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Biotech / Medical : Biotech & Pharma.T.A,
BIB 82.74-1.3%Dec 26 4:00 PM EST

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To: Jibacoa who wrote (1812)1/15/2008 12:53:00 PM
From: Jibacoa  Read Replies (1) of 3722
 
ACEL Was up 22.85%, but is up only 14% at present.<g>

Volume of 330.Ks is about 4x its ADV.

bigcharts.marketwatch.com

It announced that Strativa, a subsidiary of PRX, has acquired the commercialization rights in the U.S. to ONCONASE from ACEL.

ONCONASE is in PIII for the treatment mesothelioma & was previously granted orphan drug status & fast-track development status by the FDA.

The short ratio is >18x the ADV.It seems that with some good news & a better general market mood ACEL could get to the $4 level for a 100% gain from present levels.<g>

bigcharts.marketwatch.com

Bernard
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