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Biotech / Medical : Genaissance Pharmaceuticals (GNSC)

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To: tuck who wrote (121)12/17/2002 9:28:53 AM
From: tuck  Read Replies (1) of 183
 
GNSC made a big fuss about how it was going to make a deal with it technology with pharma. Here's one, but they can't ell us how significant in any numerical sense. It'll be interesting to see the market reaction:

>>NEW HAVEN, Conn., Dec. 17 /PRNewswire-FirstCall/ -- Genaissance Pharmaceuticals, Inc. (Nasdaq: GNSC - News) today announced that it has entered into a pharmacogenomics based agreement with Pharmacia Corporation (NYSE: PHA - News). Genaissance will apply its HAP(TM) Technology to clinical trial samples from Pharmacia. Financial terms of the agreement were not announced.

"We are pleased to add Pharmacia to the growing list of pharmaceutical companies that have chosen Genaissance to provide them with the resources for pharmacogenomics based clinical development, further demonstrating the utility of our technology," said Kevin Rakin, President and Chief Executive Officer of Genaissance Pharmaceuticals.<<

snip

Who else is in that "growing list?"

Cheers, Tuck
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