goldfinger
- 01 Sep 2004 15:33
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.
mitzy
- 03 Sep 2004 18:30
- 18 of 2444
The revised note is due anytime now with a valuation of up to 200m....DB is doing a round of presentations and this is the figure he is talking of over the next 15 months...
goldfinger
- 04 Sep 2004 23:10
- 19 of 2444
Mitzy post please post it as soon as you get it.
cheers GF.
andysmith
- 04 Sep 2004 23:18
- 20 of 2444
Note in IC confirms a possible re-rating but does not suggest by how much.
Question is whether to gamble and stock up early next week or wait and see, I suspect the former as we all know this is a gamble but with high rewards is success starts to achieved.
What do you think?
goldfinger
- 05 Sep 2004 00:07
- 21 of 2444
Hi andy, I beleive you are correct but I dont and wont go along with these Broker recos of 400p per share.
I beleive as short term 125p a share unless we get some visibility of earnings, which is very unlikely to say the least. Never the less I still stand by this one and feel it could have a fantastic future.
Cheers GF.
goldfinger
- 07 Sep 2004 00:23
- 22 of 2444
Hopefully we will get the new Brokers report in the next few days.
cheers Gf.
goldfinger
- 07 Sep 2004 10:29
- 23 of 2444
Started to move north again.
cheers Gf
goldfinger
- 08 Sep 2004 23:02
- 24 of 2444
Broker note anyone?.
cheers GF.
mitzy
- 09 Sep 2004 08:40
- 25 of 2444
Its been delayed for 3 weeks....
goldfinger
- 09 Sep 2004 09:52
- 26 of 2444
Some big news coming out then?.
cheers Gf
mitzy
- 09 Sep 2004 10:37
- 27 of 2444
Yes thats right but we will have to wait at least 3 weeks..
goldfinger
- 09 Sep 2004 23:13
- 28 of 2444
Thanks Mitzy, please keep us informed here with any info, seen you on the other big site, but please dont forget us.
cheers GF
windys160
- 10 Sep 2004 08:16
- 29 of 2444
what affect do you think the recent news will have on the company has a whole ?
banjomick
- 10 Sep 2004 08:17
- 30 of 2444
RNS Number:8144C
Medical Marketing Int'l Group PLC
10 September 2004
FOR IMMEDIATE RELEASE 10TH SEPTEMBER 2004
MMI ANNOUNCES FURTHER LABHOTEL(R) PARTNER
Medical Marketing International Group plc (MMI) (LSE:MMG) the Cambridge,
UK-based biopharmaceutical development company focussed on cancer, AIDS and
'superbugs' announces that it has reached an exclusive agreement with Corbett
Research, an Australian Biotechnology company at the forefront of the
development of genetic analysis laboratory equipment, to supply its systems to
MMI's LabHotel(R).
LabHotel(R) has a unique business model as it provides fledgling biotechnology
companies based at MMI's Bioscience Innovation Centre (BIC) in Cambridge, UK,
access to sophisticated equipment managed to industrial standards on a
short-term rental basis rather than incurring capital costs. LabHotel(R) already
contains laboratories dedicated to tissue culture, microbiology and protein
purification services with further services in the pipeline.
David Best, Chairman of MMI, explained: "We are delighted that another leader,
Corbett Research is supporting our LabHotel(R). The capital cost of equipment is
often prohibitive resulting in emerging biotech companies being unable to
generate quality data that will satisfy themselves, potential partners and
investors. MMI's LabHotel(R) solves this problem by enabling the manufacturers of
world-class equipment to install their systems in a professionally managed
purpose-built centre. Through this innovative service we believe that we will
increase occupancy as well as fee levels and create greater opportunities for
MMI to take advantage of investing in these exciting businesses as well as
providing essential facilities for our in-house biobabies. Our goal is that
LabHotel(R) becomes the centre of excellence for biotechnology".
John Corbett, Director of Corbett Research commented: "This innovative approach
provides excellent opportunities for start-up companies wanting proof of
principle. The Lab Hotel is the ideal venue for us as an organisation to
showcase our latest equipment and to work with emerging companies to help them
develop new technologies"
goldfinger
- 10 Sep 2004 11:22
- 31 of 2444
A good deal thanks for posting it Mick.
cheers GF.
goldfinger
- 12 Sep 2004 23:17
- 32 of 2444
Should have a good week after a strong finishing week to techs in the US and also broker upgrades across there.
cheers GF.
Jacks
- 17 Sep 2004 14:41
- 33 of 2444
How close are we to Medical Marketing shares taking off. I have been waiting for the broker update and a rapid move north this week. Any news would be much appreciated.
goldfinger
- 19 Sep 2004 20:31
- 34 of 2444
Jacks, Have to say it as become a little frustrating especially after a bad day on Friday.
Im sure we will get good news very soon.
cheers GF.
goldfinger
- 21 Sep 2004 00:18
- 35 of 2444
Still nothing but it will come.
cheers Gf.
andysmith
- 22 Sep 2004 20:56
- 36 of 2444
Mitzy,
You've gone quiet, is there a problem? Are MMG still be recommended as a strong buy? If so what's happened this week?
I'm not overly worried as I've been in since March and this share is up and down like a kangaroo on a spacehopper and I also believe pipeline iis such that potentially big rewards but having topped up in recent weeks it's a tad annoying to see these in the red or more to the point could have got more this week for the same dosh!
What news on the brokers note?
Andy
mitzy
- 22 Sep 2004 21:27
- 37 of 2444
No idea Andy I wish I knew but I really dont..a few sells today set off further stop losses as people panicked.We have the Agm mid Oct and a brokers note is due around about then; also results are due soon but have been delayed for some reason.Still holding for now and see what the Agm has to offer..