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Biotech / Medical : Cell Therapeutics (CTIC)
CTIC 9.0900.0%Jun 26 5:00 PM EST

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To: zeta1961 who wrote (325)12/5/2004 4:51:24 PM
From: Icebrg  Read Replies (1) of 946
 
Zeta,

As I suppose you know, MGI Pharma has bought into Supergen's Dacogen, using a part of their newfound Aloxi fortune. The two companies will be giving an Investor's update from ASH tomorrow.

Buying into Dacogen seemed to be a very strange thing to do, but I supposed they looked very carefully before they took the leap. It will be interesting for me (as a MOGN shareholder) to hear what they have to say to their defence tomorrow.

Erik
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