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Biotech / Medical : Biotech for less than a buck.

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To: SG who wrote (525)	4/6/2000 11:14:00 PM
From: RWReeves	Read Replies (2) of 743

From the CIST Thread: Celltech continued its recent growth by agreeing on Tuesday to buy US-based Cistron Biotechnology Inc. for $18 million, including $8.75 million for intellectual property and an additional $9.25 million that will remain within Cistron. The firm said that it would issue to Cistron some 850,000 Celltech shares in ADR form at a price of 13.48 pounds per share, based on the 5-day average to March 20. RWR

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