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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 (1838)1/15/2008 2:20:24 PM
From: Jibacoa  Read Replies (1) of 3722
 
MITI Is trying to revert yesterday's dip & climb back above $2.<g>

bigcharts.marketwatch.com

Its 3rdQ results were good with 20% better revenues & it trimmed its loss by 75%.

At the ASH meeting in Dec, it presented new data from an ongoing PI, showing potent single-agent activity of its MT103 in patients with late-stage NHL.
Since the drug is been developed in combination AZN's subsidiary, Medimmune, it is also known as MEDI-538. It is a recombinant T-cell engaging antibody targeting the CD19 antigen, which is uniquely expressed on B-cells.

The insiders reportedly hold > 30%. Th short ratio came down > 30% in the last month.<g>

bigcharts.marketwatch.com

Bernard
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