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Biotech / Medical : Neurobiological Tech (NTII) -- Ignore unavailable to you. Want to Upgrade?


To: Urlman who wrote (361)10/19/1998 10:02:00 AM
From: Apache Indian  Read Replies (1) | Respond to of 1494
 
Only significant thing I saw in the report

Nov 1998 - expect to start Phase IIB of memantine
(neurpathic? pain? I'm not good with terms)
Jan 1999 - expect to complet this trial

Need 2.5 million to conduct this test
company has only around $1.8-2 mil.
Need to raise more cash.

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I believe if they manage to raise this money (and I believe they will) this could be the last chance to grab NTII below a buck.

cause that would then lead them to completing their Phase IIB,
strongly feel it should be positive,
also should find a marketing partner after that

All in all, the next news on financing should take us out of the
woods forever, (of course now if PhaseII B were unsucc. it would be ovver)