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Biotech / Medical : Cistron Biotechnology(CIST)$.30

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To: Walter Morton who wrote (790)8/13/1997 7:40:00 PM
From: scaram(o)uche   of 2742
 
I know of several in the reagents area. Endogen would be an example. Some others may have been discussed in this thread. Take a look at the manner that management has grown Biosource International, starting with the acquisition of Tago.

Consolidation is sorely needed in the reagents business, and is a good route to rapid growth. However, CIST management has indicated a desire to go with diagnostics/therapeutics, and they licensed IL-1beta to an OEM supplier.

The addition of the ex-Unimed CEO to the Board might be best considered as further indication that they plan to take a non-reagents route. Should be very interesting.

Rick
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