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Biotech / Medical : Biotech & Pharma.T.A,
BIB 77.80-3.5%Dec 9 4:00 PM EST

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To: Jibacoa who wrote (1814)6/19/2007 3:46:22 PM
From: Jibacoa  Read Replies (2) of 3722
 
PARS Seems to have found support at the $1.30 level.

bigcharts.marketwatch.com

It has closed its Apr 24 UG.

bigcharts.marketwatch.com

April 24 was the day when it announced the results from its PIIa of the effects of i.v. cannabinor against post-operative pain in over 100 male patients undergoing third molar dental extraction.

At the lowest dose of cannabinor (12 mgs), it produced a statistically significant decrease in pain vs placebo, but , this result wasn't seen in the higher dose groups (24mgs and 48mgs), & the company has no explanation for that pattern of results.<g> There were no significant side effects at any of the 3 different dose levels.

PARS has no significant LTD. It trades around 1.5x BV.

The R/R looks OK at present levels.

Bernard
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