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Biotech / Medical : Immunex

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To: DJ who wrote (322)5/12/1999 3:57:00 PM
From: Roger Cranwill   of 656
 
The one I'm really hot on now is Imclone (IMCL). Its stock price has more than doubled since Feb, and appears to be about to "pop". If anyone isn't familiar with their lead product, a monoclonal antibody for head and neck squamous cell carcinoma, in Phase II trials of 16 patients tried on the drug 13 showed 100% regression (tumor gone, in other words)-the other 3 showed tumor regression of 50% or better.
Coulter Pharmaceutical (CLTR) is also beginning to climb-their radioisotope linked monoclonal antibody for Non-Hodgkins lymphoma should be ready for approval by the end of this year, or the beginning of next.
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