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


To: Jibacoa who wrote (2768)6/1/2010 12:26:04 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
ANDS was up 7.59% and is still up 4.64% at present with volume of > 787Ks already > its ADV

The stock is trading above the resistance at the $2.50 level

bigcharts.marketwatch.com

It announced last week that it has retained Lazard Freres as its strategic advisor as it pursues various avenues aimed at value recognition for its stockholders from its non-nucleoside polymerase inhibitor, ANA598, in development for the treatment of hepatitis C. <g>

ANDS recently released positive safety and antiviral response data at the conclusion of 12 weeks of dosing ANA598 in combination with pegylated interferon and ribavirin in an ongoing PII.

Its CEO said: "We look forward to working with Lazard as we pursue options to maximize recognition of the value inherent in the ANA598 program."

ANDS plans to raise $12.5M
Among its strategic alternatives are selling or licensing its hepatitis C drug, ANA598 and even the potential sale of the company.<g>

As mentioned, the ACTAY is $5
It seems that with some good news it could get to the $4 level. <g>

bigcharts.marketwatch.com

Bernard