Bio Technology General - BTGC Message Board

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Biotech / Medical : Bio Technology General - BTGC

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To: Liatris Spicata who wrote (2000)	5/3/2000 7:44:00 AM
From: Jim Oravetz	Read Replies (1) of 2028

The "Other" income line was almost 14% of the total amount. I'm assuming that a lot of this number is from interest on the $ they have on hand, ready to spend on the new ($30M)production facility. The R&D budget was up >$700K. Could this be spending related to the new facility? As far as G&A, they are spending $ in the lawsuits with Genentech and now I see a legal dispute with Serono. Also, with the dual nature of BTGC operations - US and Israel, IMO, BTGC is building an empire of upper mgnt that may have overlapping functions. I'm quite surprised at the reduction in Marketing and sales expense. I recall Sims saying that the sales force was being built out to increase exposure. Maybe they just paid the salesmen and did not do any media advertising? Jim

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