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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: Vector1 who wrote (8226)9/14/2000 1:44:06 PM
From: satish kamat  Read Replies (1) | Respond to of 9719
 
Wondering if you have looked at SCLN?

Here is a company which have relatively little or no debt, actual product revenues from a product that is in multiple phase II and III trials for other indications and already in use in ~20 countries other than USA.
Some say it is dubious drug.

Would welcome opinion on this company.

satish kamat

biz.yahoo.com

SciClone is a global biopharmaceutical company that acquires, develops and commercializes specialist-oriented drugs for treating chronic and life-threatening diseases. For the six months ended 6/00, revenues increased 98% to $7.7 million. Net loss decreased 65% to $1.5 million. Results reflect increased sales of ZADAXIN due to greater distribution in China. Lower loss reflects decreased clinical trials expense, consulting fees and payroll expense