Corporate Profile for PDT Inc., dated July 7, 1995.--(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 information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine, CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company and many others. -0- Published date: July 7, 1995 Company name: PDT Inc.
Address: 7408 Hollister Ave.
Santa Barbara, Calif. 93117
Telephone No.: 805/685-9880 Fax No.: 805/685-2959 Chief Executive Officer: Gary S. Kledzik Chief Accounting Officer: John M. Philpott Investor Relations/ Public Relations Contact: Laurens Lichty or Jan Wiegand Trading symbol: NASDAQ:PDTI Industry: Medical/Pharmaceuticals Company description: PDT PDT abbr. Pacific Daylight Time PDT Pacific Daylight Time PDT n abbr (US) (= Pacific Daylight Time) → hora de verano del Pacífico PDT Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PDTI) develops pharmaceuticals and devices for photodynamic therapy photodynamic therapy n. A type of phototherapy in which a nontoxic light-sensitive compound that has been injected into a patient is exposed selectively to light, whereupon it becomes toxic to targeted malignant and other diseased cells. , an emerging medical technology that uses light-activated drugs to treat or diagnose diseases in a broad range of categories, including cancer, cardiology, dermatology, urology urology Medical specialty dealing with the urinary system and male reproductive organs. It traces its origin to medieval lithologists, itinerant healers who specialized in surgical removal of bladder stones. , gynecology and ophthalmology. The therapy offers advantages over traditional medical technologies in that it is a selective method of treating disease, is less invasive, can be used on an outpatient basis and has minimal side effects Side effects Effects of a proposed project on other parts of the firm. . Photodynamic treatments work as follows: Patients are injected with a specially formulated, synthetic drug that accumulates in rapidly dividing cells such as a cancer tumor. A low-power light is then directed at the treatment site, starting a photochemical reaction that destroys the abnormal, drug-saturated cells with minimal effect to normal tissues. PDT, one of a few companies in the world specializing in the field of photodynamic therapy, is conducting clinical and preclinical testing of its drugs and devices in cancer and non-cancer diseases. The company has achieved, through licensing arrangements and through its own development programs, a significant foundation of proprietary products. PDT is preparing for commercialization of its drugs and devices through collaborative agreements with leading medical companies such as Pharmacia, Boston Scientific Corp. and Cordis Corp. CONTACT: PDT Inc. |
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