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To: Zeddie88 who wrote (93499)	9/3/1999 12:13:00 PM
From: Nietzsche	Read Replies (3) \| Respond to of 119973

Hemagen Soars After FDA Approves Tests for Blood Clot Disease Waltham, Massachusetts, Sept. 3 (Bloomberg) -- Hemagen Diagnostic Inc. shares more than doubled after the company announced that the U.S. Food and Drug Administration approved three of its kits designed to diagnose a rare autoimmune disease. Shares in the company rose 1 1/32 to 2 1/32 in midday trading, earlier rising as high as 2 7/8. The stock had the second-largest percentage gain on U.S. markets on trading of 3.6 million shares, more than 150 times the three-month daily average. The three immunoassay kits are designed to help doctors spot a problem called antiphospholipid syndrome, characterized by the formation of blood clots. The disease strikes women disproportionately and can results in the loss of the fetus in pregnant women. Hemagen, based in Waltham, Massachusetts, has more than 15 product on the market to diagnose autoimmune diseases ranging from lupus to rheumatoid arthritis. Sep/03/1999 11:59 For more stories from Bloomberg News, click here. (C) Copyright 1999 Bloomberg L.P. Any redistribution of Bloomberg content, including by framing or similar means, is expressly prohibited without the prior written consent of Bloomberg L.P. Any reference to the material must be properly attributed to Bloomberg News. The information herein was obtained from sources which Bloomberg L.P. and its suppliers believe reliable, but they do not guarantee its accuracy. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any securities or commodities.(C) Copyright 1999 Bloomberg L.P. BLOOMBERG, Bloomberg News, Bloomberg Financial Markets, Bloomberg Television, Bloomberg News Radio are trademarks, tradenames and service marks of Bloomberg L.P.