Management paper

EntreMed Exe screwive Summary 1.1 History and Background EntreMed, Inc., Maryland founded in 1991 and publically-traded since 1996 (NASDAQ: ENMD) a clinical-stage biopharmaceutical companionship create therapeutics that act on multiple galvanising cellular pathways involved in processes such as vicarious blood vessel growth, inflammation, coagulation, and programmed cell death(entremed.com) Through a combination of both hypermetropy and fortuity, EntreMed, in 1993, initiated its collaboration with Dr. Judah Folkman, the perplex of angiogenesis, who, more(prenominal) than 30 old age ago, discovered that tumors were ineffectual to thrive without networks of new blood vessels to establish them. The companys clinical do do drugss candidates, led by the small grain Panzem, draw shown a strong safety profile with neither toxicity nor clinically significant side effects reported. The important focus of EntreMeds drug pipeline is small molecules and peptides. Since the company s inception in September 1991, they have devoted almost all of its efforts and resources to conducting query and suppuration. Through declination 31, 2002, all of its revenues have been generated from license fees, query and development funding, royal family payments, the sale of royalty rights, and certain investigate grants.

EntreMed have non generated any revenue from direct ware sales, and the management anticipates that this shoes will change in the forthcoming years because the company has nine product candidates in development and three product candidates in human clinical trials. 1.2 labor and Competitors EntreMed operates in a very challenging, but also reward industr y, biotechnology industry. well-nigh 20 per! centage of the 320 US publicly traded biotech companies underwent restructuring in 2002 and more than 80 percent of those restructured companies were forced to cut programs and lay of employees. On a global basis, the net hurt of the biotechnology industry increased roughly $5.7 million to $12.4 billion as the subjugate of public companies decreased 3 percent in 2002. The previous(prenominal) year... If you want to get a spacious essay, order it on our website: OrderEssay.net

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