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Biotech / Medical : Cadus Pharmaceutical Corp. (KDUS)
KDUS 1.6000.0%Jul 2 5:00 PM EST

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To: MCsweet who wrote (1596)10/4/2008 12:40:43 PM
From: scaram(o)uche  Read Replies (3) of 1833
 
They've passed on two severe liquidity crunches, where cash was in great demand.

Blitz is fibbing to Tomato. Icahn isn't interested in selling or merging the company, as DD would disclose the fraud which involves OSIP, Cadus and Solvay projects.

That's the only reasonable explanation.

I simply don't hold enough shares to care much. We were once going to help someone in this thread (you?) draft wording for inclusion in def 14a. We should do it. Solvay is sincere about developing SLV320, that's obvious. The royalty issue is therefore still alive, and even a fraction of one percent of the CHF market would be huge revenue to Cadus (in perspective of market cap).

Shareholders should not lose sight of compelling weird bevavior from Goddard.... he stopped touting the Solvay collaboration BEFORE Tarceva was returned, at a time when the OSIP business plan was weak. Shortly thereafter, Prosidion was born and inherited the GPCR work at OSIP.

And, on that note, we should also not lose sight of the GPR119 agonist, PSN821, and potential CONTRACTUAL ties to Cadus.
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