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To: Tom Hua who wrote (17956)	1/4/2002 10:25:49 AM
From: Kelvin Taylor	Read Replies (1) \| Respond to of 19633

CCMP starting to break down

To: Tom Hua who wrote (17956)	1/4/2002 11:59:06 AM
From: Brandon Buttons	Respond to of 19633

Tom, If Very Good is half as good as MATX has been to you, I will be a VERY GOOD happy camper :) Brandon

To: Tom Hua who wrote (17956)	1/7/2002 7:35:25 AM
From: Bocor	Read Replies (1) \| Respond to of 19633

Monday January 7, 7:27 am Eastern Time Chiron to buy Matrix Pharmaceutical for $61 million EMERYVILLE, Calif., Jan 7 (Reuters) - Biotechnology company Chiron Corp. (NasdaqNM:CHIR - news) on Monday said it would buy cancer drug maker Matrix Pharmaceutical Inc. (NasdaqNM:MATX - news) for $61 million in order to expand its cancer drug portfolio. Chiron said the boards of both companies have approved the deal, which is expected to close in the first quarter. The merger is subject to the valid tender of at least a majority of the outstanding shares of Matrix and other conditions, Chiron said. Matrix has been struggling to rebound after a U.S. advisory panel refused to recommend approval for its experimental treatment for head and neck cancer in September. ``This agreement with Matrix is an important first step toward expanding our oncology portfolio, in keeping with Chiron's strategic focus on cancer and infectious disease,'' said Craig Wheeler, president of Chiron's BioPharmaceuticals Division. Shares of Chiron closed at $44.72 on Nasdaq on Friday. Shares of Matrix, which has 26.5 million shares outstanding according to S&P MarketScope, closed at $2.59.