Corrections or additions?
This article was prepared for the
Movember 7, 2001 edition of U.S. 1 Newspaper. All rights
reserved.
On the Move
A product being developed by a Carnegie Center-based
biotech might be put into service to diagnose cases of inhaled
anthrax.
Palatin Technologies had applied two years ago to have the FDA approve
its LeuTech infection imaging agent for diagnosing appendicitis. Now
doctors at the Walter Reed Army Medical Center have put LeuTech on
a fast track to possibly replace the current — very slow —
test for inhaled anthrax.
When Palatin’s antibodies are injected into a patient, they attach
themselves to white blood cells that will gravitate to the site of
an infection. With Palatin’s LeuTech product, technicians can label
these antibodies with a radio-isotope called technetium-99m. Then
they track the white blood cells with an X-ray-like machine called
a gamma camera to discover the site of an infection. Doctors can
“see”
and diagnose the infection in less than 30 minutes, even before a
patient has symptoms.
The current test for anthrax produces results 36 hours after the
patient
develops symptoms, which is often too late for successful treatment.
Palatin will donate the LeuTech for these experiments, says Stephen
Wills, who founded this company with Ed Quilty as a shell, used to
acquire interesting technologies. Soon the 36-person firm will
consolidate
its laboratory in Edison and its corporate office at the Carnegie
Center by moving to Cedar Brook Corporate Center.
Palatin Technologies Inc. (PTN), 103 CarnegieCenter,Suite 200, Princeton 08540. Carl Spana PhD, CEO. 609-520-1911; fax,609-452-0880. Www.palatin.comTop Of PagePostal AlternativeBills arriving in the mail are rarely welcome, but billsin today’s mail carry the onus of potential contamination. TwoPrincetoncompanies — Paytrust and Princeton eCom — are helping to craftthe world’s ultimate weapon in the anti-anthrax war — paperlessbills. Such Internet-based systems enjoy a “no-paper” safetyfactor. If you don’t get your bill in the mail, it can’t carrybio-terrorspores.Paytrust’s consumer clients use its website to receive and pay bills.”Our existing customers are writing us about how happy they areto be receiving their bills through E-mail,” says Laurel Cecila,spokesperson for the firm with 300 employees nationwide, including50 at Quakerbridge Executive Center (www.paytrust.com).Princeton eCom, at 650 College Road, is an outsource provider forbiller-direct sites; it presents 650,000 bills per month for paymenton the Internet, and 800,000 by telephone. The 345-person firm numbers100 billers and more than 1,100 banks among its clients(www.princetonecom.com).”We wouldn’t expect to see a large impact until three to sixmonthsdown the road,” says Tom Healey, spokesperson. “But we havehad a 15 to 20 percent increase in telephone payment and one clientrolling out an E-billing service got 20 to 25 percent more responsesthan expected.”Top Of PageContracts AwardedKyowa Pharmaceutical Inc. (KYKOF), 104 CarnegieCenter, Suite 301, Princeton 08540. Tetsushi Inada PhD, president.609-919-1100; fax, 609-919-1111. Home page: www.kyowa-kpi.comJohnson & Johnson contracted with Kyowa Hakko Kogyo to buy out Kyowa’s40 percent equity stake in a pharmaceutical joint venture,Janssen-Kyowa.Terms of the deal were not disclosed.Top Of PageDeathsKatherine Julia Kerekes-Pullen, 54, on October 27. Shewas office coordinator at SRI Consulting – Business Intelligence andhad also worked at Educational Testing Service.Ann D. Henry, 48, on October 31. A commercial real estatebroker, she worked in the marketing department at Gale and Wentworthin Forrestal Village.Paul Yates Sr., 37, on November 2. He was a printer atPequod Press.Corrections or additions?This page is published by PrincetonInfo.com— the web site for U.S. 1 Newspaper in Princeton, New Jersey.
