SOURCE: Maybach Financial Group

Maybach Financial Group

November 06, 2007 14:00 ET

Biotech Troubles Focusing on Momenta Pharmaceuticals, Inc., Encysive Pharmaceuticals, Inc., and ConjuChem Biotechnologies Inc.

Awareness Brings Added Value

Maybach Financial Group

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Maybach.

GRANDE BAY, MAURITIUS--(Marketwire - November 6, 2007) - Comments made in this release are those of Maybach Financial Group and any questions or comments should be directed to the contact information located at the bottom of this release.

Maybach Financial Group is a syndicate of financial analysts, with a core group representing over 250 years of total investing experience. Our focus is to give investors the financial advantage necessary to sustain profit all markets. This week, to gauge the outcome of the markets, we are focusing on Momenta Pharmaceuticals, Inc. (NASDAQ: MNTA), Encysive Pharmaceuticals, Inc. (NASDAQ: ENCY) , and ConjuChem Biotechnologies Inc. (TSX: CJB). For the full report and a complimentary subscription to the Maybach service, visit http://www.maybachfinancial.com/register.

The Maybach Financial Group www.maybachfinancial.com will be researching the above-mentioned companies to determine their chances of a turnaround opportunity for investors. Visit http://www.maybachfinancial.com/register.php for a complimentary subscription to the Maybach service and receive at no cost our "Special Report#1: The Pick of the Decade" plus a second free report "Special Report #2: Hearing is Believing." No credit card or payment information is required.

With Q3 earnings and major biotech conferences being held recently, many companies within the sector have seen a growth in awareness. However, it has not been easy for biotech companies recently and many companies are seeing a decrease in share value.

Momenta Pharmaceuticals, Inc. (NASDAQ: MNTA) fell sharply down to a day-low of $5.89 in morning trades, down over 50%. The fall in share value came from their announcement this morning that its collaboration partner, Sandoz Inc., a division of Novartis, had received a letter from the U.S. Food and Drug Administration ("FDA") on November 5, 2007, stating that Sandoz' abbreviated new drug application ("ANDA") for Enoxaparin Sodium Injection is not approvable because the application does not adequately address the potential for immunogenicity of the drug product.

Sandoz and Momenta are working together to identify the additional information that is necessary to obtain approval of the ANDA and believe that they can address what they anticipate to be the FDA's concerns.

Pharmaceutical and life sciences companies are among the most analysed and evaluated organisations in business today. Over the course of this decade, scientists are predicting a dramatic change over the innovation and use of drugs. The time is now for these companies to gain exposure and take advantage of the biotech market now.

In the future, the approach that companies pursue will depend in large measure upon their individual goals. But with the current erratic market behaviour shown by investors, are biotech investors bailing out too quickly from negative news that could once turn again to be positive?

Encysive Pharmaceuticals, Inc. (NASDAQ: ENCY) also fell today down over 14% and hitting a day-low of $0.60 but rebounding back to hover around the $0.90 mark in early afternoon trades. Encysive has been experiencing a continuing drop in share value of the past year. Despite their recent Q3 results, which showed an increase in revenues generated for Q3 over the past year in 2006, investors are continuing to show a bearish attitude.

For a limited time only, gain access to Maybach and our reports free of charge with no credit card or payment information required. Visit http://www.maybachfinancial.com/register.php for your free subscription.

ConjuChem Biotechnologies Inc. (TSX: CJB) also fell today, hitting a day-low of $0.205 before hovering back to around $0.25 in early afternoon trades.

In the battle for supremacy with big shot companies such as Pfizer, the juniors involved within this particular sector have a lot of leverage as these big companies continue to invest and scan for new patents, licenses, and drugs.

It's a tough world out there for big pharmaceuticals, but it helps the junior world move forward.

Something to bear in mind is that only a small fraction of the public could name any company that develops vaccines to prevent an epidemic (4%), provides medicines or medical equipment in case of a major disaster (7%), or contributes to patient assistance programs (14%).

Despite a new loyal following for new age ideas and a "greener" life using organics and natural cures, the view on innovative drugs remains strong. If pharmaceutical companies could raise awareness of their philanthropic actions, they would undoubtedly make gains in countering negative feelings toward the sector.

For a limited time, receive a complimentary subscription to the Maybach service by visiting http://www.maybachfinancial.com/register.php to receive two Special Reports with information on how to combat the markets.

Maybach Financial (Maybach) is not a registered broker dealer or a registered investment advisor. No information accessed through the Maybach Web site or this release constitutes a recommendation to buy, sell or hold any security in any jurisdiction. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. There is no financial relationship that exists between the issuer of this release and the company whose stock is mentioned in the release. Please view the disclaimer at http://www.maybachfinancial.com/terms.php.

Statements made in this release may include forward-looking statements and projections, made in reliance on the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. Maybach has made every reasonable effort to ensure that the information and assumptions on which these statements and projections are based are current, reasonable, and complete. However, a variety of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this release. Maybach makes these statements and projections in good faith, neither Maybach nor its management can guarantee that the transactions will be consummated or that anticipated future results will be achieved. All material herein was based upon information believed to be reliable. The information contained herein is not guaranteed by Maybach to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. Maybach assumes no obligation to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made by Maybach, whether as a result of new information, future events, or otherwise.

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