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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 (1985)11/6/2007 9:13:38 PM
From: Jibacoa  Read Replies (1) of 3722
 
SQNM was up 11.57% & continued to do OK AHs.The volume was 200Ks above its ADV.

bigcharts.marketwatch.com

The stock closed at its intraday H & is starting to get off its near term DT coming from the )ct 17 H at 11.63

bigcharts.marketwatch.com

SQNM will start tomorrow morning a workshop at the AMP meeting in los Angeles & is going to have an exhibition booth to provide information about its MassARRAY products & genomics analysis capabilities. I think I better buy back the shares that I had to sell because of my protective SL last month.<g>

It also has announced that it will market its licensed nucleic acid-based technology under the brand “SEQureDx" & is making plans to commercialize its molecular diagnostic tests based on that technology for screening and detection of prenatal disorders like Rhesus D incompatibility, Fragile X, Hemophilia, & a test for common anueploidies, like Downs syndrome.

The workshop, “Introducing the Dawn of a New Technology: Noninvasive Prenatal Diagnostics,” will be hosted by Steve Owings, V.P. for Commercial Development of Prenatal Diagnostics, & will include the following presentations:

Fetal Nucleic Acids in Maternal Plasma as a New Platform for Noninvasive Prenatal Diagnosis
Extraction & Enrichment Methods for Fetal DNA
MassARRAY Technology: Past and Future Applications in Genetic Testing
Strategies for Successful Noninvasive Prenatal Testing: Fetal Identifiers and Workshop Summary


SQNM is building a menu of prenatal tests with this technology, and expects the near-term commercial introduction of the first laboratory test to detect Rh incompatibility.It also will provide an update on its strategy for a noninvasive detection of Down syndrome.

If the stock can close above $11 tomorrow, it should be a ble to resume its Sep-Oct UT, but don't expect another double that fast.<g>

bigcharts.marketwatch.com

Although the long term chart still looks "interesting" & it certainly has plenty of room to run.<g>

bigcharts.marketwatch.com

Bernard
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