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Biotech / Medical : Biotransplant(BTRN)
BTRN 35.61-0.7%4:00 PM EST

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To: Arthur Radley who wrote (1371)7/30/2002 1:55:15 AM
From: Icebrg  Read Replies (2) of 1475
 
TexasDude

As I read this, it means that they will not wait for Eligix US approval before they push forward with the Allumune trials. They will use the next best technology instead. Later upon approval of the concerned Eligix' device, they can switch.

From the PR issued upon acquiring Eligix.

There is a significant strategic fit between the two companies that will help to position BioTransplant as an industry leader in immune modulation therapy for transplantation in cancer and other serious diseases. BioTransplant's AlloMune(TM) System will benefit from Eligix' device, enabling BioTransplant to offer, along with the MEDI-507 antibody, a comprehensive approach to increase the safety and efficacy of transplantation for cancer and other diseases.

Ice
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