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Biotech / Medical : Alexion Pharmaceuticals, Inc. (ALXN) -- Ignore unavailable to you. Want to Upgrade?


To: Jongmans who wrote (33)11/15/1999 1:39:00 AM
From: Larry Liebman  Read Replies (1) | Respond to of 824
 
Continued positive clinical trial outcomes. Company reported that...."rheumatoid arthritis patients receiving a single dose of its anti-inflammatory complement inhibitor 5G1.1 showed a significant reduction in the signs and symptoms...compared to placebo-treated patients". The company is enrolling patients for an expanded Phase II trial.
ALXN registered 2.5 million shares for a secondary on 10/20. When completed, there should be approximately 14 million shares out. With a current capitalization of <$200 million, a significant pipeline addressing major markets, and good balance sheet(after the offering), this company bears some due diligence.