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Biotech / Medical : Oncothyreon

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To: nigel bates who wrote (1995)4/20/2005 11:08:14 PM
From: Jibacoa  Read Replies (1) of 2344
 
Biomira begins new cancer vaccine trial.

APR. 20 2:51 P.M. ET Canadian biotech company Biomira Inc. and German drug maker Merck KGaA said Wednesday that they started a mid-stage clinical trial for their lung cancer vaccine to support a marketing approval application in Canada.

businessweek.com

In the mean time, the stock remains on a near term downtrend (but not as bad as the general market.<g>) The nearest support is at 1.95 and resistance at 2.25

The volume lately has remained low. The last high volume day was on Dec.4 when more than 84.8 M shares were traded, and that was an up-day with the price foing from 1.53 to 3.28 (the intra-day H was 3.77)

bigcharts.marketwatch.com

Bernard
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