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Biotech / Medical : NPSP NPS Pharmaceutical

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To: biowa who wrote (34)	12/15/1999 7:41:00 PM
From: scaram(o)uche	Read Replies (1) of 363

core competencies in metabolic and neurologic diseases A very carefully worded release, trying to convey corporate strategy going forward..... (1) we got biologics!!, we got biologics!!, and (2) we're a "mature" company, planning on following in BCHE's footsteps. So.... they're avoiding research-oriented material in the release, focusing on what analysts and many biotech investors want to hear.... "advanced". And...... they're also pointing to biologics, at a time when it's popular to have them. A merger between two very unproven companies, not enough cash, in two countries? They had to come across as a serious, focused crew. Very nice. Solid feel. Go AMGN! (not saying that I didn't want to hear more about R&D and how it might graduate to preclinical...... need to do lots of homework to comment further, as I certainly don't know this company well)

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