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Biotech / Medical : Matritech (NASDAQ - NMPS) -- Ignore unavailable to you. Want to Upgrade?


To: John McCarthy who wrote (559)2/13/1998 2:40:00 PM
From: Mark C. Hurley  Read Replies (2) | Respond to of 849
 
Hi Bill,

I am new to this site, but not new to Matritech. I read through these folders and there was pretty good information in here. I agree with John that the colorectal cancer product that is in Phase I of FDA clinical trials (4 months now) is the big money maker for this stock. But noone should cross off the NMP22 test kit. It is still the best prostate cancer screening test around, and it's the foundation for a group of marketable products. The only problem is that so far the marketing for Matritech stinks. Another product may change that.
I read posts from a while ago with concern over Bayer backing out on Matritech's colorectal test. Quite frankly, I hope they do. The product is good enough to attract other pharmaceutical companies. Don't forget that Bayer has made a large contribution in money to Matritech. If they back out, Matritech keeps the money and the product. That's a win-win situation.
It may be easier to sell the colorectal product with the NMP22 test kit already on the market. It may even help it NMP22 sales.