Cadus Pharmaceutical Corp. (KDUS) Message Board

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Biotech / Medical : Cadus Pharmaceutical Corp. (KDUS)

KDUS 1.600

0.0%

Jul 2 5:00 PM EST

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To: Tomato who wrote (554)	6/21/2001 5:26:52 PM
From: BulbaMan	Read Replies (3) of 1833

Got a brief report from someone who attended the KDUS meeting. Berg was there (he looked real young) but his proposal was handily defeated (it got about a million votes was my source's recollection). Glass said he was regularly reviewing potential deals, but it seemed to my source that he wasn't working too avidly -- also, he got the impression that a deal would not necessarily be with another biotech. Glass also seemed to indicate that the Cadus holdings in Axiom were not worth a huge amount and that the KDUS cash was their main asset in any deal. Well, at least Glass is a real person.

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