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Biotech / Medical : Munch-a-Biotech Today

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To: Spekulatius who wrote (992)	4/29/2001 10:16:50 PM
From: Biomaven	Read Replies (1) of 3158

Spekulatius, Personally I'd wait to buy Roche until they settle their litigation with IGEN. I think they are at real risk of losing rights to a substantial fraction of their diagnostic portfolio and/or of losing a multi-hundred million dollar verdict. If their egregious behavior ever gets in front of an American jury, punitive damages are distinctly possible and could be even higher. Tight family control makes a hostile takeover of Roche impossible under the present structure. What's their market cap now? How much is accounted for by their DNA holding? Peter

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