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Biotech / Medical : Antex Biologics (ANTX)
ANTX 1.090-2.7%3:56 PM EST
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To: John R Resseger who wrote (773)3/19/1998 3:03:00 PM
From: F. Jay Abella, III  Read Replies (2) of 1476
 
Hi All:

Here's what I see as noteworthy in the 10-K. Anyone want to add anything?

a) Less warrants to SB outstanding now (5.7mm)
b) SB Funding for this year secured
c) PM to put up another 0.5mm at a "milestone"
d) Burned only 1.2mm last year, with a 0.02 loss for all of 1997
(That's very impressive for a biotech, especially with R&D up 79%).
e) Spending on worldwide patents way up
f) Need to expand to include a small animal facility and pilot manufacturing assumedly for clinical trials.

This looks pretty good. What do you all think?

FJA
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