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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 (1030)	7/19/2005 3:30:02 PM
From: Jibacoa	Read Replies (2) of 3722

NERX seems to have support at the 0.45 level. It has closed its July 6 upgap and needs to close above o.86 to try to climb back again above the $1 level.<g> It is up a moderate 6.9% on volume of 67.9Ks. bigcharts.marketwatch.com On July 11 was when it announced that it had treated the first patient with picoplatin, its next-generation intravenous platinum therapy,which is on a PII, open label, for small cell lung cancer. NERX has a good sized LTD and the insiders hold a good chunk of the shares.<g> It reportedly has around $0.45 in cash/shr. Bernard

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