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Replies to #30005 on Biotech Values

DewDiligence

09/01/06 9:49 AM

#33479 RE: DewDiligence #30005

LOL, RHEO will now be OCCX.
I will have to update my profile.

http://biz.yahoo.com/iw/060901/0159324.html

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OccuLogix Announces Stock Ticker Symbol Changes

Friday September 1, 8:50 am ET

TORONTO, ONTARIO--(MARKET WIRE)--Sep 1, 2006 -- OccuLogix, Inc. (RHEO )(TSX:RHE.TO )(NASDAQ: OCCX )(TSX :OC.TO) announced that, in connection with the imminent completion of the Company's acquisition of SOLX, Inc., its stock ticker symbols will change to 'OCCX' on the NASDAQ Global Market and to 'OC' on the Toronto Stock Exchange, effective at the open of trading today, September 1, 2006.

Elias Vamvakas, OccuLogix's Chairman and CEO, commented, "While we remain committed to successfully bringing our RHEO(TM) System for the treatment of Dry AMD to market, we are also very excited about the expansion of our focus to include the treatment of other age-related eye diseases like glaucoma via our pending acquisition of SOLX. We believe that these new stock ticker symbols are more inclusive and will better reflect the Company's diversified position." [Might the change have something to do with the fact that the RHEO™ rheopheresis system does not work? (Rhetorical question.)]

About OccuLogix, Inc.

OccuLogix is a health care company that brings innovative and evidenced-based medical therapies to life. Visit us on the internet at www.occulogix.com (corporate). Additional information on the Company's RHEO(TM) procedure to treat Dry AMD can be found at www.rheo.com.
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