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Biotech / Medical : Munch-a-Biotech Today

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To: Biomaven who wrote (499)7/26/1999 12:37:00 PM
From: W PAUL  Read Replies (2) of 3158
 
UK's Shire (Adderall & galantamine) - SHPGY - has announced merging/
buying Roberts Pharm -RPC. I know nothing about the latter. The resulting
market cap will be about $2.3b.
Initial reaction in London was positive but now Shire is off 10% and RPC up though
you would not have guessed from the angry reaction of many RPC shareholders
on Yahoo etc
I would be grateful for your reaction if you have one.

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