It is a low float 16.6 Million share stock, if they raise any cash. pps will go down quiet a bit. Any new corporate investor wil look for a deal..... How much. will this be more than $15....?
Recent Form 4 filings suggest will be in $3 Range not $2 range, yesterday dropped in $2 range and came backup $3 range within minutes... Looking for a PDUFA run...
thks a lot....... this will go ...PDUFA run...
WOW
Thought might not get, it did come again. this will bounce.
On Wednesday open.....
eom..........
How can you compare 15 cent per unit price put volume with $1 a unit price calls, there is a 6 fold diff in price.$$$$.
Its obvious that many believe this gets a positive Panel voting tomorrow, there wasn't a bear raid today. Usually a day before ADCOM panel you could see that volatility.
Has waited waited and finally at 3:50 loaded 20000 units call $11......
I am betting all my money on this.
Wedbush recently raised teh price target from $17 to $18 expect $17 Plus on Wednesday.
Are u sure, itis dilution of additional 1.5 million to gthe existing share float., i hope they bought shares in the open market option to buy.... please clarify.
That is a good sign, why now they should have bought when the price was at $4.30.
Next week pretty good events in Europe. will move over $6.
35 million shares short, good for the pdufa bounce.
Will see over $8 by the decision time.
GLTA........
Sentiment: Strong Buy
Roche Partnership with Peregrine Pharmaceuticals (PPHM)-Watch For It Ventures Sierra World Equity
prlog. org/ 11978300-roche-partnership-with-peregrine-pharmaceuticals-pphm-watch-for-it-ventures-sierra-world-equity.html
cancer. gov / ncicancerbulletin/091812/page3#b
New Drug Improves Survival in Patients with Advanced Lung Cancer
Patients with advanced lung cancer who received the drug bavituximab lived twice as long as trial participants who did not receive the drug. These results , from a phase II trial, were presented at the 2012 Chicago Multidisciplinary Symposium in Thoracic Oncology . Peregrine Pharmaceuticals, Inc., the drug’s manufacturer, sponsored the trial.
Bavituximab is a monoclonal antibody that targets a molecule called phosphatidylserine (PS) that is found in the membranes of cells throughout the body, including those that line blood vessels. In normal cells, PS is restricted to the inside of cell membranes, where it is inaccessible to antibodies. Under certain conditions, like those found in the stressful tumor microenvironment, PS moves to the outer surface of the cell membrane, explained the study’s principal investigator, Dr. David Gerber of the University of Texas Southwestern Medical Center. In the case of tumor blood vessels, this means that PS is exposed and accessible to antibodies in the blood.
Laboratory studies have shown that bavituximab can trigger the destruction of tumor blood vessels. The drug may also work by harnessing the immune system. Tumors supplied by blood vessels with exposed PS can evade an immune response. That’s because exposed PS normally marks cells that are in the process of dying, so the immune system ignores them. The researchers hoped to learn whether bavituximab, by binding to PS, would signal to the immune system to attack tumor blood vessels with exposed PS, explained Dr. Gerber.
In the double-blind, placebo-controlled trial, the researchers randomly assigned 117 patients to one of three treatment groups: docetaxel (Taxotere) plus placebo, docetaxel plus a low dose of bavituximab, or docetaxel plus a higher dose of bavituximab. All patients had previously received initial chemotherapy. The trial was unblinded 18 months after the first patient was enrolled.
The results showed differences in tumor shrinkage (15 and 18 percent of patients in the low and high bavituximab groups had their tumors shrink, versus 8 percent of those receiving docetaxel plus placebo) and progression-free survival (about 4.5 months in the two bavituximab arms, versus 3 months with docetaxel plus placebo).
The greatest differences were for overall survival; patients receiving docetaxel plus placebo lived an average of 5.6 months from the start of treatment, whereas patients receiving docetaxel plus the low or high dose of bavituximab lived for an average of 11 and 13 months, respectively.
These survival differences are not likely due to differences in treatment received after the trial, Dr. Gerber noted. Seeing a larger improvement in overall survival than in progression-free survival is unusual for drugs that target cancer cells directly, he added. Because the improvement in survival with bavituximab “is persistent and most pronounced after a few months,” that suggests that the therapeutic benefit may be caused, at least in part, by an immune response, he said.
The researchers are planning a phase III trial of bavituximab in a larger group of lung cancer patients. Bavituximab is also being tested in combination with other treatments in patients with breast, rectal, liver, and prostate cancer.
Sentiment: Strong Buy
Merck KGaA pulls second lung cancer drug filing
German drugmaker Merck KGaA has withdrawn its second attempt to win European approval for use of its Erbitux drug against lung cancer, capping a string of setbacks in its drug development.
Sentiment: Strong Buy
Since it is options expiration week, plus there are heavy september puts,
Exactly: Sheff's comment: Will revisit as they get closer to getting manufacturing issues resolved.
That is the whole point, will revisit only after the company resolves their manufacturing issues, not until then...
Retail traders are holding more shares than what insiders recently bought.
GLTA....
ON Friday sheff sold all his shares, he is smart.
He has 100k followers on twitter and highly rated member of biotech stock community.
Even AdaM F or Biorunup doesn't have that kind of following. they all regard him as one of the best disciplined trader.
For sure no matter what since it is a CRL it will delay atleast a year for LS launch, that is in my opinion best case scenario.
DCTH had issues with filing NDA, they received RTF meaning refuse ti file. their product is approved all accross except here in US. FDA issued them RTF for documentation thats all. How long did that take them almost 16 months to have a document.
Check out their recording the day when they received RTF, what was their comments on filing NDA , they used the same exact words like these NAVB CEO.
They will never clearly say anything....that will bring lawsuits. all they sauy is Quick Quick quick.... no time line under that word and no litigations or liabilities for using that word. easy word we will file as quickly as possible....
Nothing will stop.......MM's will kill this next week. Its a CRL...
CRL, meaning easy 1 yr gone.... checkout last 100 CRL. This is not something unique.
Many drug companies faced like these situations.
We will definitely see a 52 week low....$2.06