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Biotech / Medical : Biotechnology Value Fund, L.P.
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To: scaram(o)uche who wrote (719)6/16/1999 2:27:00 PM
From: aknahowRead Replies (2) of 4974
 
If and when PFE falls to $50 it might be more willing to make biotech deals but it will be less able. Lot easier to justify acquisition using overvalued paper. Not sure, but for now I think the fall in the prices of drug stocks is a slight negative, to any merger bandwagon.
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