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.

I'm not too sure about that gf..I would have thought there would be more volume today than there has been .. see you later.

Got to say boys, I can't see 2 by results.

MS

Nice to se it going up by 4p this afternoon, Ill take that for the moment and a bit more by close.

cheers GF.

Gone up another penny 5 on the day so far.

cheers GF

These are large volumes for mmg.......... compare to volumes of a month ago.
rob

GF, thanks for posting the Times article.
I cant help but think the news will be good, news was/is leaking out, it always does.
I am a tad concerned that the market has already indexed in the anticipated good news however I am still confident that MMg is undervalued when you take into consideration, aside from genvax, the numerous other products under r&d.

fingers crossed.... I am staying right here

Cheers. Rob

Has doubled from the mid 80's level since gf began this thread back in Sept last and theres more...I can see 200p looming.

Scsw has no mention of the 3 bios they visited last month..

200p easily achievable... 600p is a fair value once ruthenium comes on the market

Thers a great amount of excitement building up on this one with just 5 days to go before the big annoucement on Friday and many pundits are forecasting 200p on good news so lets hope there not wrong..of course the big news is ruthenium which could be the blockbuster that could transform MMG's fortunes but we will have to wait a while longer for that one.

Should see gains up to this Friday the 18th day of the results.

cheers GF.

Ruthenium I would guess is at least 3-4 years away from market bearing in mind it has not even entered Phase 2.
So is your valuation 600p in 3-4 years time?

Mitzy

Will I be smiling on friday.

MS

Yup and will I ?.

cheers GF.

NICE TO SEE MMG MOVING TO NEW HIGHS.

Yes now through 160p. Should be a lot more to come.

cheers GF.

That volumes getting mighty high. Looks to me like we have a lot of speculators on board awaiting the news on Friday.
cheers GF.

On a late surge +5 now.

I agree there are plenty of new buyers buying in today but do not worry they can smell a quick profit of 20% on this to reach 200p by Friday..I reckon they are worth considerably more long term.Anyone notice the big T buys in late trading.

There were a lot of sells that went through at the end of the day.I think i might bank my profit come Thursday, if i wait till Friday and the news is bad i won`t get chance to sell as i will still be at work.Thanks for this one Goldfinger it makes a nice change for me to be looking at a profit.
DB66