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Technology Stocks : CDMA, Globalstar versus Iridium, Inmarsat, etc.

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To: Maurice Winn who wrote ()12/17/1997 3:13:00 PM
From: Maurice Winn   of 381
 
Rituxan now available for Non-Hodgkin's Lymphoma.

16 December 1997 Genentech and IDEC Pharmaceuticals Corporation announced that RITUXAN [Rituximab] is being shipped today to the oncology medical community. Rituxan was cleared for marketing by the US Food and Drug Administration on 26 November 1997.

IDEC invented Rituxan and developed the product in collaboration with Genentech, F Hoffmann-La Roche Ltd of Switzerland and Zenyaku Kogyo Co Ltd. of Japan. IDEC and Genentech will promote Rituxan in the United States and have shared responsibility for product manufacture. Roche will market the product under the tradename MabThera in the rest of world, excluding Japan.

Genentech Inc. discovers, develops, manufactures and markets human pharmaceuticals. Eleven of the currently marketed biotechnology products stem from Genentech science. Genentech markets eight biotechnology products in the United States.

IDEC Pharmaceuticals focuses on developing targeted immunotherapies for the treatment of cancer and autoimmune disease which are primarily designed to act through immune mechanisms.

Genentech Inc.
Marie Kennedy 650 225-8751 Media
Susan Bentley 650 225-1034 Investors
gene.com

IDEC
Connie Matsui 619 550-8656

It seems that Rituxan is good for low grade NHLs, B-cell, CD20 antigen expressing follicular and other types, but not so hot for intermediate and high grade NHLs. Though still somewhat effective. Why isn't it effective on intermediate B-cells, large and diffuse if they are have CD20? Beats me.
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