Cortech Makes Announcement.Business Editors BEDMINSTER, N.J.--(BUSINESS WIRE) CORTECH, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (CRTQ - 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 ) United Therapeutics Corporation today terminated its license agreement with Cortech. United Therapeutics Corporation advised that it had discontinued its UT-77 drug development project based on preclinical results and Phase II testing. UT-77 is a serine serine (sĕr`ēn), organic compound, one of the 20 amino acids commonly found in animal proteins. Only the l-stereoisomer appears in mammalian protein. elastase elastase /elas·tase/ (e-las´tas) see pancreatic elastase. e·las·tase n. An enzyme found especially in pancreatic juice that catalyzes the hydrolysis of elastin. inhibitor which United Therapeutics Corporation licensed in 1998 from Cortech (CE-1037) for development in chronic obstructive pulmonary disease chronic obstructive pulmonary disease n. Abbr. COPD A chronic lung disease, such as asthma or emphysema, in which breathing becomes slowed or forced. . Cortech is actively seeking acquisitions and/or a merger partner. Cortech has 1,852,209 shares of common stock outstanding. This release contains forward-looking statements which may involve known and unknown risks, uncertainties and other factors that may cause Cortech's actual results and performance in future periods to be materially different from any future results or performance suggested by these statements. Cortech cautions investors not to place undue reliance on forward-looking statements, which speak only to management's expectations on this date. |
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