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Biotech / Medical : Munch-a-Biotech Today

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To: LLCF who wrote (373)5/13/1999 1:23:00 PM
From: Biomaven  Read Replies (1) of 3158
 
The WSJ today implied that this might only be a "pause" in the CNTO/J&J story, and that other suitors might be waiting in the wings.

As we discussed on the Derivatives thread, rumors abounding today - BGEN up sharply on no news, big call activity in MLNM.

BGEN would be a luscious prize for any of the big pharma.

MLNM is more problematic because of its big existing ties to Bayer, Monsanto, etc. I'd be somewhat surprised and definitely sorry to see it munched.

Peter
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