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Q: Demise of Cellpro, Nexell, innovative cancer treatments? ( No Answer,   0 Comments )
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Subject: Demise of Cellpro, Nexell, innovative cancer treatments?
Category: Business and Money
Asked by: gaack-ga
List Price: $17.00
Posted: 08 Feb 2006 21:21 PST
Expires: 10 Mar 2006 21:21 PST
Question ID: 443459
I want to know what happened to the spoils of Cellpro, a small but
innovative company with potentially lifesaving technology that was
forced out of business by a controversial multi-million dollar patent
infringement lawsuit brought by giants Baxter, Johns Hopkins, et. al.
This story was dramatized in the book "Patient Number One", written by
Cellpro's former CEO Rick Murdock. The spinoff company, Nexell
Therapeutics, which Baxter created to deliver their own competing
product to Cellpro's and that now had Cellpro's patents and
technology--this company itself went out of business despite prior
assurances to the government that Cellpro's existing clinical trials
would not be negatively impacted by the takeover of all Cellpro
assets. The implication that one gets from reading the book is that
some of the best minds and technology working synergistically together
were scattered about by the imposed breakup, to the detriment of
patients seeking  breakthrough cancer treatments. I recall reading
that 60 Minutes was set to do a piece on this story, but backed out of
airing it, giving the reason as the story being too complex for the
common viewer to grasp. I want to grasp the story 60 minutes didn't
think I could, and I would like a more current update with the story
of Nexell's demise included in it. Though a number of news stories
came out around the time of the lawsuit, there appears to be a
surprising lack of follow-up from any Google-searchable source.
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