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


To: Jibacoa who wrote (2888)12/28/2010 11:08:36 AM
From: Jibacoa  Respond to of 3722
 
ATHX was up 26.10% earlier, but is up only 9.24% at present with volume of > 621Ks already about 9.8x its ADV.<g>

bigcharts.marketwatch.com

There are no recent news that I am aware.

The previous spike was when PFE announced that it was making an investment in ATHX and paying it to develop a treatment for inflammatory bowel disease.
That investment was of $6M upfront and $105M in potential milestones.<g>

ATHX is also developing therapies for heart disease, stroke and bone marrow transplant. <g>

There seems to be renewed interest on stem cells, with GERN also moving up yesterday, although not so today.<g>

The ACTAY on ATHX is $6.98
The stock hasn't completely closed its Dec2009 UG and has a good amount of resistance from the $3 to $4 level.

bigcharts.marketwatch.com

But it seems worth to keep an eye on it.<g>

Bernard