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Biotech / Medical : Micrologix biotech

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To: Larry G. who wrote (424)2/14/1999 9:32:00 AM
From: Taff  Read Replies (1) of 792
 
Does anyone follow BRA:TSE or Nasdaq:BIOMF

Just doing my sunday morning research and stumbled across this one.

Here is what I found, if anyone has a comment i would appreciate hearing from you,

Thanks in advance

Taff

Biomira's lead product is Theratope,which the company describes as an anti-breast cancer vaccine, but which might be more easily understood by the layman as a drug.

Theratope is a therapeutic agent, meaning that it is designed to treat active cases of the disease. It works by teaching the body's immune system to recognize and fight diseased cells.

If Biomira's claims with respect to its vaccine are borne out, that revenue could add up to an avalanche of money.

Breast cancer is a leading cause of death worldwide so the market for a successful drug would be huge.

The company has built a solid drug pipeline, with a string of therapies under development that could become major revenue earners.

If you use charting, see below. It looks to be over bought at this time. Volume is normal. Might be worth a wait and see IMO

iqc.com
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