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Biotech / Medical : Nuvelo (Nasdaq: NUVO)

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To: SemiBull who wrote (281)11/19/2003 8:11:48 PM
From: SemiBull  Read Replies (1) of 286
 
Focusing on biotech: SunAmerica manager likes Genzyme, Pozen, Nuvelo

"...One biotech firm Clifford especially likes is Nuvelo (NUVO: news, chart, profile), which has an experimental clot-busting drug now being tested on patients. Sunnyvale, Calif.-based Nuvelo is small and the risk of a clinical setback with its experimental drug remains. But Clifford said he's optimistic about the company's prospects partly because of a partnership with Amgen (AMGN: news, chart, profile), the world's largest biotechnology firm. Nuvelo shares gained 18 cents to $3.64 on Tuesday...."

marketwatch.com
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