MEDX ... anybody following? Message Board

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Biotech / Medical : MEDX ... anybody following?

MEDX 31.58

+1.4%

Nov 5 12:44 PM EST

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To: Icebrg who wrote (1773)	7/3/2007 2:33:10 PM
From: LJM	Read Replies (1) of 2240

Yesterday's news .. but didn't see it posted anywhere. Medarex Grants CEO Pien 500,000 Options >MEDX Jul 2, 2007 18:48:08 (ET) DOW JONES NEWSWIRES Medarex Inc. (MEDX) granted its new president and chief executive options for 500,000 shares, the biopharmaceutical company said Monday. Howard Pien joined the Princeton, N.J., company as its CEO on June 14. He previously was president and CEO of Chiron Corp. until its April 2006 acquisition by Novartis AG (NVS). The company also granted Pien 225,000 restricted shares, plus another 75,000 shares that will vest depending on whether Medarex shares reach specified price targets. Medarex shares closed Monday at $14.50 each, up 21 cents. -Antonie Boessenkool, Dow Jones Newswires; 202-862-7139; antonie.boessenkool@dowjones.com

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