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Biotech / Medical : BJCT-BIOJECT-needle less injection product

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To: GREG FINLEY who wrote (192)6/2/1998 12:06:00 PM
From: James Strauss  Read Replies (2) of 534
 
Being Gobbled Up...

Here is a snipit from a recent news release...

Said Mike Temple, chief financial officer of Bioject, ''As part of our strategic realignment, we have reduced our direct sales force and will focus on leveraging the sales and marketing capabilities of our corporate partners. Going forward, we anticipate this realignment will produce significant cost savings in the Company's needle-free business segment, as we continue to develop distribution alliances with Hoffmann-LaRoche and other potential partners.''
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There are rumors that Hoffmann-LaRoche is a takeover candidate... This puts Bioject in the enviable position of two possible alliances for the price of one...

Jim
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