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ONE IDEA.


Name: Shervin Vossoghi

Home: Calabasas

Age: 25

Occupation: Entrepreneur

One idea: When he noticed the FDA FDA
abbr.
Food and Drug Administration


FDA,
n.pr See Food and Drug Administration.

FDA,
n.pr the abbreviation for the Food and Drug Administration.
 had approved a new pediatric pediatric /pe·di·at·ric/ (pe?de-at´rik) pertaining to the health of children.

pe·di·at·ric
adj.
Of or relating to pediatrics.
 leukemia leukemia (lkē`mēə), cancerous disorder of the blood-forming tissues (bone marrow, lymphatics, liver, spleen) characterized by excessive production of immature or mature  drug called Clofarabine, Vossoghi started buying shares in the company that produced it, Bioenvision Inc. Now he owns 10,000 shares, making his most recent buy about two months ago for $5.70 per share. Bioenvision is a drug company that specializes in cancer treatments.

Quote: ``Bioenvision is a good one. The targeted price is $11 by the end of next summer and and $18 or $20 in two years.''

Ticker ticker

An automated quotation system on which security transactions are reported after they occur on an exchange floor. Even though the newer systems are electronic and no longer actually tick, the name of the old mechanical device has stuck.
: BIVNE

Friday's close: $6.15
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Article Details
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Jun 5, 2005
Words:98
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