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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (10210)7/13/1999 6:49:00 PM
From: Cary C  Read Replies (2) of 59879
 
Mark here is the reason for the VPHM move today.

cbs.marketwatch.com

biz.yahoo.com

Among other movers in the biotech sector, shares of ViroPharma (VPHM: news, msgs) jumped nearly 30 percent after the company said its molecule pleconaril reduced the duration and severity in of viral respiratory infection, a severe form of the common cold. There are no antiviral treatments available for the disease, the company said.

"This is the first study of an antiviral drug for a severe form of the common cold that has yielded such positive results when the drug was given after the symptoms began," Ronald B. Turner, Head of Pediatric Infectious Diseases, Medical University of South Carolina, who participated in the study, said in a statement.

Viral respiratory infection is an upper respiratory infection is often referred to as the common cold. If the infection progresses to the sinuses or lower respiratory tract, it can cause sinusitis, ear infections, bronchitis and pneumonia.


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