Millennium Pharmaceuticals, Inc. (MLNM) Message Board

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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM)

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To: Biomaven who wrote (171)	4/8/1998 10:20:00 PM
From: John O'Neill	Read Replies (3) of 3044

MCDE expected to meet all expenses from it's cash flow for next 5 years. In addition, they have about $3.50/ share cash which they can hold onto for after the 5 year period. Exceptional cash flow for a biotech...!! I expect a LOT of publicity about resistant bacteria. This can truly become a panic situation..I have already begun to see this in the hospitals and skilled nursing facilities. Bacteria share resistant genes and we're heading for trouble unless new approaches are forthcoming soon. Curing cancer would be a blessing, but if John Doe worker starts dropping dead of simple strep/staph this would attract attention not yet seen in the drug world. We have taken our antibiotics for granted; infections accounted for more than 1/2 of fatalities before penicillin was developed. Forbes just had article April 6 & MCDE was at the top of it's short list. JO

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