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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: John Zwiener who wrote (903)	2/5/1998 12:33:00 AM
From: Charles Holewinski	Read Replies (1) of 1115

If LIDACOL is such a wonder drug why is Health Med LENDING money to Lidak or why does Lidak have to borrow money. It would seem to me that if LIDACOL is so good those interested in such drugs would be begging to give Lidak some money for a piece of the action. Is it LIDACOL which interests HealthMed or is it something else in LIDAK. I just read a recent news post which indicated that LIDAK MGT and HealthMed MGT are going over this loan deal to work out all of the details on lending $30 to $100 million to LIDAK over the next 18 months. What would LIDAK do with that kind of money, set up a manafacturing facility for LIDACOL?

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