Avian Flu Update and Possible Hot Tip

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  • billyjoe
    Senior Member
    • Nov 2003
    • 9014

    Avian Flu Update and Possible Hot Tip

    This came out today in the online version of Medical Laboratory Observer printed magazine not out yet.

    12/15/06 Avian Flu Update

    As of press, the incidents of H5N1 in 2006 are 111, with 76 fatalities. On Nov. 25th, South Korea confirmed its first case of infected poultry in 3 years, resulting in the culling of 5.3 million birds. Scientists, however, believe they may have found a weakness in the virus. As Agence France Presse reported on Dec. 7th , a vulnerability in the loop of the protein tail could possibly be comprised enough to stop the virus from replicating. A new drug has shown promise as a potential frontline treatment. Peramivir, developed by BioCryst Pharmaceuticals, is in Phase 11 trials and should be approved within 2 to 3 years. On the diagnostic front, Nanogen was recently awarded a CDC contract to develop a unique multianalyte point of care assay for influenza. The product under development has been designed with yjhe company's currently used technology for cardio-infarction products, which deliver results in as few as 15 minutes. Used in conjunction with seasonal flu testing, the new assay would help lessen the impact of a pandemic through earlier diagnosis.

    BioCryst Pharmaceuticals BCRX trade at 11.82 today up nearly 4% on volume 65% above normal

    --------billyjoe
  • billyjoe
    Senior Member
    • Nov 2003
    • 9014

    #2
    Update: Cramer apparently commented on this stock in February and it proceeded to advance from 13 to 17. At one time early this year it was as high as 23. There are reports that Peramivir has failed in phase 3 testing when taken orally. Current phase 11 testing is as an injected drug.

    ---------billyjoe

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    • dmk112
      Senior Member
      • Nov 2004
      • 1759

      #3
      made some money off BCRX last year on this issue...it fizzled out and then the stock tanked
      http://twitter.com/DMK112

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