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


To: Jibacoa who wrote (2206)2/20/2008 3:16:02 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
INGN has been up 12.8% & still is up 9.85% on volume of 199.4Ks, which is above its ADV, but the stock is still below the resistance at the $3 level.<g>

bigcharts.marketwatch.com

The short ratio is still > 30x its ADV & it seems that the shorts are starting to get nervous about any possible positive news on Advexin's NDAs.<g>

With some good news the stock can easily double to the $6 level.<g>

bigcharts.marketwatch.com

Last week it announced that its INGN 225 was starting a PII in patients with SCLC that was supported by $1.3M award from NCI

The PII will be led by Dr. Alberto Chiappori, in the Department of Interdisciplinary Oncology at Moffitt, & will evaluate the efficacy and safety of INGN 225 in as many as 80 patients with extensive stage SCLC at multiple centers.

Bernard