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Author Topic:   Applied Molecular Evolution (AMEV)
InvestorGuide Daily
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posted 07-27-2000 06:21 PM     Click Here to See the Profile for InvestorGuide Daily      Reply w/Quote
Biotech firm Applied Molecular Evolution (AMEV) priced at $19, opened at $25, closed at $30.88, and raised $88 million.

Mayor of Investorville
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posted 05-19-2000 10:34 AM     Click Here to See the Profile for Mayor of Investorville      Reply w/Quote
This development-stage biotechnology firm improves genes and proteins for medical uses. Employing what it calsl directed evolution, the company adjusts a protein's amino acids one at a time until the protein acquires the desired therapuetic characteristics. AME's biopharmaceuticals have increased the potency of MedImmune's anti-tumor drug Vitaxin. Bristol-Meyers Squibb's AME-improved anti-tumor drug, BR96, has been licensed to Seattle Genetics for further development. The company plans to raise $85 million but an IPO date hasn't been set yet. (source: SEC filing)

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