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Biotech / Medical : SANGUINE CORP. (SGNC) -- Ignore unavailable to you. Want to Upgrade?


To: macker who wrote (254)6/12/1998 9:09:00 AM
From: Gwolf  Read Replies (2) | Respond to of 5402
 
Was Mr. Forthright actually Darth Vader in another life ?

Gwolf



To: macker who wrote (254)6/12/1998 9:30:00 AM
From: drdan  Read Replies (2) | Respond to of 5402
 
well, if somategen got bought out at that price for a hemoglobin based produc, and i this product truly has the stated advantages over uch products, then this compaywill do very nicely.....



To: macker who wrote (254)6/12/1998 11:16:00 AM
From: Andrew H  Read Replies (1) | Respond to of 5402
 
>> for phase 1 you are correct, smtg never got to phase 1 and got bought out at 9<<

LOL, macker do your homework, who ever told you SMTG never got to P1. Stop spreading such disinformation!!!! Shame on you!!!!



To: macker who wrote (254)6/12/1998 11:47:00 AM
From: Andrew H  Read Replies (3) | Respond to of 5402
 

This is the disinformation, macker, you say they never got to phase 1 Not only did they get to P1, they got through it and into P2. See the statement below from the 10K!!!

>>for phase 1 you are correct, smtg never got to phase 1 and got bought out at 9 a share but was more fairly valued at 15, the lesser price was because the management was given shares of baxter to compensate<<

In July 1996, Somatogen
commenced an expanded Phase II trial in elective surgical patients in order to
gather additional safety information as well as more comprehensive
efficacy/activity information. The Phase II trial in the elective general
surgical setting was discontinued after the termination of Somatogen's strategic
alliance with Lilly. In April 1997, a Phase II trial was initiated by Somatogen
to explore safety and preliminary efficacy in enhanced ANH in cardiac surgery.
If the Phase II trial is successfully completed, the Company plans to undertake
Phase III trials to establish safety and efficacy in a larger population of
surgical patients to provide the basis for the filing of a Biologics License
Application with the FDA.