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Cell Works, Inc. to Offer Key Cancer Patents

BIOMEDICAL PATENTS AND TRADEMARKS IN AUCTION FAIR

Reno, NV - July 16, 2007 - IpAuctions Inc. has a major auction program of over 30 cancer and other medical patents beginning July 17th. The company is featuring the worldwide biotherapeutic patents previously owned by Cell Works Inc., a Maryland-based biotech company, which had focused on developing cancer therapeutics and diagnostics tools.

Six U.S. medical patents are for sale, including one associated with a liver cancer therapeutic drug that has already been granted orphan drug status by the Food and Drug Administration (FDA). According to Joseph Popolo, CEO of IpAuctions, Inc. “This major cancer patent offering has attracted many other patents and trademarks, all in the medical and health fitness area.”

Cell Works Inc. developed two technologies for the diagnosis, monitoring and treatment of cancer and other life threatening diseases. The therapeutic platform is a ligand-directed drug delivery system that can target an organ for greater specificity and efficacy with less toxicity to the patient. The diagnostic platform BloodBiopsySM is a circulating cancer cell test that detects isolates and characterizes cancer cells from a small sample of blood. This highly sensitive test can be used in conjunction with therapeutics for more effective cancer management.

Certain specific Cell Works’ patents to be auctioned relate to the identification and characterization of classes and subclasses of circulating cancer cells, including microtumors from body fluid samples. These patents explain molecular, cytological and morphological analyses and methods for staging patients and measuring the efficacy of medical treatments.

 

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