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Biotech / Medical : MEDX ... anybody following? -- Ignore unavailable to you. Want to Upgrade?


To: keokalani'nui who wrote (707)6/27/2003 1:46:47 PM
From: Icebrg  Read Replies (1) | Respond to of 2240
 
Wilder,

No, I don't know. As most cancer therapies fail it might make sense two try to develop both. It is an open question how much Medarex is able to influence business decision at Genmab. As Medarex only holds about a third of the equity their influence should be limited. On the other hand the board appears to be tilted towards the US and Medarex. It is up to the Danish shareholders to make sure that their interests are taken care of. (I see this from a Scandinavian point of view). I believe that the board is in need of some cleaning up by the way. Preferably by appointing a Danish chairman.

Erik