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Biotech / Medical : DYGN - Dynagen

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To: Timewalker who wrote (325)5/14/1998 12:16:00 PM
From: WTT2  Read Replies (1) of 444
 
CAMBRIDGE, Mass., May 14 (Reuters) - DynaGen Inc. said Thursday it expects to break even by the second quarter of 1999.

"I believe that we should begin to make steady gains toward the year-end, with projected break-even by the second quarter of 1999," said C. Robert Cusick, DynaGen's newly appointed chairman, in a press release.

"The generic drug business is set to explode during the next five years, and I believe that DynaGen is capable of rapidly expanding and enjoying the benefits through its manufacturing and distribution components," he said.
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