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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 (1710)12/1/2006 9:22:30 AM
From: Jibacoa  Read Replies (1) of 3722
 
MGRM Is due to open on an upgap after some news,reversing yesterday's dip.<g>

It announced that PFE plans to establish a multi-national Expanded Access Program (EAP) that will make its investigational CCR5 antagonist maraviroc available to HIV/AIDS patients who have limited treatment options due to resistance or intolerance. (MGRM's co-receptor tropism assay, (Trofile), was used for patient selection.)

Last month MRGM secured a 10M credit line from MER & had a "buy" recommendation from LAZ & this week also from CE Unterberg Towbin.<g>

On a close above $2 it may get to retest its Oct.5 spike at the 2.70 level.<g>

bigcharts.marketwatch.com

MRGM has a small LTD, trades around 5.2xBV & has a short position close to 16x its daily average volume.The list of institutional & mutual fund holders is pretty good for a stock of this price level.<g>

finance.yahoo.com

Its LTC is "interesting" <g>

bigcharts.marketwatch.com

Bernard
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