This ones a heck of a specualive investment but it seems that the institutions are willing to stomp up the cash to back it in the long term.

Heres the latest news from Killik stocbrokers on the company..........

MEDICAL MARKETING Joint Venture

We recently highlighted Medical Marketing (MMG) as worthy of attention. The company, in which I have a personal share holding, has this morning announced the formation of a joint venture, Genvax, to develop a novel DNA vaccine platform technology.

Human trials have been underway since 2001 in areas such as Lymphoma and Myeloma but the technology has broad applications in cancer, viral and bacterial infections (hence the term platform). The technology works on boosting the immune system by teaching it to identify hard to recognise cancer proteins as foreign and destroy them. Early results from the 25 patient trial in lymphoma are encouraging and evaluation of the result is expected by March 2005. Successful results should mean big pharmaceutical groups will start to take financial and commercial interests around that time.

This looks to be the first of a series of announcements due from Medical Marketing as it has a range of predominantly cancer trials moving into the clinical stage. (news flow could push the price higher)

The stock has made good progress in recent sessions up to the mid-80p level where the company is valued at just under 40 million. ENDS.

Please DYOR

cheers GF.

Another move up, a sea of blue, NICE.

cheers GF.

He's too canny to get caught on this one. I expect he's reversed his position.

MS

I would have thought he closed a week ago or else he has lost a bundle.
Notice the 50K T trade a shorter closing perhaps.

Might be Evil getting rid of his last few.

cheers GF.

If this goes back up to 250+ do you think the shorters will return?

MS

I suspect that buyers will return as the sp steadily increases to 240p and that there will be new buyers coming in pushing the sp back to 300p.

mitzy what would your realistic price estimate be if a big pharma did move in.

Gone in again at 211p.

cheers GF.

No news from Evil K on MMG although the short still shows on his shorting list. Silence from him usually means things are going against him and hes certainly well down on his second tranche which I think he sold in the 170s. His first one was sold at around 250p and he was 200k up a few weeks back. Foolish for him to stay in much longer.

cheers GF.

MMG don't need a big pharma for Genvax as the supposed 6/7 clinical trials will be sponsored by charities. This means they can get better value in that they can get further through the clinic.
Would expect a licence agrrement on NHL Lymphoma first as this has completed successful phaseII.
MMG would like a big pharma on board for RU and might be playing one against the other in licencing deal.
Bearing in mind the recent high profile failures from the big pharmas, I would imagine the competition to sign up is pretty hot.


Mr Best said recently that recent single cancer drugs in P2 have been signed by big pharmas at between $500m and $2bn. For a multi platform it will be many multiples.

Valuation is too silly to print but I'm sure you can figure it out.

Interesting slant Pete on Genvax. Anyway its going up whoever takes the parts forward.

cheers GF.

GOLDFINGER whats your opinion about tomorrow,which way this stock will open,just another thought.

Well the way the Dows going up 80 plus at the moment I would say up for sure. Mind nothings certain in life. Im looking for around 250p to 300p for the Ruthenium post results (dont know if we will get them tomorrow). I hope people dont forget to lock in some profits this time. Last time I remember a few here highly dissapointed because they hadnt done that. 'Lop the top' off your holding when you are satisfied that you have made a nice profit, because beleive me others will. You dont have to sell them all and if things go to plan we will see them rise again.

cheers GF.

You better believe it GF, once bitten ..

Damn right GF. I made that mistake last time, and then Evil took the piss by sending it down even further.

A big buy at the very end there for 73 thousand shares. Someone in the know?.

cheers GF.

Yea that's me gf I wish.

MS

could anyone give me some opinion, if as I bought in @295, very likely I have to wait for long to get that price back. If I keep holding it, is it wise to do that? any suggestion is welcome please.

I think it is advisable to buy to average, as MMG has a bright future.

I was going to do exactly that this time Goldfinger ,last time i could of banked a sizeable amount and got back in for more.Its a hard lesson i have learn`t but like you say i will only off load some .Swseun i agree with hlyeo you should buy to average out your cost price but you really should of done this Friday or today to really bring it down.
DB66