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MEDICAL MARKETING, A Speculative Punt That Might Reap Rich Rewards (MMG)     

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.

goldfinger - 20 Apr 2007 01:35 - 2309 of 2444

Very interesting Mickey.

mitzy - 20 Apr 2007 09:35 - 2310 of 2444

My bet is they will be trading at 200p come the Malaga conference and if MW is correct the prostate vaccine could be the news everyone is hoping for..I am buying .

Looking great gf.

mitzy - 25 Apr 2007 09:29 - 2311 of 2444

Added a few more yesterday and today they have put on a few pence ...any one feel they are due a bounce..?

goldfinger - 25 Apr 2007 11:18 - 2312 of 2444

Yep I certainly feel that this one is going to go on a good run.

Having said that I dont wont the speculators in like last time.

mitzy - 25 Apr 2007 18:57 - 2313 of 2444

Up 9p on the day gf although they were higher intraday still reckon more to come this is only the start of a run as I said at beginning of the year this could really take off once pi,s realise the breadth of MMI,s vaccine bank..

cheers.

goldfinger - 25 Apr 2007 23:07 - 2314 of 2444

Most certainly Mitzy but Im trying to keep a low profile here this time.

regards GF.

mitzy - 26 Apr 2007 09:13 - 2315 of 2444

I dont blame you gf but this time its different..

goldfinger - 26 Apr 2007 09:23 - 2316 of 2444

Think your right Mitzy and the SP is doing well this morning.

Heres the RNS....

Medical Marketing Int'l Group PLC
26 April 2007


MMI confirms board appointments


April 26th 2007

Medical Marketing International Group plc (MMI) (AIM:MMG) the pharmaceutical
company focused on the development of drugs for cancer and infectious diseases,
today confirms that, as previously announced on 9th March 2007, Chris Banks
joined the Board of the Company on 1st April. As intended, and with effect
from 24th April 2007, Chris Banks has been appointed as Senior Independent
Director and Chairman of the Audit Committee which has been re-instated.

The current composition of the Board Committees is now as follows:

Committee Chairman Members Secretary
--------- ----------- ----------------- -----------

Audit Chris Banks Mike Rance, James Brenton James Brenton

Remuneration Mike Rance Chris Banks, James Brenton James Brenton

Nomination David Best Chris Banks, Mike Rance, James Brenton Mike Rance

David Best, Chairman of MMI commenting on these appointments said 'Chris is
already making a significant contribution to MMI and his considerable experience
on the boards of mid-cap companies is especially useful at this stage in the
Company's development'.

Contacts

Medical Marketing International Group plc Rob Sprawson

David Best

mitzy - 26 Apr 2007 09:46 - 2317 of 2444

Well they are certainly making lots of new jobs gf as DB says their experience is useful at this stage in the companys development...says it all.

mickeyskint - 26 Apr 2007 15:19 - 2318 of 2444

From the other side. Looks like we could soon be on the move.

With the caveat that U.S. broker Thomas Weisel has previously raised capital for Inovio, they issued this note yesterday, focussing attention on DNA vaccines.

For MMG-watchers, there is a highly significant excerpt from the recommendation of its GenVax division's DNA vaccine delivery partner: "Early human data on electroporation in at least one indication (e.g., prostate cancer and/or malignant melanoma) are expected in late May 2007, which could potentially lead to additional, large-scale partnerships for Inovio, in our view."

This is a clear reference to GenVax's Ph I/II trials - and yet another indication that the news, when it comes, is going to be big. And if its big for Inovio, it will likely be huge for MMG ... and will probably come with a rash of "second derivative" U.S. buying IMHO. Text follows :

Inovio Biomedical Corporation (INO; $3.72; Cap $130mn; Overweight) Initiating coverage with an Overweight rating.

Initiating coverage with an Overweight rating: We are initiating research coverage of Inovio Biomedical Corporation (INO) with an Overweight investment rating on the shares. We believe the companys electroporation technology represents a novel, tissue-sparing treatment option for cutaneous cancers with much broader applicability in various solid tumors. Although investors appear focused on this facet of Inovios business, we believe the companys gene delivery technology represents significantly untapped value, targeting multibillion-dollar market opportunities.

Proprietary electroporation technology: Inovios MedPulser instrument introduces localized electric pulses that open pores in cell membranes. This temporary poration allows for the entry of low dose chemotherapeutic agents for cancer therapy or larger proteins for the purpose of prophylactic or therapeutic vaccination or gene therapy.

