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To: JeffA who wrote (45442)1/21/1999 10:47:00 AM
From: QuietWon  Respond to of 119973
 
IMCL - cancer drug works on humans (entremed's doesn't & entremed doesn't have phase II yet); IMCL has phase II.

Needs approval to enter phase III as any other drug. When they get that the stock will rocket! 50% of a biotech stock's movement comes from entering phase III until completion of phase III (ie Marketing approval).