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Biotech / Medical : Cadus Pharmaceutical Corp. (KDUS)
KDUS 1.6000.0%Jul 2 5:00 PM EST

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To: dalroi who wrote (172)5/7/2000 11:17:00 AM
From: scaram(o)uche  Read Replies (1) of 1833
 
Interesting, huh? Provides a nice photo of "what could have been".

Comer et al. destroy this business plan, and then don't have the fortitude to carry theirs on.

I certainly hope that they're someday made public, the initial licensing demands of Sibia. From what I know, I'd assign this mess to Levin. However, if the initial Sibia demands were something like 5% (or north), then I'd also guess that I would have walked the same path.

It's awful that the whole mess boiled to an end when liquidity to back R&D was at it's all time low (for biotech).

Glass hasn't called and asked for advice yet. You?

<g>
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