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- MediChem has perfected a synthetic reproduction of calanolide A, which means the company doesn't need the trees anymore.
- MediChem Life Sciences Inc ., Lemont, Ill ., an initial public offering of 6.4 million shares.
- Researchers labeled the extract from the second tree calanolide B . MediChem, the drug company, is just beginning trials in healthy humans to test its toxicity.
- The company expanded to an annual revenue of about $ 2 million, but was sold to MediChem, in 2000; this company in turn was later purchased by DeCODE Genetics.
- If, as company officials believe, the initial results are positive, then MediChem will test calanolide A in the popular drug cocktails that have extended the lives of HIV-infected patients.