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


To: Jibacoa who wrote (2572)9/2/2009 1:47:05 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
MDCO is up for 3rd day on a roll and is closing its May 13 DG, the day it announced that it was canceling its PIII of Cangrelor,because results were not showing advantage over Plavix.<g>

Today's volume is already above 5M > 8x its ADV, but below the 15,303,700 that traded on May 13.<g>

bigcharts.marketwatch.com

Today it announced that it had received a new patent for Angiomax, and on Monday it had announced the publication in Lancet of data showing that Angiomax reduced cardiac mortality and improved survival in a study involving 3000 patients with ST-elevation myocardial infarctions,compared with those that were treated with heparin plus a platelet glycoprotein inhibitor.(Both groups had been pre-treated with angioplasty.)

But the stock still faces a good amount of resistance at the $10 level. MDCO has 4Qs of better revenues, but earnings have been lower in the last 3Qs and the EE for 2009 are around $0.30 vs. the $0.72 earned in 2008.

bigcharts.marketwatch.com

Bernard



To: Jibacoa who wrote (2572)9/3/2009 10:04:42 AM
From: Jibacoa  Respond to of 3722
 
CRIS opened with a good UG and is trading above its Apr 2007 H of $4.35 <g>

bigcharts.marketwatch.com

Today it announced that two publications describing clinical data generated with GDC-0449 were published in the NEMJ

One entitled “Inhibition of the Hedgehog Pathway in Advanced Basal-Cell Carcinoma,” provides an overview of the PI data for the 33 patients treated in this study.

The other paper is a case study entitled “Treatment of Medulloblastoma with Hedgehog Pathway Inhibitor GDC-0449,” which provides an overview of the treatment of a single adult medulloblastoma patient with GDC-0449.

CRIS doesn't have significant LTD, but has been burning its cash at a good clip.<g>

bigcharts.marketwatch.com

Bernard