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Biotech / Medical : Vion (formerly Oncorx) interesting play on Gene Therapy

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To: Jim Oravetz who wrote (137)4/19/1999 12:29:00 PM
From: Jim Oravetz  Read Replies (2) of 370
 
Vion Announces Encore Access of Conference Call from 4/16-21. To listen to Encore, participants should call (800) 642-1687 or locally (706) 645-9291 and enter conference id #162550.

Takes 25-30 min. or so. Some interesting info, 3-4 post CC questions asked.

Company is still aggressively looking for an additional $12-15M to continue product development and trials. 15M shares out/ 26M fully diluted via options, warrants etc. Class A - 25% still outstanding(1.2M). Class B - only 60% retired. Both have redemption calls if price rises
A: $7.xx B: $9.xx >30 days.

Earlist TAPET NDA -- end of 2002 (if all testing goes as planned, of course). Trials may start this summer with tox. results mostly from skin and breast cancer patients, where access/visibility is easier.

Plan on concentrating on product development rather than sales and marketing.

Jim
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