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Biotech / Medical : AGEN
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To: Harry J. who wrote (6)1/5/2001 7:29:56 PM
From: Heat Shock   of 15
 
Harry J, For the record, I listened to a StressGen conference call and it clarified that the patent revoked was for the use Stress Proteins alone to get an immune response to fight infection and cancer. CEO Korpolinski said (this is from rapidly taken notes): "It is clear to us that Stress Protein fusions [with an antigen] are much more effective for the treatment of these conditions, and, as such, we have no commercial programs in place to use stress proteins alone for the treatment of these conditions. Therefore, we are not interested in the protection of this area."

Korpolinski added that StressGen licensed a bundle of patents from the Whitehead institute in 1993 which included the use of stress proteins alone and also stress protein fusions. "Back then we didn't know which was more important. Now we know fusions are the key."

So the loss of the patent is not material for StressGen but it is a big roadblock removed for AGEN.

Heat.
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