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Technology Stocks : Tseng Lab on the move?

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To: VinceC who wrote (163)7/19/1998 12:01:00 AM
From: muddphudd  Read Replies (1) of 251
 
I spoke with Rifat Pamukcu (Chief Scientific Officer at CPI) this week. Very pleasant fellow.

He said that they have 500 in-house derivatives of FGN-1, some of which are 20,000 times more potent than FGN-1. As you know, FGN-1 is a derivative of Sulindac, an NSAID. However, it does not possess the COX-1 or COX-II activity of Sulindac. Hence, it is not involved as an anti-inflammatory and it does not cause GI upset like most other NSAIDs. How it actually works it "top-seret". It works by inducing apoptosis in cancer cells, but HOW it does this remains a mystery (at least to the public). Pamukcu said that it functions independent of the p53 or bcl-2 pathways. Supposedly, they will publish papers soon describing exactly what the intracellular target of FGN-1 is.

He did say that they are in discussion with some big pharma for the marketing of FGN-1 for colon cancer. No names, of course.
He said that they expect to be publicly trading by late September.
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