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Biotech / Medical : Biotech & Pharma.T.A,
BIB 83.68+0.1%Nov 28 4:00 PM EST

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To: Jibacoa who wrote (257)2/13/2003 11:05:15 AM
From: Jibacoa  Read Replies (1) of 3722
 
BPUR Is up 20.18% on volume of 360KK (about 3x its daily average), after announcing that it will receive $4M authorized by Congress, to conduct clinical trials of its Hemopure, in trauma situations.

BPUR is trying to obtain FDA's approval to use Hemopure in trauma patients, by proving that it can remain stable for long periods of time and elevated temperatures.Hemopure would represent the first artificial blood substitute product.

The stock traded earlier at 4.10 (above the Feb.3 H of 3.99) It has to close above that level before it can test the Dec.27 H at 4.25 and the Hs of Nov. & Oct. at 5.75 & 6.40 respectively.<g>

siliconinvestor.com

Bernard
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