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MIV Therapeutics Maintains ‘Buy/4’ Rating And $2.50 12-Month Target Valuation In Research Note By Investrend Affiliate SISM Research / December 5, 2006 / ATTACHED REPORT Research Reports
(Investrend Research Syndicate) MIV Therapeutics (OTCBB: MIVT) Recent tests have sown MIV Therapeutics’ (OTCBB: MIVT) biocompatible polymer-free drug-eluting stent coating technologies shown to be Better Than the Industry’s Benchmark Cypher Stent.

(Investrend Research Syndicate) Recent tests have sown MIV Therapeutics’ (OTCBB: MIVT) biocompatible polymer-free drug-eluting stent coating technologies shown to be Better Than the Industry’s Benchmark Cypher Stent,  which is one of the world's best selling drug-eluting stents, according to Investrend Affiliate SISM Resarch analyst Ernest C. Schlotter.

The full Research Note, including important disclosures and disclaimers, is available at http://www.sism.com  and http://www.investrendresearch.com.  In it, analyst Schlotter said:

“Just last Wednesday, MIVT announced remarkable results from preclinical studies of two of its novel biocompatible polymer-free drug-eluting stent coating technologies that matched or even outperformed Cordis’ and Boston Scientific’s drug eluting stents. The independently conducted four-week porcine study at the Erasmus University Medical Center in the Netherlands compared stents coated with MIVT's polymer-free drug-eluting technologies to the industry's benchmark, the J&J Cypher stent, one of the world's best selling drug-eluting stents. Three variations of MIVT's polymer-free Sirolimus eluting coatings were at least as effective as -- and in some cases, better -- than Johnson & Johnson's Cypher drug-eluting cardiovascular stents. Based on these results, MIVT will begin preparations for human implantation.

“MIV Therapeutics is developing a diverse suite of polymer-free HAp coating formulas…

“The drug-eluting stent market grew from zero to $5.3 billion in three years and has captured 85% of the US stent market. To date, more than nine million DES devices have been inserted. In 2005, about 1.5 million patients were implanted with drug-eluting stents in the US alone...

“Despite a stock price increase of more than 50% since last Wednesday, in our view, MIVT, at a market cap of only $35 million, is still massively undervalued...

MIV Therapeutics is paying SISM Research $2,250 per month over a two-year period solely to ensure independent coverage. “

SISM Research, based in Zurich, Switzerland, is a private investment research firm offering high-quality, independent, fundamental research on public companies since 1995. SISM writes, publishes and distributes research coverage, in both English and German, on micro- to small-cap public companies trading on the OTC, NASDAQ and AMEX.

This coverage is geared toward institutional and individual investors in both North America and in German-speaking Europe, a market that represents more than 100 million people. SISM Research is a content provider to Thomson Financials OneAnalytics/FirstCall and Investext, to Reuters Multex, and Investrend.

The full report, including important disclosures and disclaimers, is available at http://www.sism.com, http://www.investrendresearch.com, and at the company’s InvestorPower Page accessible from http://www.investrend.com/company/list.asp?sPathParam=yes.  Investors are advised to read those disclosures carefully before trading in the equities of any enrolled company.

Both SISM Research and Investrend Research subscribe to the “Standards for Independent Research Providers” at http://www.firstresearchconsortium.com, and MIVT’s research will be enrolled for investor monitoring by the not-for-profit Shareholders Research Alliance, Inc. (http://www.shareholdersresearch.com).

Anyone interested in receiving alerts regarding MIV Therapeutics research should email contact@investrend.com  with "MIVT" in the subject line.

[PLEASE CLICK ON 'ATTACHED REPORT' ABOVE FOR COMPLETE REPORT, INCLUDING IMPORTANT DISCLOSURES AND DISCLAIMERS]

Go to MIV Therapeutics InvestorPower Page
Go to SISM Research



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