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.
seawallwalker
- 22 Mar 2005 14:30
- 773 of 2444
Another bloodbath?
Not really it seems
mickeyskint
- 22 Mar 2005 14:34
- 774 of 2444
Bloddy shite.
MS
seawallwalker
- 22 Mar 2005 14:39
- 775 of 2444
Seems to be holding at 170ish at the mo, and in come some buyers.
Not too bad.
mitzy
- 22 Mar 2005 14:42
- 776 of 2444
MM's overreaction as usual similar to Septs news.
mickeyskint
- 22 Mar 2005 14:49
- 777 of 2444
Pass the Valium.
MS
ronlloyd
- 22 Mar 2005 14:52
- 778 of 2444
pressed the wrong buttons...
mitzy
- 22 Mar 2005 16:04
- 779 of 2444
MM's trying to get peoples to sell at 170p and they succeeded for a while but the big buyers are back and pushing up the price to near high of the day.
goldfinger
- 22 Mar 2005 16:04
- 780 of 2444
Excellent news. Should get some rave right ups in the papers and fincial press this week.
cheers GF.
goldfinger
- 22 Mar 2005 16:11
- 781 of 2444
Short term speculators out, buyers returning in strength and I can understand why. Dont think many have realised the impications of the news. Please read the AFX announcement.
Cheers GF.
stuartth1309
- 22 Mar 2005 16:19
- 782 of 2444
Just hit 200p offer!!!!
mickeyskint
- 22 Mar 2005 16:22
- 783 of 2444
GF, Mitzy
Luv you.
MS
goldfinger
- 22 Mar 2005 16:23
- 784 of 2444
He He,lovely just lovely.
cheers GF.
mitzy
- 22 Mar 2005 16:26
- 785 of 2444
I must admit I bought in 5 mins before the Rns at 186p and then it fell to 170p within 5 mins.. but hey its all academic now as its reached my 210p level I predicted.Just imagine a vaccine for cancer within 2 years..off shopping now..!
goldfinger
- 22 Mar 2005 16:28
- 786 of 2444
Some have missed the massive impications of this..............
Medical Marketing to raise stake in Genvax to 58 pct from 50 pct
AFX
LONDON (AFX) - Medical Marketing International Group PLC said it will raise its stake in Genvax to 58 pct from 50 pct and that Genvax will use the new investment to help the commercial development of its cancer therapies.
Genvax also said it concluded an exclusive worldwide licence withCancer Research Technology Ltd to commercialise DNA fusion gene technology.
newsdesk@afxnews.com
jc
cheers GF.
mickeyskint
- 22 Mar 2005 16:32
- 787 of 2444
How many weeks away will the next news be?
MS
doughboy66
- 22 Mar 2005 16:33
- 788 of 2444
Just woke up this great news! well done Goldfinger just the tonic i needed.My portfolio needed some medication !!!
DB66
goldfinger
- 22 Mar 2005 16:35
- 789 of 2444
Weeks I thought it was days Mickey. Well take Easter weekend holiday away and it will.
cheers GF.
mickeyskint
- 22 Mar 2005 16:38
- 790 of 2444
Bring it on baby.
I feel a pint coming on.
MS
goldfinger
- 22 Mar 2005 16:46
- 791 of 2444
Me too.
cheers GF.
rob308
- 22 Mar 2005 17:07
- 792 of 2444
hi guy's, just got in from work.
Phoned my pal from work today and asked him to check the sp for me... down 4.5%...... bugger...........just got home and seen the close price
Well done to everybody who has held their nerve
A happy rob!