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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 (1246)	7/20/2005 11:47:01 AM
From: Jibacoa	Read Replies (2) of 3722

MLNM Opened with an upgap and had good upvolume in the first few minutes of trading. It seems it may get to test its January 14H at 11,42 in the near future, but it first needs to go over its intraday double top at 10.59AM-11.02AM at the 10,50 level.<g>(The stock is now trying to find support at 10.38 <g>) As previously mentioned, 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 P.S. There was a 563,818 downtick at 11.47AMfrom 10.40 to 10.36 albeit it recovered some since then on low volume,g>

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