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Replies to #42344 on Biotech Values

DewDiligence

02/21/07 8:32 PM

#42345 RE: biophud #42344

> DYAX – which do you think is correct regarding DX-88 in CTS?
1. GENZ did not/does not want to pursue this indication.
2. DYAX did not want to give up rights to DX-88 for CTS.<


DYAX bought out GENZ’s 50% stake of DX-88 for the CTS indication in 2003, according to an option clause in the original JV. For the right price, they probably would have let GENZ back in now.