Vion (formerly Oncorx) interesting play on Gene Therapy Message Board

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Biotech / Medical : Vion (formerly Oncorx) interesting play on Gene Therapy

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To: Sr K who wrote (296)	6/3/2003 8:23:53 AM
From: Jim Oravetz	Read Replies (1) of 370

This one is just low on the radar. SI with its paid structure is not going to get the traffic like the free Yahoo site. Then again, you have to filter through so much blather there and most if the posts are pure junk. Yes, its nice to see the bounce back out of the sub $1 range. Fact is that this company, while moving forward, will still need more investment money before any real drugs are approved. If you review the financials, they had about a year of cash left($8M as of 5/03) but multiple programs running demanding more levels of money - more patients, more paperwork, more product to make. I am still invested in Vion and believe that they have some good product candidates. While I have somewhat cooled on the TAPET vector and trials, I do think the other trials they have are looking good. Someone else must think that also otherwise the price would not have spiked up like it has the past few weeks. Jim

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