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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: Jim Roof who wrote (1153)10/28/1998 8:51:00 AM
From: Todd N. Weisrock  Read Replies (1) of 1432
 
BIOTIME late Monday rebutted allegations that it had made false
statements about how fast regulators would review the status of
the biotech firm's blood substitute product Hextend. The company,
responding to allegations from short-seller Asensio & Co. that it
had mislead investors into believing Hextend was being given a
priority review by the FDA, said it had never told investors the
product was being given an expedited review. Biotime President
Ronald Barkin said he expected regulators to complete their review
of Hextend in six to 18 months from its April 1 filing of a new
drug application. (Reuters 07:26 PM ET 10/26/98) For the full text
story, see
infobeat.com
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