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Biotech / Medical : Biotech & Pharma.T.A,
BIB 77.61+3.5%Nov 21 4:00 PM EST

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To: Jibacoa who wrote (1312)8/16/2005 5:35:57 PM
From: Jibacoa  Read Replies (2) of 3722
 
VPHM Was able to hit my "target" of 14 today after it started on another upmove yesterday.<g>

Yesterday AHs it was up another 8% to 11.86 when it announced that it was increasing the price of Vancocin in the US. (The cost to wholesalers on 20 capsules was increase from $195 to $242 on the 125mgs and to $446 from $368 for the 250mgs.)

They mentioned that the price increase was not factored in at the time of their "guidance" on August 2.<g>

The stock was up more than 29% today on volume of 20,549,008 (apparently with the help of some short covering.<g>)

bigcharts.marketwatch.com

Bernard
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