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Biotech / Medical : CEPH
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To: fut_trade who wrote (83)4/9/1997 5:25:00 PM
From: Andrew H   of 998
 
Anyone have any insights on today's big bet by CEPH? They are issuing 500,000 shares of stock to buy 2,500,000 calls. My understanding is that ALS is not that big a market. Would approval of myotrophin be wroth betting the pharm on? Don't they have to share the revenues with CHIR?
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