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Biotech / Medical : Biotime-Nasdaq's best kept secret?
BTIM 0.00010000.0%Nov 5 1:26 PM EST

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To: Ron Kline who wrote (820)4/7/1998 2:33:00 PM
From: John L.  Read Replies (1) of 1432
 
Has there been any word on deals in Asia or Europe to market Hextend? It would be reassuring to hear that companies are interested in making a deal for marketing rights overseas. Abbott was supposed to help BTIM in there application with the FDA, but a 6-12 month evaluation timetable seems to be the next step for Hextend. This is still a long term investment if we are waiting to see profits as a result of product sales. I was personally hoping for some upside movement after the NDA filing, that isn't happening unfortunatly. I am long and will wait another 12 months hoping for the profits to start rolling in. There seems to be good upside potential with minimal downside risk, insiders don't seem to be abandoning ship yet. I hope in a year looking back that that going long will have been the right decision.
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