OTC BB : ARGA
Randall D. Lewis, CFA - Analyst
October 16, 2006
Stock Price $1.41
We are initiating a Buy rating for Auriga Laboratories, Inc. (OTCBB: ARGA). Auriga is specialty pharmaceutical company whose focus is multidisciplinary, with two divisions supporting the Auriga Laboratories mission. Auriga Pharmaceuticals, ARGA’s sales and marketing division, is led by executives who are leaders in commercializing new products. Auriga Development has expertise in the use of new drug delivery technologies to produce improved formulations of already-approved drugs and to use these drugs for new clinical indications.
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