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Coleman & Company Securities, Inc. Announces Investment Opinion on Generex Biotechnology Corp.


NEW YORK--(BUSINESS WIRE)--Oct. 13, 1999--

Coleman & Company Initiates Coverage with a

Speculative BUY for Generex Biotechnology Corp. (GNBT)

Coleman & Company Securities, Inc., the New York-based investment banking and brokerage firm, has initiated coverage on Generex Biotechnology Corp. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB: GNBT) with a "Speculative BUY" recommendation. In a report dated October 13, 1999 by analyst Christopher Moore Christopher Moore may refer to:
  • Christopher Moore (DJ) (born 1941), British/American radio broadcaster
  • Christopher Moore (author) (born 1957), American author
  • Christopher John Moore (born 1970), English musician and painter
  • Christopher Scott Moore
, Coleman recommends the purchase of Generex's common stock for risk oriented o·ri·ent  
n.
1. Orient The countries of Asia, especially of eastern Asia.

2.
a. The luster characteristic of a pearl of high quality.

b. A pearl having exceptional luster.

3.
 investors.

Generex has developed a proprietary drug delivery platform for the oral administration of large molecule drugs. Its initial focus is the oral delivery of insulin using its proprietary insulin formulation ORALGEN(TM) for the treatment of diabetes. Initial Phase II results have shown that ORALGEN(TM) provides comparable clinical efficacy to injected in·ject·ed
adj.
1. Of or relating to a substance introduced into the body.

2. Of or relating to a blood vessel that is visibly distended with blood.



injected

1. introduced by injection.

2. congested.
 insulin.
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Publication:Business Wire
Geographic Code:1USA
Date:Oct 13, 1999
Words:123
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