SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Biotech & Pharma.T.A,
BIB 84.81-0.2%Feb 3 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jibacoa who wrote (228)1/21/2003 1:00:53 PM
From: Jibacoa   of 3722
 
ALT (Another Biotech on the ASE.<g>)Is up 20.20% on volume of 226.6 K (already almost 4x its daily average) as the stock is trying to get over its Nov.1 H of 2.45 <g>

The company has scheduled a C.C. for 2PM today and it has already announced positive results from a preliminary analysis of the Phase IIa DIAMOND trial of its ALT-711 in DHF. (The DIAMOND trial is still been continued.)

According to the preliminary results, patients who received ALT-711 for 16 wks had a statistically significant reduction in LVM (This preliminary analysis involved only the first 17 patients in the DIAMOND trial <g>)

There were also other benefits as the patients showed a marked improvement in Lft. VDF and reported improvement in their quality of life on a questionnaire.

ALT-711 is reportedly a novel therapy for DHF as it targets the hardening of the walls of the heart and arteries caused by "pathological glucose-protein matrixes".

Will see in another hour if it can get over the resistance at 2.45 <g>

siliconinvestor.com

The stock has to get over its Nov. H before it can test its June H at 2.65 and its May H at 3.45 (The Jan.2002 H at 5.90 looks somewhat far at present.<g>)

siliconinvestor.com

Bernard
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext