Entremed (ENMD)

[justwaitandsee]

Not knowing what CASI is an acronym for, I believe the BOD must feel that the name Entremed (entrepreneurial medicine)no longer "badges" their new "global" direction appropriately ...I bet the acronym will have a global ring to it and will better represent our new direction. From the letter: "In-licensing provides an important potential avenue for creating
value and we are actively seeking opportunities in China. We believe
that our Beijing subsidiary is uniquely positioned to capitalize on
these kinds of opportunities by virtue of our scientific expertise and
experience with conducting drug trials there."

Just my opinion...