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Biotech / Medical : Seattle Genetics (SGEN)

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To: Elmer who wrote (4)	3/6/2001 8:43:37 PM
From: keokalani'nui	Read Replies (2) of 161

David, I could be totally off, but I think Darwin was sold to a UK company. That was a Hood/Gates deal if I recall. PSBJ reports that SG was founded by Perry Fell and Clay Siegall, scientists at the BMS Pharmaceutical Research Institute in Seattle until it closed in 1997. They established Seattle Genetics the following year, licensing some ab technology from BMS. I have no insight on this one. But if I recall, it has been trying to tap the public markets for a long, long time. Given the state of things today, they must have run out of VC and angel $ and hope all at once. What are ya buying these days? --Wilder

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