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Biotech / Medical : Biotech & Pharma.T.A,
BIB 85.24+0.5%Feb 4 4:00 PM EST

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To: Jibacoa who wrote (2617)10/5/2009 12:03:19 PM
From: Jibacoa   of 3722
 
CYCCP is up 27.08% on very low volume.(Only 100 shrs traded <g>)

It is till below the resistance at $2

There are no news, that I am aware, since the CEO presented at R&R Annual Healthcare conference in NY on Sep10

CYCCP is planning to build a diversified biopharmaceutical business focused in hematology and oncology based on a portfolio of commercial products.

Its Sapacitabine,is a cell cycle modulating nucleoside analog, that is in PII for the treatment of acute myeloid leukemia in the elderly, myelodysplastic syndromes and lung cancer and in PI in combination with seliciclib.
Seliciclib, is a CDK inhibitor, which is in PII for the treatment of lung and nasopharyngeal cancer.

It also has CYC116, an Aurora kinase and VEGFR2 inhibitor, which is in PI for patients with solid tumors.

Its subsidiary, ALIGN Pharmaceuticals, markets directly in the U.S. Xclair Cream for radiation dermatitis, Numoisyn Liquid and Numoisyn Lozenges for xerostomia.

On Aug 28 it said that it had received a letter the NASDAQ Listing Qualifications Department notifying that it does not comply with the $10M minimum stockholders' equity required for continued listing on NAZ's Global Market (At that time the Company's stockholders' equity was reported at around $8.2M) That was based on data as of June 30 and the price has improved some since then.<g>

It seems that the stock needs to get back above $3 in order to be compliant with the NAZ requirements.<g>

bigcharts.marketwatch.com

Bernard
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