CVAS-an interesting california-based biotech company here Message Board

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Biotech / Medical : CVAS-an interesting california-based biotech company here

CVAS 0.000400

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Oct 7 9:32 AM EST

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To: nigel bates who wrote (96)	5/21/2002 8:09:34 PM
From: tom pope	Read Replies (1) of 126

This is the DJ story: Tuesday May 21, 6:02 pm Eastern Time Biotechnology Value Fund Group Has 16.2% Corvas International Stake WASHINGTON -(Dow Jones)- A group including Biotechnology Value Fund L.P. holds a 16.2% stake in Corvas International Inc. , according to a Schedule 13D filed Tuesday with the Securities and Exchange Commission. The group beneficially owns 4.4 million common shares. It purchased shares between March 19 and Tuesday. According to the filing, the group may provide constructive input about the appropriate investment, and rate of investment, of Corvas' cash resources and may assist in various measures intended to preserve and maximize shareholder value, including the exploration of potential strategic alliances, mergers and acquisitions. The group said it doesn't have any current plan to acquire control of Corvas. Corvas is a clinical-stage biopharmaceutical company based in San Diego .

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