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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: Roudy who wrote ()4/23/1999 10:45:00 AM
From: Roudy  Read Replies (1) of 1762
 
Posting from the Yahoo thread. Anyone have an insight on the manufacturing of Bexxar?

IDEC's Future . . .
by: DavidSage 700 of 700... looks very strong. Rituxan sales (read:profits) are growing beyond expectations, look for increased off-label use in '99 and '00. Y-2B8 is gaining on Coulter's Bexxar, as that company struggles with manufacturing and FDA (hurdles IDPH has already passed). Further, Y-2B8 profile (production, distribution, administration, effects, etc.) is favorable to Bexxar's. IDEC's pipeline and platform technology should sustain growth for years.

Technically, the stock is digesting the recent run-up and has support around 45, resistance at 59. With ASCO in May, expect a pop to new highs within a couple of weeks. Breaking 70 and holding above 60 for a few months should lead to a stock split.

Nice work patient longs, the fun and profits will continue...
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