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Biotech / Medical : ORTC Ortec International

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To: Jake who wrote (95)3/16/1998 10:53:00 PM
From: fut_trade  Read Replies (2) of 272
 
I like to see insider buying.

I think the buying is actually well coordinated effort to build up cash reserves, which Ortec will need to execute their business strategy. My feeling is that without JS and GS, those Class A warrants would never have been exercised. Same thing goes for the Class B warrants -- which have an exercise price of $15. The buying needs to continue so that the warrants will eventually be exercised.

Ortec seems to be nearly finished with the clinical trials for using CCS for the treatment of non-healing skin ulcers of patients with EB. Do you know anything more about this -- regarding the FDA approval process?

Peter
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