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Biotech / Medical : Biotech & Pharma.T.A,
BIB 81.45-1.6%Dec 29 4:00 PM EST

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To: Jibacoa who wrote (15)9/3/2002 12:28:25 AM
From: Jibacoa  Read Replies (1) of 3722
 
GNLB Had a good UP-MOVE Friday after it announced that it had received an approval letter from the FDA for Prestara, albeit the approval is contingent upon the successful completion of an additional clinical trial confirming the positive effect of the drug on bone mineral density in women with mild to moderate systemic lupus erythematosus while on low-dose glucocorticoids.

The stock was up 102.88% on volume of 15.638 millions (about 32.6x its daily average)

In the mean time WPI,which holds an exclusive license for Prestara in North America, was up only 1% on less than its average volume .

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Bernard
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