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Biotech / Medical : Biotransplant(BTRN)
BTRN 35.410.0%Nov 26 4:00 PM EST

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To: Icebrg who wrote (934)6/25/2001 10:50:06 AM
From: Icebrg  Read Replies (1) of 1475
 
Robbie Stephens commenting on MEDI-507.

"MedImmune, Inc. [NASDAQ: MEDI $45.30]
Buy
Michael King, Biopharmaceuticals
Eric Shen, Biopharmaceuticals

"Phase I/II trials results for MEDI-507 showed encouraging signs of therapeutic benefit," said King and Shen. "Even at very low doses, the drug showed encouraging activity, as measured by the gold-standard PASI 75 score. At high doses, MEDI-507 produced PASI 75 responses in roughly one-third of patients in a pooled data set, within the same range as more advanced drug candidates. While these results were in line with our expectations, we believe they come as an upside surprise to the Street. We reiterate our Buy rating on MEDI shares with a price target of $57.""

robertsonstephens.com
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