EntreMed Exe screwive Summary 1.1 History and Background EntreMed, Inc., Maryland founded in 1991 and publically-traded since 1996 (NASDAQ: ENMD) a clinical-stage biopharmaceutical corporation create therapeutics that act on multiple electrical cellular pathways involved in processes such as deviant blood vessel growth, inflammation, coagulation, and programmed cell death(entremed.com) Through a combination of both hypermetropy and fortuity, EntreMed, in 1993, initiated its collaboration with Dr. Judah Folkman, the fuck off of angiogenesis, who, much than 30 old age ago, discovered that tumors were ineffective to thrive without networks of new blood vessels to establish them. The companys clinical dose candidates, led by the small grain Panzem, arrive at shown a strong safety profile with neither toxicity nor clinically significant side effects reported. The important focus of EntreMeds do drugs pipeline is small molecules and peptides. Since the companys inception i n September 1991, they have devoted almost all of its efforts and resources to conducting query and suppuration. Through declination 31, 2002, all of its revenues have been generated from license fees, query and development funding, royalty payments, the sale of royalty rights, and certain investigate grants. EntreMed have not generated any revenue from direct ware sales, and the management anticipates that this office will change in the forthcoming years because the company has nine convergence candidates in development and three product candidates in human clinical trials. 1.2 effort and Competitors EntreMed operates in a very challenging, but also reward industry, biotechnology industry. well 20 percentage of the 320 US publicly traded biotech companies underwent restructuring in 2002 and more than 80 percent of those restructured companies were forced to cut programs and lay of employees. On a global basis, the net hurt of the biotechnology industry increased rou ghly $5.7 million to $12.4 billion as the ! subprogram of public companies decreased 3 percent in 2002. The chivalric year... If you want to get a spacious essay, order it on our website: OrderEssay.net
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