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Biotech / Medical : Oncothyreon

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To: LJM who wrote (2005)2/26/2007 11:59:40 AM
From: Jibacoa  Read Replies (1) of 2344
 
And today announced that the first patient has been enrolled in the global PIII, (START)to assess the efficacy and safety of Stimuvax, its BLP25 liposome vaccine for patients with unresectable stage III NSCL.

The trial is being conducted by Merck KGaA & its U.S. affiliate EMD Pharmaceuticals.(BIOM is entitled to receive a milestone payment from MRK upon enrollment of the first patient in this trial, albeit the amount of $$$ hasn't been disclosed.)

BIOM's CEO, Dr. Kirkman also mentioned that in 2007 BIOM expects to make progress in advancing its clinical pipeline.
The PII of PX-12 in patients with advanced pancreatic cancer is ongoing and its expects to bring PX-478 into clinical development at mid-year.

The stock opened with a small UG, but the advance was halted on an intraday double top at the 1.23 level.<g>

bigcharts.marketwatch.com

Bernard
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