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Biotech / Medical : Abgenix, Inc. (ABGX) -- Ignore unavailable to you. Want to Upgrade?


To: keokalani'nui who wrote (246)7/2/2003 8:07:37 PM
From: Icebrg  Respond to of 590
 
Wilder

>> I never thought the mouse companies had any business doing drug discovery myself.>>

No, that has been become obvious. But what shall a poor mouse-farmer do? When the mice are not enough to support their future well-being. Abgenix has at least realised that the street they were travelling at high speed might be back-ended and are now refusing to move forward developing anything new without proper guidance.

Medarex - well, DD doesn't appear to have fully realised neither the seriousness of the situation nor his own and his company's shortcomings yet. Perhaps he is too enthused by the opportunities offered by MDX-010. I hope his hopes are well-founded, as I have some losses to recover there.

Erik