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Biotech / Medical : SRGN ( Seragen, Inc.)

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To: dwight martin who wrote (32)4/1/1998 3:44:00 PM
From: Henry Niman  Read Replies (1) of 52
 
I believe that SRGN just gets reimbursement for manufacturing costs for DAB389IL-2 applications for CTCL (SRGN still has rights for psoriasis). Although the SEC documents filed by LGND mention SRGN, they don't indicate that LGND has accepted the compound from LLY. LGND may still elect to take the cash and a higher royalty on their rexinoid.
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