News Focus
News Focus
Followers 16
Posts 4589
Boards Moderated 0
Alias Born 07/15/2002

Re: pphmtoolong post# 58415

Thursday, 11/18/2010 5:16:11 PM

Thursday, November 18, 2010 5:16:11 PM

Post# of 347009
She replied the Medipharm was a privately held company

Found this twist to the story:

March 1, 2007

Peregrine recently announced that it had established a wholly foreign-owned enterprise (WFOE) in the People’s Republic of China. The new subsidiary, Peregrine Beijing Pharmaceuticals Technology Development Ltd., is expected to engage in a variety of drug development and commercialization activities.

http://healthplanet.wordpress.com/category/lung-cancer/page/19/

Strange

And:
Other Developments
-- Peregrine settled a lawsuit with Cancer Therapeutics Laboratories (CTL).
Under the terms of the agreement, CTL is transferring shares in
Medibiotech Co., Inc. to Peregrine, giving Peregrine close to a 5%
ownership stake in Medibiotech. Medibiotech is a Chinese company that
has the exclusive rights in the People's Republic of China to
develop and market a version of Peregrine's radiolabeled tumor
necrosis therapy (TNT) technology for the treatment of cancer.
Peregrine will also make certain cash payments to CTL.

(Why no updates, CTL is private)?