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JMP's Biotechnology Industry Overview
JMP Securities is not expecting much transformative clinical results at this year's Annual Meeting of the American Society of Clinical Oncology (ASCO) to be held in Atlanta June 2 through June 6. Instead, analysts will be seeking incremental data from development programs that may impact several stocks positively. Several stocks believed to be underappreciated with possible value-added clinical data at ASCO include: at market outperform Celgene Corp., Human Genome Sciences Inc., Ariad Pharmaceuticals Inc., Genomic Health Inc., Cytokinetics Inc., Cytogen Corp., SGX Pharmaceuticals Inc., as well as NeoPharm Inc. (strong buy).
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