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Biotech / Medical : Takeover Mania is Coming!!!

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To: gfp927z who wrote (1)7/17/2005 1:40:58 PM
From: Arthur Radley  Read Replies (1) of 49
 
gfp,
Excellent selections! Especially IMO is CBST. The PFE/MICU deal points out the need in this area. Our current antibiotic medicines are quickly losing their ability to fight infections(we as a population vastly overuse our current antibiotics not fully realizing that one day we will really will need them)and when you add the inherent problems of developing newer ones because of the immune system issue one can understand why PFE was so willing to pay that 70%+ premium. I thought at the time why PFE didn't go for CBST instead of MICU since CBST had already received FDA approval and MICU had encountered some difficulty. But then I had a few MICU shares and didn't own any CBST...so wasn't that upset.

Your Vertex is also a good selection.
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