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Biotech / Medical : EntreMed (ENMD) -- Ignore unavailable to you. Want to Upgrade?

To: Michael Cash who wrote (1941)	6/14/1999 11:16:00 AM
From: Don Dorsey	Respond to of 2135

EntreMed, Inc. Clarifies Recent SEC Filing of Shelf Registration Statement Health/Medical Writers ROCKVILLE, Md.--(BW HealthWire)--June 14, 1999--EntreMed, Inc. (NASDAQ:ENMD) today stated that it believes that last week's decrease in its stock price may be attributable to press reports that misconstrued the Company's recent filing of a shelf registration statement with the Securities and Exchange Commission. On June 8th, EntreMed filed a shelf registration statement permitting certain holders of EntreMed warrants to convert them into common stock that could be traded in the marketplace. These warrants were issued prior to June 1996 when EntreMed had its Initial Public Offering. The Company also stated that none of its executives, or continuing directors, have any present intention to sell any shares pursuant to this registration statement. Rockville, MD-based EntreMed, Inc. The Angiogenesis Company (TM), is a leader in the field of antiangiogenesis research, which studies the inhibition of abnormal blood vessel growth recently associated with a broad range of diseases. The Company's strategy is to accelerate development of its core technologies through collaborations and sponsored research programs with university medical departments, research companies and government laboratories. For further information, please visit the EntreMed web site at www.entremed.com