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To: Bucky Katt who wrote (16738)12/28/2003 5:49:39 PM
From: D_I_R_T  Read Replies (3) | Respond to of 48461
 
PTN might be worth watching. At the lower end of 52 week range, 1.20 -5.89 - presently 2.54, but potential to significantly move up. Picked this up while watching Discovery Channel.

Palatin Technologies, Inc. is a development-stage biopharmaceutical company primarily focused on developing melanocortin (MC)-based therapeutics. The MC family of receptors has been identified with a variety of conditions and diseases, including sexual dysfunction, obesity, anorexia, cachexia, inflammation and drug abuse. PT-141 is Palatin's lead therapeutic drug candidate, and is in clinical development for the treatment of both male and female sexual dysfunction. LeuTech is the Company's proprietary radiolabled monoclonal antibody for imaging and diagnosing infections. In addition, the Company has several preclinical drug candidates under investigation for various therapeutic indications, including sexual dysfunction, obesity, cachexia and inflammation utilizing its patented drug discovery platform.

I'd be interested in the views of others on the board.



To: Bucky Katt who wrote (16738)12/29/2003 8:25:05 AM
From: Findit  Read Replies (2) | Respond to of 48461
 
William is it you wife that is in TRIB? News today of Hiv test FDA approval has it rocketing in PM. Congrats. BTW I added to my position a week or two ago at 3. Let er rip. It a has been a 6 year wait for some longs. Now its time for Bio Turd. Jim



To: Bucky Katt who wrote (16738)12/31/2003 2:41:54 PM
From: Bucky Katt  Respond to of 48461
 
Banning Sale of 'Downer' Meat Represents a Change in Policy
Identical Measure Was Blocked in Congress Just Weeks Ago
By Eric Pianin and Guy Gugliotta
Washington Post Staff Writers
Wednesday, December 31, 2003; Page A06

Looks like they took my advice from 28 Dec.

The Agriculture Department's announcement yesterday of a ban on the sale of meat from ailing "downer" cattle marked a policy turnabout for the Bush administration, coming only a few weeks after the department and allies in the powerful meat lobby blocked an identical measure in Congress.



Faced with the first case of mad cow disease in this country, the White House and the USDA were scrambling to restore public confidence in the nation's meat supply, encourage foreign governments to resume beef imports and head off a possible political crisis for President Bush.

The ban announced by Agriculture Secretary Ann M. Veneman was the answer, and it represented a repudiation of years of industry efforts to limit government intervention in slaughterhouse operations and in shaping the nation's response to the threat of mad cow disease.

"We're going to support the actions of the secretary," said a subdued Chandler Keys, vice president of government affairs of the National Cattlemen's Beef Association, acknowledging that producers had not anticipated such a broad government response. "We're going to have to manage through it as an industry. We think the industry will rise to the challenge."

For years, the politically potent and well-financed cattle and meatpacking industries have held sway in the debate over the practice of slaughtering and marketing non-ambulatory, or downer, cattle. They repeatedly blocked efforts by urban Democrats and a handful of moderate Republicans to end the practice -- which provides producers with millions of dollars of profits each year but also represents the biggest potential source of contaminated meat.

An estimated 190,000 sick or injured cattle are shipped to slaughterhouses annually, and only about 5 percent of them are tested for serious illness such as mad cow disease. Just last month, Republican congressional leaders deleted from a pending spending bill a measure banning the slaughter of downer cattle.

Rep. Gary L. Ackerman (D-N.Y.), a longtime advocate of legislation to ban the slaughter of sick or injured cattle, said the industry has
"shot themselves in the hoof" by resisting a necessary safeguard to the food system. With the industry now facing a crisis of consumer confidence and the temporary loss of European and Asian markets, he said, the Agriculture Department "has seen the light, but that's only because they've been struck by lightning."

washingtonpost.com