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Biotech / Medical : Biotech & Pharma.T.A,
BIB 75.40+5.5%Nov 11 4:00 PM EST

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To: Jibacoa who wrote (1567)11/30/2006 11:44:36 AM
From: Jibacoa  Read Replies (2) of 3722
 
DRRX Had a good up gap today after it announced positive results from a PI on its ORADUR,as reported on Nov. 29 by Pain Therapeutics, which is DRRX's licensee of ORADUR based products.

ORADUR was found to be safe and well-tolerated, and its release profile well suited for use in the inteded population, with no unexpected adverse events in the PI.<g>

King Pharmaceuticals, will be commercializing the drug candidate, if approved by the FDA. Another ORADUR based oxycodone (Remoxy)is now on PIII

The stock traded as high as 5.55 in the first few minutes, & is now trying to close some of the upgap,but still up 28%.<g>

bigcharts.marketwatch.com

Bernard
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