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Coleman and Company Announces Investment Opinion on Generex Biotechnology Corp.


Business Editors

NOTE TO EDITORS: The following is an investment opinion issued

by Coleman and Company Securities, Inc.:

NEW YORK--(BUSINESS WIRE)--April 26, 2000

Generex Biotechnology Corp. (GNBT): Coleman and Co. Reiterates Speculative BUY

Coleman and Company Securities, Inc., the New York-based investment banking and brokerage firm, has reiterated its "Speculative Buy" recommendation on Generex Biotechnology Corp. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB: GNBT). In a report dated April 25, 2000 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 for the treatment of diabetes. Initial Phase II results have shown that ORALGEN 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. Generex expects that Phase III Noun 1. phase III - a large clinical trial of a treatment or drug that in phase I and phase II has been shown to be efficacious with tolerable side effects; after successful conclusion of these clinical trials it will receive formal approval from the FDA  trials will begin in Canada by Q3 2000.
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Publication:Business Wire
Date:Apr 26, 2000
Words:148
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