Biotech / Medical : IGEN International


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To: James Perry who wrote (437)9/18/1998 12:44:00 AM
From: John Zwiener of 1025
 
James, regarding the press release on new test,
This may well bring attention to the potential of Igen in drug discovery. I need more details, but this is the area where I think Igen has the biggest potential and advantage. The ability to measure the effects of the thousands of new compounds, and growing exponentially, on the basic cellular biology is what Igen is made for. I don't think this has been considered yet by the analysts who seem to have trouble understanding this company's potential.
I doubt this news will have an immediate impact on price, but to me, it is what I have been waiting for, if details confirm initial impressions. Igen may end up in the middle of the biggest revolution in pharmacueticals and medicine . And Igen now says they want to discover their own compounds, and I bet they have some potentials in mind. Worth waiting to see what happens over the next couple of years .
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