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3550 Barron Way, Suite 11A Reno ,NV 89511 Phone (775) 826-1300 Fax (775) 826-1322 |
IP AUCTIONS SELLING CELL WORKS PATENTS
| Contact: Joseph Popolo, CEO,
IpAuctions Inc. Phone: (775) 826-1300 |
FOR IMMEDIATE RELEASE 9 A.M. EST,June 25, 2007 |
RENO , NV , JUNE 25, 2007: IpAuctions Inc. and Tranzon Fox auction companies are collaborating to sell the worldwide biotherapeutic patents previously owned by Cell Works Inc. and now owned by Cell Works Diagnostics, Inc ("CWD") and Cell Works Therapeutics, Inc ("CWT")
Cell Works Inc., a Maryland-based biotech company, had focused on developing cancer therapeutics and diagnostics tools. Currently six U.S. medical patents are for sale, including one associated with a liver cancer therapeutic drug that has already been granted orphan drug status by the Food and Drug Administration (FDA). Also included in the sale are 24 foreign patents.
Company Summary: Cell Works Inc. developed two technologies for the diagnosis, monitoring and treatment of cancer and other life threatening diseases. The therapeutic platform is a ligand-directed drug delivery system that can target an organ for greater specificity and efficacy with less toxicity to the patient. The diagnostic platform BloodBiopsy SM is a circulating cancer cell test that detects isolates and characterizes cancer cells from a small sample of blood. This highly sensitive test can be used in conjunction with therapeutics for more effective cancer management.
Certain specific Cell Works' patents to be auctioned relate to the identification and characterization of classes and subclasses of circulating cancer cells, including microtumors from body fluid samples. These patents explain molecular, cytological and morphological analyses and methods for staging patients and measuring the efficacy of medical treatments.
Cell Works Inc. was started in 1997 by Dr. Paul Ts'o, a well-known Johns Hopkins University professor
For more information about this and other medical patent auctions, contact Joseph Popolo, CEO of IpAuctions Inc., at (775) 852-1956 or visit the web site to bid or for more Cell Works auction information at www.ipauctions.com.
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 6,500 corporate and private buyers, IP attorneys, and venture capitalists, who wish to maximize their IP assets. IpAuctions Inc. is a member of the National Auctioneers Association and the ABI. The company is based in Reno, NV.
Tranzon Fox is a full-service auction company and a member Company of Tranzon, L.L.C., with offices in Virginia Beach, Richmond and Fairfax, VA as well as the Baltimore, MD metro area. The professionals working at Tranzon member companies specialize in providing real estate, business asset and liquidation auction and accelerated marketing services to corporations, financial institutions, trustees, individuals and estates throughout the U.S.