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Biotech / Medical : Regeneron Pharmaceuticals
REGN 693.35-0.2%Nov 14 9:30 AM EST

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To: Miljenko Zuanic who wrote (402)3/6/2000 8:39:00 PM
From: satish kamat  Read Replies (1) of 3557
 
Miljenko:
Wondering what you think of today's announcement.

biz.yahoo.com

Typically, companies like CRGN (~15)announced equity offering before taking off. What is interesting is that these companies always announced an institutional investor. REGN is however making an offering without such investor.

ML reports mentions REGN's pioneering genomics based approach to drug discovery, which company seems to down play.

Stock of course was all over today.

satish kamat
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