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Life in the Fast Lane
These articles by Barbara Fox were published in U.S. 1 Newspaper
on Wednesday, May 20, 1998. All rights reserved.
Liposome stock shot up more than two points last week.
At the stockholders’ meeting on Thursday, May 14, a shareholder called
attention to the overwhelming publicity given to yet-to-be marketed
antiangiogenic compounds, which suppress growth of blood vessels that
feed tumor cells.
How was Liposome promoting its discoveries, the shareholder asked.
Andrew Janoff, the vice president of research & development, presented
data showing that two of the company’s bioactive lipids have tested
successfully in tumor-bearing mice. The scientific journal Cancer
Research reported that not only does Liposome’s TLC ELL-12 directly
kill tumor cells (at a ratio of up to 1 million cancer cells for every
normal cell) and stimulate the host’s anticancer agent, but it also
acts as its own antiangiogenic agent.
Janoff also discussed how much better Liposome’s proprietary
performed in mouse trials, compared to the widely used Taxol: "In
a mouse model of human ovarian cancer, all animals treated with
survived and appeared to be healthy at the end of the year-long trial,
whereas all those treated Taxol died from the disease." He
these optimistic announcements with the traditional caveats about
risk. Liposome stock closed Monday, May 18, at $7.80, up from $5.70
Meanwhile, on news that Integra LifeSciences Corp. lost $3.3 million
or 10 cents a share for the first quarter of this year, the company’s
stock dropped 60 cents, to $3.60. Last year the firm lost only $1.8
million or 6 cents per share, yet Stuart Essig, Integra’s president
and CEO, optimistically notes that revenues were up 43 percent, to
$4.6 million, compared to $3.2 million in the comparable quarter last
For the U.S. 1 Stock Index, call Faxback at 609-452-7000 and request
When he’s not juggling, or tutoring children in math
and science, or baking cookies, Don Mueller can be found urging small
companies not to be intimidated by large corporate legal departments.
"I would tell small business owners you need not back down,"
says Mueller. "Ask them the same questions they ask you."
Mueller, an entrepreneur with a home office in Monmouth Junction,
is developing a line of science and math products for children. He
is also fighting a lawsuit filed by Kellogg’s Inc., the Battle Creek,
Michigan-based cereal giant. Kellogg’s took offense when it learned
about one of Mueller’s proposed products, Nutri-Brain, a rectangular
cookie stamped with a physics formula. Kellogg’s feels it sounds too
much like its Nutri-Grain cereal bars.
Mueller’s responds that his product has no similarity with its
"They have a legal team that likes to make a lot of money,"
he says. "Ask them questions and try to get answers from them
and you’ll find out quickly how many cases they’ve got going —
many — and use that in court."
Mueller expects not to go to trial for another four months. Kellogg’s
is currently involved in another lawsuit with Exxon, over Exxon’s
use of the tiger — it conflicts with Tony the Tiger of Frosted
"What I’m trying to do is either license or do some private
or launch a product with financing angel money," Mueller says.
His main line of products are called Geometreats, cookies with
equations on them.
Mueller, 36, went to SUNY Buffalo (Class of 1993), after a stint
professional baseball that ended prematurely because of injuries.
He is finishing his Ph.D in chemistry at Rutgers and also marketing
clay toy prototypes and hand puppets as well as the cookies. Mueller
is literally a juggler. You can see him demonstrating his bounce
techniques at the Princeton Hospital Fete on Saturday, June 13.
"I have a way of doing too much too quickly," he says.
08852. Don Mueller, president. 732-274-1423; fax, 609-921-2999.
Davis practices family law — divorce, custody, juvenile
and domestic violence. The son of a Mercer College faculty member,
Davis majored in history at Rutgers, Class of 1992, and went through
the paralegal program at Fairleigh Dickinson. After representing
in a custody suit (he now has custody of his 5 1/2 year old son) he
earned a law degree from Rutgers Camden.
"I have been focused on family law since the day I applied to
law school," says Davis.
Road, Trenton 08619. 609-584-1444; fax, 609-584-1555.
Dennis M. Marconi has joined the law office of Mario L. Barnaba. The
new firm, known as Barnaba & Marconi LLP, also has an office at in
on Washington Road.
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