gene Therapy

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To: Jim Oravetz who wrote (228)2/22/2001 3:10:32 AM
From: Dave  Read Replies (1) of 370
 
Mr. Kessman concluded, "With several notable milestones reached, we begin the year 2001 as a much stronger company, with a stable of three product technologies, all in some stage of clinical development, important collaborations with which to expand our knowledge base and cash resources of approximately $24.4 million, which based on our current initiatives will fund the company's development efforts through the first quarter of 2002."

Did he really say that they're currently scheduled for bankruptcy in just one year?

Dave
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