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Biotech / Medical : VITX - new IPO with room to grow -- Ignore unavailable to you. Want to Upgrade?


To: Preston Lurie who wrote (32)2/4/2001 7:30:21 PM
From: Matrix_Man  Respond to of 37
 
Yes, I still like it. I know they are working on setting up phase three trials. Their competition (CERS) is quite far behind where they seem to be, although they are valued considerably higher - I think because of their partnership with Baxter.

The real risk lies in whether or not they can actually bring their product to market in any sizable way once they are FDA approved. They also have partnerships in place which should help. At least I am betting that they will pull it off.

What I really like about this company is their technology for removing the blood group antigens, so essentially every unit is a universal donor unit. The greatest risk of blood transfusion is clerical errors and lab errors. This will essentially eliminate that problem.