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Biotech / Medical : Aronex Pharma (ARNX) -- Ignore unavailable to you. Want to Upgrade?

To: Stemwriter who wrote (127)	8/3/1998 10:58:00 PM
From: Sam Lee	Respond to of 320

Aronex has enough money to keep going until about June 1999 which is well known. Thereafter, their primary value is their research. I had a prior post addressing this. They can't really do a secondary stock offering at this level. So they need something to get the price up to $8-$10 just in case a secondary is necessary and it may not be with the right deal. Incidentally, there are two companies interested but I don't know any details at all.Smart money sees a deal or the stock would be under $1-IMHO.That is all I know.

To: Stemwriter who wrote (127)	8/4/1998 5:38:00 PM
From: Caveat Emptor	Read Replies (1) \| Respond to of 320

What about TRETINOIN? Aronex has some type of collaboration with Genzyme Corporation to develop TRETINOIN - Treatment of Karposi's Sarcoma and Leukemia. I am confused about this drug. I don't see it mentioned in the product pipeline, and I don't know what the deal is with Genzyme. Also, if you research the drug further, a drug called TRETINOIN / RENOVA apparently is approved (in some form) for treatment of skin wrinkles. The distribution agreement for the skin drug is with J+J Ortho Pharmaceuticals. My points of reference are: oakinv.com pharminfo.com aegis.com Questions: What stake does ARONEX have in Tretinoin? (in any form) What are the terms of the collaboration agreement with Genzyme? Is the skin drug and the Sarcoma/Leukemia drug the same? Any feedback/info would be helpful. Thanx CAVEAT EMPTOR