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Biotech / Medical : Biotech & Pharma.T.A,
BIB 77.91+1.5%4:00 PM EST

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To: Jibacoa who wrote (1136)6/23/2005 1:01:30 AM
From: Jibacoa  Read Replies (1) of 3722
 
GNLB was up more than 24% on volume above 18M after the FDA confirmed that Prestara qualifies for "orphan drug" designation for the prevention of osteoporosis in LE patients on steroids.

Last October the PIII didn't show statistical significant results in women with LE, but on further analysis of the data showed that patients on Prestara had a mean increase in BMD at the lumbar spine compared to a decrease patients on placebo, albeit the results were still considered not "statistically significant".<g>

The stock closed above its June 1 H of 0.62 but it now needs to close today's upgap.<g>

bigcharts.marketwatch.com

Bernard
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