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Biotech / Medical : Biotech & Pharma.T.A,

BIB 70.19

+2.8%

4:00 PM EST

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To: Jibacoa who wrote (2244)	2/11/2008 2:11:01 PM
From: Jibacoa	Read Replies (1) of 3722

POTP was up 46.66% & is still up 20% with volume now cloe to 4M , about 8x its ADV bigcharts.marketwatch.com It announced that it has received proxies sufficient to approve the pending merger transaction with DARA BioSciences. & a reverse stock split. At a special meeting on Jan 28, stockholders of DARA approved the merger.POTP will change its name to DARA BioSciences. There is now a NAZ deadline of Feb13 to allow POTP to close the merger with DARA and satisfy the listing criteria.<g> POTP is trying to develop dipeptidyl peptidase inhibitors for use in cancer and type 2 diabetes.Its lead product candidate, talabostat is in PIII for treatment of metastatic NSLC. It is also trying to develop PT-630, a DPP inhibitor for the treatment of type 2 diabetes. The stock trades around 0.75xBV. It is trying to get off the near term DT coming from the Oct 17 H at $0.53 bigcharts.marketwatch.com The Jan 2001 H was $14.60 bigcharts.marketwatch.com Bernard

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