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Biotech / Medical : ImmunoGen -- Ignore unavailable to you. Want to Upgrade?


To: Don Hurst who wrote (2993)4/7/2000 6:35:00 PM
From: Marty R  Read Replies (1) | Respond to of 5665
 
I found this on Raging Bull. It's an excerpt from the SACI site. Does anyone track that site closely enough to know if this is a recent entry/update? The word CURE sure looks nice in there.

SACI SITE INFO
SB408075

Humanized monoclonal antibody to the antigen C242 (found on
more than 90% of colorectal and pancreatic cancers, as well as
other carcinomas). It is attached to the chemotherapeutic agent
maytansine. This conjugate has induced prominent activity,
including cures, in well-established tumors in preclinical studies.
Given once every 3 weeks. (Approved at BAMC.)

Consider for all solid tumors, but particularly for colon,
pancreas, lung, breast, prostate, bladder, and other
carcinomas.)



To: Don Hurst who wrote (2993)4/7/2000 9:48:00 PM
From: Sea Otter  Respond to of 5665
 
IMGN Acquisition

My thought for the week. I bet that at
least one firm will soon make an acquisition pass at IMGN.
Once some level of efficacy is shown, established
pharmas would be crazy to not make the attempt.
The only question is valuation.

Of course, Sayare wouldn't want to sell. But everything
has its price. If IMCL proves that mabs can get to
market, and IMGN proves that their humanized
mab conjugate platform has strong
potential, then IMGN becomes a very lucrative target.

So I wouldn't be surprised that we see some large spikes
in price over the next 8 months, that have no obvious
explanation. These would be driven purely by rumors
of acquisition valuations - just like what happened to
IMCL.