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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (44870)	1/8/2001 8:15:01 AM
From: manny t	Respond to of 57584

MLNM, UPDATE 1-Roche, Millennium in arthritis diagnostics venture (Adds comment from statement, market reaction) BASEL, Switzerland, Jan 8 (Reuters) - Roche Holding AG's (ROCZg) Roche Diagnostics division has struck an alliance with Millennium Pharmaceuticals Inc (NASDAQ:MLNM) to develop diagnostic products for rheumatoid arthritis, Roche said on Monday. U.S.-based Millennium will receive a licensing fee, funding for research and milestone payments and royalties under the three-year deal. Roche gets certain research and development rights for select diagnostic markers in this disease area. It will also market products resulting from the alliance, it said without giving financial details. Roche certificates opened up 75 Swiss francs at 16,120 in a generally firmer Swiss market. "The combination of Roche's world-class strength in diagnostics with Millennium's strong position in genomics and proteomics will bring revolutionary diagnostic products to market," said Heino von Prondzynski, the head of Roche's diagnostics division. All Headlines Additional Headlines 01/08 03:20 Reuters UPDATE 1-Roche, Millennium in arthritis diagnostics venture 01/08 03:20 Reuters UPDATE 1-Roche, Millennium in arthritis diagnostics venture 01/08 03:20 Reuters UPDATE 1-Roche, Millennium in arthritis diagnostics venture 01/08 02:12 Reuters Roche, Millennium set arthritis diagnostics venture 01/08 02:00 PR Newswire Millennium and Roche Form Alliance in the Area of Rheumatoid Arthritis Diagnostics

To: Rande Is who wrote (44870)	1/8/2001 9:57:24 AM
From: velociraptor_	Respond to of 57584

Thanks Rande. I think we can gather from our PM's and short discussions of recent that we respect each other's thoughts and I am sure neither of us are here to make enemies. I am here to make a few dollars. I always do my best to support my views, and of course I am always willing to accept criticism because I realize I can only see so much with my own eyes. We learn from each other as well. My regular home will be Sharck's thread, but I am sure I will find my way here for a few posts. OT..Rande..I will call soon. I ended up doing much more than I planned this weekend and never had the chance, but I am looking forward to meeting. Velo