Polymasc's medical soap opera

Article Abstract:

Polymasc is a biotechnology developer developed from work at the Royal Free Hospital School of Medicine, London, England. The company is 50% owned by its founders and the medical school, and could be very successful if its technology can be marketed. The technique being developed by Polymasc allows drugs to be retained for longer so that lower doses are needed. This could be useful for a number of conditions including cancer and gene therapy. The company's shares are seen as good value in Jan 1996.

Polymasc Pharmaceutical

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Mushrooming

Article Abstract:

Xenova is a UK biotechnology company that seeks to develop drugs from natural chemicals, and the company has the biggest library of such chemicals worldwide. Xenova has set up alliances with major pharmaceutical companies such as Genentech and Warner Lambert, and the company will have royalties if compounds it identifies can be marketed. Xenova is also developing its own drugs from compounds which have the greatest potential and is developing two anti-cancer treatments and a thrombosis drug.

Xenova Group PLC

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Phytopharm

Article Abstract:

Phytopharm is a biotechnology company which uses traditional remedies based on plants to develop drugs. The company develops remedies where some evidence is available of their effectiveness, and this helps reduce risks of failure. The company has signed an agreement with Pfizer which will fund development of an appetite suppressant using a herb from South Africa. The company's stock price have been affected by negative sentiment relating to the sector, but it is a relatively low risk firm.

Phytopharm

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Subjects list: Management, Biotechnology industry, Biotechnology industries, Biochemistry
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