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


To: Jibacoa who wrote (2250)3/24/2008 4:57:14 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
AUXL was up 13.61% on volume of 1,498,686 above its ADV

The stock is trying to get off its near term DT coming from its Feb 12 H at $36.14

bigcharts.marketwatch.com

One "analyst" upgraded the stock to "Buy" from "Hold," saying that he expects positive data on its PIII of Xiaflex,but another "analyst" downgraded the stock to "Sell" from "Neutral" , saying that the evidence linking the drug to tendon ruptures could delay the approval and launch of the drug.

Xiaflex treats Dupuytren's contracture,which some claim is somewhat more prevalent among diabetics,although it isn't uncommon on elderly people which have suffered from some chronic trauma to the flexor tendons of the hand, albeit the ultimate etiology is not known.

AUXL has 4Qs of double digit improvement on revenues, which have also increased on a sequential basis, & has been trimming its losses, but the EL for 2008 is still around $1.10

The Feb H was an all time H

bigcharts.marketwatch.com

Bernard