PHOTOGEN TECHNOLOGIES INC
8-K, 1998-07-16
NON-OPERATING ESTABLISHMENTS
Previous: INTERNATIONAL AMERICAN HOMES INC, PRE 14A, 1998-07-16
Next: VAN KAMPEN AMERICAN CAPITAL TAX EXEMPT TRUST, N-30D, 1998-07-16



<PAGE>
===============================================================================

                          SECURITIES AND EXCHANGE COMMISSION
                                Washington, D.C. 20549


                                       FORM 8-K

                                    CURRENT REPORT

                              _________________________


                       Pursuant to Section 13 or 15(d) of the
                          Securities Exchange Act of 1934

                              _________________________


                           DATE OF REPORT: JULY 14, 1998
                         (Date of earliest event reported)


                            PHOTOGEN TECHNOLOGIES, INC.
               (Exact name of registrant as specified in its charter)


              NEVADA                       0-23553               36-4010347
 (State or other jurisdiction of  (Commission File Number)  (I.R.S. Employer
 incorporation or organization)                             Identification No.)



7327 OAK RIDGE HIGHWAY, SUITE B
KNOXVILLE, TENNESSEE                                             37931 
(Address of principal executive offices)                         (Zip Code)

                                    (423) 769-4011
                 (Registrant's telephone number including area code)

===============================================================================
<PAGE>

ITEM 5.   OTHER EVENTS.

     Photogen Technologies, Inc. announced that it has received a notice of 
allowance regarding 79 claims on its patent application covering its light- 
and laser-based imaging technology, as more fully described in the Company's 
Press Release dated July 14, 1998, filed as Exhibit 99 hereto. 

ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS.

     (c)  The following exhibit is filed with this report:

99   Press release of the Company, dated July 14, 1998, announcing U.S. patent
     and Trademark Office notice of allowance regarding imaging patent
     application.


                                   SIGNATURES

          Pursuant to the requirements of the Securities Exchange Act of 
1934, the Registrant has duly caused this report to be signed on its behalf 
by the undersigned hereunto duly authorized.

                                   Photogen Technologies, Inc.



                                 By: /s/ John Smolik
                                    --------------------------
Date:     July 14, 1998             John Smolik, President

                                       -1-
<PAGE>

                                    EXHIBIT INDEX

<TABLE>
<CAPTION>

Exhibit
No.            Description
- ---            -----------
<S>       <C>
99        Press release of the Company, dated July 14, 1998, announcing U.S.
          Patent and Trademark Office notice of allowance recording imaging
          patent application.
</TABLE>
                                       -2-


<PAGE>

[PHOTOGEN LETTERHEAD]

FOR IMMEDIATE RELEASE                                   CONTACT: ROBERT CATHEY
                                        ACKERMANN PUBLIC RELATIONS & MARKETING
                                   (423) 584-0550  or  [email protected]

                  PATENT OFFICE ALLOWANCE PROTECTS DEVELOPMENT OF
                      ADVANCED SOFT-TISSUE IMAGING TECHNOLOGY

KNOXVILLE, TENN. - JULY 14, 1998 - Photogen Technologies, Inc. (OTC-PHGN) has 
received from the U.S. Patent and Trademark Office a Notice of Allowance 
approving 79 claims on the Company's patent application covering its light- 
and laser-based imaging technology.

Company scientists are working toward the development of proprietary light- 
and laser-based technologies to enhance the safety and efficacy of 
photodynamic therapy and photodynamic imaging for the diagnosis and treatment 
of cancer, infectious diseases and other medical conditions. Technology 
developed from the imaging patent would employ light-activated imaging agents 
to detect diagnostically significant features at a cellular level.

As a result of this Notice of Allowance, the Company expects the Patent and 
Trademark Office to issue a patent covering those claims.

Through its imaging technology, Photogen Technologies hopes to identify and 
diagnose disease by applying light energy delivered via its two-photon 
excitation technology to photoactive agents that contain a targeting molecule 
making them preferentially absorbed in diseased cells. This imaging 
technology has not been demonstrated in animal or human clinical trials.

"This technology offers the potential for a new generation of soft tissue 
imaging," said John Smolik, president of Photogen. "Our early lab work 
indicates that a photodynamic-based approach - which our new patent will 
protect our ability to exploit - might well resolve smaller biological 
features and detect disease earlier than possible with current X-ray 
technology. Also, a photodynamic approach to soft-tissue imaging eliminates 
potential health issues associated with repeated exposure to X-rays."

The Company previously received a Patent and Trademark Office Notice of
Allowance for over 60 claims relating to the use of two-photon excitation for
therapeutic purposes. These proprietary

                                       (more)

<PAGE>

PHOTOGEN TECHNOLOGIES RECEIVES NOTICE OF ALLOWANCE / 2


technologies use two-photon excitation to deliver light to particular sites 
in tissue and activate photodynamic drugs for the purpose of treating a 
variety of diseases.

Photogen Technologies, Inc., through its wholly owned subsidiary - Photogen, 
Inc. - is a development-stage Company focused on creating 
photodynamic-related health care products based on its proprietary two-photon 
excitation and related technology. The Company has discovered new methods for 
using laser-generated light to activate photoactive agents within deep tissue 
sufficient to produce a range of beneficial therapeutic and diagnostic 
outcomes. These technologies involve methods, materials and devices that may 
be used to produce light and photoactive agents that will destroy diseased 
cells, remove tissue or identify and diagnose disease. 

This news release may contain forward-looking statements that involve risks 
and uncertainties. The Company has no products or operating revenues at this 
time. A full discussion of the Company's operations and financial condition, 
including risk factors that may affect the Company's business and future 
prospects, is contained in documents the Company files with the Securities 
and Exchange Commission, such as the Company's Form 10-SB and the Company's 
reports on Form 10-QSB and Form 10-KSB. These documents identify important 
factors that could cause the Company's actual performance to differ from 
current expectations. The common stock of Photogen Technologies, Inc. is 
traded on the over-the-counter bulletin board market under the symbol PHGN.

For information, contact Robert Cathey at Ackermann Public Relations & 
Marketing, 423/584-0550, e-mail: [email protected]. Or, visit our World 
Wide Web site, at www.photogen.com. 

                                      #  #  #

Photogen is a trademark of Photogen Technologies, Inc.



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission