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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM)

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To: scaram(o)uche who wrote (1997)1/1/2004 6:07:57 PM
From: software salesperson  Read Replies (1) of 3044
 
Did the Taisho program bite the dust permanently, when 977 (CytoMed ----> LeukoSite ----> MLNM) died?

from the 10/15/02 earnings press release:

MLN977: As previously announced, although the oral formulation of MLN977 showed evidence of clinical benefit in patients with chronic asthma, Millennium and its development collaborator, Taisho Pharmaceuticals Co., Ltd., have discontinued the program. While Millennium is investigating other partnership options for aerosol delivery of MLN977, Taisho is not interested in pursuing this option and as a result, the collaboration with Taisho has been terminated.
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