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	Mesothelioma Health Information Drug company gets $40M in venture funds The company's Morab-009 compound is in early stage testing at Fox Chase Cancer Center in Philadelphia, Johns Hopkins in Baltimore and the National Cancer Institute in patients with pancreatic, mesothelioma, non-small cell lung and ovarian cancer. October 12, 2006 01:51 PM ET Morphotek Inc. said Thursday it raised $40 million through a private stock sale to a group of venture capital firms. The proceeds will be used by the Exton, Pa., biopharmaceutical company to advance its lead therapeutic antibodies, Morab-003 and Morab-009, and its own experimental compounds which are all being studied as potential treatments of oncology, inflammatory and infectious diseases. Morphotek's lead antibody, Morab-003, targets a surface receptor on cancer cells known as folate receptor alpha that are found on ovarian, breast, colorectal, lung and renal tumors. The company's Morab-009 compound is in early stage testing at Fox Chase Cancer Center in Philadelphia, Johns Hopkins in Baltimore and the National Cancer Institute in patients with pancreatic, mesothelioma, non-small cell lung and ovarian cancer... (Read More) posted by MesoHealth at 4:55 PM 0 comments Previous Posts State cracks down on asbestos rule Enforcement expected to add to cost of remodeling A Fight for Life: Author Describes Family's Asbestos Tragedy Oklahoma mesothelioma victim files suit in Madison County EPA studying gravel pits near the Killdeer Mountains Lilly begins new trial on cancer drug Alimta No Double Dipping Woman settles asbestos claim Drug company gets $40M in venture funds Libby’s dark secret Firm Must Pay Asbestos Costs Of $54.5 million

Copyright 2006 Mesothelioma-Health.org
All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral
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