Moctanin
Executive Summary
Orphan gallstone dissolver is marketed by Ethitek, not Ascot Pharamaceuticals ("The Pink Sheet" Oct. 10, T&G-10). Ethitek was formed in April 1986 after Baxter Travenol purchased all the assets, with the exception of Moctanin, of Ascot Hospital Pharmaceuticals. Moctanin (monoctanoin) is Ethitek's only product; however, the firm is pursuing expanded indications and is currently in clinicals for use of Moctanin as a dissolution agent for stones in the gallbladder.