TSX Exchange Symbol: RVX
CALGARY, June 27, 2011 /PRNewswire/ - Resverlogix Corp. ("Resverlogix")
(TSX:RVX) is pleased to announce today that key scientific data has
been presented in a poster presentation highlighting the novel features
of RVX-297, at the 10th World Congress on Inflammation, in Paris,
France (poster number P-296, June 27 at 1 pm). The presentation is
entitled "An Orally Bioavailable Small Molecule RVX-297 Significantly Decreases
Clinical Signs In A Mouse Model Of Multiple Sclerosis."
"RVX-297 is a representative molecule from our autoimmune program, which
was established to expand upon important discoveries made during our
investigative research on pharmacological approaches for controlling
the inflammatory components of atherosclerosis," stated Don McCaffrey,
President & CEO of Resverlogix.
Mr. McCaffrey continued, "Autoimmune diseases such as multiple
sclerosis, rheumatoid arthritis, psoriasis and Crohn's disease
currently represent a significant unmet medical need globally. The
novel, orally bioavailable small molecule drugs under development by
Resverlogix possess unique immunopharmacological properties and have
the potential to compete effectively against expensive protein-based
therapeutics which currently dominate the autoimmune market."
The poster presentation includes data demonstrating that RVX-297 both
prevents onset of and treats established disease in murine experimental
autoimmune encephalomyelitis (EAE), a well-accepted animal model of
multiple sclerosis (MS). The effects in the treatment model included a
dramatic reduction in clinical signs, histopathological evidence of
disease, and expression of inflammatory biomarkers of disease. Dr.
Gregory. S. Wagner, Sr. Vice President of R&D, further stated "RVX-297
also blocked the production of the cytokines IL-6 and IL-17, which are
believed to be critical mediators in development of the autoimmune
response in this model. Resverlogix is very excited about these results
with RVX-297 because blocking IL-6 or IL-17 has shown evidence of
clinical benefit in a number of autoimmune indications, suggesting that
this new class of molecules, which combine the two activities in an
oral formulation, may be effective in a range of autoimmune diseases."
About Resverlogix Corp.
Resverlogix Corp. is a leading biotechnology company engaged in the
development of novel therapies for important global medical markets
with significant unmet medical needs. The NexVas PR program is the
Company's primary focus which is to develop novel small molecules that
enhance ApoA-1 production. These vital therapies are focused to address
the burden of atherosclerosis and other important diseases such as
Acute Coronary Syndrome, Alzheimer's disease, Peripheral Artery Disease
and other vascular disorders. The Company's research in autoimmune
disorders represents a second important therapeutic research area of
high unmet medical need. These therapies are targeted to address the
increasing incidence of autoimmune disorders such as multiple sclerosis
(MS) and other inflammatory disorders. Resverlogix Corp.'s common
shares trade on the Toronto Stock Exchange (TSX:RVX). For further
information please visit www.resverlogix.com.
This news release may contain certain forward-looking information as
defined under applicable Canadian securities legislation, including our
statements with respect to research, development and commercialization
of novel therapeutics that reduce the risk of cardiovascular and
autoimmune diseases including atherosclerosis, diabetes, Alzheimer's
disease, Peripheral Artery Disease and other vascular diseases,
multiple sclerosis, rheumatoid arthritis, Crohn's and other autoimmune
disorders that are not based on historical fact, including without
limitation statements containing the words "believes", "anticipates",
"plans", "intends", "will", "should", "expects", "continue",
"estimate", "forecasts" and other similar expressions. Our actual
results, events or developments could be materially different from
those expressed or implied by these forward-looking statements. We can
give no assurance that any of the events or expectations will occur or
be realized. By their nature, forward-looking statements are subject to
numerous known and unknown risks and uncertainties including but not
limited to those risk factors discussed in the Company's Annual
Information Form and January 31, 2011 MD&A which are incorporated
herein by reference and other documents we file from time to time with
securities authorities, which are available through SEDAR at www.sedar.com. The forward-looking statements contained in this news release are
expressly qualified by this cautionary statement and are made as of the
date hereof. The Company disclaims any intention and has no obligation
or responsibility, except as required by law, to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. The TSX Exchange does not accept
responsibility for the adequacy or accuracy of this news release.
SOURCE Resverlogix Corp.