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Biotech / Medical : EntreMed (ENMD)

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To: muddphudd who wrote (420)5/3/1998 6:45:00 PM
From: dougjn  Read Replies (2) of 2135
 
Read the Sun NYTimes article. First I've heard of EntreMed. I'm surprised this thread has not been deluged with postings today.

Does anyone have a clear sense of what rights Enmd has in the angiostatin/endostatin experimental therapy? The Times says only that EntreMed is "a company in Rockville, Md., that was formed to make and market angiostatin, endostatin and other weaker drugs than can slow cancer growth."

It also says later on that "Dr. John Holaday, Entremed's president and chief executive, said his company was working with the Bristol-Myers Squibb Company to develop angiostatin and had not yet decided on a corporate partner to develop endostatin. The drugs are being made in genetically engineered yeast growing in 20-gallon vats."

That was it on Enmd.

Is Enmd just producing the stuff in small amounts for research (with Dr. Folkman, or Harvard, or no one having any patent rights), or does Enmd have patent or other rights to it, or the process of making it? Anyone know?

Doug
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