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Cetus Healthcare Limited Partnership II

Executive Summary

Public offering of shares in the $100 mil. R&D partnership began Oct. 30. Proceeds will be used to fund the development of therapeutic products in Europe through the company's new subsidiary, EuroCetus ("The Pink Sheet" Aug. 25, T&G-2). Shearson Lehman Brothers and Oppenheimer are managing the sale.
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PS010949

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