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Biotech / Medical : Synthetic Blood (SYBD)

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To: del clark who wrote (261)2/16/1999 3:45:00 PM
From: Micro-Selector  Read Replies (1) of 307
 
IMO, this is critical turnaround point for SYBD.

All three products will soon be patented in U.S. and scheduled to be researched in clinical trials during 1999. This is when most "developmental stage" biotechs listed on NASDAQ move to the $5 to $10 level. Once Phase I and Phase II clinical trials underway, they often trade in $20 to $30 range (check CLTR for example of this).

If receive patent for glucose biosensor and begin clinical trials, SYBD could soon be trading near $1 and higher. A recent example of this is CELN which traded around $0.25 and moved quickly to $2 upon announcement of U.S. patents and definitive plans for clinical trials.

Why is there no thread for SYBD in the under-$5.00 category?

Regards,
Micro
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