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Biotech / Medical : Introgen Therapeutics
INGN 6.950-2.0%3:59 PM EST

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To: Jibacoa who wrote (278)4/19/2005 1:07:59 AM
From: zeta1961Read Replies (2) of 802
 
>Introgen Therapeutics initiated with "strong buy"

[from YMB]

Monday, April 18, 2005 6:52:09 AM ET
Adams Harkness

NEW YORK, April 18 - Analysts at Adams Harkness initiate coverage of Introgen Therapeutics Inc (INGN.NAS) with a "strong buy" rating. The 12-month target price is set to $18.

In a research note published this morning, the analysts mention that the company is in the process of conducting two Phase III trials using Advexin, for head and neck cancer. Introgen Therapeutics has also initiated the BLA filing, which is likely to be completed by the end of 2005, the analysts say. The company could also benefit from the delay in the filing of Ebitux, for head and neck cancer, by Imclone and Brystol-Myers.<<
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