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Biotech / Medical : Antex Biologics (ANTX) -- Ignore unavailable to you. Want to Upgrade?


To: RIP who wrote (1097)1/9/1999 2:17:00 PM
From: John R Resseger  Read Replies (1) | Respond to of 1476
 
Thanks Rip

Was there any mention of Animal Diagnostics or vaccines?




To: RIP who wrote (1097)1/9/1999 6:57:00 PM
From: lostmymoney  Read Replies (1) | Respond to of 1476
 
RIP,

Are you saying that the trial is late, taking longer than expected, or is there some news?

Thank You
Mike



To: RIP who wrote (1097)1/12/1999 9:14:00 AM
From: John R Resseger  Read Replies (1) | Respond to of 1476
 
Rip

This statement is from the most recent 10q

The Company is currently concluding negotiations regarding an extension of its facility lease and an expansion of its existing space. Estimated construction costs and equipment acquisitions related to the expansion and renovation have been budgeted at up to $4,000,000. Anticipated financing from the landlord is expected to fund approximately forty percent of this estimate. The Company is currently in discussions with various lenders to secure debt financing for the balance. To the extent that the Company is unsuccessful in obtaining the additional financing required, the resulting shortfall may be financed utilizing the current assets of the Company, may result in a reduction of the Company's expansion and renovation budget, or may be resolved by a combination of these two alternatives.

Did Vic give any inclination as to what they need more space and equipment for? I thought they just got done expanding!

Is the Navy doing the tests on both vaccines, Campy and Pylori ?

JRR