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Biotech / Medical : Fountain Pharmaceuticals (FPHI)

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To: Mark Fisner who wrote (26)8/15/1997 12:45:00 AM
From: r. peter Dale   of 78
 
An interesting aspect of Fountain's encapsulation technology is an unexpected twist to this sort of drug delivery system. In general, it appears that when a drug is 'repackaged' in this particular way, this new 'formulation' can be considered a new 'drug'. Thus, pharmaceutical companies could use Fountain's products to, in effect, extend the patent life of a proprietary compound (not to mention market multiple 'formulations' of the same drug). Clearly a very lucrative market for Fountain; this would also easily explain Merck's interest.

Best wishes,
Peter
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