Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

EIRx Therapeutics PLC (ERX)     

driver - 30 Mar 2006 17:03

About ERIX
EiRx Therapeutics is a specialist provider of pre-clinical therapeutics to the pharmaceutical industry. Our unique scientific expertise and knowledge in the field of Apoptosis provide a sound base to discover and develop new medicines that will safely and selectively repair this natural process in disease. The potential benefits from these new medicines are enormous, since as many as 70% of all human disease have some defect in the control of Apoptosis.
Apoptosis - the biological process that determines whether cells in our bodies live or die...
http://www.eirx.com/index.html

Purchased some of these on the strength of the PROGRESS UPDATE looks promising.
http://moneyam.uk-wire.com/cgi-bin/articles/200603200701130254A.html

ERX interview with John Pool
http://www.wallstreetreporter.com/interview.php?id=18589&player=real
Latest News
CANCER COLLABORATION WITH BIOMERIEUX SA
http://moneyam.uk-wire.com/cgi-bin/articles/200607120700230534G.html
Biomerieux Web Site
http://www.biomerieux.com/servlet/srt/bio/portail/home
ABOUT ERX Focus Of The Month
http://www.billamag.net/focus-document-text.asp?FocusTextID=1
ERX pdf filehttp://www.eirx.com/eirx_heading_images/Yokohama2005.pdf
19/09/2006 A 50% reduction in breast tumour volume size seen with Eirx lead molecule in animal studies
http://moneyam.uk-wire.com/cgi-bin/articles/200609190700171175J.html

Past and present collaborative partners include:


* bioMieux SA
* Almac Diagnostics Ltd
* Merck & Co, Ltd
* Biofocus plc
* MGI Pharmaceuticals, Inc
* OSI Pharmaceuticals, Inc
* Sareum plc
* Regen Therapeutics plc
* SR Pharma plc

potatohead - 20 Dec 2006 16:56 - 861 of 1180



BUY ERX OR THE KITTY GETS IT

Marcel1970 - 20 Dec 2006 22:55 - 862 of 1180

Laurie i wouldn't read much into 3:2 sale on 10 mil share as this is only 30,000 hardley anything compared with it's market cap.

Marcel1970 - 21 Dec 2006 11:16 - 863 of 1180

WAS IT THIS QUIET THE DAY BEFORE LAST YEARS RESULTS?

potatohead - 21 Dec 2006 12:33 - 864 of 1180

yes. and guess what the SP rocketed ;-)

nice to see a repeat performance

smiler o - 21 Dec 2006 12:37 - 865 of 1180

looking at the chart for last year it went up mid Jan to .34

potatohead - 21 Dec 2006 12:46 - 866 of 1180

yes but we are going to get significant news and today i was wished a very happy christmas by JP.. do you think he is trying to tell me something in code..

i,e, you will be well happy mate.. dont worry!!! ;-)

i think he is saying that..

laurie squash - 21 Dec 2006 13:52 - 867 of 1180

500,000 just went through well above the sp price @ 0.32p?

potatohead - 21 Dec 2006 13:54 - 868 of 1180

there is a party going on over at the darkside, your invited

laurie squash - 21 Dec 2006 16:49 - 869 of 1180

RNS is out! First impression is a fund raising in April 2007 and no sign of any milestone payments.

KEAYDIAN - 21 Dec 2006 17:06 - 870 of 1180

Over to you Potatohead!

driver - 21 Dec 2006 17:30 - 871 of 1180

Key points

EiRx stands to earn milestones and royalties on the successful development of ZYC300. A similar success-based milestone arrangement pertains to the Company's licensing of drug targets to OSI Pharmaceuticals (NASDAQ: OSIP). The Board will update the market if and when such milestones are reached.

EiRx and Almac Diagnostics view the signing of this agreement the first phase of a strategic alliance that is expected to expand as the companies work together to develop enhanced treatments for colorectal cancer.


