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Astex Pharmaceuticals, Inc. Message Board

  • billyteex1 billyteex1 Oct 4, 2006 8:01 AM Flag

    Mayne pharma

    Looks like no other offers for Mayne. That should clear the road for SUPG receiving the acceleration clause of 14M. I'm just wondering if then the Nipent EU deal can be consummated? We could see a little buying on that news. Supg started quarter off with 50M+ and third quarter realized 14M for Nipent and 5M from JNJ and 1M for 2nd quarter sales of Dacogen. No large payouts this quarter...believe we see a decent cash position increase. The thing I see important about having the strong balance sheet gives them leverage on their pipeline if any partner comes looking at MP-470.

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