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To: Catfish who wrote (20041)4/22/2004 9:11:08 AM
From: GARY P GROBBEL  Read Replies (2) | Respond to of 120406
 
VDSI...that's possible Cat....but when i first started with it share count was 6.3m as i recall...still, looks good...would buy it here



To: Catfish who wrote (20041)4/22/2004 1:16:09 PM
From: Catfish  Read Replies (1) | Respond to of 120406
 
PDGM - 1.34/1.36 PR just out, now getting volume.

RESEARCH TRIANGLE PARK, N.C., April 22 /PRNewswire-FirstCall/ --
Paradigm Genetics, Inc. (Nasdaq: PDGM), a biotechnology company, today announced
that the company has been issued U.S. Patent No. 6,723,529, titled "Methods for
the Identification of Inhibitors of Alpha-Aminoadipate Reductase as
Antibiotics." The patent covers the discovery of a novel gene target
(Alpha-Aminoadipate Reductase) in the biochemical pathway by which fungi produce
lysine, a nutrient necessary for the growth and development of fungi, as well as
methods enabling the discovery of chemicals that inhibit gene protein activity
within the lysine pathway. Chemical compounds discovered by Paradigm's
patented method may lead to the development of more effective, less toxic
fungicides, which are highly sought after throughout the agricultural industry.

"The issuance of this patent significantly strengthens our intellectual property
position on important fungicide target pathways and further demonstrates our
ability to apply a systems biology approach to gain a more comprehensive
understanding of entire biological systems," Keith Davis, Ph.D., Vice President,
Agricultural Research. "Our scientists were able to identify a second novel
target within the lysine synthesis pathway. By inhibiting steps along this
critical pathway, we can potentially prevent the growth of fungi known to harm
commercial crop production. We believe this discovery will have significant
commercial applications, as companies aggressively pursue the development of
fungicides that are environmentally safe and more effective than existing
products."

"This discovery supports our strategy of leveraging our
technologies, intellectual property and expertise to begin developing our own
product opportunities, while continuing to provide the highest quality research
for our current and future partners," said Heinrich Gugger, Ph.D., President
and CEO. "This patent, along with the other four fungicide discovery
patents issued in the past year, represent the first fruit of our investment in
this area and is the beginning of a pipeline of patents we expect to issue in
the years to come. Our plan is to use this growing IP portfolio to
develop proprietary fungicide products and to drive high value R&D
collaborations with agrichemical companies."

Paradigm also announced the issuance of two additional fungicide
discovery patents, bringing the company's total fungicide patent portfolio to
five. One of the new patents (U.S. Patent No. 6,703,200) broadens the scope
of Paradigm's proprietary TAG-KO(R) technology, a tool for the rapid
and systematic mutation of pathogenic fungi, enabling the efficient
identification of novel antifungal and fungicide targets as well as novel
biosynthetic and degradation pathways. The second patent (U.S. Patent No.
6,689,578) protects a fungicide target in the heme production pathway. Paradigm
Genetics has 19 U.S. issued patents in total.