MGI Pharma MOGN New patents, anti cancer Message Board

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Biotech / Medical : MGI Pharma MOGN New patents, anti cancer

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To: Icebrg who wrote (1801)	11/16/2007 1:25:42 AM
From: Icebrg	Read Replies (2) of 1826

MGI Pharma "neutral" Monday, November 12, 2007 10:42:32 AM ET Robert W. Baird NEW YORK, November 12 (newratings.com) - Analyst Christopher J Raymond of Robert W Baird reiterates his "neutral" rating on MGI Pharma Inc (MOGN.NAS). The target price is set to $30. In a research note published this morning, the analyst mentions that the data on two Phase II Dacogen trials would be released at ASH. Vidaza's Survival Study has indicated a survival benefit in patients suffering from high-risk MDS, the analyst says. Although Dacogen's commercial progress so far has been quite good, there is concern that the momentum might shift towards Vidaza, Robert W Baird adds.

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