ACUS ... Anyone familiar with it? TIA
Coming off a nasty spill from $6 down to $3.50's. Just starting to graze on it some before and major dd. Here's the latest news release/propaganda.
Acusphere Completes First Commercial Scale Batch Of AI-700
7:32 AM EDT July 11, 2006
DOW JONES NEWSWIRES
Acusphere Inc. (ACUS) produced a full commercial scale development batch of AI-700, the company's lead product candidate.
AI-700 is an ultrasound contrast agent in development for the detection of coronary heart disease.
The New York biotechnology company said data from production of AI-700 under "current good manufacturing practices" is intended to be part of the new drug application submission, scheduled for the first half of 2007.
Acusphere said AI-700 is currently in Phase III clinical trials.
The company's shares closed Monday at $3.87, down 34 cents, or 8.1%.
-Josee Rose; 201-938-5400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
07-11-06 0732ET
