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


To: Jibacoa who wrote (2864)6/1/2010 12:47:18 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
QCOR was up 8.65% and is still up 6.12% with volume of > 1.09M already > its ADV

bigcharts.marketwatch.com

An FDA advisory panel said Acthar was safe and effective as a treatment for infant spasms at a meeting on May 6.
It is expected to have an FDA decision on June 11 <g>

Acthar is QCOR's primary drug.
It also markets Doral, for the treatment of insomnia.

QCOR is among the rarest group, that has been able to make an all time H this month as it traded above the resistance at the $10 level and above its April 30 H <g>

The 1stQ results (March) were good and the EE for 2010 & 2011 are around $0.60 & $0.75 vs. $0.40 in 2009

The ACTAY is $13.50
It seems that if it can get a thumbs up from the FDA on its Acthar and its present momentum, the stock could easily get to the $15 level.<g>

bigcharts.marketwatch.com

Bernard