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Biotech / Medical : Biotech & Pharma.T.A,
BIB 79.76-2.1%Dec 30 4:00 PM EST

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To: Jibacoa who wrote (2796)4/28/2010 11:23:04 AM
From: Jibacoa  Read Replies (1) of 3722
 
BCRX was up 18.06% and is still up 12.82% at present on volume of > 1.27M already about 2x its ADV

The stock opened with a small UG and traded above its Apr Hs, but has not been able to test its Jan 13 H of $8.34 <g>

bigcharts.marketwatch.com

If the stock can close above the Jan H it seems it can get to test the Nov20 DG at the $10 level. <g>

BCRX announced that its loss for the 1stQ was $2.6M ($0,06/shr) vs. $9.3M ($0.24/shr) share in 2009. Revenue was up 83% to $26.1M with help from milestone payments from Shionogi after obtaining marketing and manufacturing approval of peramivir in Japan.<g>
The estimates according to Thomson/Reuters were for a loss of $0.16/shr on revenue of $19.6 M.

BCRX also said that its BCX4208 showed a statistically significant reduction in serum uric acid levels compared to a placebo on a 21-day study was to record the change in serum uric acid concentration after 21 days of treatment in patients with gout.The drug was found to be safe and well-tolerated.

Bernard
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