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Biotech / Medical : Biotech & Pharma.T.A,
BIB 81.45-1.6%Dec 29 4:00 PM EST

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To: Jibacoa who wrote (2658)9/8/2010 12:01:59 PM
From: Jibacoa  Read Replies (1) of 3722
 
MAPP is up 8.55% trading at its intraday H on volume about half its ADV

bigcharts.marketwatch.com

It announced some results on Levadex, its drug for migraine.
To date, more than 400 patients have completed at least six months of treatment and more than 200 patients have completed twelve months of treatment.
The drug has been well tolerated and no serious adverse events have been reported.
MAPP expects to release complete results from this trial in the 4thQ and to submit an NDA in the first half of 2011.<g>

The ACTAY is $21.33
That would be a good % gain from present levels.<g>
MAPP has a good institutional following.
The insiders hold around 20%
It has around $2 in csh/shr but has been burning its cash at a good clip.
I will place a TT at $14 pending further developments.<g>

bigcharts.marketwatch.com

Bernard
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