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Biotech / Medical : Transcend Therapeutics (TSND) -- Ignore unavailable to you. Want to Upgrade?


To: scaram(o)uche who wrote (3)3/11/1998 11:25:00 PM
From: John Metcalf  Read Replies (2) | Respond to of 25
 
I know better than to chase a one-product biotech, BUT --

the ARDS Ph III trial will be done this year
they have $16.8mm -- enough for six quarters at current burn
Nestle, Baxter, and Boehringer Ingleheim own shares
BI will market and sell Procysteine, if they get approval

A successful Ph III will make the company worth far more than $40mm.

Thanks, Rick



To: scaram(o)uche who wrote (3)3/12/1998 1:20:00 AM
From: scaram(o)uche  Read Replies (1) | Respond to of 25
 
Insiders own about 87% (eom)