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Biotech / Medical : CVAS-an interesting california-based biotech company here -- Ignore unavailable to you. Want to Upgrade?


To: tuck who wrote (103)9/29/2002 8:47:55 PM
From: mopgcw  Read Replies (1) | Respond to of 126
 
Biotech Value Fund Ups Corvas Stake To 19.4% From 17.7%

DOW JONES NEWSWIRES

WASHINGTON -- A group including Biotechnology Value Fund LP increased its stake in Corvas International Inc. (CVAS) to 19.4%, according to an amended Schedule 13D filed Friday with the Securities and Exchange Commission.

The group beneficially owns 5,341,029 common shares. It purchased 406,800 shares between July 25 and Sept. 12 for prices from $1.25 to about $1.46 a share.

On Sept. 16, the group reported a 17.7% stake in Corvas, a San Diego-based clinical-stage biopharmaceutical company.