T/FIF, a New Plateau Message Board

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Biotech / Medical : T/FIF, a New Plateau

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To: scaram(o)uche who wrote (975)	2/21/2002 1:26:56 AM
From: Mike McFarland	Read Replies (1) of 2243

The wording is awfully strong. Emboldened by other cases, maybe some of these firms have overshot and are going to find they've been too aggressive with Elan. Specifically, the lawsuit accuses Elan of using more than 50 sham joint ventures to keep research-and- development costs off its books, pump up earnings and artificially inflate its stock price. They complaints are easily printed, it will be fun to have Renee walk me through the jargon. bermanesq.com fwiw, it always seemed to me that these deals were a really good way for Elan to get their hooks into my companies cheaply.

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