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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: contrarian who wrote (1315)10/12/1997 10:27:00 PM
From: Richard Cohen   of 1762
 
Thanks alot for the info. I'm a family physician and these new advances fascinate me. Another explosive biotech stock to watch is BTIM. I have been on board with them for the past two years. They have a liscensing agreement with Abott to produce a plasma extender called Hextend. Hextend recently completed Phase 3 trials without a hitch and will be approved by the FDA shortly. Hextend is unlike any existinfg product because it causes no coagulation problems and can be used for low temperature surgery for extended organ transplantation and trauma. The stock has had quite a runup over the last month but that is only the beginning. They announced a 3-1 split which will allow instituional buyers to get involved.(There is only a 3 mill float with insiders owning 1.5 mill) There is a potential 3-5 billion$ plasma extender market in the U.S. alone. This looks like another "attic stock" Again thanks for the info and LOL.
Rich
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