IpAuctions Selling Liver Disease Therapeutic Patent Portfolio

2008-07-17 14:41:00

RENO, Nev.–(EMWNews)–IpAuctions, Inc. will auction the worldwide biotherapeutic patents

previously owned by Cell Works Inc., a Maryland-based biotech company,

and acquired by CellPoint Diagnostics, Inc., based in Mountain

View, Calif. These patents primarily consist of organ-targeted drug

delivery systems to combat liver disease.

Fifteen major U.S. and worldwide medical patents and applications in

three major treatment areas will be auctioned, including one associated

with a liver cancer therapeutic drug that has been granted orphan drug

status by the Food and Drug Administration (FDA). The orphan drug status

designation is given to provide special benefits to encourage

development of drugs to treat conditions having a prevalence of less

than 200,000 cases in the U.S. The worldwide market for a liver cancer

therapeutic is quite large, however, and U.S. orphan drug status

includes other possible benefits such as research grants, assistance in

negotiating the regulatory process and special tax credits. The IP

portfolio currently for sale by IpAuctions consists of a therapeutic

platform for a ligand-directed drug delivery system that can target the

liver or the renal system for greater specificity and efficacy, with

less toxicity to the patient.

The patents and applications in this portfolio describe the use of a

ligand-directed drug delivery system. The system consists of a ligand (a

carbohydrate that is bound and internalized by a cell/tissue-specific

receptor on the cell surface) that serves as a guidance system to direct

the delivery of the conjugated drug to the targeted organ, according to

information provided by Cell Works Inc. of Maryland, the previous owner

of this IP portfolio.

IpAuctions, Inc.® (www.ipauctions.com)

is the leading online auction firm specializing in the sale of

intellectual property assets. The firm has a proprietary database of

over 7,000 attorneys, corporate and private buyers, and venture

capitalists, who wish to maximize their IP assets. IpAuctions, Inc. is a

member of the National Auctioneers Association and the ABI.

For more information about this sale or other intellectual property,

please contact Joseph Popolo (CEO) or Davel Foote (Mrktg), IpAuctions,

Inc. at 866-826-1300 or 348 Mill St., Reno, NV 89501 USA. Email: info@ipauctions.com.

IpAuctions, Inc., Reno
Joseph Popolo or Davel Foote, 866-826-1300
info@ipauctions.com

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