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Enter Symbol:
 
Panacos Pharmaceuticals, Inc. (PANC) [hlAlert]

Rating:
Buy PANC
down 99.94 %

Panacos Pharmaceuticals, Inc. (PANC) rated Buy with price target $3 by Needham & Co

Posted on: Wednesday,  Mar 5, 2008  8:25 AM ET by Needham

Needham rated Buy Panacos Pharmaceuticals, Inc. (OTCBB: PANC) on 03/05/2008, when the stock price was $0.90. Since
then, Panacos Pharmaceuticals, Inc. has lost 99.94% as of 08/07/2015's recent price of $0.00.
If you would have followed this Needham's recommendation on PANC, you would have lost 99.94% of your investment in 2711 days.

Panacos Pharmaceuticals, Inc. (Panacos) is a development-stage biotechnology company that seeks to develop next generation anti-infective products through the discovery and development of small-molecule oral drugs designed to treat human immunodeficiency virus (HIV) and other human viral diseases. The Company's lead product candidate, bevirimat, is an oral HIV drug candidate in Phase II clinical testing. Panacos has dosed over 485 patients and subjects with bevirimat and have seen a good safety and tolerability profile with no indication of a relationship between adverse events and drug levels. The Company has exclusive rights from University of North Carolina at Chapel Hill (UNC) to the United States patent claiming the chemical entity bevirimat. Panacos has an exclusive worldwide license with UNC for all indications.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/5/2008 8:25 AM Buy
None
0.90 3.00
as of 8/27/2015
1 Week   
1 Month up  400.00 %
3 Months up  400.00 %
1 YTD down  -80.76 %

(*) Stock Price at the time of the recommendation.
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