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Published on 10/4/2006 in the Prospect News Biotech Daily.

Keryx reiterated at buy by Jefferies

Jefferies & Co., Inc. analyst Adam Walsh reiterated Keryx Biopharmaceuticals, Inc. at a buy. The analyst believes the recent addition of UCN-01 to the company's pipeline may prove promising. UCN-01 demonstrated activity in a range of tumor types and could be used in combination with Keryx's perifosine, according to Walsh. Shares of the New York City-based development-stage company were up 53 cents, or 4.39%, at $12.60. (Nasdaq: KERX)


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