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Biotech / Medical : SANGUINE CORP. (SGNC)

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To: chirodoc who wrote (40)6/4/1998 1:48:00 PM
From: Gwolf  Read Replies (1) of 5402
 
Chirodoc, All of the other competitors have pulled out to the best of my knowledge. Everyone else was trying to use an animal blood derivative, the problem is with the proteins. If you look at various forms of research you see that proteins are linked to cancer, alzheimer's, mad cow disease and various other maladies. So any other competition has been dropped at this time.

Their original product had a patent, however the current product has been improved upon enough that is now requires a new patent.

How did you figure the company is in financial straits ? Please explain.

Gwolf
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