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Biotech / Medical : A Biotech Bash - Recs and Wrecks

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To: r. peter Dale who wrote (43)8/28/1997 6:26:00 PM
From: shero   of 171
 
They took Techniclone (TCLN) out and shot the horse over the last two days. I'm a long term shareholder and a frequent poster on that thread.

They have enough money for about 1 year, one drug in Phase 3 clinicals (its taking forever) and another blockbuster (if it works) drug going into clinicals in the US in 4th quarter 97 and in Europe in 98. Their European partner is Cambridge, the leader in human monoclonals. I think the next 12 months will be very interesting for the company, and hopefully the shareholders. There is other technology I haven't talked about.

Also, and a big plus is the company is searching for a new CEO. Its a gamble--what bio-tech isn't--but worth a look.

Shero
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