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Biotech / Medical : Biotech News

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From: Arthur Radley	5/4/2010 3:21:05 PM
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ASCO is coming up in a few weeks, and with biotech currently in a swoon does anyone have a guess as to which companies might have news at (ASCO) that could give them a bump. PFE has a major slot at the conference and if anyone needs good news they could use it.....but what? The news today from Glaxo indicates they threw nearly 3/4 billion down the 'rat-hole" with their 'Red Wine' purchase last year. I continue hold MITI as they have data to be presented...then I hold a small position in ARQL, but did sell major portion when it doubled a few weeks ago. And just so I can hold a CTIC wannabe I bought a smidgeon of SNNS today @.94 cents. They have 'promised' news at ASCO, but it could be that they are closing their doors...strictly a 'crap-shoot' as for them moving their candidate forward IMO.

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