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Biotech / Medical : Pharmacia & Upjohn (PNU)

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To: Jerry Strebel who wrote (36)	2/11/1999 10:54:00 PM
From: Jongmans	Read Replies (1) of 43

Pharmacia To Start On Acquisition Trail, CEO Says From Dow Jones Newswires: "" PNU Chief Executive Fred Hassan said his company has the financial muscle to make acquisitions. "We would like to see ourselves as predators" he said in an interview with CNBC Thursday. "We are in the right shape to go after acquisitions because of a good balance sheet". Hassan said Pharmacia would like to buy "high-tech(companies) that can add intellectual value"and boost its research and development pipeline, indicating the possible acquisition of a biotechnology firm. "" etc Martin

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