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Biotech / Medical : T/FIF Portfolio

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To: scaram(o)uche who wrote (681)3/9/1999 11:06:00 PM
From: scaram(o)uche  Read Replies (2) of 1073
 
Testing, one, two, three.......

Testing, one, two, three.......

Is this thing live??

These were exchanges of $70 million worth of second-tiers that are doing their best, while loaded with potential block-buster projects, to make it back to third-tier....... companies with serious programs addressing unmet needs.

I have no concept of what is going on. I *hope* that it was a move by someone interested in sector consolidation. I'm not trying to imply that the two companies might be merged, but.......

For $230 million in research premium, you buy Antrin, at least two NAALADase inhibitors, Gliadel (non-RPR), NIL-A (non-Amgen), the paclitaxel project, Gd-Tex, about $170 million in cash cushion, and other neat stuff.

Nobody seems to care. The entire world has gone nuts.
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