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Non-Tech : NIFTY NINE IN NINETY NINE PLUS ONE

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To: Arthur Radley who wrote (128)1/14/1999 2:39:00 PM
From: Steve Lokness  Read Replies (1) of 613
 
TexasDude;
The money crunch with the biotechs is real and one of the things I looked at when making my choices. It is also a good reason to look at ABSC.

I do not believe that ABSC has anything in trials now or is expected to soon. I believe that ABSC is trying to get themselves in a position that they do not have to depend on drug development for ongoing operations, but rather have the revenue coming from the sale of their systems for this. They will sell several of their machines to drug developers and of course have their own. The libraries of compounds probably depends on the agreement with their customers and I would think differs, maybe depending on prioritized targets.

Again from Vector1 who seems to have seen the presentation by ABSC;
Message 7276270

Good Investing;
Steve
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