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Chief Executive Fredric Price says that if he can find a partner for a second experimental drug, for use in open-heart surgery, the company could be close to break-even for the fourth quarter of 2004.
FORBES: BioMarin Gets Ready To Bloom
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Sanofi could save money by chopping heads and still make use of experimental drugs for melanoma, kidney transplants and leg clots that Bristol is developing.
FORBES: Why Bristol And Sanofi Shouldn't Merge
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The firm plans to use some of the smallpox proceeds to help develop its experimental vaccines for West Nile virus and dengue fever.
FORBES: Biotechs See Dollar Signs In War