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Microcap & Penny Stocks : Cryogenic Solutions Inc. (CYGS) -- Ignore unavailable to you. Want to Upgrade?


To: DOC who wrote (1831)7/22/1998 8:26:00 PM
From: Cavalry  Read Replies (2) | Respond to of 4028
 
huge step forward for antisense see this release

BETHESDA, Md., July 22 (Reuters) - The first in an entirely new class of biotech drugs called "antisense" compounds got the backing of federal advisers Wednesday.

The 5-2 vote of confidence means the drug, Isis Pharmaceuticals <ISIP.O> Vitravene (fomivirsen), could be approved by the U.S. Food and Drug Administration (FDA) within months, since it is on a fast track review.

Vitravene was recommended for both newly diagnosed cytomegalovirus (CMV) retinitis or CMV retinitis that has not responded to available drugs.

The viral infection hits AIDS patients in the late stages of the disease and can cause blindness.

5-2 vote didn't squeak by, first approval for antisense.
Cav



To: DOC who wrote (1831)7/22/1998 8:31:00 PM
From: Cavalry  Respond to of 4028
 
ISIP UP HUGE IN AFTERHOURS TRADING AFTER HUGE ANTISENSE NEWS
AFTER THE BELL - Isis Pharmaceuticals rises

NEW YORK, July 22 (Reuters) - Shares of Isis Pharmaceuticals <ISIP.O> rose sharply in after-hours trade Wednesday after news that a U.S. advisory panel had backed the company's drug, Vitravene, which is used for a retinal blindness that affects AIDS patients.

Isis traded at 17-1/2 on the Instinet system. The stock, which was halted Wednesday for pending news, closed Tuesday at 13-7/16.

Starting to see cygs could explode at any real news.
Cav



To: DOC who wrote (1831)7/22/1998 8:52:00 PM
From: Cavalry  Respond to of 4028
 
Joe Kernan will talk about isip and antisense in am, see this post
To: Scott H. Davis (2114 )
From: jopawa Wednesday, Jul 22 1998 5:53PM ET
Reply # of 2127

Scott,

I have rethought my original post, and now tend to agree with you. My negativity maybe shown through because of all the negative price action recently. More importantly, short term you will see a bounce partly because it caught the eye of Joe Kernan on CNBC, and he will be talking about it on their morning show. That is always good for a bounce, probably at least 3 points in the morning."

good night all cygs longs
Cav