EXHIBIT 7(1)
AGREEMENT WITH RESPECT TO SCHEDULE 13D
The undersigned hereby agree that any Statement on Schedule 13D to be
filed with the Securities and Exchange Commission by any of the undersigned,
including any amendment thereto, with respect to securities of Medarex Inc., a
New Jersey corporation, may be filed by BCC Acquisition I LLC on behalf of all
of the undersigned.
IN WITNESS WHEREOF, the undersigned have caused this Agreement to be
executed in counter parts by their duly authorized signatories as of the 10th
day of June 1998.
Bay City Capital Management LLC and Bay City
Capital LLC
By: /s/ Xxxxx X. Xxxxxxxx
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Its: Manager
The Bay City Capital Fund I, L.P.
By: Its General Partner
Bay City Capital Management LLC
By: /s/ Xxxxx X. Xxxxxxxx
------------------------------------
Its: Manager
BCC Acquisition I LLC
By: Its Manager
The Bay City Capital Fund I, L.P.
By: Its General Partner
Bay City Capital Management LLC
By: /s/ Xxxxx X. Xxxxxxxx
----------------------------
Its: Manager
