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Biotech / Medical : Valentis (VLTS) -- Ignore unavailable to you. Want to Upgrade?


To: Mike McFarland who wrote (21)11/5/1999 2:59:00 PM
From: Mike McFarland  Read Replies (1) | Respond to of 81
 
A little leaner: Valentis, Inc. Announces
Business Reorganization

biz.yahoo.com

Yahoo thread is a little nervous about departures,
to me it just looks like they're getting a little
more focused...Benjamin F. McGraw, President and
Chief Executive Officer of Valentis noted, ''We believe
that mergers are the most expeditious route to the creation
of additional products for clinical development, and this has
turned out to be true. We now have multiple clinical candidates
and are restructuring the company to most efficiently develop
these as products
.''


CCM55 on Yahoo noted in message 212:
Rodney Pearlman is well known and widely respected. What Valentis hasn't announced is that John Warner (Vice President,Research & Development) has also left. Only Alain Rolland is left as VP of Research.

The stock was down a quarter an hour before the close at 3 3/4
on a lackluster day for microcap/smallcap biotech, and the
major indexes up over a percent.