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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM) -- Ignore unavailable to you. Want to Upgrade?


To: Icebrg who wrote (2144)6/24/2004 1:43:29 PM
From: Icebrg  Read Replies (1) | Respond to of 3044
 
Millennium Pharmaceuticals "neutral"

Thursday, June 24, 2004 2:41:19 AM ET
Robert W. Baird

NEW YORK, June 24 (New Ratings) - Analysts at Robert W Baird maintain their "neutral" rating on Millennium Pharmaceuticals Inc (MLNM.NAS). The target price is set to $17.

In a research note published yesterday, the analysts mention that the company has licensed its rights to GlaxoSmithKline for the marketing of Integrilin in Europe. The company has also re-acquired its European rights from Schering-Plough, Millennium Pharmaceuticals’ former European partner, the analysts say. Robert W Baird believes that the alignment with GlaxoSmithKline would boost Millennium Pharmaceuticals' European commercial presence.