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Biotech / Medical : Biotime-Nasdaq's best kept secret?
BTIM 0.00010000.0%Nov 7 9:30 AM EST

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To: William Nguyen who wrote ()10/8/1998 5:25:00 PM
From: mesaone  Read Replies (1) of 1432
 
I was on the abbott conference call today. at the end a broker asked abt about biotime. He asked them to comment on the market size for Hextend. This was their reply:

It's hard for us to say at this time. It depends upon the indications. It could be 40 or 50 million to $300 to $400 million. It's difficult for us to make any predictions at this time until we see what the label looks like. We think that this could be a nice modest contributor for us.

the broker then asked if the fda's warning against using albumin would affect hextend's revenues, and abt said (quite positively) "It certainly helps"
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