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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM)

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To: scaram(o)uche who wrote (367)8/12/1999 3:06:00 PM
From: scaram(o)uche   of 3044
 
Thursday August 12, 2:45 pm Eastern Time

Company Press Release

SOURCE: Millennium Pharmaceuticals, Inc.

Millennium Delivers Two Cancer Drug Candidate
Genes to Eli Lilly

- Delivery of Candidate Genes in Prostate Cancer and Drug Resistance
Trigger Milestone Payments -

CAMBRIDGE, Mass., Aug. 12 /PRNewswire/ -- Millennium Pharmaceuticals, Inc. (Nasdaq: MLNM - news) today
announced that one of its partners in oncology, Eli Lilly and Company (NYSE: LLY - news), has accepted two candidate
genes for use in the development of new small-molecule cancer therapeutics. These achievements trigger two undisclosed
milestone payments from Lilly to Millennium. (snip)
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