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  MEDAREX INC.
Medarex, Inc. (MEDX) is a biopharmaceutical company that we believe represents a unique, risk-reduced biotechnology investment opportunity. MEDX has a proprietary human antibody services business based on its HuMAb-Mouse system, seven antibody-based products currently in clinical trials, a long list of major corporate partners (with the potential for many additional collaborations), and a strong financial position. We are initiating coverage of MEDX will a BUY rating.

SMALLCAPS RESEARCH

Initial Opinion (HTML) (05/18/99)