Kopp Investment buys 210,000 shares of Neose Technologies

By Lisa Kerner

Charlotte, N.C., Aug. 15 - A group of Neose Technologies, Inc. investors led by Kopp Investment Advisors, LLC purchased 210,000 shares, increasing its stake in the company to 6.37% from 5.32% on May. 2.

As a result, the investors now beneficially own 3,471,129 shares of the Horsham, Pa., therapeutic proteins development company.

The shares were acquired between June 13 and Aug. 4 priced from $0.37 to $0.65 per share, according to a schedule 13D filing with the Securities and Exchange Commission.

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