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Genetic Therapy, Inc. Wins Broad Patent For Human Gene Therapies

Published in Gene Therapy Weekly, April 17th, 1995

Genetic Therapy, Inc., of Gaithersburg, Maryland, received rights to a broad patent covering a wide range of experimental gene therapy techniques being tested against AIDS, cancer and other illnesses, according to the Wall Street Journal.

The biotechnology company received an exclusive license for the patent from the U.S. National Institutes of Health (NIH), but it isn't clear how valuable the patent will be to the small company, since it may be years before anyone can commercialize the technique.

Brandon Fradd, an analyst with Montgomery Securities in San Francisco, California, said the breadth of the patent helped drive up the company's shares,...

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