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Biotech / Medical : macrochem

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To: alf who wrote ()2/28/1999 10:14:00 PM
From: alf  Read Replies (2) of 10
 
this stock (MCHM) jumped the past several days some 20% on big volume. For those who don't know, it has pending (alleged) some heavyweight deal(s) with some heavy drug company(ies) with reference to its new pattened gel, Topiglan, which proports to transfer any solubilized agent within it through the skin into adjacent deep tissue and blood. Naturally, the agent it claims to have very good results with is alprostadil, the active agent of Viagra--smear a little cream on and get prompt results; maybe the lady alsogets a boost from any residual cream. Further, it is working on cream + ibuprofen to rub onto joints. All of this is reminescent of DMSO which came and went for people but which is still used by the veterinarians. Stock used to be 13, then bad news and went to 3, and in the past week from 8 to ll and now 10 on big volume increase. If someone out there knows something, please let me in on it. Thanks
alf96
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