Do I have to ask "Why is this news?" Common it might be a little funny but does it honestly affect anyone here?
BTW IM Clone is doing pretty well
Irony anyone, ANYONE?
Quote:
Attempts by ImClone founder and former Chief Executive Sam Waksal and close family members to dump ImClone shares just before the company made public the FDA rejection led to Waksal's seven-year prison sentence for insider trading.
...
That was shortly before Bristol-Myers Squibb Co. (NYSE:BMY - News) agreed to a $2 billion commitment to help develop and co-market Erbitux, and about three months before the bottom dropped out with the late-December FDA rejection.
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http://biz.yahoo.com/rb/040303/healt...e_icahn_2.html