|
|
|
ONLINE FEATURES
Book Reviews
BW Video
Columnists
Interactive Gallery
Newsletters
Past Covers
Philanthropy
Podcasts
Special Reports
BLOGS
Auto Beat
Bangalore Tigers
Blogspotting
Brand New Day
Byte of the Apple
Economics Unbound
Eye on Asia
Fine On Media
Green Biz
Hot Property
Investing Insights
Management IQ
NEXT: Innovation
NussbaumOnDesign
Tech Beat
Working Parents
TECHNOLOGY
J.D. Power Ratings
Product Reviews
Tech Stats
Wildstrom: Tech Maven
AUTOS
Home Page
Auto Reviews
Classic Cars
Car Care & Safety
Hybrids
INNOVATION
& DESIGN Home Page Architecture Brand Equity Auto Design Game Room SMALLBIZ Smart Answers Success Stories Today's Tip INVESTING Investing: Europe Annual Reports BW 50 S&P Picks & Pans Stock Screeners Free S&P Stock Report SCOREBOARDS Hot Growth 100 Mutual Funds Info Tech 100 S&P 500 B-SCHOOLS Undergrad Programs MBA Blogs MBA Profiles MBA Rankings Who's Hiring Grads |  |
JULY 30, 2007
A Promising Pipeline At Pipex  Little-known Pipex Pharmaceuticals (PP
) may have a stable of winners in the making. Its lead drug Coprexa, which has completed two Phase III trials, has an "orphan drug" designation (for rare ailments) to treat neurologic Wilson's disease, a genetic metabolic disorder. Coprexa is set to be on the market by mid-2008, says Laurence Bleicher of Noble Financial. "This oral drug is already worth more than what Pipex' stock is selling for," he says. That comes on top of two other applications for Coprexa that Bleicher sees as big winners. One is a further oral formulation called Trimesta, for women with multiple sclerosis. It has completed Phase I/II trials, funded by a $5 million grant from the National Multiple Sclerosis Society and National Institutes of Health. Pipex is also developing Coprexa for idiopathic pulmonary fibrosis, which finished Phase I/II trials as well. High levels of copper result in such conditions, says Bleicher. Steven Winters, president of Gemini Strategies, which owns shares, says Pipex' drugs aimed at major markets are attracting investors. He sees the stock, now at 5.35, doubling in a year.
Note: Unless otherwise noted, neither the sources cited in Inside Wall Street nor their firms hold positions in the stocks under discussion. Similarly, they have no investment banking or other financial relationships with them.  By Gene G. Marcial
BW MALL
SPONSORED LINKS
Get BusinessWeek directly on your desktop with our RSS feeds.
Buy a link now! Add BusinessWeek news to your Web site with our headline feed. Click to buy an e-print or reprint of a BusinessWeek or BusinessWeek Online story or video. To subscribe online to BusinessWeek magazine, please click here. Learn more, go to the BusinessWeekOnline home page  | | |
 Copyright 2007, by The McGraw-Hill Companies Inc. All rights reserved.Terms of Use | Privacy Notice |
Printer-Friendly Version