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Biotech / Medical : PRCY - ANY BODY HAS ANY NEWS ON THESE -- Ignore unavailable to you. Want to Upgrade?


To: Coha who wrote (388)7/7/1998 8:40:00 AM
From: Douglas  Read Replies (1) | Respond to of 670
 
Wound Care Maturing Into the Fastest-Growing Biotechnology Sector,
Analyst Says

LOS ANGELES--(BW HealthWire)--July 7, 1998--Wound care has become ''a major target of biotechnology companies,''
according to an analyst covering this sector.

The entire wound care biotechnology sector has been broken down, described and rated in a newly released research report.

Alexander K. Arrow, vice president, research at Wedbush Morgan Securities in Los Angeles, has issued a report describing
companies competing in each of 11 different sub-sectors of the wound care market.

The markets include the diabetic foot ulcer market, the severe burn market, the emergency room wound-closing glue market
and eight others. According to the report, each one is serving as a battleground for companies developing competing wound
care products

From the rivalry between Organogenesis Inc. [AMEX:ORG - news] and Ortec International over artificial skin for venous
ulcers, to the battle between Closure Medical Corp. [Nasdaq:CLSR - news] and MedLogic Global Corp. over wound closure
glues, the report analyzes the relative strengths and weaknesses of each wound care company.

The report then goes on to rank each company's position in its market according to three parameters: the strength of its
product, the stage of its development and the effectiveness of its distribution system. The report also offers investment
recommendations on four companies on the Wedbush Morgan wound care research list.

Arrow's report highlights and compares a total of 36 companies (28 public and eight private) in this industry segment. The
public wound care companies included are:

Advanced Tissue Sciences (ATIS), BioSpecifics Corp. (BSTC), Carrington Laboratories (CARN), Chiron Corp.
(Nasdaq:CHIR - news), Closure Medical Corp. (CLSR), Cryolife (CRY), Curative Health Services (CURE), Cypros
Pharmaceuticals (CYP) and Datascope Corp. (Nasdaq:DSCP - news).

Also, Derma Sciences (DSCI), Focal (FOCL), Fusion Medical Technologies (FSON), Genzyme Tissue Repair (GENZL),
Gliatech (GLIA), Human Genome Sciences (HGSI), Integra LifeSciences (IART), Johnson & Johnson (JNJ), Kensey Nash
(KNSY), Life Medical Sciences (CHAI), LifeCell Corp. (LIFC).

Also, Lifecore Biomedical (LCBM), Magainin Pharmaceuticals (MAGN), Organogenesis (ORG), Ortec International
(ORTC), Perclose (PERC), ProCyte Corp. (Nasdaq:PRCY - news), Protein Polymer Technologies (PPTI) and
Thermogenesis (KOOL).

Larger companies with collaborations in wound care detailed in the report include:

Baxter Healthcare (BAX), Bristol-Myers Squibb (BMS), Johnson & Johnson (JNJ), Novartis (NVTSY), Tyco International
(TYC) and 3M Corp. (MMM).

NOTE TO EDITORS: To find out about receiving a copy of the report, contact a Wedbush Morgan sales representative. Dr.
Arrow's office is 213/688-4521.