Pipex heads to American Stock Exchange, about to license 2 drugs

Ann Arbor-based Pipex Pharmaceutical Inc. has moved to the American Stock Exchange and will launch two drugs -- one to treat multiple sclerosis and another to treat the lung-crippling Wilson's disease.

Excerpt:

Pipex was founded in Miami in 2001 by Steve Kanzer, the company’s chairman and CEO. A biotech investor, Kanzer moved Pipex to Michigan in 2004 to be nearer to the talent pool in Ann Arbor.

"Florida is working on its biotech industry. But there is so much more talent in Michigan, I decided to come here," he said.

Read the entire article here.
Enjoy this story? Sign up for free solutions-based reporting in your inbox each week.