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


To: Hyrulean King who wrote (1815)6/25/1998 6:28:00 PM
From: george willse  Read Replies (3) | Respond to of 5402
 
Chief -

Thanks! Has a time line been established? The way I see it, if it is successfully used in other countries we receive 3-4 benefits, as long as SGNC retains control of the product:

1. Revenues that add to the bottom line ( although $300/pint may be high for 2nd/3rd world counties)

2. #1 results in a viable eps value

3. Success will draw in backers or buyers, either of which will help speed the introduction into the states

4. The FDA has a policy of speeding up approval if certain criteria are met. SGNC could qualify under this circumstance and get to the US market quickly.

Cheers,

George

PS. All this presumes that an immediate buy out is not currently in the works.

One other question, what is the reporting status of SGNC?