development & production

Commercialization of protein-based vaccines & biopharmaceuticals

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Message: BNN interview w/Pierre Jeanniot/Chairman of Foundation on Antivirals

Good Afternoon Everyone,

Paradigm Capital (www.paradigmcap.com) has initiated coverage on Medicago with a BUY rating and a target of $1.50.

Highlights:

-Company has technology to produce flu vaccines 6x faster than traditional companies

-Commercial agreements already in place (France, Saudi Arabia, India)

-Vaccine industry to grow from US$3.5b in 2007 to more than US$10b by 2015.

MMN

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