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Biotech / Medical : ImmunoGen
IMGN 31.230.0%Feb 26 4:00 PM EST

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To: RJMC who wrote (4231)11/26/2001 4:58:29 PM
From: Icebrg  Read Replies (3) of 5665
 
Bob, you wrote

Not much news on the Abgenix or Millenium fronts.

Not the right day to say things like that. MLNM issued PR this morning that they have acquired a promising colon cancer target, against which they "intend" to develop toxin-conjugated drugs.

And this evening Abgenix said that they have bought the rights to an EGF-variant, which is only expressed on cancer cells. They did not say anything about conjugates in their press release. But you might remember that IMGN was testing their new taxane derivative against this type of target.

Ice
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