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


To: Jibacoa who wrote (1929)10/3/2007 3:26:53 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
After doubling in price from its Aug 27 L of $4.98 to its intraday H of $9.86 on Sep 26 SNTA met with some resistance & "profit taking".<g>

But it is now up for 3rd day on a roll after some positive comments from Rodman & Renshaw, which initiated coverage with a "Market Outperform" rating and a $16 price target.<g>

bigcharts.marketwatch.com

In Sep 2006, SNTA reported positive results from a PIIb of its STA-4783 in 81 patients with malignant melanoma, which reportedly reached its primary endpoit.

A PIII is expected to start on the 4thQ with more than 600 patients at 150 cancer centers worldwide. SNTA has stated it expects to sign a partnership for STA-4783 by the end of 2007.

SNTA is also developing STA-9090 and STA-9584, which are in preclinical development; and Oral CRAC ion channel inhibitor program that is in the lead optimization stage for the treatment of autoimmune diseases.

Will see how SNTA handles its resistance at the $10 level.

bigcharts.marketwatch.com

Bernard



To: Jibacoa who wrote (1929)2/26/2008 10:51:28 AM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
CALP has continued to try finding support above the $4 level.<g>

Today it is down 6.58% on moderate volume of 18,542 about 0.2x its ADV

bigcharts.marketwatch.com

It announced today that it entered into an agreement with AntiCancer to establish a cross-licensing relationship and end all outstanding patent litigation.

CALP will acquire the right to sublicense AntiCancer's fluorescent protein optical imaging patents to third-parties, & AntiCancer will acquire the right to sublicense Caliper's optical imaging patents, in the field of fluorescent protein imaging.

As previously mentioned, CALP has 4Qs of double digit improvements on revenues & on the 3rdQ (Sep) it reported on the black $0.03 vs. the loss of $0.16 in 2006. The loss for 2007 is expected around $0.14/shr vs. $0.26 in 2006

The stock trades around 1.4xBV with little LTD & has now small +CF in spite of its long Hx of losses. The insiders hold > 10% & institutions around 30%. It seems that the R/R isn't bad at present levels.

The March 2002 H was $202 <g>

bigcharts.marketwatch.com

Bernard