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: scaram(o)uche who wrote (726)	2/19/2002 12:41:31 AM
From: BulbaMan	Read Replies (1) of 1833

The same reference with mention of Cadus was also made in last Saturday's NY Times. nytimes.com "Mr. Icahn is also the largest shareholder, with a 25 percent stake, in the Cadus Pharmaceutical (news/quote) Company, a New York drug discovery company that was spun off from ImClone in the early 1990's. In 1995, Mr. Icahn acquired ImClone's stake in Cadus for $6 million, saving ImClone from possible bankruptcy. Cadus still exists and its stock is traded, but the company has virtually ceased operations."

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