Addex to Present at the BIO CEO & Investor Conference
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Addex Pharmaceuticals /
Addex to Present at the BIO CEO & Investor Conference
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The issuer is solely responsible for the content of this announcement.
Geneva, Switzerland, February 10, 2012 - Addex Pharmaceuticals (SIX:ADXN), a
leading biopharmaceutical company pioneering allosteric modulation-based drug
discovery and development, announced today that Dr. Bharatt Chowrira, CEO of
Addex, will present at 9am EST on February 14, 2012, at the BIO CEO & Investor
Conference in New York City. Dr. Chowrira will highlight the Company's oral
small molecule drug discovery and development platform and provide a review of
its pipeline, including two lead products in Phase IIa testing for Parkinson's
disease and schizophrenia. The presentation, live webcast and webcast replay
will be available via the Internet at:
http://www.veracast.com/webcasts/bio/ceoinvestor2012/08203366.cfm
( )
Addex Pharmaceuticals (www.addexpharma.com) discovers and develops an emerging
class of small molecule drugs, called allosteric modulators, which have the
potential to be more specific and confer significant therapeutic advantages over
conventional "orthosteric" small molecule or biological drugs. The Company uses
its proprietary discovery platform to address receptors and other proteins that
are recognized as attractive targets for modulation of important diseases with
unmet medical needs. The Company's two lead products are being investigated in
Phase IIa clinical testing: dipraglurant (ADX48621, an mGluR5 negative
allosteric modulator or NAM) is being developed by Addex to treat Parkinson's
disease levodopa-induced dyskinesia (PD-LID); and ADX71149 (mGluR2 positive
allosteric modulator or PAM) is being developed by our partner Janssen
Pharmaceuticals Inc. to treat schizophrenia. Addex also is advancing several
preclinical programs including: GABA-BR PAM for pain, overactive bladder and
other disorders; mGluR4 PAM for Parkinson's, anxiety and other diseases; GLP1R
PAM for type 2 diabetes; mGluR2 NAM for treating Alzheimer's disease and
depression; and FSHR/LHR NAM for sex hormone dependent tumors & reproductive
system disorders. In addition, Addex has discovery programs to identify
allosteric modulators of: receptor tyrosine kinase (RTK) superfamily, including
TrkB PAM for treating neurodegenerative diseases (e.g. Alzheimer's, Parkinson's
and Huntington's diseases); and TNF receptor superfamily, including TNFR1 NAM
for inflammation (e.g. rheumatoid arthritis) and other diseases.
Chris Maggos
Business Development & Communication
Addex Pharmaceuticals
+41 22 884 15 11
chris.maggos(at)addexpharma.com
Disclaimer: The foregoing release may contain forward-looking statements that
can be identified by terminology such as "not approvable", "continue",
"believes", "believe", "will", "remained open to exploring", "would", "could",
or similar expressions, or by express or implied discussions regarding Addex
Pharmaceuticals Ltd, its business, the potential approval of its products by
regulatory authorities, or regarding potential future revenues from such
products. Such forward-looking statements reflect the current views of Addex
Pharmaceuticals Ltd regarding future events, future economic performance or
prospects, and, by their very nature, involve inherent risks and uncertainties,
both general and specific, whether known or unknown, and/or any other factor
that may materially differ from the plans, objectives, expectations, estimates
and intentions expressed or implied in such forward-looking statements. Such may
in particular cause actual results with allosteric modulators of mGluR2, mGluR4,
mGluR5, mGluR7, GABA-BR, FSHR/LHR, GLP1R, TNFR1, RTK, TrkB or other therapeutic
targets to be materially different from any future results, performance or
achievements expressed or implied by such statements. There can be no guarantee
that allosteric modulators of mGluR2, mGluR4, mGluR5, mGluR7, GABA-BR,
FSHR/LHR, GLP1R, TNFR1, RTK, TrkB or other therapeutics targets will be
approved for sale in any market or by any regulatory authority. Nor can there be
any guarantee that allosteric modulators of mGluR2, mGluR4, mGluR5, mGluR7,
GABA-BR, FSHR/LHR, GLP1R, TNFR1, RTK, TrkB or other therapeutic targets will
achieve any particular levels of revenue (if any) in the future. In particular,
management's expectations regarding allosteric modulators of mGluR2, mGluR4,
mGluR5, mGluR7, GABA-BR, FSHR/LHR, GLP1R, TNFR1, RTK, TrkB or other therapeutic
targets could be affected by, among other things, unexpected actions by our
partners, unexpected regulatory actions or delays or government regulation
generally; unexpected clinical trial results, including unexpected new clinical
data and unexpected additional analysis of existing clinical data; competition
in general; government, industry and general public pricing pressures; the
company's ability to obtain or maintain patent or other proprietary intellectual
property protection. Should one or more of these risks or uncertainties
materialize, or should underlying assumptions prove incorrect, actual results
may vary materially from those anticipated, believed, estimated or expected.
Addex Pharmaceuticals Ltd is providing the information in this press release as
of this date and does not undertake any obligation to update any forward-looking
statements contained in this press release as a result of new information,
future events or otherwise, except as may be required by applicable laws.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Addex Pharmaceuticals via Thomson Reuters ONE
[HUG#1584450]
Unternehmensinformation / Kurzprofil:
Datum: 10.02.2012 - 07:00 Uhr
Sprache: Deutsch
News-ID 113232
Anzahl Zeichen: 6842
contact information:
Town:
Plan-les-Ouates, Geneva
Kategorie:
Business News
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