Innate Immunotherapeutics Limited ("IIL")

[steve fleming]

The name is a bit of a mouthful, but surprised that there has been no talk of this NZ company that listed on the ASX late December

The Company has a Phase 2B drug, MIS416, to treat secondary progressive multiple sclerosis (SPMS). Currently no approved drugs for the ongoing treatments of this form of MS.

Has received a decent chunk of funding from the NZ Govt for its phase 1B and 2A trials. Currently 23 patients havebeen treated with MIS416 under aCompassionate Use Program and 14 out of the 17 patients with SPMS reported significant improvement insymptoms after 6 months.

Undercapitalised at $33m for a drug at Phase 2B stage- PBT is a decent example of where IIL could go: m/c of $550m

RBS Morgans has a 69c target - link to Research Report below

http://www.innateimmunotherapeutics....nding-tall.pdf

[baller18]

Are you in this one steve?

[Dej]

I picked up this one in January when I did a new screener of AUS to find potential investments this year. Have been doing my DD since then and am currently waiting back to hear from an expert in the field on what he thinks of the product they are trialling.

Will update you if I take a position or not.

[baller18]

Thanks dej!?

[ozzie]

IIL was also mentioned here: http://australiansmall-capcompanies....rapeutics.html
and in Under The Radar #72.

[steve fleming]

Are you in this one steve?

yep, I have a small position

i like the set up, plenty of upcoming news flow to drive a re-rate as it's profile increases

strong register with good broker support

just cleared its IPO price (20c) which is usually a pretty bullish sign

[baller18]

sell side keeps getting eaten up...
Looking good steve!

[skeet]

Many may have seen this posted over on HC: http://www.businessinsider.com.au/23...is-year-2014-2

23 Australian Biotech Stocks To Watch This Year. A few gems on there im looking at as well.

[psychic]

Bit of interest in this stock this morning?

[baller18]

There has been actually bif of interest in the past few days, a lot of volume has been going through, even more volume going through today.
Thanks steve!!!!!