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Biotech / Medical : Biotech & Pharma.T.A,
BIB 81.96+3.9%Dec 3 4:00 PM EST

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To: JMarcus who wrote (1437)12/28/2005 12:31:14 PM
From: Jibacoa  Read Replies (1) of 3722
 
RGEN Is moving up again on expanding volume, after the comments about RGEN's patent that covers the use of the active compound in Orencia for the treatment of RA, CTLA4-Ig, for cytotoxic T-lymphocyte-associated antigen 4, and specifically mentions the Bristol-Myers FDA application for Orencia.

RGEN also owns the rights to a European patent with similar treatment claims. The U.S. patent is in force until 2021, and in Europe until 2013, according to the RGEN's Web site.

The stock traded today above its Aug.30 H of 4.18 (it traded at 4.30 from 10.54AM to 11AM )but ithas drifted down to 4.17 at present.<g>

bigcharts.marketwatch.com

If the stock can close above today's H, it seems it should be able to test the $5 level.<g>

bigcharts.marketwatch.com

Bernard
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