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


To: Jibacoa who wrote (1246)7/18/2005 10:35:03 AM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
KOSN Is up for 2nd day on a roll after it nnounced today that it has secured a $35M line of credit.<g>

The $35M is being provided by Silicon Valley Bank and upon drawdowns converts to a five-year term loan with a 2yrs of interest-only payments and a balloon payment at the end of the five-year period.

The stock is up more than 13% today.

bigcharts.marketwatch.com

KOSN Reportedly has around $2.13 in cash/shr, but it is expected to have a loss around $1.10/shr in 2005 and $0.95 in 2006. It also had a negative cash flow around $22M <g>

Bernard



To: Jibacoa who wrote (1246)7/20/2005 11:47:01 AM
From: Jibacoa  Read Replies (2) | Respond to of 3722
 
MLNM Opened with an upgap and had good upvolume in the first few minutes of trading. It seems it may get to test its January 14H at 11,42 in the near future, but it first needs to go over its intraday double top at 10.59AM-11.02AM at the 10,50 level.<g>(The stock is now trying to find support at 10.38 <g>)

As previously mentioned, last Monday it announced that it was starting a PII of MLN1202, its humanized monoclonal antibody, in patients with relapsing-remitting MS

MLN1202 is supposed to block CCR2 chemokine receptors and to prevent the infiltration of immune cells into inflammatory sites.

MLNM Reportedly has around $1.85 in cash/shr and is expected to cut its loss to $0.35/shr vs. $0.59 in 2004 and for 2006 a further cut is expected to $0.07/shr.<g>

Bernard

P.S. There was a 563,818 downtick at 11.47AMfrom 10.40 to 10.36 albeit it recovered some since then on low volume,g>