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Biotech / Medical : Pharmacopeia, Inc. (ACCL) (Prev: PCOP) -- Ignore unavailable to you. Want to Upgrade?


To: scaram(o)uche who wrote (132)1/11/1999 11:07:00 PM
From: BRAVEHEART  Read Replies (1) | Respond to of 179
 
Hi Richard,

I recently spoke with PCOP on this agreement. It is a smaller form of collaboration. PCOP only expects it to bring in 1 to 2 million annually.

The up side of my conversation included added perspective on the companies status of turning profitable over the next year. An upcoming significant collaboration with a "new" Big Pharma partnership.

The fact that the dilution from prior venture capitalists is all but out. The potential dilution from the remaining 5 million shares ( CORNING ) is muted and may not even occur. Finally the patent issue with Affemex is looking more like a negotiable issue based on recent patent rights PCOP has established relative to AFFX position ( One hand washes the other ).

Hence I believe this reduced dilution issue along with the positive events forthcoming should result in a good year for PCOP shareholders provided Corning et al remains long.

The stock has a little way to go before a breakout can be predicted. But having followed PCOP for close to 2 years I'd say things are looking their best since last Jan.

clearstation.com

BEST WISHES
LONE WOLF



To: scaram(o)uche who wrote (132)1/19/1999 1:28:00 PM
From: kinkblot  Respond to of 179
 
Pharmacopeia and Pharmacia & Upjohn Form Research Collaboration:

PRINCETON, NJ (January 19, 1999) - Pharmacopeia, Inc. (Nasdaq: PCOP) today announced the signing of a new multi-year, multi-target research collaboration with Pharmacia & Upjohn Inc.

Under the terms of the agreement, Pharmacopeia will screen its multi-million compound sample collection of diverse, small molecules against numerous targets chosen by Pharmacia & Upjohn each year. In addition to annual guaranteed payments, Pharmacia & Upjohn will make further payments based on the success of the screening programs. Optimization of active compounds identified by Pharmacopeia may be performed either by Pharmacia & Upjohn or by Pharmacopeia, for additional consideration. Financial terms of the agreement were not disclosed. ...[continued]

pharmacopeia.com
....................

At least the stock responded positively this time. Maybe their stockpile of molecules is finally approaching 'critical mass'.