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Biotech / Medical : Biotech & Pharma.T.A,
BIB 75.48+1.4%Nov 14 4:00 PM EST

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To: Jibacoa who wrote (1860)1/7/2008 10:26:26 AM
From: Jibacoa  Read Replies (2) of 3722
 
RIGL Wants to continue its UT without closing its Dec13 UG.<g>

bigcharts.marketwatch.com

The stock has traded at $25.28 & is still up 7.44% on volume of 373Ks.

On Dec13 was when it announced that its R788 demonstrated statistically significant results in treating RA patients in a PII. Groups treated with R788 at 100mg and 150mg po bid, showed higher ACR20, ACR50, ACR70 and DAS28 response rates than the placebo group.(The effect in these dose groups was evident as early as one week after start of therapy.)

With some further good news & a close above $30,the stock could easily reach the $40 level.<g>

bigcharts.marketwatch.com

Bernard
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