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Biotech / Medical : Biotech & Pharma.T.A,
BIB 77.91+1.5%Nov 18 4:00 PM EST

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To: Jibacoa who wrote (2121)1/14/2008 1:52:11 PM
From: Jibacoa  Read Replies (1) of 3722
 
ZGEN traded earlier today above last Tuesday's H of $12.69 & is still up 4.09% with volume above its ADV.

bigcharts.marketwatch.com

Its CEO, Bruce L.A. Carter, Ph.D.,is scheduled to present at the Stanford Group Company Annual Healthcare Conference in Washington, D.C. on Thursday.

On Tuesday, was when it announced that it has initiated a PII of IL-21 in combination with Nexavar (sorafenib) tablets in patients with advanced renal cell cancer.

In the PI of IL-21 in combination with Nexavar in patients with renal cell cancer,which were presented in Oct at the AACR Conference,the data indicated that the combination was well tolerated,& evidence of anti-tumor activity was documented in the majority of the patients.

ZGEN insiders reportedly hold > 45% & it also has a good institutional following.<g>

finance.yahoo.com

The short position came down some in the last month, but is still > 15x its ADV.

ZGEN needs to close above its Dec H of $15.16 in order to get off from the DT coming from its Jan2006 H at $16.63 <g>

bigcharts.marketwatch.com

Bernard
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