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Microcap & Penny Stocks : EQUIDYNE CORP: IJX (AMEX)

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To: dgrebles who wrote (159)7/3/2001 11:40:30 AM
From: Skywatcher   of 179
 
SAN DIEGO, Calif. (Dow Jones)--Equidyne Corp. (IJX) received Food and Drug Administration approval for its Injex single-use disposable needle-free drug delivery system.
In a press release Monday, the company said it is in talks with pharmaceutical manufacturers and government agencies about possible applications for the product.
Potential applications include short-term injectable drug therapies administered by patients at home, as well as some subcutaneous vaccines.
Equidyne said it will start production of the product in the U.S. when it signs a license and supply agreement.
Shares of Equidyne recently traded at $2.04, up 33 cents, or 19.3%, on Nasdaq volume of 36,900 shares. Average daily volume is 23,906 shares.
Equidyne makes needle-free drug delivery systems for subcutaneous and intramuscular injections.
-Karen M. Chow; Dow Jones Newswires; 201-938-5400
Now for the REVENUES!!!!
without them we are going nowhere...
chris
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