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Biotech / Medical : Biotech & Pharma.T.A,
BIB 76.39-1.9%4:00 PM EST

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To: Jibacoa who wrote (2596)9/22/2009 11:49:09 AM
From: Jibacoa  Read Replies (2) of 3722
 
BSDM opened with a good UG and is still up 130% with volume now > 6,410,000

bigcharts.marketwatch.com

It reported today at Europe’s largest cancer congress, ECCO15 – ESMO34,results of a PIII of its BSD-2000 Hyperthermia System, demonstrating that patients with high risk soft-tissue sarcomas were 30% more likely to be alive and cancer free almost 3 Yrs. after starting treatment if hyperthermia was added to their chemotherapy treatment.

They said that the addition of the use of hyperthermia more than doubled the proportion of patients whose tumours responded to chemotherapy without increasing toxicity, and plan to exxplore its use in other types of cancer, instead of or in combination with radiation therapy."We believe it is likely to change the way many specialists treat these tumours." <g>

The stock had been lingering at the $2 level since March, although there had been two previous spikes to the $3 level in April and May in spite of the reported larger losses in the last 3Qs.

But the insiders hold around 40% and BSDM doesn't have significant LTD.<g>

The stock has a good amount of resistance at the $4 to $5 level and it seems better to wait for it to close some of today's UG and the report of some improvement on the bottom line.<g>

bigcharts.marketwatch.com

Bernard
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