Coserics Announces Company Formation Including Spin-Out of Phase 2 Clinical Asset From Serenex

DURHAM, NC--(Marketwire - April 17, 2008) - Coserics, LLC today announced its formation following a successful spin-out from Serenex, Inc. The new company commences operations with a clinical stage compound, SNX-1012, that is in phase 2 testing for treatment of chemotherapy induced oral mucositis in solid tumor patients.

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