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Microcap & Penny Stocks : EXTI - only public co. developing liver device

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To: Danny Kim who started this subject7/5/2004 11:22:51 AM
From: Tradenride   of 1063
 
Posted on RB April 28 2004

From a TC with Mr. Steen this afternoon:

- MCT's immortalized cell lines do not have 100 % the same characteristics as fresh human hepatocytes, but they behave very similar in many ways.

- Pharmaceutical companies need them for use in early stage of drug discovery

- Pfizer, Roche and other companies are already using them

- He is very positive about the use of these cells in the long run

- During the last 3 to 5 years Pharmaceutical companies came to the conclusion that induction studies are an almost perfect prediction for inhibition studies (Hope this makes sense, but that's what I think he meant to say)

- I suggested that after I had visited their website I had the impression these immortalized hepatocytes must be their "top-product". His answer was very clear: "yes"

I was very glad to hear all of this.

I hope the small rise in revenues from the last Q means Xenotech is starting to pay % on sales to MCT.

Regards,
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