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Biotech / Medical : SIBIA Neurosciences (SIBI) -- Ignore unavailable to you. Want to Upgrade?


To: scaram(o)uche who wrote (177)4/24/1998 5:10:00 PM
From: scaram(o)uche  Respond to of 579
 
Mike:

I don't have time to check now, but I don't think that this chunk of
shares can account for the total slug that was traded.

Filing of April 20, 1998, stake up to 10.4%. Guess it's no longer a
rumor........

Since February 20, 1998, Partners, in its capacity as general partner of
BVF, has purchased on behalf of such limited partnership an aggregate number of
152,500 shares of the Stock for an aggregate consideration of $763,480,
utilizing funds provided by BVF from its working capital pursuant to the terms
of its limited partnership agreement with Partners. In addition, Partners, in
its capacity as investment manager with respect to certain managed accounts, has
purchased on behalf of such managed accounts an aggregate number of 271,000
shares of the Stock for an aggregate consideration of $1,357,984.90, utilizing
funds under management by Partners pursuant to investment management agreements
between Partners and such managed accounts.

TYPE: EX-99.B
SEQUENCE: 3
DESCRIPTION: TRANSACTIONS IN THE STOCK BY THE REPORTING PERSONS


EXHIBIT B

TRANSACTIONS IN THE STOCK BY THE REPORTING PERSONS
--------------------------------------------------
DURING THE PAST SIXTY DAYS
--------------------------

--------------------------------------------------------------------------------------
Settlement By For the Quantity Price Type of Trade Broker
Date ----------- Account of -------- per ------------- ------
---------- ----------- Share
---------
--------------------------------------------------------------------------------------

03/24/98 BVF Ltd. Partners 3,000 $5.3333 Purchase INET
--------------------------------------------------------------------------------------
03/25/98 BVF Ltd. Partners 4,000 $5.2500 Purchase INET
--------------------------------------------------------------------------------------
04/03/98 BVF Partners 3,500 $5.2500 Purchase INET
--------------------------------------------------------------------------------------
04/03/98 BVF Ltd. Partners 3,000 $5.2500 Purchase INET
--------------------------------------------------------------------------------------
04/20/98 BVF Partners 149,000 $5.0000 Purchase VECT
--------------------------------------------------------------------------------------
04/20/98 PAL Partners 40,000 $5.0000 Purchase VECT
--------------------------------------------------------------------------------------
04/20/98 ZPG Partners 27,000 $5.0000 Purchase VECT
--------------------------------------------------------------------------------------
04/20/98 BVF Ltd. Partners 194,000 $5.0000 Purchase VECT
--------------------------------------------------------------------------------------

INET = Instinet
VECT = Vector Securities