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To: Larry S. who wrote (19599)3/17/1999 2:24:00 PM
From: DanZ  Read Replies (1) | Respond to of 53068
 
GUMM.

To those who are following GUMM, you might be interested in news from Watson Pharmaceuticals today that says they received approval for an ANDA from the FDA to make a nicotine cessation gum. Watson's gum will compete with Smith Kline Beechum's Nicorette gum.

www1.newsalert.com

Rumors have been circulating that Gumtech will manufacture the gum for Watson. While I can't confirm it at this time, I believe this rumor to be true. If it is, it would be very positive for Gumtech as the size of the smoking cessation market is very large and Watson would distribute the product in the US and internationally.

GUMM has been well bid today and has positive money flow. It looks as if the market expects GUMM to make this product for Watson.

I'll pass on more specifics as I get them.

Dan