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


To: Jibacoa who wrote (1710)12/1/2006 9:22:30 AM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
MGRM Is due to open on an upgap after some news,reversing yesterday's dip.<g>

It announced that PFE plans to establish a multi-national Expanded Access Program (EAP) that will make its investigational CCR5 antagonist maraviroc available to HIV/AIDS patients who have limited treatment options due to resistance or intolerance. (MGRM's co-receptor tropism assay, (Trofile), was used for patient selection.)

Last month MRGM secured a 10M credit line from MER & had a "buy" recommendation from LAZ & this week also from CE Unterberg Towbin.<g>

On a close above $2 it may get to retest its Oct.5 spike at the 2.70 level.<g>

bigcharts.marketwatch.com

MRGM has a small LTD, trades around 5.2xBV & has a short position close to 16x its daily average volume.The list of institutional & mutual fund holders is pretty good for a stock of this price level.<g>

finance.yahoo.com

Its LTC is "interesting" <g>

bigcharts.marketwatch.com

Bernard



To: Jibacoa who wrote (1710)7/17/2007 4:39:54 PM
From: Jibacoa  Respond to of 3722
 
DRRX Also had a good move today after it announced positive results from a 122 patient PIIb of POSIDUR for treatment of post-operative pain in patients undergoing inguinal herniorrhaphy

The stock was up 19.3% at its intraday H of $4.45 at which it traded at 12:45PM & 1:10PM. The UG remained unclosed & the stock was up 18.23% for the day & still trying to retest its intraday H AHs.<g>

bigcharts.marketwatch.com

With the positive results of the PIIb of POSIDUR, DRRX is due to receive $8M "milestone payment" from NTMD, which is a collaborator in the trial.

With some further good news DRRX could start getting off its longer term DT coming from its Sep-Oct double top at the $7.40 level.<g>

bigcharts.marketwatch.com

I am more interested in NTMD, which has been trimming its losses consistently, had better revenues on the 1stQ & had some deals with ELN on Feb12

Bernard