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


To: Jibacoa who wrote (2291)2/26/2008 2:45:00 PM
From: Jibacoa  Respond to of 3722
 
PRAN opened with an UG & is is still up 42% on volume of 1,520,082 about 50x its ADV.

bigcharts.marketwatch.com

It announced today that PBT2 has demonstrated safety and tolerability and reduced Abeta 42, in a PIIa in patients with early AD. It also improved executive function performance in select cognitive tests.

PBT2 had previously shown, in transgenic mouse,that it could inhibit the toxic oligomers of Abeta that is thought to cause the functional damage in AD.

In this PIIa in 78 patients in Sweden and Australia were randomized to receive either a placebo, PBT2 50mg or PBT2 250mg 1x daily for 12 weeks & the data demonstrated that the safety and tolerability profile of PBT2 at both doses was similar to that of placebo.

It seems that the stock should have no problem in closing above its Jan 14 H of $4.90 The Apr 2004 H was $10.50 & the Sep 2002 H at the time of its IPO was $12.80 <g>

bigcharts.marketwatch.com

Bernard