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Biotech / Medical : CYTO -- Ignore unavailable to you. Want to Upgrade?


To: Dan Sorenson who wrote (7416)11/26/1998 5:39:00 PM
From: Dan Sorenson  Read Replies (1) | Respond to of 8116
 
Axcell speculation continued.

Basic grass roots GDL research has been halted. But, it looks as though they have identified certain peptides(other than the prior Elan deal) which they believe have commercial potential and they want to pursue development with a commercial partner. So maybe Joe will bring home another one-time up front fee soon, with royalties to follow when and if, and let the licensee pay future costs to bring to market.

Dan