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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM)
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To: Pseudo Biologist who wrote (32)8/20/1997 5:04:00 PM
From: biowa   of 3044
 
MPB,

Sorry for the tardy response.

MLNM is once again down in the 12-13 range.

>>boy that ChemGenics thing better start generating some news/licensing/whatever soon<<

I suspect that it may be several months before we see anything really identifiable out of the ChemGenics portfolio, though it did bring in two prior collaborations (Pfizer, Wyeth-Ayerst) which could generate milestones.

Before the end of the year, though, the company expects to announce another joint venture similar to the BioTherapeutics deal, in Predictive Medicines, agriculture, or a third area that escapes me at the moment. Also, I understand that there may be several more disease area alliances forthcoming in the next 12 months.

biowa
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