Enzon Pharmaceuticals Explained

Enzon Pharmaceuticals, Inc is a pharmaceutical company engaged in developing therapeutics to patients whose needs are unmet.[1] Its headquarters is now in Piscataway, New Jersey.[2] The company is a publicly traded company on NASDAQ under the symbol "ENZN". It's also doing marketing works in Asia areas such as China. In 2012, the company orally presented in Nanjing, China about the symposium of its drug delivery systems, which help improve therapeutic molecules' pharmaceutical properties.[3]

Enzon Pharmaceuticals, Inc
Type:Public
Location:Piscataway, New Jersey
Industry:Biotechnology
Foundation:1981[4]
Products:Drugs
Location City:Piscataway, New Jersey
Location Country:United States
Revenue:$ 34.49M (Dec31, 2013)[5]
Key People:George W. Hebard III, M.B.A. Richard L. Feinstein CPA
(Dec 31, 2012))[6]

History

Enzon Pharmaceuticals, Inc started its earliest business in 1981. Now, the focus of the company is mainly on development and production of drugs for cancer patients with high unmet needs.[7] It is also actively researching on improving the chemical attachment of PEG to help provide antibodies in molecules.[8] In 2010, Enzon Pharmaceuticals, Inc.sold its specialty pharmaceutical business to the sigma-tau Group (sigma-tau).[9] [10]

Production

The products of Enzon Pharmaceuticals, Inc include four principal compounds of different clinical development, as well as several novel mRNA antagonists in preclinical research.[11]

Research & Development

In July 2012, Enzon Pharmaceuticals presented the result from pre-clinical studies about human interferon-beta-1b (IFN-β-1b) and an anti-TNF-α antibody fragment (Fab) through releasable PEGylation at the 39th Annual Meeting & Exposition of the Controlled Release Society.[12]
In June 2012, Enzon Pharmaceuticals presented the Phase I study of PEG-SN38 in children with recurrent or refractory neuroblastoma and other solid tumors at the 2012 Advances in Neuroblastoma Research Conference.[13] In the same month, the company presented the Phase II study in which PEG-SN38 demonstrated notable activity in patients with previously treated metastatic breast at the American Society of Clinical Oncology Meeting.[14]
In May 2012, Enzon Pharmaceuticals reached a strategic partnership using Enzon's PEGylation linker technology and PEG-SN38 (EZN-2208) in China.[15]

Corporate affairs

Stocks

The ticker symbol for Enzon Pharmaceuticals, Inc is "ENZN", which was traded on NASDAQ.[16]

Scandals

The company has recently launched a nationwide recall of OMONTYS injection because of reports on serious hypersensitivity reactions, including possible life-threatening anaphylaxis.[17]

External links

Notes and References

  1. Web site: History. Dec 20, 2013.
  2. Web site: profile. Dec 23, 2013.
  3. News: Enzon Announces Two Oral Presentations. https://web.archive.org/web/20131227044722/http://www.reuters.com/article/2012/11/08/idUS146220+08-Nov-2012+MW20121108 . dead . 27 December 2013 . Dec 26, 2013 . Reuters. 8 November 2012.
  4. Web site: Business Summary . Dec 22, 2013.
  5. Web site: Company Key Statistics.
  6. Web site: Company Officers and directors.
  7. Web site: History. Dec 20, 2013.
  8. News: Enzon Announces Two Oral Presentations. https://web.archive.org/web/20131227044722/http://www.reuters.com/article/2012/11/08/idUS146220+08-Nov-2012+MW20121108 . dead . 27 December 2013 . Dec 26, 2013 . Reuters. 8 November 2012.
  9. Web site: Enzon Completes Sale of Specialty Pharmaceutical Business.
  10. Web site: Company Business Summary.
  11. Web site: Investors. Dec 25, 2013.
  12. Web site: Enzon Presents Pre-Clinical Data on Controlled Release of PEGylated Interferon-Beta-1b and PEGylated anti-TNF-a Antibody Fragment at the Controlled Release Society Annual Meeting.
  13. Web site: Enzon Announces Data From Phase I Study of PEG-SN38 in Pediatric Neuroblastoma and Other Solid Tumors Presented at 2012 Advances in Neuroblastoma Research Conference.
  14. Web site: Enzon Presents Final Analysis of Phase II PEG-SN38 (EZN-2208) Study in Patients With Metastatic Breast Cancer at 2012 ASCO Meeting.
  15. Web site: Enzon and Hisun Announce Strategic Alliance for Enzon's Customized PEGylation Linker Technology and Licensing Agreement for PEG-SN38 in China.
  16. Web site: Business Summary. Dec 22, 2013.
  17. Web site: SECURITIES AND EXCHANGE COMMISSION. Dec 25, 2013.