DALLAS and NEW YORK, Nov. 17, 2010 /PRNewswire/ -- ACCESS PHARMACEUTICALS, INC. (OTC Bulletin Board: ACCP),a biopharmaceutical company leveraging its proprietary drug-delivery platforms to develop treatments in areas of oncology, cancer supportive care and diabetes, announced that two oncology posters are being displayed this week at the Innovations in Cancer Prevention and Research Conference at the Austin Convention Center in Austin, TX. The poster being displayed, entitled “Vitamin B-12 Nanoparticles for the Targeted Delivery of RNAi Therapeutics”, summarizes key findings of the Company’s rebranded Cobalamin program, CobaCyte for RNAi. The second poster, entitled “Preclinical and Clinical Studies of ProLindac: A Novel Polymer Prodrug of DACH Platinum”, details the distinct attributes and advantages of utilizing Access’ second generation DACH Platinum, ProLindac.
“We are pleased to be included in this year’s Innovations in Cancer Prevention and Research Conference as the team’s research in both programs support a significant opportunity in treating various cancers,” said David Nowotnik, Senior VP of Research and Development, Access Pharmaceuticals, Inc. He continued, “Given the recently commenced combination trial for ProLindac and the heightened interest surrounding our CobaCyte program, this conference, with its astute multidisciplinary audience, is an ideal venue to display the work currently under development at Access.”
The conference is organized by the Cancer Prevention and Research Institute of Texas (CPRIT).
For information on the conference, please visit: http://cpritconference2010.eventbrite.com/
Access Pharmaceuticals recently received $1.5 million in government grants under the Qualifying Therapeutic Discovery Project (QTDP). The Company’s ProLindac and CobaCyte programs each received a $245,000 grant.
About Access:
Access Pharmaceuticals, Inc. is an emerging biopharmaceutical company that develops and commercializes proprietary products for the treatment and supportive care of cancer patients. Access’ products include MuGard (www.MuGard.com), for the management of patients with mucositis, ProLindac, currently in Phase II clinical testing of patients with ovarian cancer, and Thiarabine, a new generation nucleoside analog which has demonstrated both pre-clinical and clinical activity in certain cancers.
The company also has other advanced drug delivery technologies including CobaCyte-mediated targeted delivery and CobOral-oral drug delivery, its proprietary nanopolymer delivery technology based on the natural vitamin B12 uptake mechanism. For additional information on Access Pharmaceuticals, please visit our website at www.accesspharma.com.
This press release contains certain statements that are forward-looking within the meaning of Section 27a of the Securities Act of 1933, as amended, and that involve risks and uncertainties. These statements include those relating to: our cash burn rate, clinical trial plans and timelines and clinical results for ProLindac, MuGard, Thiarabine and Cobalamin and other product candidates, our ability to achieve clinical and commercial success and our ability to successfully develop marketed products. These statements are subject to numerous risks, including but not limited to Access’ need to obtain additional financing in order to continue the clinical trial and operations and to the risks detailed in Access’ Annual Reports on Form 10-K and other reports filed by Access with the Securities and Exchange Commission.
Contact: Company | Contact: Investor Relations | |
Christine Berni | Donald C. Weinberger/Diana Bittner (media) | |
Director of Investor Relations | Wolfe Axelrod Weinberger Assoc. LLC | |
Access Pharmaceuticals, Inc. | (212) 370-4500 | |
(212) 786-6208 | ||
SOURCE Access Pharmaceuticals, Inc.
