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Biotech / Medical : biotech fireworks

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To: Jibacoa who wrote (264)9/16/2002 4:50:42 PM
From: Jibacoa  Read Replies (1) of 7424
 
BMRN Was up 18.6% in early trading, but it closed up only 14.16%. Volume was above its daily average, after the early news today:

ZURICH, Sept 16 (Reuters) - Biotech group BioMarin Pharmaceutical Inc (NasdaqNM:BMRN - News; Zurich:BMRZn.S - News) said on Monday U.S. regulators had granted priority review to the Aldurazyme drug it is developing with Genzyme General Corp (NasdaqNM:GENZ - News).

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The intra-day H today (5.10)almost matched the intra-day H of July 29 (5.15)Of course there is plenty of resistance above that level.<g>

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Bernard
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