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Biotech / Medical : Biotech & Pharma.T.A,

BIB 70.25

+0.1%

Nov 6 4:00 PM EST

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To: Jibacoa who wrote (146)	12/19/2002 11:41:50 AM
From: Jibacoa	Read Replies (2) of 3722

SQNM Is up only 7.25% after announcing the publication in the Proceedings of the National Academy of Sciences of its method for conducting high-density genome-wide scans using pooled DNA samples. (It will be in the PNAS December 24th edition.) SQNM has now completed 8 scans for genes associated with skin cancer, breast cancer, adult-onset diabetes, high HDL levels, osteoarthritis, lung cancer, schizophrenia and age-related disease and is filing for intellectual property protection for its discovery results. According to Dr. Braun:"More importantly, as we have further defined targets coming out of the initial scans through additional statistical and genetic analyses, we are finding that commercially important targets are often within defined and characterized protein families and pathways, making them tractable for rapid drug development. As we further explore and characterize the cellular and functional biology, we remain confident that we will deliver approximately 20 genetically and functionally validated drug targets for major human diseases by the end of 2003." Will see if the stock can get back above its 2.35 resistance next week.<g> siliconinvestor.com I will just keep buying some on any dips.<g> Bernard

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