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Biotech / Medical : Munch-a-Biotech Today -- Ignore unavailable to you. Want to Upgrade?


To: Mike McFarland who wrote (308)3/26/1999 12:42:00 PM
From: Thomas M.  Read Replies (1) | Respond to of 3158
 
Certainly a market correction would squeeze the hot air out of SEPR.

Tom



To: Mike McFarland who wrote (308)3/26/1999 1:17:00 PM
From: John Metcalf  Respond to of 3158
 
Sepracor too big to be taken out?

Actually, it might be too small. Most of the mergers have been quite large, as pharmaceutical companies look for sufficient mass to support multinational operations and a major R&D budget. Glaxo and Wellcome, Pharmacia and Upjohn, Zeneca and Astra AB, Ciba-Giegy-Sandoz (Novartis). Corange, Syntex, Boehringer Mannheim. AHP has looked at combinations with Smithkline and Monsanto, which seems to be perpetually on the market.

There have been more big takeouts than small. GENIZ and AGPH come to mind amongst the small.

More to the point with Sepracor, is whether a big pharma would decrease value by buying SEPR and competing with the drug originator, vs. SEPR collaborating with the originator.



To: Mike McFarland who wrote (308)4/15/1999 1:50:00 PM
From: Thomas M.  Read Replies (1) | Respond to of 3158
 
Are you thinking about dipping SEPR? You said you'd buy it at 80 in the fall. At this rate, we might get there tomorrow. <g>

Tom