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Biotech / Medical : Aurora Biosciences (ABSC) -- Ignore unavailable to you. Want to Upgrade?


To: Darth Vader who wrote (65)2/27/1998 9:17:00 PM
From: Steve Lokness  Read Replies (1) | Respond to of 359
 
Darth Vader;

Are you guessing, or do you know that it was Sequana that dumped shares? How does the merger of SQNA with ARRS - now AXPH - affect the agreement with ABSC? It would seem to me that the purpose of the ABSC/Sequana agreement was to come up with great drug candidates and that is where AXPH comes in. It would be AXPH that would then get the candidates through the approval process. Walker CEO (?) of AXPH has an excellent reputation and in recent quarterly report of a few days ago said..."our drive to establish the company as the leading drug discovery company in the biotechnology industry." Not "one of" but -THE- leading drug discovery company. I like that attitude.

If it was SQNA that sold shares then what does that mean?