Needham & Company on Biotechnology & Life Sciences: Oncology / Hematology Review from the 2011 Needham Healthcare Conference

April 12, 2011 7:39 AM EDT
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Needham & Company on Biotechnology & Life Sciences: Oncology / Hematology Review from the 2011 Needham Healthcare Conference

Needham analyst says, "Cancer continues to be an area of key focus in biotechnology. Targeted therapy, monoclonal antibodies, second generation antibodies, and active immunotherapy/cancer vaccines continue to be areas of active interest in drug development. In this report, we highlight recent presentations from the 10th Annual Needham Healthcare Conference. We expect our oncology/hematology companies under coverage to have significant newsflow in 2H11, thus providing investors with a buffet of potential milestones from which to choose. We expect continued commercial progress for Alexion (Nasdaq: ALXN), Allos (Nasdaq: ALTH), and Dendreon (Nasdaq: DNDN), transforming events for Regeneron (Nasdaq: REGN) and Seattle Genetics (Nasdaq: SGEN), and clinical trial updates from ArQule (Nasdaq: ARQL), Celldex Therapeutics (Nasdaq: CLDX), Geron Corporation (Nasdaq: GERN), Micromet (Nasdaq: MITI), OncoGenex Pharmaceuticals (Nasdaq: OGXI), Pharmacyclics (Nasdaq: PCYC), and Telik Inc. (Nasdaq: TELK)."


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