Corporate Profile for NeoTherapeutics Inc., dated Friday, Nov. 21, 1997.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Friday, Nov. 21, 1997
Company Name: NeoTherapeutics Inc.
Address: 157 Technology Drive
Irvine, Calif., 92618
Main Telephone
Number: 714/788-6700
Internet Home
Page Address
(URL): info@neotherapeutics.com
Chief Executive
Officer: Alvin J. Glasky, Ph.D.
Chief Financial
Officer: Samuel Gulko
Investor Relations
Contact: Carol M. Hess (general)
Steve Runnels, executive vice president
(scientific)
Business number: 714/788-6700
Public Relations
Contact: Steve Runnels, executive vice president
Business number: 714/788-6700
Trading Symbol/
Exchange: NEOT (Common), NEOT (Warrants) on NASDAQ
Industry: Biopharmaceutical
Market Makers: Herzog, Heine, Geduld Inc.; Mayer & Schweitzer
Inc.; Paulson Investment Co.; Allen & Company
Inc.; Knight Securities L.P.; Troster Singer
Corp.; Gruntal & Co. Inc.; Stephens Inc.;
Josepthal Lyon & Ross; Mesirow & Co. Inc.; Nash
Weiss/Division of Shatkin Inv.; First Colonial
Securities Group; M.H. Meyerson & Co.; Newby &
Company; Sherwood Securities Corp.
Company description: The company is a development stage biopharmaceutical company engaged in the discovery and development of novel therapeutic drugs intended to treat neurodegenerative diseases neurodegenerative diseases diseases characterized by neurodegeneration. Lesions are microscopic only but in chronic disease with massive involvement there may be grossly visible atrophy of affected nervous tissue. and conditions, such as memory deficits associated with Alzheimer's disease Alzheimer's disease (ăls`hī'mərz, ôls–), degenerative disease of nerve cells in the cerebral cortex that leads to atrophy of the brain and senile dementia. and aging, stroke, spinal cord injuries Spinal Cord Injury Definition Spinal cord injury is damage to the spinal cord that causes loss of sensation and motor control. Description Approximately 10,000 new spinal cord injuries (SCIs) occur each year in the United States. and Parkinson's disease Parkinson's disease or Parkinsonism, degenerative brain disorder first described by the English surgeon James Parkinson in 1817. When there is no known cause, the disease usually appears after age 40 and is referred to as Parkinson's disease. . The company's initial product candidatehe company's patented technology. This technology uses small synthetic molecules to create non-toxic comply act upon specific target cells in specific locations in the central nervous system, including the braincertain neurotrophins, a type of large protein,been developed to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the beneficial AIT-082 could have prophylactic prophylactic /pro·phy·lac·tic/ (pro?-fi-lak´tik) 1. tending to ward off disease; pertaining to prophylaxis. 2. an agent that tends to ward off disease. pro·phy·lac·tic n. , therapeutic anare projected to commence in two to five years. Stock high/lows: 16 3/8 on June June: see month. 23, 1997 (high); 1 on Dec.et - Business Wire's full file on the Int ernet with Hyperlinks to your home page. URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com |
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