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Biotech / Medical : EntreMed (ENMD)

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To: Sonny Blue who wrote (809)5/6/1998 7:07:00 PM
From: Secret_Agent_Man  Read Replies (2) of 2135
 
14:14 ET Oxigene (OXGN) 18 3/8 +4 (+28%): British doctors said they expect to
begin human trials of a new cancer drug that cuts off blood supply to tumors in six
months, ahead of U.S. biotechs which are working on a similar approach, according to
Reuters. Their wonder-drug, Combretastatin, was discovered by an Arizona State
University professor and has been licensed to Oxigene. Volume 1 mln shares. Stock also
trades warrants "OXGNW" (5 3/4 +2 3/8, +70%). EntreMed said it would be at least a
year before its drug is ready for human trials.
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