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Biotech / Medical : UNIVEC Inc. (UNVCE-Nasdaq)
UNVC 0.00310+3.3%3:34 PM EST
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To: Bill Brown who wrote (2)5/18/1999 10:34:00 PM
From: Bill Brown   of 5
 
From a prior press release:

"FARMINGDALE, N.Y.--(BUSINESS WIRE)--March 2, 1999--UNIVEC, Inc. (NASDAQ: UNVC - news) has announced that it has entered into a definitive agreement with Dispomedic 1997 Ltd., an Israeli manufacturer of hypodermic syringes. Under the agreement, UNIVEC will transfer its patented technology, used in the manufacture of auto-destruct non-reusable syringes to Dispomedic. In return, UNIVEC will receive royalty payments on all sales generated by Dispomedic to its own international customers and simultaneously broaden UNIVEC's production capabilities."

Here's some information on Dispomedic

untpdc.org

Bill
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