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Biotech / Medical : Vertex Pharmaceuticals (VRTX) -- Ignore unavailable to you. Want to Upgrade?


To: tommysdad who wrote (412)5/13/2000 8:44:00 AM
From: Biotech Jim  Respond to of 1169
 
Simply put, this is a great deal for VRTX. I guess the market was anticipating this deal and that is the reason for the current churning. It may be that this will last for a couple more weeks and then the stock will run. I like the computational approaches of VRTX in the context of both structure based design and homology modeling approaches for related kinase sequences in which structure is not yet available. I guess a big question is what biology will be brought to bear on potential therapeutic validation of the recently identified kinase targets. I know, I'm getting a bit ahead of myself here. Nonetheless, does anyone know what the Harvard proteomics collaboration specifically brings to the table?

Jim



To: tommysdad who wrote (412)5/16/2000 2:47:00 PM
From: biowa  Read Replies (1) | Respond to of 1169
 
td,

Not impugning the Novartis deal, VRTX is great science.

Ciba bought 49% of CHIR at a very healthy premium because they wanted to "access biotech," and felt that CHIR could do a better job than them at it. Put it in the "Where are they now file?"

biowa