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


To: Jibacoa who wrote (3119)12/27/2010 12:49:15 PM
From: Jibacoa  Respond to of 3722
 
SPPI has continued its recent UT.
The stock is up another 6% with volume about 3/4 its ADV.

bigcharts.marketwatch.com

Last week it announced that the target enrollment had been reached for the PII of belinostat in Carcinoma of Unknown Primary. <g>

That PII, is being conducted and fully funded by SPPI's partner, Topotarget A/S.

Belinostat is an HDAC inhibitor with the potential safety advantage that allows for full-dose combination with other chemotherapeutic regimens, including carboplatin and paclitaxel.
Topotarget expects to have the results of that PII available in the 3rdQ. But final evaluation of overall survival is not expected until the first quarter of 2012.

The ACTAY is $10.38
SPPI has a relatively small LTD, but has been burning its cash at a good clip.<g>

With some good news the stock has plenty of room to run.<g>

bigcharts.marketwatch.com

Bernard