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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Izzy who wrote (5836)1/3/1999 11:49:00 PM
From: tommysdad  Read Replies (1) of 6136
 
Umm, Izzy, you're forgetting how many shares there are. DD is worth twenty times AGPH -- AGPH has a market cap of about $1.9 billion, DD about $58 billion. Yeah, DD could swallow AGPH whole, and probably pay cash for it. They got a bunch of cash from Merck when DuMPCo (DuPont-Merck Pharmaceutical Company) became part of DuPont again. They might want MTC too, mainly to get Celebrex -- the MTC/AHP fell through, so why not DD? DD has a big stake in Ag products and that is probably MTC's strength. Might get the "monopoly police" on their tail, though.

I still like DD buying AGPH -- but I'm not sure the research arm of DuPont Pharma would meld well with AGPH's research department. I know too many people at both places, and they just don't seem to have similar approaches to how they go about business. Could be ugly, from that perspective.
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