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MEDCHEM OFFERING SOLD AT $12.50

July 17, 1991

ECOGEN SELLS OVERALLOTMENT

July 17, 1991

MEDAREX SELLS STOCK AND WARRANTS

July 17, 1991

SANGSTAT RAISES $4 MILLION PRIVATELY

July 17, 1991

ALKERMES COMPLETES IPO AT $10

July 17, 1991

CONGRESS FORMS BIOTECH CAUCUS

July 17, 1991

GLYCOMED PATENT FOR HEPARIN SEQUENCES

July 17, 1991

AFFYMAX TO COLLABORATE WITH CIBA

July 17, 1991

XOMA, CENTOCOR BEGIN PATENT BATTLE

July 17, 1991

GENSIA GETS $8 MILLION LOAN

July 16, 1991

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