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Biotech / Medical : Biotech & Pharma.T.A,
BIB 76.73+1.7%Nov 17 4:00 PM EST

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To: Jibacoa who wrote (2866)6/1/2010 3:25:00 PM
From: Jibacoa  Read Replies (1) of 3722
 
ONCY is up for 4th day on a roll as it trades above the resistance at the $3 level and above its May Hs.

The next resistance is now the Aprl 8 H at $3.30 before it can try to test its March 12 H at $3.63 <g>

bigcharts.marketwatch.com

ONCY has been trimming some its losses in the last 4Qs.
It announced today that it has received approval from the Belgian AMHP to conduct its PIII examining REOLYSIN in combination with paclitaxel and carboplatin in patients with platinum-refractory head and neck cancers.

This is the same trial that was agreed to by the FDA under the SPA

ONCY said that obtaining approval to conduct this trial in Belgium will allow them to expand European enrollment and to access leading head and neck specialists.<g>

The primary endpoint for the trial is overall survival.
The decision to pursue a PIII in head and neck cancers was predicated on positive results seen in the PI & PII of the combination REOLYSIN and paclitaxel/carboplatin

The ACTAY is only $2
ONCY will need some good news to be able to make it to the $4 level.<g>

bigcharts.marketwatch.com

Bernard
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