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Biotech / Medical : Biotech & Pharma.T.A,
BIB 75.48+1.4%4:00 PM EST

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To: Jibacoa who wrote (1727)1/3/2008 4:24:49 PM
From: Jibacoa  Read Replies (2) of 3722
 
CRXL also opened with an UG & was up 14.36% at its intraday H, it is still up 12.15%

bigcharts.marketwatch.com

It announced that it has signed an exclusive agreement with sanofi pasteur, (the vaccines division of sanofi-aventis), for its rabies monoclonal antibodies to be used in association with rabies vaccine for post-exposure prophylaxis.

bigcharts.marketwatch.com

CRXL Has 4Qs of triple digit improvement on revenues & has trimmed its losses in the last 2Qs. It is trading around 1.7xBV; has no significant LTD. The short position is around 7x its ADV.

The stock needs to close above its resistance from the 21.17 to the 22.90 level in order to get off from the DT coming from its Feb H at 29.14

bigcharts.marketwatch.com

Bernard
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