MGI Pharma MOGN New patents, anti cancer Message Board

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Biotech / Medical : MGI Pharma MOGN New patents, anti cancer

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To: David Cathcart who wrote (866)	3/27/1998 6:43:00 PM
From: seminole	of 1826

David and Bear I have been having server/computer problems when I try to reply. The value for the Euro deal will be strongly dependent upon the results from Phase I. They are not just trying to get an Euro parnter. They are trying to get both an Euro partner and a partner to pay for Phase II clinical trials. The partner is going to want to see clinical data. The strengh of the clinical data may set the price of the deal. I have no useful knowledge of their clinical data so I can't truly set a price. But I would want $5M up front for the Phase II clinical trials. When I dream of what the Euro deal may be worth I come up with $30-60M. richard

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