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Biotech / Medical : Biotech & Pharma.T.A,
BIB 70.25+0.1%Nov 6 4:00 PM EST

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To: Jibacoa who wrote (2021)11/6/2007 12:13:27 PM
From: Jibacoa  Read Replies (1) of 3722
 
SNTS seems to have found support at the $2 level since it dropped from the $5.25 level in August.

bigcharts.marketwatch.com

SNTS has been trimming its loss for 4 consecutive Qs & revenues have significantly increased (in triple digit improvements) also for 4Qs.

Zegerid prescriptions reportedly grew approximately 12% in the 3rdQ compared with the 2ndQ, while the delayed released brands, Nexium, Prevacid, Protonix, and Aciphex, as a group had negative growth of more than 2%.For the 9Ms ended September 30, prescription for Zegerid grew approximately 143% in contrast to 2% negative growth for prescriptions for the delayed release brand.

In August was when Par alleged that U.S. Patents for ZEGERID are invalid, unenforceable and/or will not be infringed by Par's manufacture, use, or sale of the product for which it had submitted an ANDA.<g>

At any rate, SNTS shares are up > 7% today & it seems they could get back to the $4 level some time in the near future.<g>

bigcharts.marketwatch.com

Bernard
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