Steroidogenesis Inhibitors (STGI) Message Board

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Biotech / Medical : Steroidogenesis Inhibitors (STGI)

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To: Jim Burnham who wrote (122)	7/23/1999 10:57:00 AM
From: Jim Burnham	Read Replies (1) of 294

I got some answers from Dr. Greeson about the new deal. STGI should receive the rest of the bridge loan next week. Dr. Greeson thinks that Pashua Partners, LP was put together in order to make this deal. It is very typical for two or more companies to put together an LP when working together. And Dr. Greeson feels very good about Pashua. I view the bridge loan and the new LP as very good signs. It suggests that Pashua Partners are quite serious about this deal. She also mentioned that she thought it would take 8 weeks to complete the deal. Romania should be complete by then and might be part of what they are waiting for. And the last thing she said was that they are working on AIDS now and will be taking on cancer and depression after that. You know what I know. JB

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