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Biotech / Medical : Incyte (INCY)
INCY 99.29-0.8%Dec 29 3:59 PM EST

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To: rkrw who wrote (1212)10/5/1999 10:45:00 PM
From: Gary L. Kepler  Read Replies (1) of 3202
 
I always viewed MLNM as a competitor. Doesn't this agreement allow MLNM to more rapidly find targets for Bayer and perhaps others for big milestone payments? It is hard to see where INCY is going to get significant future revenue growth if they don't prevail against AFFX or switch to drug discovery. I do not find today's news encouraging at all.
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