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Biotech / Medical : BioSepra (BSEP) -- Biotech Supplier Play -- Ignore unavailable to you. Want to Upgrade?


To: SKARLOEY who wrote (18)1/5/1999 6:07:00 PM
From: Ed Ajootian  Read Replies (1) | Respond to of 20
 
Response to Bruce M., who posted the following on the SEPR thread:

Ed,

Biosepra is still out there: biz.yahoo.com

Did you ever buy them for your Sepracor Spinoff Fund? From this PR it sounds like they are changing strategy somewhat, expanding from process technology into therapeutics. With those Sepracor brains pulsing in the background, you can't write them off yet.

Sepracor still guarantees their $3 million line of credit.
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I was into BSEP fairly big last Spring but have since moved on other than a token position. I still follow them a bit. Would be interesting to see the financial terms for this latest acquisition and how they will come up with the money.