Word: genex
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Dates: during 1980-1989
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...human growth hormone used to treat dwarfs. Patients at Stanford University's hospital a few weeks ago developed fevers after taking the new drug. Concedes Marketing Manager Gary Hooper: "The product wasn't at a stage where we would have liked it to be.' Executives at Genex, the Rockville, Md., gene-splicing firm, expect to double its million-dollar business this year Genex is currently seeking outside capital for a major research project: developing a bacterial organism that would convert biomass like wood or grass into ethanol, which is used in the production of industrial chemicals...
...Genex Corp. of Rockville, Md., another fast-rising entry in the field, was founded three years ago by Molecular Biologist Leslie Glick and another professional raiser of venture capital, Robert Johnston. Though the company is secretive about its projects, Bristol-Myers revealed that Genex is working for it on the production of interferon...
...variations. Says James Watson, Nobel laureate and co-discoverer in the 1950s of the double-helix structure of DNA: "It will be awfully hard to show uniqueness, to prove that one man's microbe is really different from another's." That, says J. Leslie Glick, president of Genex Corp. in Bethesda, Md., could lead to modifying bacterial strains mainly for "defensive reasons, a waste of research." Lawyers especially stand to gain if patenting life becomes their way of making a handsome living. Quipped Stephen Turner, president of Bethesda Research Laboratories: "I call this the Patent Lawyer...
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