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Biotech / Medical : CYPB - Cypress BioScience

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To: muddphudd who wrote (229)5/20/1998 12:58:00 AM
From: Jay Lowe  Read Replies (3) of 586
 
Repeat of msg 133 ... burnrate.

CYPB Highlights

- 1Q results (.05) ... Gruss Report expected (.08)
- company has $7.4M short term cash available
- current burn rate $2.5M
- Prosorba Column device now being used for ITP
- Phase III trial of Prosorba for RA ended early
- CYPB to file PMA for RA indication of Prosorba mid-98
- Cyplex(tm) infusible platelet alternative Phase II trial in process
- Gruss report sets 2 month price target @ $6.75

last quarterly report approx msg 133
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