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Biotech / Medical : Imclone systems (IMCL) -- Ignore unavailable to you. Want to Upgrade?


To: Donaldm who wrote (1096)11/18/1999 7:05:00 PM
From: QuietWon  Read Replies (2) | Respond to of 2515
 
Technical Analysis for IMCL found on Yahoo -->

Charting indicators look bullish over
by: Qcharts 11/17/1999 5:56 pm EST
Msg: 4722 of 4751

day, 10 day, month, 2,3,6, 12-month time frames. This shows IMCL to be bullish in both the shorter and longer terms.

Bollinger Bands: broke out of the band yesterday and today and looking for the bands to shift upward.

Moving averages: the short term moving average has crossed the longer moving average and continues higher.

MACD: similar to moving averages

On-balance volume: is positive and rising

Money flow: this is very interesting and every time frame analyzed shows the money is coming back into IMCL and at a stronger pace than in the past few months.

The first two days this week about $25 million has come into IMCL.

Over a one month period, we are about +$25m since the money flow rose and dropped in the interim, likely due to investor concern over whether there would be a secondary offering. Secondary has been filed.

The 2-month money flow depicts a couple of events for IMCL:

1) a slight deterioration in mid-Sept and larger drop over the patent issue. The patent issue was resolved in a couple of days and the money flow went from about -70 to +100m.

2) the money flow has remained at about the +100m level for about a month , until this week, where, mentioned above, about +$25m came in in the first two days.

On a 6-month money flow basis, we are about +$225m, with 25m of that coming so far this week.

On a 1-year time frame, money flow is about $325m with 25m in the first 2 days this week. The MACD and Moving Averages look more prounced and put into perspective the positive future outlook for IMCL.



To: Donaldm who wrote (1096)4/25/2000 7:46:00 AM
From: Donaldm  Read Replies (1) | Respond to of 2515
 
ImClone Systems Receives Notice of Allowability of U.S. Patent for TherapeuticCombination of Anti-EGF Receptor Monoclonal Antibodies and Anti-NeoplasticAgents
Tue Apr 25 06:46:00 EDT 2000

NEW YORK, Apr 25, 2000 (BUSINESS WIRE) -- ImClone Systems Incorporated
(Nasdaq:IMCL) announced today it has received notification from the United
States Patent and Trademark Office of the allowability of a patent claiming the
therapeutic combination of anti-Epidermal Growth Factor receptor (EGFr)
monoclonal antibodies and anti-neoplastic agents, for use in the treatment of
cancer. ImClone Systems' lead targeted cancer therapeutic, IMC-C225, is a
monoclonal antibody that inhibits EGFr and is currently being tested in late
stage pivotal studies.

The patent will cover a composition of matter of any EGFr monoclonal antibody
which inhibits the binding of EGF to its receptor, in combination with any
anti-neoplastic agent, as well as the therapeutic use of such combinations.

"This patent will solidify ImClone Systems' position as the leader in the
development of monoclonal antibodies which inhibit EGFr," stated Samuel D.
Waksal, Ph.D., President and Chief Executive Officer of ImClone Systems
Incorporated. "This patent along with others in our intellectual property
portfolio will provide ImClone with a distinct advantage in the development and
commercialization of our lead product candidate, IMC-C225."

IMC-C225, ImClone Systems' lead biologic cancer therapeutic, is being developed
to target and treat cancers that are positive for the Epidermal Growth Factor
receptor (EGFr), associated with tumor cell growth and repair in a number of
solid tumor cancers. The Company is conducting two Phase III clinical trials
evaluating IMC-C225 in combination with radiotherapy and with chemotherapy in
patients with advanced squamous cell head and neck carcinoma. In addition to the
Phase III studies, ImClone Systems is conducting a Phase II trial evaluating
IMC-C225 in combination with cisplatin in patients with refractory advanced
squamous cell head and neck carcinoma.

ImClone Systems is testing IMC-C225 in other indications as well. The Company is
conducting a Phase II trial evaluating IMC-C225 in combination with irinotecan
in patients with refractory colorectal carcinoma and, a Phase II study
evaluating IMC-C225 in combination with the anti-cancer agent gemcitabine in
patients with pancreatic carcinoma.

ImClone Systems Incorporated is advancing oncology care by developing a
portfolio of targeted biologic treatments, which address the medical needs of
patients with a variety of cancers. The Company's three programs include growth
factor blockers, cancer vaccines and anti-angiogenesis therapeutics. ImClone
Systems' strategy is to become a fully integrated biopharmaceutical company,
taking its development programs from the research stage to the market. ImClone
Systems is headquartered in New York City with manufacturing facilities in
Somerville, New Jersey.

Except for the historical information contained herein, the matters discussed in
this news release may include forward-looking statements. Actual results may
differ materially from those predicted in such forward-looking statements due to
the risks and uncertainties inherent in the Company's business, including,
without limitation, risks and uncertainties in obtaining and maintaining
regulatory approval, market acceptance of and continuing demand for the
Company's products, the impact of competitive products and pricing, and the
Company's ability to obtain additional financing to support its operations. The
Company undertakes no obligation to revise or update this press release to
reflect events or circumstances after the date hereof.

Distributed via COMTEX.

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