StockIceMan.com

Elliott Wave - Market Report
 
 

StockIceMan's Weekly Stock Pick
Week of May 28, 2007
 

Stock: IDM Pharma, Inc.
Ticker Symbol: IDMI - Nasdaq - Biotechnology
Buy: 2.50 to 3.00
Sell: 5.00
Info: IDM Pharma, Inc., a biopharmaceutical company, engages in the development of products to treat and control cancer. The company primarily develops product candidates to destroy residual cancer cells, as well as product candidates to stimulate an immune response and prevent tumor recurrence. Its products include Junovan, an immune system stimulant, which completed phase III study for the treatment of osteosarcoma; Bexidem, a cell-based immunotherapeutic, which is in phase II trials for the treatment of bladder cancer; and Uvidem, which is in Phase II clinical trials for the treatment of melanoma, consists of dendritophages and melanoma tumor cell lysates. The company�s products also include EP-2101, which has multiple tumor-associated CTL epitopes, is in Phase II trials for the treatment of non-small cell lung cancer; and Collidem, which is in Phase I/II trails for the treatment of Colorectal cancer, consists of dendritophages and tumor associated antigen peptides. It operates in the United States and France. IDM Pharma has collaboration agreements with sanofi-aventis S.A; Medarex, Inc.; GenPharm International, Inc.; Novartis; and Biotecnol S.A. The company is based in Irvine, California.
Financial Info: For the fiscal year ended 12/31/2006, revenues rose 32% to $11.3 million. Net loss fell 40% to $23.5 million.
Key Ratios: Current Ratio: 1.829, Total Debt/Equity: 0.032, Trailing P/E: N/A, Forward P/E: N/A,  Price/Book: 2.95, Price/Sales: 4.00
Share Info: There are 17.96 million shares outstanding with 10.54 million shares in the trading float. Institutions own approximately 19.35% of the shares outstanding. There have been no insider purchases or sales in the last six months. Real-Time SEC Filings

As of 4/10/2007, there were 42,490 shares short.

Net Institutional Buying: 46,164 shares prior to latest quarter.
Articles: Out of the Gate- IDM Pharma Up

Coverage initiated on IDM Pharma by Cantor Fitzgerald

 
  The Financial Ad Trader
The Financial Ad Trader


© 2006 StockIceMan.com™. All rights reserved.