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Biotech / Medical : Zonagen (zona) - good buy? -- Ignore unavailable to you. Want to Upgrade?


To: Dauntless who wrote (5032)8/1/1998 4:53:00 PM
From: Bill Wexler  Read Replies (3) | Respond to of 7041
 
Zonagen management - thieves and hype artists

When Zonagen management can't buy patents cheaply, they resort to theft in order to hype the stock price. Zonagen tried to patent an existing compound known as Chitosan and then failed to mention the rejection in their SEC filings. Don't be misled by the recent "news" of a "patent allowance" for their Immumax "system". This is another attempt to spin a worthless patent and mislead investors that Zonagen has something new, when in fact they haven't acquired any protection for any commercially viable product. Note that Zonagen has done this in the past with the Vasomax Patents - which were purchased for a song.

TXB and ZONA were frauds that were spun out of Baylor College of Medicine. Zonagen started out as a company that was trying to develop Zona-pellucida based vaccines for the sterilization of animals. Unfortunately, since Zonagen has no R&D infrastructure, they were forced to steal research from a BCM scientist, Dr. Bonita Dunbar.

Zonagen has never come up with an original idea, and has never generated an original patent. Everything about Zonagen is a facade that was either purchased, or stolen outright.

Zonagen's price continues to collapse - and I continue to be 100% correct about the Zonagen fraud.