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Biotech / Medical : PRCY - ANY BODY HAS ANY NEWS ON THESE

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To: Michael Yang who wrote (1)3/30/1996 10:49:00 PM
From: RAJU EASON   of 670
 
They had some drugs got FDA approval recently and they are working on several other ones.

PRCY is a development stage pharmaceutical company
engaged in the development of proprietary drugs to address
needs in wound healing, hair growth, bowel disease, and
digestive ulcers. For the 9 months ended 9/30/95, revenues
rose 6% to $3.4M. Net loss fell 54% to $4.3M. Revenues
benefitted from increased interest income. Lower loss
relfects lower research and development expenses related to
the early-stage development of the Company's compounds.
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