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Biotech / Medical : Oncothyreon -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (2007)7/9/2007 12:36:50 PM
From: Jibacoa  Read Replies (1) | Respond to of 2344
 
BIOM Traded today above its Jul-Jun Hs, but volume remains light. (Nothing like the 5.9M of April 9 & Dec 12.<g>)

bigcharts.marketwatch.com

The stock is trying to get off from the DT coming from the Apr 9 H at 1.51

bigcharts.marketwatch.com

The loss for the 1stQ was cut down some, but revenues were down more than expected.

BIOM announced last week that it has submitted an IND to the FDA for PX-478.

PX-478 has shown in preclinical studies that it can inhibit HIF-1 alpha, a protein that controls the transcription of a number of genes whose products are important for tumor growth and survival.

In these preclinical studies, PX-478 produced significant tumor regression and growth delay in multiple models of human cancers, including cancers of the lung, breast, prostate, colon, kidney, pancreas and ovary.

Bernard