Samaritan to Present Its Drugs and Diagnostics for Partnering at BIO 2006 Annual International Conference
31 March 2006 - 1:15AM
Business Wire
Samaritan Pharmaceuticals Inc. (AMEX:LIV): -- PII/III HIV Oral
Entry Inhibitor Drug -- Cardiovascular Drug SP-1000 -- Alzheimer's
Drug SP-233 -- Alzheimer's Blood Diagnostic -- Breast Cancer
Diagnostic -- Alzheimer's Animal Model Samaritan Pharmaceuticals
Inc. (AMEX:LIV) a developer of innovative drugs, announced today,
it is taking the opportunity to present its pipeline of innovative
drugs at Bio 2006 in Chicago April 9th thru April 12, 2006.
Samaritan will seek to out-license its promising drugs and
diagnostics; and at the same time focus on in-licensing
opportunities. Samaritan has established its own marketing and
sales arm in Europe, which focuses on in-licensing niche drugs from
other pharmaceutical companies, to sell their products in Eastern
Europe, creating a revenue source for Samaritan. BIO, the
Biotechnology Industry Organization, is the industry's largest
trade organization bringing together over 18 thousand people from
around the world, representing every aspect of the biotech
community. Dr. Greeson, CEO of Samaritan stated, "BIO is the best
venue for us to discuss our out-licensing opportunities with key
executives from major pharmaceuticals. Everyone in the partnering
section of the conference focuses on deals, and we normally have
every half hour time slot filled for the three days by the time we
get there. In addition, this year a main priority for us is to
in-license other company's drugs, to market in the mostly
overlooked South East and Central Europe, mainly Greece, Bulgaria,
Romania, Croatia, Serbia, Turkey, Slovenia, Slovakia, Czech
Republic, Poland and Hungary." Samaritan Pharmaceuticals: "We
LIV....to Save Lives." Samaritan is a small-cap Biotech, driven to
discover, develop, and commercialize, innovative therapeutics' for
AIDS, Alzheimer's, Cancer and Heart disease. Look at
www.samaritanpharma.com. Please register on Website so we can
notify you of upcoming conference calls, news and events.
Disclaimer The company disclaims any information that is created by
an outside party and endorses only information that is communicated
by its press releases, filings and Website. This news release
contains forward-looking statements that reflect management's
current beliefs about the potential for its drug candidates,
science and technology. However, as with any biopharmaceutical
under development, there are significant risks and uncertainties in
the process of development and regulatory review. There are no
guarantees that products will prove to be commercially successful.
For additional information about the factors that affect the
company's business, please read the company's latest Form 10-K
filed April 15, 2005. The company undertakes no duty to update
forward-looking statements.
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