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Biotech / Medical : Imclone systems (IMCL)
IMCL 0.1590.0%Oct 5 5:00 PM EST

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To: Abel Vieira who wrote (92)5/4/1998 8:30:00 PM
From: Hardware Heister  Read Replies (2) of 2515
 
IMCL is similar to ENMD! Why is it not moving higher!

The New York Times' cover story on Sunday mentioned only the other company, Entremed, and since most of Wall Street reads the NY Times Sunday edition, the stock took off.

IMCL's C225 works by attacking the cancerous cells & is being tested in combo with other (chemotherapeutic) agents.

Entremed's stuff basically shrinks tumors by cutting them off from their blood supply. It somehow shrinks the blood vessels down. It works by itself, and, at least in mice, targets only tumors. Assuming this translates directly to human trials (which doesn't always happen) Entremed's stuff is therefore more effective and has fewer side effects, since it doesn't require chemotherapeutic agents.
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