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NEWS & COMMENTS PROHOST
TRIMERIS. (TRMS): Worldwide and North American sales attain second highest quarter ever. Total worldwide net sales of FUZEON for the second quarter 2006 were $57.2 million, an increase of 6 percent over the second quarter of 2005. Net sales of FUZEON outside the U.S. and Canada for the second quarter 2006 were $26.2 million, a decrease of 9 percent from the second quarter of 2005.
Will the firm become profitable soon? This is what investors should verify.
READ MORE: Trimeris Reports Second Quarter 2006 FUZEON Sales Results
GILEAD SCIENCES (GILD) agreed to exercise its option to purchase Corus Pharma for $365 million. Gilead anticipates that the deal would close in the third quarter of 2006. Concurrently, Gilead and Novartis Vaccine and Diagnostics, Inc. have entered into an agreement whereby Novartis has agreed to dismiss its ongoing litigation with Corus for an undisclosed payment.
HOMEWORK: Technological assessment of Corus. its pipeline and its products' expected market volume. We are doing this homeework for our subscribers who can read our final opinion in the upcoming Prohost publications.
READ THE NEWS: Gilead Sciences Agrees to Exercise Its Option to Acquire Corus Pharma for $365 Million
BIOMIRA (BIOM) announced publication of study results showing that Stimuvax®, formerly known as BLP25 Liposome Vaccine could slow rising Prostate Specific Antigen (PSA) levels in some post-surgical prostate cancer patients, delaying the need for initiation of androgen deprivation therapy (ADT).
READ MORE: Biomira Stimuvax(R) (L-BLP25) Prostate Cancer Study Results Published
Eye
AMGEN (AMGN): Will announce financial results today. GERON (GERN): The firm’s patents and achievements vs The President’s veto against the use of embryonic stem cell research.
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Prohost is independent publication providing information on biotech companies. Prohost does not accept compensation from companies that are featured or profiled. It is strongly recommended that any purchase or sale decisions to any of the featured companies be discussed with a financial advisor or broker prior to completing any such purchase or sale decision. All statements or expressions are the opinion of Prohost and are not meant to be a solicitation or recommendation to buy, sell, or hold securities. Investing in embryonic companies, micro-cap and growth securities is highly speculative and carries a high degree of risk. It is possible that an investor can lose all of his/her investment in this type of companies that are profiled. The information that Prohost relies on is either through the profiled company, news services, research reports, interviews, or other outside sources that Prohost believes are reliable. Prohost makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure of the profiled companies and accepts no responsibilities for inaccuracies or misleading content in any material supplied by those clients. There can be no assurance that future events relating to the profiled company will occur as anticipated. The information contained herein is provided as an information service only. Past performance of featured companies does not guarantee the future success of any currently featured or profiled company. We encourage our readers to invest carefully and read the investor information provided by the Securities and Exchange Commission ("SEC") and/or the National Association of Securities Dealers ("NASD"). We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at: http://www.sec.gov/consumer/cyberfr.htm |
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