Clavis Pharma ASA (OSE: CLAVIS) releases the company's third quarter 2009 results on Thursday 22 October 2009 at Hotel Continental,
Stortingsgaten 24/26, Oslo, Norway.
The presentation will start at 08:30 (CET).
Following the presentation, there will be a Q&A session. Breakfast will be served from 08:00 hours (CET). Clavis Pharma welcomes
all interested parties.
The quarterly report and presentation will be available at the Oslo Stock Exchange, http://www.newsweb.no.
Contact
Geir Christian Melen, CEO
Office: +47 24 11 09 65 / Mobile: +47 91 30 29 65
E-mail: geir.christian.melen@clavispharma.com
Gunnar Manum, CFO
Office: +47 24 11 09 71 / Mobile: +47 95 17 91 90
E-mail: gunnar.manum@clavispharma.com
For international press enquiries:
Mark Swallow / Nina Enegren / David Dible
Citigate Dewe Rogerson
Office: +44 207 282 2948
E-mail: clavispharma@citigatedr.co.uk
About Clavis Pharma
Clavis Pharma ASA is an oncology focused pharmaceutical company using its proprietary Lipid Vector Technology (LVT) platform
to create New Chemical Entities (NCEs), by significantly improving already established drugs. The improvements are achieved
by chemically binding specific unsaturated lipids to existing, and well understood, approved pharmaceuticals. Data generated
suggests the resulting patentable NCEs offer improved efficacy and reduced side effects through enhanced pharmacokinetic properties,
greater tissue penetration and, in many cases, additional modes of action.
Clavis Pharma's objective is to develop its drug candidates until significant value has been created and proof of principle in man has been shown. For further clinical development and commercialisation of the products, Clavis Pharma will enter into strategic partnerships with established pharmaceutical or biotech companies. The company's product portfolio includes four new cancer drugs: Elacytarabine is in Clinical Phase II, Intravenous CP-4126 is in Clinical Phase II, Oral CP-4126 in Phase I, and CP-4200 is in preclinical development. Results indicate that these products have promising potential for several cancer indications within solid tumours and leukaemia.
The shares of Clavis Pharma ASA are listed on the Oslo Stock Exchange (ticker: CLAVIS).
Disclaimer
The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there
be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.This
news release contains forward-looking statements and forecasts based on uncertainty, since they relate to events and depend
on circumstances that will occur in the future and which, by their nature, will have an impact on results of operations and
the financial condition of Clavis Pharma. There are a number of factors that could cause actual results and developments to
differ materially from those expressed or implied by these forward-looking statements. Theses factors include, among other
things, risks associated with technological development, the risk that research & development will not yield new products
that achieve commercial success, the impact of competition, the ability to close viable and profitable business deals, the
risk of non-approval of patents not yet granted and difficulties of obtaining relevant governmental approvals for new products.No
expressed or implied representations or warranties are given concerning Clavis Pharma or the accuracy or completeness of the
information or projections provided herein, and no claims shall be made by the recipient hereof by virtue of this Information
Memorandum or the information or projections contained herein. Any representations or warranties made to an investor in Clavis
Pharma will be subject to separate sale and purchase agreements to be negotiated between the parties.
Clavis Pharma(TM) is a registered trademark of Clavis Pharma ASA.