Shows promise in oncology: In phase II studies, Inovio has demonstrated that combining electroporation with low doses of bleomycin resulted in complete responses (CR) of 26% in recurrent, late-stage head and neck (H&N) cancers and 80% CR in newly diagnosed H&N tumors. Two phase III H&N cancer trials are ongoing in the United States with results expected in 2009.

but value lies in gene delivery: We believe the real value in Inovio lies in its DNA vaccine and gene delivery business, which addresses extremely large markets including melanoma, HIV, hepatitis B and C, human papillomavirus and anthrax. Early human data on electroporation in at least one indication (e.g., prostate cancer and/or malignant melanoma) are expected in late May 2007, which could potentially lead to additional, large-scale partnerships for Inovio, in our view.

Valuation: Our 12-month price target of $8 is based on a sum-of-the-parts analysis of Inovios two business units: oncology and gene delivery. The companys oncology franchise comprises $1.60 of our price target (2012 SECTA revenue estimate discounted 25% annually and a 2.0x multiple) and gene delivery comprises $6.30 (40% of Pfizers $400mn PowderMed acquisition). Risks to our price target include: (1) disappointing early human results from Inovios DNA vaccine pipeline candidates, (2) failure to attract additional, exclusive partnerships in both oncology and gene delivery, (3) disappointing results from the companys ongoing phase III trials in SCCHN and/or phase I/II trial in breast cancer and (4) failure to raise additional capital either through a partnership or returning to the capital markets.

Estimates: Mar Q $1.1mn, $(0.10); Dec '07 $4.7mn, $(0.39); Dec 08 $4.5mn, $(0.39)

Yee-Haa...hang onto your hats !

el

mitzy - 26 Apr 2007 19:12 - 2319 of 2444

I,m sticking with my prediction of 1500p within 2 years after all we went from 3p to 300p within 18 months 2 years ago.
I ma confident for 2007 being a great year for DB.

goldfinger - 27 Apr 2007 00:08 - 2320 of 2444

Gob smacked on that prediction.

You could be right .

neilmcleod - 27 Apr 2007 07:41 - 2321 of 2444

Mitzy,

At 1500p, the market cap would be less than 1bn. If any one of MMG's 3 products passes all the tests, I reckon we could see a valuation in excess of this figure in the long term !!...

Long way to go though, and I agree with a 2-year target of 1500p.

NM

mitzy - 27 Apr 2007 09:39 - 2322 of 2444

Hi neil:

Glad your a holder and plan to hold for 2 years like me.

Its a mini Glaxo to me with the chance of 3 therapies coming to the line at once...the DNA vaccines, Oncosense the novel anti cancer treatment, and the Hiv drugs.
Compared to Antisoma and OXB which are the nearest rivals MMG is valued at one third of their values so which ever way you try to put a value on the bio babies MMG are undervalued..

neilmcleod - 27 Apr 2007 10:28 - 2323 of 2444

Hi Mitzy,

I've been a holder since August 2001, when I bought a few at 80p. I then watched them slip down to a few pence, and I remember thinking of selling them to cut my losses, only to realise that dealing charges etc would wipe out just about any return !! Over the years, I have instead added to my holdings, and I now have (what I would call) a reasonable size holding.

I am full of confidence for the future with this Company. I understand the risk involved, but the potential returns seem dramatic to say the least. Another 2 years isn't too long in the overall plan for me, but events may overtake us in the interim if one of the big pharmas decides they want MMG's developments for their own. If that does happen, from what I have seen, Dr Best will not allow a cheap takeover - he seems a very clever businessman as well as an expert on cancer treatment, and I believe we are in good hands!!

Good luck to all in MMG - enjoy the ride.


NM

goldfinger - 27 Apr 2007 10:47 - 2324 of 2444

Its certainly looking very positive.

mitzy - 27 Apr 2007 18:31 - 2325 of 2444

Dr Best is a clever guy Neil and will not sell the company cheaply I believe he will hold out for at least 250p a share minimum.

neilmcleod - 29 Apr 2007 14:36 - 2326 of 2444

Mitzy, I would imagine Dr Best has a much larger figure in mind.

Remember, he has stated that MMG are taking some trials to a later stage before involving partners, to get more value for shareholders by having a lower risk product to offer which will be much more attractive to the big boys (and much more expensive of course !)

I'm sure he will be thinking along the lines of at least 10+ per share , assuming the newsflow continues positively. Personally, I won't be selling at less than 10, unless the situation takes a marked turn for the worse, and the shares bomb.... This is looking more unlikely with every passing day however, as the story develops.

Remember also that there are 3 blockbuster drugs in the pipeline....Any one of them could command a 10 per share rating for MMG if they come good. If they ALL make the grade, than the sky is the limit !!

mitzy - 01 May 2007 09:15 - 2327 of 2444

Get a feeling with todays announcement that Db is pushing the sales pitch as far as possible lets hope there is not too much hype this time.

goldfinger - 01 May 2007 11:32 - 2328 of 2444

Indeed mitzy.

We dont wont the cock up that went on last time.
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