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Biotech / Medical : Biotech & Pharma.T.A,

BIB 79.78

0.0%

Dec 31 4:00 PM EST

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To: Steve Lokness who wrote (1867)	9/11/2007 9:34:02 AM
From: Jibacoa	Read Replies (2) of 3722

IMCL is up more than 25% in pre-market after Merck KGaA said that the findings from the FLEX,a large PIII in which Erbitux was given to patients with advanced NSCLC alongside platinum-based chemotherapy, showed positive evidence of improved survival,in contrast with the negative findings from a smaller trial in July. bigcharts.marketwatch.com Erbitux's promise in lung cancer could be bad news for Roche and DNA's competing drug Avastin, which works in a different way.Some "analysts" like Dresdner Kleinwort, said they were not changing their forecasts for Avastin but there was an increased risk of future downgrades.<g> bigcharts.marketwatch.com Merk KGA stock was up 5% in Europe & BMY which markets Erbitux for IMCL in the US was up around 2%. bigcharts.marketwatch.com RGEN will apparently not participate on those results, since the claims it had with MIT against IMCL & BMY were settled for some 65M instead of going to trial.<g> bigcharts.marketwatch.com money.cnn.com Bernard

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