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LCAR is engaged in research, testing, & development of medications for the control & cure of various diseases and the licencing of its technologies by other companies. LCAR has discovered & is primarily investigating Catrix(R). For the 6 mos. ended 11/99, revenues rose from $3K to $117K, Net loss fell 24% to $183K. Results reflect a license fee earned due to the Co.'s agreement with ICN IBERICA, S.A., partially offset by higher administrative & office expenses. | ||||||||||||||
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