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Biotech / Medical : ChiRex (CHRX)

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To: Dick Roy who wrote (37)	8/20/1997 12:07:00 PM
From: Haseltine	of 130

CHRX IS HAVING A NICE RUN TODAY. DO YOU GET CHEMICAL AND ENGINEERING NEWS? THERE IS A BRIEF MENTION OF SOME NEW TECHNOLOGY THAT CHIREX HAS LICENSED FROM HARVARD IN THE AUGUST 18 ISSUE. THE ARTICLE REFERS TO A SCIENTIFIC PAPER BY HARVARD'S PROF. ERIC N. JACOBSEN IN SCIENCE MAGAZINE. FROM WHAT I CAN UNDERSTAND HE HAS DEVELOPED A WAY OF RESOLVING EPOXIDES CHEAPLY. JACOBSEN IS QUOTED IN CHEM AND ENG NEWS AS SAYING: "IT APPEARS THAT THIS REACTION IS REALLY GOING TO HAVE AN ENORMOUS IMPACT ON THE INDUSTRIAL SYNTHESIS OF CHIRAL BUILDING BLOCKS...CHIREX HAS ALREADY SCALED UP THE PROPYLENE OXIDE KINETIC RESOLUTION, AND THEY HAVE BIG PLANS FOR EPICHLOROHYDRIN AND BUTADIENE MONOEPOXIDE." WHAT DO YOU THINK?

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