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Biotech / Medical : ADVENTRX Pharmaceuticals Inc (Anx)

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To: patrickp who wrote (237)8/22/2007 5:48:26 PM
From: Keith FeralRead Replies (2) of 418
 
Here is the timeline I see emerging.

Company is back in discussions with marketing partners right now to seal the deal. After Labor Day, they hit the road to gain institutional support for the deal and make some friends. The data will come out in first week of October. Once the data is out, the stock price should pop allowing the company to force the conversion of warrants. That's another $20 million that we shouldn't forget about.

From there, we get the announcements about the partnership deals for Vinorelbine or Cofactor. The company files the NDA for Vinorelbine, launches a IND for Thiovir and Docetaxel, and starts working like crazy to finish phase 3 enrollment for Cofactor in the US and Europe as a single trial.

That's the way I hope things unfold this fall. I don't see too much getting started until after Labor Day.
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