"Positive headline data should add an incremental $6 to the$89 offer," said Hauber, noting that some investors seepositive data as potentially adding $20 a share in value. "We estimate a positive C-08 study would require Roche toincrease their offer to the mid-nineties - a level that isprobably already priced into the Roche share price," Haubersaid in a research note. Avastin is one of the most important drivers of futuregrowth at Genentech. The drug is currently approved to treatmetastatic and advanced colorectal cancer.
The companysaid she will oversee the departments of protein chemistry andstructural biology. Doudna joins Genentech from the University of California,Berkeley, where she has been a professor in the Department ofMolecular and Cell Biology and the Department of Chemistry (Reporting by Toni Clarke, editing by Gerald E McCormick) Stocks Mergers & Acquisitions. Indications are, they still feel the same way about him, as they awarded Jay a fat contract extension that will likely be worth as much as $30 million for two years.Just a few days after locking up Cutler, the Bears went intoCincinnati and got ran over by Cedric Benson, whom they drafted in 2005. Benson seemed to pick upat least ten yards every time he touched the ball. This, of course, put Jay Cutler in a tough position, but his response to the hardship was less than inspiring.He finished the game with one touchdown pass and three interceptions. Not a $30 million dollar day, as the Bengals steamrolled the Bears 45-10.Whats most disturbing about the loss is that the Bearstrademark defense seems to be missing this season.
The heart of their team, BrianUrlacher, hasn't been able to contribute this season, which could have a lot to do with it But that doesn't matter to the undefeated Broncos. It only gives them more hope that the 2009 Bears will be a complete flop.The Bears still owe Denver their first round pick this season. It is now possible that after trading away their "Franchise Quarterback" in 2009, they could be in line to draft another in the 2010 draft.As it is now, the Bears have already traded Kyle Orton, Robert Ayers, Seth Olsen, and Richard Quinn for Jay Cutler, and Johnny Knox. The trade already seems one sided, with Robert Ayers proving to be a very solid pass rusher, and Kyle Orton playing mistake free ball.
Seth Olsen is good insurance for Denver's veteran offensive line, and Richard Quinn was considered the nation's premiere blocking tight end at the collegiate level.Johnny Knox may be the only pleasant surprise for the Bears, in an otherwise disappointing season. Cuter has basically thrown an interception for every touchdown pass this season, and his contract will make it even tougher for the Bears to get better in the future, having already given up their first and second round picks in this year's draft Ouch.But it just gets worse from there. Bears' GM Jerry Angelo may not know any greater pain than to watch Denver turn around a year after the trade, and use Chicago's pick to draft Jake Locker, or Tim Tebow, or Jim Clausen, or even Sam Bradford, as there is noconsensus pick as to which QB will get drafted first this year.It will be a tough year for Bear fans.. TORONTO (Reuters) - Nortel Networks Corp NT.TONT.N has grounded its corporate jet as the telecom equipment maker cuts costs and restructures its ailing business, which is in bankruptcy protection.The company is also in talks to get rid of the plane, which was used primarily to ferry Chief Executive Mike Zafirovski on business trips."As part of an extensive cost-cutting program taking place across the company, Nortel has grounded its corporate jet," company spokesman Mohammed Nakhooda said on Wednesday. "It was one of the first things to go."Critics have tried to fashion private corporate jets into symbols of excess, particularly given the spiraling economic downtown. Late last year, the chief executives of General Motors GM.N, Ford (F.N) and Chrysler were blasted by U.S.