Biotech

Try Jim Cramer's Action Alerts PLUS
CLICK HERE NOW

ASCO Abstract Preview: ImClone, Genentech

05/08/08 - 06:59 AM EDT

Adam Feuerstein

I spent a couple of days culling through the thousands of ASCO abstract titles, looking for those that seemed the most significant to biotech and drug investors. However, this doesn't necessarily mean that there will be a lot of market-moving data, if any, in the actual abstracts when they're posted online May 15.

Sometimes, abstracts can be chock-full of clinical data that don't change much once the meeting gets under way and the final data are presented. In other instances, the abstracts are more placeholders, with little relevant information.

Therefore, I hope you'll use this list more as a guide to what might be potentially important information coming out of the ASCO meeting. And if shares of a certain cancer-related biotech stock move wildly up or down on May 16, you'll be able to check it against this list to see if the volatility is ASCO-related.

Without further delay, here is my list of notable ASCO research abstracts, in alphabetical order by company name.


Amgen AMGN:

Abstract No. 2051: Phase II study of AMG 102, a fully human neutralizing antibody against hepatocyte growth factor/scatter factor, in patients with recurrent glioblastoma multiforme.


Ariad Pharmaceuticals ARIA:

Abstract No. 3509: Deforolimus trial 106-A phase I trial evaluating seven regimens of oral Deforolimus (AP23573, MK-8669).


Arqule ARQL:

Abstract No. 3584: Phase I trial to determine the dose range for the c-Met inhibitor ARQ 197 that inhibits c-Met and FAK phosphorylation, when administered by an oral, twice-a-day schedule.

Adam Feuerstein writes regularly for TheStreet.com. In keeping with TSC's editorial policy, he doesn't own or short individual stocks, although he owns stock in TheStreet.com. He also doesn't invest in hedge funds or other private investment partnerships. Feuerstein appreciates your feedback; click here to send him an email.

Headlines & Perspectives

Biotech

Go To Section Home


05/05/08
Discovery Labs Holds Out Hope for Surfaxin

The stock Monday regains some of its sharp Friday losses on the company's positive response to FDA delays. But is the reaction overly optimistic?


05/03/08
Feuerstein's Biotech-Stock Mailbag

Outlooks for SuperGen's Dacogen and Myriad Genetics' Flurizan; more Q&A on ImClone's Erbitux, and more.


05/02/08
FDA Approval Delay Sinks Discovery Labs

Surfaxin receives an approvable letter, but the additional delays that accompany it send shares plummeting in premarket trading.


05/19/08
Cramer on Top Searched Stocks: Yahoo!

Yahoo! is among the most searched stocks on TheStreet.com. Here's what Cramer had to say about the stock recently.


05/17/08
Jim Cramer's Best Blogs

Catch up on his thinking on the hottest topics of the past week.


04/26/08
Coming Week: Make or Break

Investors will have to deal with a Fed meeting and another flood of earnings and economic data.


05/19/08
Top Rocket Stocks: Ensco

Ensco International and Echelon have the potential to move higher in coming days.


04/28/08
Monday's Analysts' Upgrades, Downgrades

See who made what calls.


05/19/08
Telecom Giants See a Savior in Video

The addition of video is helping telecom companies compete against cable and satellite companies.


05/19/08
Contract Expiration Tempers Oil's Rise

The June West Texas Intermediate contract reflects selling pressure ahead of Tuesday's expiration. But stocks in the sector are generally trading higher.


05/19/08
Analysts' Upgrades, Downgrades: Amazon

See who made what calls.


Your Recent Quotes: Quote Up0 | Quote Down0
Dow S&P 500 NASDAQ
Oil*
Gold
10 Yr
0.00%
%
%
%
Data delayed 20 min
Sign up for our FREE newsletters now.

Keep on top of the market and the critical information you need to make more profitable investing decisions.

  • Cramer's Daily Booyah!
  • Before the Bell

Privacy Policy

See All Free Newsletters

Premium Stock Ideas
Access Action Alerts Plus to find out Cramer’s latest picks now!