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Biotech / Medical : Biotech & Pharma.T.A,
BIB 83.68+0.1%Nov 28 4:00 PM EST

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To: Jibacoa who wrote (842)7/18/2005 10:15:39 AM
From: Jibacoa  Read Replies (2) of 3722
 
MLNM Is going over its June 20 H of 10.01 and hasn't bothered to close its June 17 upgap.<g>

bigcharts.marketwatch.com

Last Monday it announced that it was starting a PII of MLN1202, its humanized monoclonal antibody, in patients with relapsing-remitting MS

MLN1202 is supposed to block CCR2 chemokine receptors and to prevent the infiltration of immune cells into inflammatory sites.

MLNM Reportedly has around $1.85 in cash/shr and is expected to cut its loss to $0.35/shr vs. $0.59 in 2004 and for 2006 a further cut is expected to $0.07/shr.<g>

Bernard
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