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Biotech / Medical : CRIS, Curis (formerly CBMI)
CRIS 1.270-3.1%11:38 AM EST

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To: Edwin S. Fujinaka who wrote (344)11/20/2000 12:38:55 PM
From: Jim Oravetz  Read Replies (2) of 668
 
he Roach Motel
Cynthia Robbins-Roth, Forbes ASAP, 11.27.00

forbes.com

Over the next 12 months, investors should look for products moving forward, new deals involving genomics and stem cells, and product development partners. CEO Platika expects the Curis discovery engine to generate one or two new product candidates each year. He has more than $50 million in cash, which should pay for another 18 months of activity, so financings are likely to be on the menu. Says Platika, "Look for additional M&A deals. This is part of a rollout, to make sure we can crawl before we run." If all goes well, Platika and Ontogeny may have come up with a great way to get out of the "roach motel."

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Jim
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