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Biotech / Medical : Sepracor-Looks very promising

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To: Sleepman who wrote (299)7/29/1997 10:56:00 PM
From: Ed Ajootian   of 10280
 
Dan,

J&J's composition-of-matter patent on astemizole expires next year. It
is generally thought that a composition-of-matter patent on a compound
also covers its active metabolite.

J&J also has a method-of-use patent running out to 2006, which SEPR
considers to be very weak. SEPR has filed for method-of-use patents in
the US and several other companies but has yet to get any issued.

The key here is that there will not be a composition-of-matter patent
or a strong method-of-use patent owned by anyone else when norastemizole
is approved ('99 at the earliest). So the field is wide open for SEPR.

Nice to see the solid recovery today. Looking for a gradual move back
up knocking on the door to new highs.
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