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Strategies & Market Trends : Three Amigos Stock Thread

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To: Amigo Mike who wrote (10223)11/12/1998 6:48:00 PM
From: LTK007  Read Replies (1) of 29382
 
Mike,Babb's thread say they so far havn't found shortable shares for AVCO--but are still looking.
And NOW a correction from me--GZTC did NOT clone the cows BUT their
private company partner did--here is one press release that reveals
the relationship with Advanced Cellular Technolgy

"Using Cloned Transgenic Cattle
Date: October 7, 1997
Genzyme Transgenics Corporation (Nasdaq:GZTC) and Advanced Cell Technology, Inc., Worcester, Mass.,
today announced that they have reached an agreement to produce human therapeutic proteins in the milk of
cloned transgenic cattle. The collaboration, worth at least $10 million, combines Genzyme Transgenics' capabilities in
expressing human proteins in the milk of transgenic animals with Advanced Cell Technology's proprietary techniques for
producing cloned bovine embryos. Advanced Cell Technology has filed for extensive patent rights related to its technology
which includes novel methods for culturing types of bovine fetal fibroblast cells – a type of cell found in
connective tissue. Several of its cows are currently pregnant with cloned transgenic calves. "
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