GenVec, Inc. (GNVC)
A biopharmaceutical company, which develops novel gene-based therapeutic drugs and vaccines.
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In recent clincal trials, Genvec's leading drug TNFerade (TM) has received very encouraging results for head,neck & esophageal cancers. For more information, please go to the companys web site: www.genvec.com The target price of $20.00 could be met from one month to within three years.
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Got in with real money at 1.75 based on what they have in the pipeline.
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They are in third phase trials for their main product which had promising results last year. This year they got the FDA to allow them to change the wording of the goal of the trials from 12month survival rate to overall survival rate, which is much more in line with their initial results (which showed a 10 month survival increase if I remember correctly). This should allow their trials to be successful and streamline FDA approval.
They also inked a deal with a UK company to mass produce the Adenovector that is their main product. This shows me that they are expecting approval for the pancreatic treatment and are getting everything ready to roll out the product.
This same treatment is also being tested for other types of cancers.
They also have contracts with government and world organizations for vaccines for malaria and AIDS, plus are developing a treatment for hearing and balance loss.
I think that if (and I suspect it will) their first product for pancreatic cancer is approved and starts to sell, then the other cancer treatments will not be far behind.
I bought this in the $3 range (I have lost 50%), but it is a long hold. I expect to start seeing a turn around towards the end of summer 08, with a large increase in the 1st quarter 09 based on when I believe approval and manufacturing will begin.
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Long term pick here, the ups and downs over the short term are going to be the results of day traders looking to make a few cents a share on hundreds of thousands of shares.
These guys look very promising and am consifdering purchasing the stock with LTBH in mind.
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Well because I'm getting it so much cheaper than everyone else. And they are increasing cash flow.
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sudnwealth, IV
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i think we've hit a bottom here.
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I like the price and the market that GNVC is after.
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Today's news of the ASCO conference caused a 30% drop in the GNVC stock price. I believe that the company will figure out why the trials were unsuccessful. Like Edison and his filaments, the "light" will come on for GenVec.
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this stock will continue to rise. It has contracts with the Navy and other services that will bring in revenue look for this stock to take off
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Went up too fast. Wait a few months until it consolidates down in the $2 range.
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The Vaccines they are developing with the navy ie malira and the HIV will push this company.
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Good product & management.
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Good products in the pipeline. Wait and see.
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Good business model, market niche and business practices. Joining a completive industry but with government ties. Products show positive results. Management is strong and not flipping.
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Management + pipeline + baby boomers
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This small pharma has a significantly better than average chance of moving forward with a true blockbuster drug. Financials are good, with a decent amount of cash and very little debt.
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Several very promising drugs, vacs, low market cap a rarity in small biotech, good ratings by pundits/analysts
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Cawabonga!!!!

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