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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM) -- Ignore unavailable to you. Want to Upgrade?

To: Edscharp who wrote (290)	3/17/1999 4:25:00 PM
From: LLCF	Respond to of 3044

<I read some articles concerning MLNM some time ago. I invested because they were cutting some very major deals with Big Pharma. The science appears to be first rate.> I'm too lazy to link you to Rick's old posts discussing MLNM, as he's the best source I know of, I'll have to defer to him. DAK

To: Edscharp who wrote (290)	3/17/1999 8:55:00 PM
From: Pseudo Biologist	Read Replies (2) \| Respond to of 3044

Re. <But, I always question my investing in this. They appear to be primarily a genomics type company and have almost no drugs of their own in clinical trials. It seems to me that it will ve a very long time before they start profiting from their genomic discoveries. > Yes, they have not announced any clinical trials yet, but their MBio unit (involved in the release today with GZTC) may start doing just that in relatively short order. This is a link with a brief description of what they do or plan to do: mlnm.com (browse back a bit in that site to find out even more. This is not a simple company, but people have started to recognize its value. First of all, people like Monsanto and Bayer -G-) As for profits, they are running close to break even with the funded research, milestones, etc. coming from their partners. Last, but not least, not being a McCamant pick is a perhaps a positive -G- PB PS - And here some old (maybe dated? - some of the stuff below involved "prediction/speculation" on how their business would evolve. The picture is a lot clearer now. For one thing, their detailed web page did not exist at the time, as I recall) links to previous discussion about MLNM: Message 3494566 Message 3715411 Message 1561138 Message 1551375 Message 1566514 Message 1582213