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

BIB 75.40

+5.5%

Nov 11 4:00 PM EST

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To: Jibacoa who wrote (327)	3/11/2003 4:12:14 PM
From: JMarcus	Read Replies (1) of 3722

EPIX is up about 10% on the highest the stock has seen since Oct. 14th. Ron Garren, of www.biotechinsight.com, plugged the stock for the first time in the article he posted this week at www.biospace.com. Here's the link. biospace.com Here's the text of what he said: <<The results of the second Phase III vascular imaging trial announced Friday by Epix Medical (EPIX) clearly seems to show they have a great MRI vascular imaging agent. The technology basically uses a standard a MRI contrast agent modified so that it binds to albumin, a circulating protein. This keeps the agent (MS-325) inside the vascular tree allowing almost anatomic imaging of vascular problems. It looks as good as the gold standard, which is IV contrast angiography but without the downsides of potential kidney damage, bleeding and allergic reactions. EPIX with a market cap of approximately $127 million looks cheap for a company that may set a new standard of care. Management expects the final two Phase III trials to report this summer and a possible filing in the fall of '03. If and when MRI technology gets up to speed for cardiovascular imaging this could open another huge market. The company is in partnership with Schering AG in the US and gets royalties from the rest of the world. I just bought some for my personal account. >> Marc

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