ERX entered into an agreement with bioMerieux SA, the leading international diagnostics group headquartered in France. Should we enjoy success in our collaborative technical programme we would expect to progress to technology licensing and ultimately to generate milestone payments and revenues from the development of new cancer diagnostics products by bioMerieux.

Efficacy of ERX3722 in breast cancer model
These molecules are currently undergoing further development and optimization for the treatment of breast cancer; a market estimated to be worth $6.2 billion per annum. Other cancer indications will also be sought for these molecules and/or their optimized derivatives.

EiRx's main discovery effort aims to identify novel cancer kinase inhibitors, and several recent third-party licensing deals indicate the impressive valuations being placed on such products at the late preclinical stage. These include Rigel's licensing of the aurora kinase inhibitor R763 to Serono (total potential value of $160M, with $25M upfront), CGI's licensing of the multi-kinase inhibitor CGI1842 to Genentech (total potential value of $500M, with $25M upfront), Plexxikon's licensing of the PLX4032 inhibitor of mutant B-Raf kinase to Roche (total potential value $660M, with $40M upfront) and Piramed's licensing of its PI3-kinase inhibitor programme to Genentech (total potential value of $230M).

I believe this recent licensing activity in EiRx's chosen field bodes well for
EiRx's future prospects, but also indicates the stage of development at which
the Company can expect to secure a significant license deal.

smiler o - 21 Dec 2006 17:33 - 872 of 1180

Thanks for the recap driver, more news tomorrow you think ??

Marcel1970 - 21 Dec 2006 17:33 - 873 of 1180

Driver do you think the share price will drop or go up the the result reported?

driver - 21 Dec 2006 17:46 - 874 of 1180

Marcel
Its the new funds that is the problem punters on the other side want jam right now, IMO erx has a lot going on and payments could come at any time or a development announcement that will see the sp surge I will not be selling just adding on any dips ERX looks like a good long term play I was buying at .17 and would do so again if it ever gets there.

Marcel1970 - 21 Dec 2006 17:51 - 875 of 1180

Thanks for your opion

RichF - 21 Dec 2006 18:32 - 876 of 1180

Have read the rns and the part that stood out for me was this....

EiRx's main discovery effort aims to identify novel cancer
kinase inhibitors, and several recent third-party licensing deals indicate the
impressive valuations being placed on such products at the late preclinical
stage. These include Rigel's licensing of the aurora kinase inhibitor R763 to
Serono (total potential value of $160M, with $25M upfront), CGI's licensing of
the multi-kinase inhibitor CGI1842 to Genentech (total potential value of $500M,
with $25M upfront), Plexxikon's licensing of the PLX4032 inhibitor of mutant
B-Raf kinase to Roche (total potential value $660M, with $40M upfront) and
Piramed's licensing of its PI3-kinase inhibitor programme to Genentech (total
potential value of $230M).

I believe this recent licensing activity in EiRx's chosen field bodes well for
EiRx's future prospects, but also indicates the stage of development at which
the Company can expect to secure a significant license deal. To reach the late preclinical stage common to the recent license deals listed above, EiRx will
require a minimum of two to three years' further research and development.

driver - 21 Dec 2006 20:32 - 877 of 1180

RichF
And your point is.

driver - 21 Dec 2006 20:55 - 878 of 1180

Raising more funding is not a negative, if that is what is needed for further development them let them raise it we will benefit in the end.


Bioprogress recently raised funds with a placing at 50p in sept they stand at nearly 70p

Also ASM raised 26.3m and we didn't even know it was coming, the sp lost a few points now it's on the up.

London UK, 15 December 2006 Antisoma plc (LSE:ASM, US OTC: ATSMY)
today announces that it has raised approximately 26.3 million before
expenses.

Marcel1970 - 22 Dec 2006 08:06 - 879 of 1180

I think the MM will milk the share holders trying to bail out this morning.

Newtrim - 22 Dec 2006 08:11 - 880 of 1180

Where's the potato head gone! Would be interesting to hear their comments.
Register now or login to post to this thread.