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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: Biotech Jim who wrote (8245)9/17/2000 4:36:52 PM
From: Pseudo Biologist  Read Replies (1) | Respond to of 9719
 
I'm a bit surprised that DGEN is 1/3 the market value of LEXG

The lawsuit filed by LEXG versus DGEN, maybe? I am not familiar with the details at all, and, actually I am surprised that the DGEN IPO went through at all. Sign of our bullish times, I suppose. I still remember CEGE's (ABGX's parent) patent lawsuit that effectively killed GenPharm in the early 90's. As it is well known, and documented by Rick Harmon a few times, GenPharm had the goods all along, but now has to be happy being part of MEDX. I guess some people made out OK after all.

Some links:

"LEXG reiterates Patent Infringement Claims Against Deltagen"

biz.yahoo.com

And, in bed with the masters of this game -g-:
"Abgenix and Lexicon Genetics Form Alliance for Antibody Drug Discovery ..."

biz.yahoo.com

PB