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Celsion acquires all property of EGEN Celsion Corporation.

Sidley Austin LLP and O'Melveny & Myers LLP acted as legal counsel to Celsion because of this transaction.. Celsion acquires all property of EGEN Celsion Corporation , an oncology drug development organization, today announced the completion of the acquisition by Celsion of all of the possessions of EGEN substantially, Inc. , a privately-held biopharmaceutical company centered on the development of nucleic acid-centered therapeutics for the treatment of cancer and other hard to treat diseases.Many therapeutic medications administered by pill, cream, syringe, IV or liquid can be a hit or miss delivery program. Researchers statement that only 1 1 of 100,000 molecules of an intravenous medication make it to the intended spot in the physical body. ‘The big issues for making medicines more effective are getting medications to where they are required and keeping them from breaking down because they circulate through the body,’ said Alexis.