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Biotech / Medical : Biotech & Pharma.T.A,
BIB 84.97+2.2%Feb 2 4:00 PM EST

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To: Jibacoa who wrote (3056)12/7/2010 10:26:20 AM
From: Jibacoa   of 3722
 
ONXX was up 14.11% and is still up 11.45 on volume about 1.5x its ADV

The stock opened with an UG after it made some announcements at the ASH meeting in Orlando.<g>

It announced that carfilzomib shrank the tumors of one-third of study patients with MM.
On 257 patients who had failed to improve on previous treatments, 24% had their tumors reduced by half while 10% had malignancy reduced by 1/4
The reduction in tumor size was maintained for a median of eight months.<g>

The ACTAY is $34.64
With some good news the stock could get to the $40 or $45 level.
I will keep a TT at $40 pending further developments.<g>
bigcharts.marketwatch.com

Bernard
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