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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (382)9/11/2003 4:23:48 PM
From: WhatsUpWithThat  Respond to of 3722
 
Did't get that close over 9 on INGN. Heavy vol day, but not a great showing IMO on such a positive day overall.

Guess I'll sit back a bit and see what's going to happen with it.

Thks
WUWT



To: Jibacoa who wrote (382)9/11/2003 4:26:28 PM
From: Jibacoa  Read Replies (2) | Respond to of 3722
 
As mentioned here earlier,Rodman & Renshaw started coverage of INGN this morning with a Mkt Outperform and a target $20

They stated that the stock's valuation does not reflect the mkt potential of its key driver, Advexin gene therapy, which they estimate could be a $1 bln worldwide mkt opportunity; also,they say that INGN 241 is an early but exciting pipeline prospect, <g> and they think that the stock's low valuation reflects the suspicion surrounding gene therapies in general and is unwarranted.

IMHO, INGN 241 has an even greater potential than ADVEXIN, since pre-clinical trials have determined that INGN 241 suppresses growth of many cancer cells, including those of the breast, lung, colon, prostate and central nervous system, while not affecting growth of normal cells.

While ADVEXIN depends on p53 been present, INGN 241 kills cancer cells, even if other tumor suppressor genes, including p53 or p16, are not functioning properly,and it appears that mda-7 functions via a novel mechanism of tumor suppression.

In pre-clinical trials it seems that besides its known activity as a tumor suppressor gene, INGN 241 may also stimulate the body's immune system to protect it against cancer, thereby offering the potential of providing an added advantage in treating various cancers because it may attack cancer using two different mechanisms.

INGN 241 may also work effectively as a radiation sensitizer to make several types of human cancer cells more susceptible to the anti-cancer effect of radiation therapy as indicated in its pre-clinical work.

Introgen has also published results of a pre-clinical trial indicating that INGN 241 may suppress the growth in-vivo of non-small-cell lung cancer through apoptosis, in combination with anti-angiogenesis.

Caveat: I am long,enthusiastic,hopeful,optimistic and enjoying a 400% run on INGN.<g> (I am already making plans for a celebration party if the stock gets to $20 while I am still alive.<g>)

siliconinvestor.com

Bernard