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Biotech / Medical : Matritech (NASDAQ - NMPS)

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To: R Sandvig who wrote (708)11/19/1998 9:31:00 PM
From: eugenic1  Read Replies (1) of 849
 
With only 5.6 million in cash as of 9-30-1998, the announcement today should give a bit of relief to the cash concerns. The three big labs utilizing the nmp22 should provide a boost. The cervical, breast, colon, and prostate cancer product R&D can move forward at full bore. Insiders purchased a few shares back in Sept, and the light at the end of the tunnel is visible again.
biz.yahoo.com
The sales in Japan should pick up going forward, as the nmp22 is continuing to gain acceptance as the standard.
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