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Biotech / Medical : Biotransplant(BTRN)
BTRN 35.57-0.8%Nov 3 4:00 PM EST

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To: Arthur Radley who wrote (1318)5/13/2002 10:49:53 AM
From: Arthur Radley  Read Replies (1) of 1475
 
Very interesting CC.
1)Addressing rumor that MEDI is dropping BTRN, CEO pointed out that MEDI is increasing supply of drug for the future.
2)No patients have dropped from trials because of adverse events.
3) MEDI has indicated that PA trials will start THIS month.
4) Don't know who B. Melnick(sp) was on the CC, but he didn't mince his words. Suggested that board needs to look for new CEO to address business aspect of the company...and that his company wasn't pleased with status at BTRN.

Bottomline....future is shaky, but potential of products is HUGE...but they need money and need it soon.

It will be interesting to see how markets reacts....today and next few days is CRITICAL...we need to see some support coming in at these levels...or fat lady will be called to perform.(IMO)
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