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Biotech / Medical : A Biotech Bonanza!
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To: LLCF who wrote (61)8/17/1998 7:53:00 PM
From: Sonny Both  Read Replies (1) of 64
 
Check out Biotech Holdings Ltd (BIO Calgary exch.)has an operating division that is projecting $9Million next fiscal year (1.5 last quarter) with $3 m + profit expected.
Meanwhile they have one of the best drugs on the market for type II diabetes (in China-not FDA approved) but supposedly soon to be on the market in Brazil.
Deutch Morgan Grenfell (UK) did an extensive report recently on diabetes worldwide and they think BIO should have revenue of about $200 million by 2002 with their diabetes drug.
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