Biopolymer Changes Name, Files Lawsuits
April 25, 2005
Biopolymer Changes Name, Files Lawsuits
EAGAN, Minn.BiopolymerEngineering changed its company name to Biothera, the immune health company.According to the company, the name change reflects the companys evolutionfrom a biomaterials company to a drug development company. Biotheras(www.biotherapharma.com) technology platform is based on enhancing the immunesystem, and it offers a number of carbohydrate compounds based on beta 1,3/1,6glucan.
Biothera also announced it filed three patent infringementlawsuits in Minnesota federal district court, alleging the named companies haveviolated patents covering Biotheras manufacturing and sales of proprietarybeta-glucan as a dietary supplement. The companies targeted included CypressSystems in Fresno, Calif., which makes BetaPrecise; Biotec Pharmacon ASA and itsU.S.
distributor Immunocorp regarding their product Immutol; andthe Chinese firm Fenchem Enterprises Ltd., which markets GreenShieldbeta-glucan. When contacted by INSIDER forcomment on the actions, the companies involved said they do not comment onpending litigation.
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