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Biotech / Medical : Incyte (INCY) -- Ignore unavailable to you. Want to Upgrade?


To: Scott who wrote (976)4/13/1999 4:16:00 PM
From: LLCF  Read Replies (1) | Respond to of 3202
 
"BT Alex Brown reiterates Strong Buy... Kevin Tang tells sales force that INCY announced that the U.S. patent and Trademark Office declared patent interference proceedings involving two AFFYMETRIX patents, pending patent applications licensed exclusively to INCYTE...."

"Also believes interference proceedings bode well for INCY because they may reder it unlikely that a judge will grant AFFX's request for preliminary injunction, since patent involved is subject of ongoing proceedings... Also, proceedings could result in AFFX having one or both patents weakened or revoked... has 34 1/2 12-mo. target."

Bloomberg

DAK