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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject5/26/2001 5:22:25 PM
From: besttrader   of 37746
 
I wonder how much SCIO will gap up tuesday? -->

7:07PM Scios gets closer to drug approval (SCIO) by Nicole Maestri
Scios, whose shares were halted throughout Friday trading, said after the closing bell that an FDA advisory committee has unanimously recommended approval of its drug Natrecor to treat acute congestive heart failure. In a release, Scios (SCIO) said that Natrecor would be the first new treatment for acute congestive heart failure in more than 10 years. If it gets final approval, Scios said it will be ready to launch the product at the end of July. Shares were halted at $24.56.
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