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Biotech / Medical : Biotech & Pharma.T.A,
BIB 77.80-3.5%Dec 9 4:00 PM EST

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To: Jibacoa who wrote (2470)1/22/2009 1:23:59 PM
From: Jibacoa  Read Replies (1) of 3722
 
CEPH is trying gto get back to the $80 level. :>)

After the downward pressure of the general market and all the problems with the global economy, it is hard to find a biotech or any other company with chances of testing its all time H, and CEPH is among that rare or very exclusive group.

And that is in spite of its large institutional following as many institutions have been forced to sell some of their winning stocks in order to raise cash.
finance.yahoo.com

But CEPH has a good amount of +CF and +FCF and earnings in 2008 are expected to be 20% better than in 2007 with another 20% improvement expected for 2009

Last week it announced that it had signed an agreement with Ception Therapeutics, providing CEPH with an option to purchase Ception.
CEPH will pay Ception a $100M upfront and a total of $250M when it decides to complete the acquisition.
Ception's lead product is reslizumab, a humanized monoclonal antibody against IL-5, which is currently in a PIIb/III for pediatric eosinophilic esophagitis and in a PII for eosinophilic asthma in adults.
It also has a program to discover small molecule, orally-active, anti-TNF receptor agents.

At any rate,it seems that CEPH wants to test its all time H on June 2007 at the $84.83 level. :>)

Bernard

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