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Biotech / Medical : ArQule
ARQL 20.000.0%Jan 16 4:00 PM EST

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To: John Bernhardt who wrote (296)10/21/1998 8:37:00 AM
From: Dr. John M. de Castro  Read Replies (1) of 399
 
ARQL brings Roche back into the fold

biz.yahoo.com

There are so few details here that it's hard to tell how good this amendment is. However, I was very worried by the announcement that Roche was withdrawing from collaboration with ARQL. This amendment is a great relief.

According to ARQL, the Roche collaboration was the most advanced and the most likely to reach the clinic first. So, the announcement that Roche was withdrawing was a major setback. The fact that continuing lead optimization is part of this amendment suggests that the advanced components of the collaboration are continuing to advance. If not good news, at least this is a great anxiety reliever.

John de C
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