Rochester, NY 7/2/2009 12:16:52 AM
Morning Report - HEB - Moving Forward for Hemispherx's Ampligen - Sourced WhisperFromWallStreet.com
Hemispherx Biopharma, Inc.
Morning Report - HEB - Moving Forward for Hemispherx's Ampligen - Sourced WhisperFromWallStreet.com
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HEMISPHERX BIOPHARMA,HEB
2.47 Down 0.07 (2.76%) 1:01PM ET
At the end of another week, nothing has yet to be resolved concerning Ampligen. Will the flu scare change the their perception in the public eye? Possibly, but probably it won't carry any weight with the FDA and another clinical (and expensive) trial will be required. Keep a close eye on your own health and if you get the sniffles, think what might being going in the mind of HEB Ceo Bill Carter, who might decide it's in the best interest of the company to pull its' Ampligen application. If this was done voluntarily, it could be perceived as a strategic move, rather than waiting for a very possible "NO" form the FDA. If this happens, or even if it doesn't, it's likely the company will spend some time focusing its resources on a flu vaccine booster.
Last Trade: 2.46
Day's Range: 2.38 - 2.55
52wk Range: 0.25 - 4.54
Volume: 2,083,188
ABOUT
Hemispherx Biopharma, Inc., a biopharmaceutical company, engages in the clinical development, manufacture, marketing, and distribution of new drug therapies for the treatment of viral and immune based chronic disorders. The company's products include Alferon N Injection for the treatment of genital warts; and Ampligen, an experimental drug that is in human clinical development for the treatment of myalgic encephalomyelitis/chronic fatigue syndrome, HIV, renal cell carcinoma, and malignant melanoma. Its products also comprise Alferon LDO, a low-dose, oral liquid formulation of natural alpha interferon for influenza and viral diseases, which is in the early stage of development; and Oragens for the treatment of viral diseases and disorders of the immune system. Hemispherx Biopharma, Inc. was founded in 1990 and is headquartered in Philadelphia, Pennsylvania.
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