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Biotech / Medical : Micromet Inc (MITI)
MITI 0.0955-6.4%3:02 PM EST
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To: pgo-neil who wrote (184)1/9/2012 9:50:19 AM
From: Arthur Radley  Read Replies (1) of 196
 
This (NIH) funding is a nice cushion for their cash burn as normally these projects involve millions of dollars injected into the research. What I would like to see is that the FDA might green light this drug without the normal Phase III final results.

Also, Think Equity raised their target price up to $9.00 this morning.

Storming in my neck of the woods this morning--also nearly pitch dark still at 9:30.
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