Cistron Biotechnology(CIST)$.30 Message Board

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

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To: Rudy Saucillo who wrote (2302)	6/8/1999 6:02:00 PM
From: Walter Morton	Read Replies (2) of 2742

Rudy, you don't seem to give much value to the other parts of CIST: Strong Cash Position $9 Million on hand Will receive $3 Million from Immunex in Novmeber 1999 Will receive $1 Million from Immunex in November 2000 Low Debt No preferred shareholders Long-term debt only $260,000 Short-term liabilities only $1.2 Million Promising Research Collaboration Pasteur Merieux Serums & Vaccins, S.A. (PMS&V), the world's largest vaccine company PMS&V to fund vaccine development program over the three-year period for $900,000 $31 Million to Cistron in milestone payments based upon development progress Cistron would receive royalties should PMS&V sell vaccines using Cistron technology Monoclonal Antibody/ IL-1ß Patents So promising that the largest vaccine manufacturer in the world owns Cistron stock So valuable that Immunex agreed to pay $21 Million to avoid a $125 Million lawsuit So promising that that largest vaccine company in the world agreed to pay $31 Million PAI-2 DNA Patent Cistron granted an exclusive sublicense to Biotech Australia Pty. Limited to make, use and sell PAI-2 bioaust.com.au Royalty Agreements TECHNE Corporation (Nasdaq: TECH) rndsystems.com Cistron would receive royalties should PMS&V sell vaccines using Cistron technology Science/Therapeutic Potential Message 9894857 I don't believe CIST is going to sell for >$10, but I would be disappointed with just $1.

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