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Biotech / Medical : Biotech & Pharma.T.A,
BIB 83.58+1.8%Nov 26 4:00 PM EST

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To: Jibacoa who wrote (2934)6/15/2010 12:58:57 PM
From: Jibacoa  Read Replies (1) of 3722
 
IPCI is up for 3rd day on a roll. trading above the resistance at the $3 level.<g>

Volume remains moderate, but trying to get to its ADV

bigcharts.marketwatch.com

IPCI announced yesterday that is has filed an ANDA with the FDA for a generic of Protonix.
Sales of pantoprazole sodium delayed-release tablets in the U.S. were approximately $1.8 billion in 2009.
This is the 4th ANDA product candidate that IPCI has from its 15 product pipeline.

There is no ACTAY, but the stock is still trading above its Apr30 H of $3.09 and it seems that it could get back to test the March 12 H at $5.05 <g>

bigcharts.marketwatch.com

Of course, IPCI has plenty of room to run upstairs.<G>
Back in early 2000 it traded at an adjusted price above $1000 <g>

bigcharts.marketwatch.com

Bernard
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