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Biotech / Medical : Munch-a-Biotech Today

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From: John McCarthy12/15/2005 3:41:01 PM
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Bristol and Medarex ?

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"The theme here is bigger biotech or pharma companies joining with smaller companies for cancer drugs," said Monane, adding that companies working on Phase III cancer drug candidates were particularly attractive takeover candidates.

Monane said several other existing collaborations could also end up as mergers, including

Bristol-Myers (BMY:
Bristol-Myers Squibb Company
and Medarex;

Bayer AG (BAY: Bayer AG
and Onyx Pharmaceuticals (ONXX: ONYX Pharmaceuticals Inc

and Schering AG (SHR: schering a g sponsored and Sonus Pharmaceuticals. (SNUS: SONUS

"There are going to be more of these deals," said Monane
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