Cancer and medical patents on auction block
Cell Works Inc. will sell 30 of its cancer, medical and diagnostic patents through an online auction conducted by IpAuctions Inc. the week of July 16. A therapeutic drug for liver cancer, which was granted orphan drug status by the Food and Drug Administration, is among the patents on the auction block.
Maryland-based Cell Works is also auctioning a drug delivery system that specifically targets a patient’s diseased organ. This avoids damage to other healthy organs by the cancer drugs. One diagnostic tool for sale identifies micro-tumors in body fluid samples.