Oslo, Norway, 20 October 2011
Clavis Pharma ASA (OSE: CLAVIS) releases the company's third quarter 2011 results on Thursday 27 October 2011 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 (CET).
The presentation will also be webcast live and can be accessed directly from WEBCAST or clavispharma.com. Questions can be submitted live during the presentation.
The quarterly report and presentation will be available at clavispharma.com/investors.
Clavis Pharma welcomes all interested parties.
Contact:
Olav Hellebø, CEO
Office: +47 24 11 09 65
E-mail: olav.hellebo@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 a late clinical stage oncology discovery and drug development company based in Oslo, Norway with a portfolio
of novel anti-cancer drugs in development. These patented New Chemical Entities (NCEs) are novel, improved versions of commercially
successful drugs, made using Clavis Pharma's Lipid Vector Technology (LVT) chemistry. Data generated suggests these potential
breakthrough products may offer improved efficacy and reduced side effects through enhanced pharmacokinetic properties, greater
tissue penetration, altered metabolism and, in certain cases, additional modes of action.
Clavis Pharma's has several drug candidates in formal development studies:
- Elacytarabine, a leukaemia drug, currently in a randomized, controlled Phase III study in late-stage acute myeloid leukaemia;
- CP-4126, is currently in a pivotal clinical study compared to gemcitabine for the 1(st) line treatment of pancreatic cancer and a Phase II trial for 2(nd) line treatment for pancreatic cancer in patients refractory to 1(st) line gemcitabine treatment;
- CP-4200, an azacitidine derivative, in preclinical development for myelodysplastic syndrome (MDS), a disease that is often a precursor to leukaemia.
Clavis Pharma intends to commercialise its products through strategic alliances and partnerships with experienced oncology businesses and, where and when commercially appropriate, by establishing its own sales and marketing capabilities. CP-4126 is licensed to Clovis Oncology globally. Clavis Pharma has an option to co-promote CP-4126 in Europe.
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. These 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 the information or projections contained herein. Clavis Pharma is a registered trademark of Clavis Pharma ASA.