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


To: mlkr who wrote (2989)8/29/2011 3:05:26 PM
From: Jibacoa  Respond to of 3722
 
BCRX is up 15,48% on volume of 314Ks, which is already above its ADV.
bigcharts.marketwatch.com

BCRX designs, optimizes, and develops small-molecule pharmaceuticals that block key enzymes involved in infectious diseases, cancer, and inflammatory diseases.
It has three compounds in late stage development:
Peramivir, a neuraminidase inhibitor for the potential treatment of influenza.
BCX4208, a purine nucleoside phosphorylase inhibitor for gout.
Forodesine, a PNP inhibitor for cutaneous T-cell lymphoma and chronic lymphocytic leukemia.

BCRX reported a net loss of $16.3M for the Q2 that ended June 30 vs a loss of $10.2M in 2010.
That was about $0.36 vs. the expected $0.25.<g>
Revenues fell to $3.7M from $7.6M as government funding decreased because Piramivir's clinical trials reportedly are complete.<g>

The ACTAY is $6.50
But the insiders and institutions had been heavy sellers until recently. <g>bigcharts.marketwatch.com

Bernard