ENZN Profile
Enzon Pharmaceuticals, Inc. is a biotechnology company that is focused on
developing and commercializing therapeutics for patients with cancer
and other high unmet medical needs. The company was founded in 1981
and is headquartered in Piscataway, New Jersey.
Enzon's
pipeline includes proprietary platform technologies for the
development of novel therapeutics, including the PEGylation
technology, which enhances the efficacy and safety of existing drugs,
and the controlled-release technology, which enables the sustained
delivery of therapeutics over extended periods of time.
Enzon's
lead product candidate, PEG-SN38, is a PEGylated form of the
anticancer drug SN-38. PEG-SN38 is currently in Phase 2 clinical
development for the treatment of patients with metastatic pancreatic
cancer. The company's other product candidates include
controlled-release formulations of the anticancer drugs Camptosar and
PEGylated interferon alpha-2b.
In addition to its pipeline,
Enzon has a portfolio of royalty and licensing agreements with various
pharmaceutical companies. The company's current partnerships include
agreements with Novartis, Takeda, and Biogen.
Enzon has faced
some challenges in recent years, including a decline in revenue and
net income. However, the company has taken steps to address these
issues, including divesting non-core assets and focusing on its core
product candidates.
Overall, Enzon Pharmaceuticals, Inc. is a
biotechnology company with a focus on developing novel therapeutics
for the treatment of cancer and other high unmet medical needs. The
company's proprietary platform technologies and partnerships with
other pharmaceutical companies provide a strong foundation for its
future growth and success. However, potential investors should
carefully consider the risks and uncertainties associated with
investing in biotechnology companies, including clinical trial
failures and regulato
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