Alcide Corp. announces plan to purchase additional common stock of the company.REDMOND, Wash.--(BUSINESS WIRE)--Jan. 23, 1997--Alcide Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ALCD ALCD Association of Law Costs Draftsmen ALCD Analogue Libraries on Low-Cost CMOS Digital Process (ESPRIT Project 8030) ) today announced that its board of directors has authorized the company to utilize an additional $1,000,000 of the company's cash reserves Cash reserves See: Cash investments cash reserves Investment funds that are held in short-term assets such as Treasury bills and certificates of deposit until more permanent investment opportunities are available. to purchase common stock of the company. Alcide Corp. develops and markets infection control products having unique biocidal bi·o·cid·al adj. Of or relating to an agent that is destructive to living organisms. biocidal (bī´ōsī´d characteristics based on the company's patented technology. Alcide currently sells anti-infective products to the animal health market and disinfecting products to the medical industries. CONTACT: Alcide Corp. John Richards, 206/882-2555 |
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