La Jolla Pharmaceutical Company Provides Update on Search for Clinical Products to In-License or Acquire

SAN DIEGO--(BUSINESS WIRE)--La Jolla Pharmaceutical Company (OTCBB:LJPC) (the “Company”) provided an update today that the Company is actively seeking and evaluating potential pharmaceutical products for in-licensing or acquisition and has engaged consultants to determine whether there is any potential for the further development of Riquent® for the treatment of lupus. The Company is seeking potential pharmaceutical products that are small molecules with initial clinical data indicated for cancer, infectious diseases (but not HIV, HCV or HBV), dermatological conditions, gastrointestinal diseases and rare or orphan diseases. This profile is designed to target product opportunities that could be advanced in a clinically meaningful way with the cash resources currently available to the Company. Gail Sloan is the contact for this effort at gail.sloan@ljpc.com.
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