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Biotech / Medical : Procept (PRCT): 50% rise on high volume. Why? -- Ignore unavailable to you. Want to Upgrade?


To: Douglas who wrote (443)8/15/1999 3:10:00 PM
From: Douglas  Respond to of 455
 
Insider Buying (Good news & very small float!)

08/12/1999
Federal Filings Newswires
FFBN SOURCE: FORM4
ISSUER: PROCEPT INC.
SYMBOL: PRCT

FILER: ARIES DOMESTIC FUND LP
TITLE: Beneficial Owner
TRANSACTION: Purchase 3,451 07/06/1999-07/23/1999 1.46-1.75
OWNERSHIP: 3,090,492

FILER: ARIES MASTER FUND
TITLE: Beneficial Owner
TRANSACTION: Purchase 5,162 07/23/1999 1.46
OWNERSHIP: 6,137,612



To: Douglas who wrote (443)8/15/1999 3:12:00 PM
From: Douglas  Read Replies (1) | Respond to of 455
 
From 2nd Quarter Announcement:

``We are making substantial progress in implementing Procept's clinical development strategy,' said John F. Dee, President and Chief Executive Officer of Procept, Inc. ``The initiation of additional clinical trials for PRO 2000 Gel and O6-Benzylguanine is imminent. With the current government support and funding, the Company should continue to advance its clinical development and improve the potential for securing corporate partnerships.'