Depotech(depo) Message Board

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Biotech / Medical : Depotech(depo)

DEPO 7.300

+1.7%

Aug 14 5:00 PM EST

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To: StockDoc who wrote (793)	4/8/1998 7:41:00 AM
From: Bob Barels	Read Replies (2) of 887

DEPO is dead. Nothing new from the conference. N.V. Katre, Ph.D from DEPO spoke and said nothing. Words like "uniquely different" "preclinical", "potential" "future" " the rate of release may be controlled" were all over the presentation. Bottom line is : we need funding. Any suckers out there? The only sentence with some meaning was "... The DEPOFOAM formulation of an anti-cancer drug, cytarabine, has undergone clinical trials and is in the final stage of review by the U.S. FDA." On questions about timing, previous failure, Dr. Katre had no comments. My suggestion is get out as soon as you can. This company is a failure. Key people have left the company with huge profits and some others are left to collect the remains. IMO that it will be $1 stock by the end of the year.

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