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Gold/Mining/Energy : Procyon Biopharma Inc.

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To: thebeach who wrote (333)5/19/2002 6:58:47 PM
From: thebeach  Read Replies (1) of 356
 
I must agree with the general consensus on this board.
Procyon will be one of the hottest biotech stories of 2002.
I ask each of you - who follow many of Canada's leading biotech companies to compare the product pipelines and licensing execution that Procyon management has demonstrated. The stock is clearly undervalued with a market-cap of $70 million. The Phase II and III trials that FIBROSTAT is going through alone must be worth several hundred million. These trials are all funded by Biovail - standard licensing deal.

Look at three things:
(1) Management's ability to execute - i.e: already licensed two products to two major pharmaceutical companies;
(2) Option agreement with CHIRON on PSP Antibody - MASSIVE product posssibility; and
(3) Their DEEP cancer product pipeline (both PSP and ANA).
This is one of those hidden diamonds in the rough. Great management, great story, deep pipeline = higher share price.

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