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Biotech / Medical : XOMA. Bull or Bear? -- Ignore unavailable to you. Want to Upgrade?

To: Cacaito who wrote (15386)	6/21/2001 10:17:57 PM
From: Bluegreen	Respond to of 17367

Cacaito can you explain this post......you know the part about entrants????>>>>>>>>>>>>>>>>>>>>To:Icebrg who wrote (927) From: Icebrg Thursday, Jun 21, 2001 4:02 PM Respond to of 934 Robbie Stephens had the following to say about MEDI-507 the other day. MedImmune, Inc. [NASDAQ: MEDI $40.69] Buy Michael King, Biotechnology "Coming out of our visit with MedImmune last week, we were most excited about lead compound MEDI-507, a currently in Phase II trials for the treatment of psoriasis," said King. "MEDI-507 is a humanized antibody which binds and blocks the CD2, the same target for Biogen's Amevive. MEDI will present results on MEDI-507 in psoriasis for the first time at the International Psoriasis Symposium in San Francisco this Saturday. Investigators will present results from three Phase I/II trials which tested MEDI-507 in both intravenous and subcutaneous formulations. Since Biogen's Amevive serves as a proof-of-principle for MEDI-507, we expect MEDI-507 to demonstrate promising results in psoriasis. Biogen's Amevive already has been shown to be an effective and safe treatment for psoriasis. Psoriasis represents a significant market opportunity, with at approximately 450,000 patients with moderate-to-severe disease seeking treatment. While MEDI-507 will not be the first entrant, we believe the market can certainly accommodate at least a few successful drugs when MEDI-507 launches in 2004. In our opinion, MEDI-507 may provide a positive surprise at the psoriasis meeting. We believe this will be an important event for MEDI whose pipeline has lacked visibility recently." robertsonstephens.com. <<<<<<<<<<<<<<<<<<<<<<<<<<<