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Biotech / Medical : Biochem Pharma (BCHE) -- Ignore unavailable to you. Want to Upgrade?


To: Ted Downs who wrote (636)6/11/1999 12:09:00 PM
From: Drapeau  Read Replies (1) | Respond to of 783
 
BioChem Pharma announces agreement in principle to purchase 8
million BioChem common shares from Glaxo Wellcome Inc.

biz.yahoo.com



To: Ted Downs who wrote (636)6/11/1999 1:32:00 PM
From: JDN  Respond to of 783
 
Dear Ted: That was basically the thrust of their message in the annual report. Seems like a good move to me so long as they have growing royalties to offsett the cost of setting up the sales and marketing organization and continued pipeline to have new products to insert into it. JDN