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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?


To: DaYooper who wrote (11289)9/19/2003 11:16:12 AM
From: Venkie  Respond to of 13815
 
18 (PDLI) 14.73 +0.61: -- Update -- Fortis upgrades to Buy from Hold following the co's announcement that it has extended its antibody patent licensing agreement with DNA for an additional 5 year period; in addition, firm believes PDLI's pipeline offers the most intriguing line of therapeutic antibodies for the treatment of gastrointestinal inflammatory disease, and with $800 mln in cash and a proven proprietary antibody humanization platform with which to work, the co has the resources to develop many more products and to aggressively litigate any patent infringement cases it deems worthy.