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To: Fitz who wrote (20699)5/22/1998 10:02:00 AM
From: Leman  Respond to of 34592
 
HYALF patents 5674857
Use of hyaluronic acid to repair ischemia reperfusion damage
80%

5639738
Treatment of basal cell carcinoma and actinic keratosis employing hyaluronic acid and
NSAIDs
80%

5614506
Use of hyaluronic acid and forms to prevent arterial restenosis
80%

5079236
Pure, sterile, pyrogen-free hyaluronic acid formulations their methods of preparation and
methods of
use
80%

5077296
Method for treating equine navicular disease with pentoxifylline, and composition
containing
pentoxifylline for administrating to horses
80%

5039521
Immune cell proliferation inhibitors

From the recent quarterly...... "31,703,780 common shares and US$4.9 million in
debentures outstanding at April 17, 1998 and cash of $9.4 million (US $6.6 million) at
March 31, 1998". I don't see anything scary there, but they will need funding ('97 burn
was C$19 million) soon.

Eva Turley, their V.P. R&D, is a very respected scientist.