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$67.38 -0.40 (-0.59%)
10/15/2008 4:00 PM

ImClone Systems, Inc. (IMCL)

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A biopharmaceutical company which advances oncology care by developing and commercializing a portfolio of targeted biologic treatments designed to address the medical needs of patients with a variety of cancers.

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Avatar mdriver78 (< 20) Submitted: 6/02/08 5:33 AM : Outperform Start Price: $40.50 IMCL Score: 98.19

From a Reuters report, "researchers claim another step closer to the "Holy Grail" of so-called personalized medicine, whereby information about a patient's genotype is used to select medication.





The study, looking at a subset of subjects from a larger clinical trial, found that colon cancer patients whose tumors contained the normal, or wild type, KRAS gene could gain a significant benefit from Erbitux treatment, while those with a mutated KRAS gene saw no benefit from the ImClone drug."





The results, presented at the American Society of Clinical Oncology (ASCO) meeting in Chicago, demonstrate that a genetic test could help rule out roughly one-third of patients whose cancer would not be helped by the expensive biotechnology drug, as well as identify those most likely to benefit.





The results present a socially responsible Company looking to target patients that will be helped by the Erbitux Drug and not just looking at the bottom line which is Company I would like to be invested in.





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