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Biotech / Medical : Oxford GlycoSciences Plc

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To: scaram(o)uche who wrote (238)10/4/2002 8:03:41 PM
From: nigel bates   of 469
 
looks like about seven quarters of burn, first blush

It's a little difficult to figure, given the restructuring. I'd guess somewhat less until new compounds hit the clinic, and of course there's Zavesca...

Can't see why they didn't deal with CAT (they have a technology collaboration) rather than investing in BioInvent - although things did look a little different back in March. Would have helped conserve cash, and reduced risk.
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