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


To: Jibacoa who wrote (2004)12/21/2007 1:05:51 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
NRMX Had a good intraday spike at 12:19 pm ET on an uptick of 14Ks & was up 19.27% at the time.(It is up only 10% at present.<g>)

bigcharts.marketwatch.com

On Tuesday the Motley Fool said that the refusal of the EMEA to approve KIACTA, was the "Final Nail in Neurochem's Coffin".<g>

NRMX reported a lower loss in the 3rdQ in spite of 57% lower revenues, but the ELs for 2007 & 2008 are around $1.85 & $1.20/shr, & it has around $1.90 negative CF

The stock is down from its Dec 2006 H of $26.51. It reportedly has around $71M in cash, but it doesn't have any other drug candidates which could be submitted for approval to the FDA or the EMEA.(Besides its KIACTA for amyloidosis,the other drug in its pipeline is tramiprosate, which it plans to market as ALZHEMED for Alzheimer's & CEREBRIL for cvas due to cerebral amyloid angiopathy.

bigcharts.marketwatch.com

Bernard