ANX - ADVENTRX Pharmaceuticals, Inc.

[Engineco24]

Anybody have any ideas on ANX. i see good volume and it going down. whats up with this stock any ideas.

[GBBInvest]

The only announcement or news I could find is this one:

ANX Adventrx Pharmaceuticals Inc. (ANX) Corporate Event Announcement Notice - July 24, 2009

Expected next earnings release:
Announcement date: 8/11/2009 - After Market

[ravis]

ADVENTRX is currently focused on commercializing two late-stage product candidates in the U.S., ANX-530 (vinorelbine emulsion) and ANX-514 (docetaxel emulsion), which are novel emulsion formulations of currently marketed chemotherapy drugs. The Company believes ANX-530 and ANX-514 may improve the safety of and have greater commercial potential than the currently marketed reference products, Navelbine and Taxotere, respectively, by:

Improving their safety and reducing the incidence and severity of adverse effects; and
Increasing their pharmacoeconomics and convenience to healthcare practitioners and patients.

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[youcine]

Hi guys
What do you think about ANX?

[crusadernz]

Hi guys
What do you think about ANX?

I was in this stock earlier playing the run-up to their expect NDA filing later this year...but then they came along to spoil the party when they released that they will be doing a 1:40 Reverse Split...so sold out straight away. Their reasoning was that they wanted to be listed on the NASDAQ, but IMO 1:40 is going way too far. A security filing also came out today showing more dilution. I would wait until they do the R/S and wait for the pps to settle down before getting into this one. Remember most stocks which do a R/S pullback in the short-term.