goldfinger
- 08 Apr 2005 10:23
Bought some of these this morning as Instiutional interest as really boiled up over them. They have just announced a very positive deal and from what I can see theres quite a lot of news flow in the pipeline to keep this one going throughout the rest of the year. Its highly speculative but give me a Bio company that isnt.
Heres just a little historical detail about the company from the last results prelims 31/12/2004.
HIGHLIGHTS
Listing on London Stock Exchange raised 55 million
Kerraboot(R) received UK Drug Tariff Listing at a reimbursement price
of 14
Kerraboot(R) UK sales showed steady upward trend in first six months
of primary care promotion
Second safety and efficacy study for Cerepro(TM) showed mean patient
survival time increased by 80% in malignant glioma
Trinam(R) received Orphan Drug Designation in the EU
First international out-licensing deal signed with Teva Medical for
Kerraboot(R) in Israel
EG005 Phase II in lipodystrophy completed enrolment
Finnish manufacturing facility received Good Manufacturing Practice
certification (cGMP)
Named patient supplies of Vitor(TM) made available at request of
investigators for patients completing Phase III study
Cash of 47 million at 31 December 2004
POST YEAR-END EVENTS
Patent for Trinam(R) granted by European Patent Office
Dr Nigel Parker, CEO of Ark, commented:
'We made substantial progress in all aspects of our business in 2004 and
demonstrated that we are delivering on key milestones during our first year as a
publicly quoted company. Our progress to date supports our belief that we are
well placed to achieve our goal of becoming one of a successful new breed of
diversified healthcare companies servicing areas of high clinical need in
hospital and specialist medicine.'
ARKs History
Ark Therapeutics Group plc
Ark is a specialist healthcare group (the 'Group') with one marketed product and
three further lead products in late stage clinical development. Capitalising on
over ten years of research in vascular biology and gene-based medicine, Ark has
a balanced product portfolio targeted at specific unmet clinical needs within
vascular disease and cancer. These are large and growing markets, where
opportunities exist for effective new products to generate significant revenues.
Ark's products are sourced from related but largely non-dependent technologies
within the Group and have been selected to enable them to be taken through
development within the Company's own means and to benefit from Orphan Drug
Status and/or Fast Track Designation, as appropriate. This strategy has allowed
the Group to retain greater value and greater control of clinical development
timelines, and to mitigate the risks of dependency on any one particular
programme or development partner. Ark has secured patents or has patent
applications pending for all its lead products in principal pharmaceutical
markets.
Ark has its origins in businesses established in the mid-1990s by Professor John
Martin and Mr Stephen Barker of University College London and Professor Seppo
Yla-Herttuala of the AI Virtanen Institute at the University of Kuopio,
Finland, all of whom continue to play leading roles in the Company's research
and development programmes.
You can find full details of the last results here, http://www.uk-wire.com/cgi-bin/articles/200503100700205623J.html
Worth a punt I feel but as I have previously stated its high risk.
DYOR.
cheers GF.
goldfinger
- 08 Apr 2005 12:33
- 7 of 78
Ready to tick up.
cheers GF.
jimmy b
- 08 Apr 2005 13:36
- 8 of 78
Quite like the look of this one GF,, im in , have you only bought in recently in the 120's...JB
goldfinger
- 08 Apr 2005 15:40
- 9 of 78
Yes just this morning Jimmy. Just in profit and its looking good for another move up.
cheers GF.
goldfinger
- 08 Apr 2005 15:58
- 10 of 78
Just added again spread moved into only 1/2p. Could have the tick up I was talking about.
cheers GF.
goldfinger
- 08 Apr 2005 17:20
- 11 of 78
A good day for my new signing.
cheers GF.
jimmy b
- 08 Apr 2005 18:14
- 12 of 78
Yes im in at 122.4p, looking back at shares mag they had a lot of positive press earlier this year.Cheers GF, might be another good one..JB..
dandu71
- 08 Apr 2005 19:49
- 13 of 78
I`m in today at 122.5. Looks good.
Quick Cash
- 08 Apr 2005 21:49
- 14 of 78
I'm in aswell great promise here, good summary GF and good luck all holders
goldfinger
- 09 Apr 2005 00:04
- 15 of 78
Wellcome aboard Guys Im hoping that the newsflow will lead to upgrades as we go through the year. Present broker targets I feel and they more or less say so aswell do not reflect the potential of this one.
PLease remember patience is the key, overnight gains are not made in any solid company.
cheers GF.
Chiva20
- 11 Apr 2005 10:49
- 16 of 78
Nice lift here this morning, didn't have to wait long ..!
Chiva
goldfinger
- 11 Apr 2005 12:59
- 17 of 78
Yup moving along nicely on a rotten day over all.
cheers Gf.
goldfinger
- 11 Apr 2005 15:26
- 18 of 78
Ticked up again over the lunch period.
cheers GF.
jimmy b
- 11 Apr 2005 15:31
- 19 of 78
Pleased with this one GF,
goldfinger
- 12 Apr 2005 01:28
- 20 of 78
Missed this last week Jimmy, I must be slipping. From the Investors Chronicle.
Tip Updates:
*Sell Cosalt (CSLT.L).
*Buy Speedy Hire (SDY.L) and Ark Therapeutics (AKT.L).
*Hold AttentiV Systems (ATN.L).
*African Diamonds (AFD.L) fairly priced.
cheers GF.
goldfinger
- 12 Apr 2005 08:49
- 21 of 78
Looks ready to tick up.
cheers GF.
dandu71
- 12 Apr 2005 09:06
- 22 of 78
Thanks GF, i`m in on this one and feel very confident about it finishing blue today. All the best.....
goldfinger
- 12 Apr 2005 23:11
- 23 of 78
Wellcome aboard Dandu71. Looking for a lot more capital appreciation here.
cheers GF.
goldfinger
- 13 Apr 2005 10:46
- 24 of 78
All buys this morning so far.
cheers Gf.
goldfinger
- 13 Apr 2005 16:14
- 25 of 78
Nice to see these moving upwards.
cheers Gf.
Roro
- 14 Apr 2005 08:52
- 26 of 78
Play of the Week in Shares mag this morning and an RNS