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Biotech / Medical : Biotech & Pharma.T.A,

BIB 82.74

-1.3%

Dec 26 4:00 PM EST

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To: Jibacoa who wrote (2187)	1/22/2008 3:19:36 PM
From: Jibacoa	of 3722

HOLX volume is still below its ADV.The stock is down 1.29% as the volume is getting close to the 3M level. stockcharts.com It announced today that it has entered into an agreement to sell U.S. & worldwide rights to its Gestiva to KV Pharmaceutical upon approval of NDA by the FDA. Gestiva could be used in the prevention of preterm birth in women with a history of at least one spontaneous abortion.The drug was originally been develop by Adeza, which was acquired by Cytyc & was acquired on October 22 by HOLX from Cytyc. HOLX expects to be paid around $82M from its deal on Gestiva )$7.5M at closing of agreement & $82M on FDA approval & launch of the product.) Back on Dec 13 the FDA OBGYN Advisory Panel recommended that the pre-market application for its Adiana for female sterilization on a decision by a vote of 10 to 3.<g> The stock trades around 7.45xBV with a +CF around $2.60 The short ratio was up 137% in the last month & is now about 6x its ADV The stock needs to hold its support at the %58 to $60 level & close above its Jan4 H of $72,88 in order to make another all time H.<g> Bernard

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