Dawson James Securities Discusses 2007 Outlook for Biopure and Viragen

Date : 01/04/2007 @ 5:03PM
Source : PR Newswire
Click here for ADVFN's up to the minute news service. Access our extensive collection of financial news from around the world including US, Europe and Asia.
<< Back

 



Dawson James Securities Discusses 2007 Outlook for Biopure and Viragen

BOCA RATON, Fla., Jan. 4 /PRNewswire/ -- Dawson James Securities, a full- service investment firm serving the healthcare and biotechnology industry, discussed the outlook for Biopure Corp. (NASDAQ:BPUR) and Viragen, Inc. (AMEX:VRA) for 2007.

The interview with Stephen M. Dunn, Director of Research at Dawson James, included topics on Biopure such as the recent FDA Blood Products Advisory Committee vote on the U.S. Navy's clinical trial of Biopure's Hemopure in trauma patients. Mr. Dunn stated "I believe most of the media coverage was unduly fixated on the vote rather than the actual guidance from the Committee, which was in fact, quite positive. The very important favorable news was that the Committee felt Hemopure's benefits outweighed the risks but that a smaller 300-500 patient Phase II trial designed specifically for out-of-hospital trauma should be conducted. This now provides a regulatory pathway for Hemopure, which has been on clinical hold since June 2005."

Mr. Dunn also discussed Viragen which received regulatory approval for Multiferon in Sweden as a 1st-line treatment for malignant melanoma. He stated "It is possible that Multiferon could be sold in up to four of the largest European markets by the end of 2007 or early 2008. With almost 60,000 new malignant melanoma patients being diagnosed in Europe annually, Multiferon could provide significant benefit to thousands of patients."

The entire interview may be heard at http://www.ceocast.com/ with a direct link at http://www.ceocast.com/(ciq22g55fpaz3f30uw1gp5jx)/company.aspx?id=20314 Registration is free of charge.

About Dawson James Securities:

Dawson James Securities is a full service investment firm with deep expertise in healthcare and biotechnology and having a staff of over 50 investment professionals providing institutional research, investment banking and high net worth services to our clients. More information is available at http://www.dawsonjames.com/

Disclosures:

Dawson James has acted as an investment banker for the companies mentioned above and the Firm and/or its directors and employees may own securities in the companies and may increase or decrease holdings in the future.

The analyst certifies that 1) all of the views expressed accurately reflect his personal views about any and all of the subject securities or issuers discussed; and 2) no part of the research analyst's compensation was, is, or will be directly or indirectly related to the specific recommendations or views expressed by the research analyst; 3) the analyst responsible for preparing this research report receives compensation based upon various factors, including total revenues of Dawson James and its affiliates, a portion of which is generated by investment banking activities and 4) the analyst and/or members of their immediate family do not own stock in the companies mentioned.

Contact: Dawson James Securities Stephen M. Dunn, 561-208-2905 Fax: 561-391-5757

Dawson James Securities is a member of the National Association of Securities Dealers, CRD number 130645.

DATASOURCE: Dawson James Securities

CONTACT: Stephen M. Dunn of Dawson James Securities, +1-561-208-2905, or

fax, +1-561-391-5757

Web site: http://www.dawsonjames.com/

http://www.ceocast.com/

<< Back


Viragen Historical Chart Viragen Intraday Chart  
Period


LSE and PLUS quotes are live. NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions :: Contact Us :: Request an Exchange :: Affiliate Scheme
Copyright1999-2008 ADVFN PLC. Copyright and limited reproduction :: Privacy Policy :: Investment Warning :: Advertise with us :: Data accreditations :: Investor Relations :: Press office :: Jobs
ADDITIONAL SERVICES AVAILABLE FROM ADVFN
Upgrade - Click here for more information on ADVFN premium services Money Words - ADVFN Financial Glossary Investor Training ADVFN Financial Bookshop Online Training Academy
31 site:2us 081007 19:52 Stock Message Boards ( 2001 | 2002 | 2003 | 2004 | 2005 | 2005 | 2007 )