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mchugh01 - Thu, 21 Dec 06 :

I have just received a reply from PL to some questions I put to him. One of these related to Toxicity tests and gmp. I'm sure PL would not mind me copying this part of the reply as it will/may stem the the tide of e-mails and telephone calls to Regen on this subject.

I said that in my view tox.tests and gmp were a real concern with regard to share price.

His reply was as follows :

There is no problem with toxicity. You know enough about the business
to know that you have to finish one set before you do another set and given
the associated costs we did not start these until we had a partner
definitely on board. Everything to date has been fine and we anticipate no
problems.

On another point, I wish you all the very best for christmas and the new year.


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