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November 01, 1996 - Image 54

Resource type:
Text
Publication:
The Detroit Jewish News, 1996-11-01

Disclaimer: Computer generated plain text may have errors. Read more about this.

-
[A. Jm

quity Trade Program.
We Pay Off Your Trade
Regardless of How
Much You Owe!

CONTINENTAL

"Best Deal In Town"

Variety - The Children's
Charity will hold its second an-
nual "Care for Kids" radiothon
Friday and Saturday, Nov. 8-9,
on WYST-FM (97.1). The radio-
thon will be broadcast from the
center court of Oakland Mall in
Troy, and Birmingham resident
and attorney Richard Bockoff
will again serve as chairman.
Last year's radiothon raised
more than $53,000, which sup-
ports a variety of local charities,
including the Variety Cardiolo-
gy Center at Children's Hospital
of Michigan.

.4

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pkg rear spoiler. mud guards. woodgrain
dash and more. $2310 down, $200 Sec. Dep.

■ 111M.

#7959 Auto,. air, pwr. pkg., am/fm/cass.,
rear defrost and morel $1922 down. $200
Sec. Dep.

NEW 1 97 TOYOTA COROLLA DX

Over 47
Available at
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Savings!

Jennifer B. Anchill

LEASE

With only two other MS drugs
on the market, Copaxone also of-
fers new hope to the 750,000 peo-
ple suffering worldwide from the
debilitating autoimmune disease,
which attacks and weakens the
central nervous system.
In the late 1960s, Dvora Teit-
elbaum, then a doctoral student
at the Weizmann Institute, was
conducting research on the effects
of synthetic proteins, or polymers,
on animals. Under the auspices
of immunologists Michael Sela
and Ruth Amon, the team began
developing a treatment using
polymers to suppress MS attacks
in animals.
After more than 15 years of re-
search, COP-1, the scientific name
for Copaxone, successfully com-
pleted preliminary
clinical trials at the
Albert Einstein
Medical Center in
1986, and with
growing faith in
COP-1's potential,
the Weizmann In-
stitute began look-
ing for a company
that could take its
treatment to the
marketplace.
At about the
same time, Teva's
CEO Eli Hurvitz
was beginning to
look into local re-
search projects in order to begin
producing innovative drugs, a
bold move for a company whose
sales were less than $100 million.
The Teva-Weizmann relation-
ship is one of the few examples of
such collaboration between Israeli
academia and Israeli industrial
•initiatives.
Although COP-1 had lost all of
its patent protection in the near-

TEVA page 50

; 2L 4 E:10E S . $ 1 59 * M 0

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24 MOS. 11.1gii IVI 0 .

JENNIFER FRIEDLIN SPECIAL TO THE JEWISH NEWS

0

NEW 1 97 TOYOTA CAMRY LE Olt NEW IT MAZDA 626 LX

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•Teva Pharmaceuticals
Plays With Big Boys

n Sept. 19, more than 20
Teva Pharmaceutical In-
dustries employees at-
tended a monumental
meeting in Washington, D.C. Not
only would the U.S. Food and
Drug Administration's peripher-
al and central nervous system ad-
visory panel determine the fate of
Teva's multiple sclerosis drug, Co-
paxone; the result of the meeting
would determine whether this
corporate star in the relatively mi-
nor-league world of Israeli indus-
try would be promoted to the
international major league.
After five hours of deliberation,
Teva made the cut. And as a re-
sult, it looks as though Teva will
become the first Israeli pharma-
ceutical company to earn the
FDA's ap-
proval for an
innovative
drug, pro-
pelling the
company into
the exclusive
and highly
competitive
ranks of drug
manufactun
ers whose
novel treat-
ments gain
access to the
United States
marketplace. .
The com- -
pany has received what is known
as an approvable letter from the
FDA, but final approval on the
drug's labeling and dosage direc-
tions has yet to be granted.
Analysts estimate the inter-
national market for MS drugs has
the potential to reach between $1-
$4 billion and say that Copaxone
0 should generate between $200-
$300 million worth of sales for the
$1 billion company.

TA
MAZDA • VW

LINCOLN
MERCURY

versity. After her graduation in
May, she will join the computer
assurance services division at
Coopers & Lybrand.

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m I e- 4 os.

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* All prices plus tax, title, plate, lic., doc., and destination and acquisition tees. Leases all require 1st mo. & sec. dep. plus down pymt. Based on conventional financing. To get pymt. multiply by no. of
mos. Option to purchase at lease end for predetermined amt. Price determined at lease inception. 15,000 mile/yr. limit on leases. 11c per mile excess (12,000 miles/yr. limit on Import leases, 10c
mile excess). Lessee responsible for excessive wear & tear. Dealer not responsible for typographical errors. Pictures may not represent actual vehicles on sale. Prior sales excluded. Dealer
Customer must meet min. down pymt. requirements for approved credit w/ FMCC. Valid on 2 or 3 yr. Red Carpet
financing on select vehicles only. Others require conventional credit approval. ♦
Leases only. Valid on new vehicle leases only. On vehicles of greater value than pay-off of trade-in. Difference between cash value & of trade & pay-off amt. will be added to cost of new lease.
Pymts. on lease may increase accordingly. The difference may be paid. up front w/ down pymt. on lease if customer chooses.SALE ENDS Friday November 8th, 1996 at 9 p.m.

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