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Biotech / Medical : Biotime-Nasdaq's best kept secret?
BTIM 0.00010000.0%Nov 5 1:26 PM EST

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To: Stephen How who wrote (1011)6/11/1998 9:02:00 AM
From: Jim Roof  Read Replies (1) of 1432
 
Just what is your position on BTIM today? Rather than post links to your page just make it a little easier on us and put it into your own words. This article seems to say that it is the molecular weight of the starch that is the beneficial factor yet that explanation fails to explain why there are observable differences between the generics and Hextend.

Steve, do you realize that Biotime stumbled across Hextend? They were doing cryogenics and needed a solution that would better preserve organ tissues while undergoing the freezing process and hence they developed Hextend. It is my understanding that their primary goal was not to develop and market a blood volume expander. If you think about it, Biotime is a stupid name for a blood volume expander company but it makes perfect sense for a cryogenics firm. Also, as you already know, the founders come from a cryogenics background.

All this to make a simple point. Biotime needed a better solution for their own work and developed Hextend (or something similar to it). I believe that the subsequent development of Hextend was merely the offshoot of Biotime's research into solving a cryomedical problem and this lends support to those of us who a.) believe that it is a better product and b.) do not believe as Bill Wexler does, that Biotime is a stock scam. BTW, Bill (I guess you search all text for your name to see what kind of broad impact your wisdom has on the markets), I still see no insiders selling - in fact, they are buying. This fact befuddles your claim of 'pump and dump' fraud. The stock surely did pump but the dump by insiders never happened.

I know that this is extremely corollary information but one would wonder why Biotime would not use hespan for their own work if it were as good as Hextend.

Jim
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