27.05.2008 13:00:00
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Neose Announces Two Abstracts on GlycoPEGylated Factor VIIa Accepted for Presentation at the Hemophilia 2008 World Congress
Neose Technologies, Inc. (Nasdaq GM:NTEC) today announced that two
abstracts submitted by the Company’s
collaborative partner, Novo Nordisk A/S, relating to GlycoPEGylated
recombinant Factor VIIa have been accepted for presentation at the
Hemophilia 2008 World Congress, the XXVIIIth International Congress of
the World Federation of Hemophilia taking place in Istanbul, Turkey at
the Lütfi Kirdar Convention & Exhibition
Centre from June 1-5, 2008.
The presentations are as follows:
Oral Presentation entitled "Prolonged
Duration of Effect of GlycoPEGylated rFVIIa in a Venous Stasis Model”
to be presented on Wednesday, June 4 between 11:00 a.m. and 12:30 p.m.
EEST in Dolmabahce A
Poster Presentation entitled "The
Haemostatic Activity of GlycoPEGylated Variants of rFVIIa Studied in
vitro Under Static and Flow Conditions in Human Blood”
to be presented Monday, June 2 and Tuesday, June 3 between 9:00 a.m.
and 5:15 p.m. EEST in Rumeli Hall
About Coagulation Factor VIIa
Recombinant Factor VIIa is used in the treatment of bleeding episodes
and for the prevention of bleeding during surgery or invasive procedures
in patients with congenital hemophilia with inhibitors to coagulation
factors VIII or IX. The worldwide market for recombinant Factor VIIa was
approximately $1 billion in 2006, with Novo Nordisk being the only
participant.
About Novo Nordisk A/S
Novo Nordisk is a healthcare company and a world leader in diabetes
care. In addition, Novo Nordisk has a leading position within areas such
as haemostasis management, growth hormone therapy and hormone
replacement therapy. Novo Nordisk manufactures and markets
pharmaceutical products and services that make a significant difference
to patients, the medical profession and society. With headquarters in
Denmark, Novo Nordisk employs approximately 26,000 employees in 80
countries, and markets its products in 179 countries. Novo Nordisk’s
B shares are listed on the stock exchanges in Copenhagen and London. Its
ADRs are listed on the New York Stock Exchange under the symbol ‘NVO’.
For more information, visit www.novonordisk.com.
About Neose Technologies, Inc.
Neose Technologies, Inc. is a clinical-stage biopharmaceutical company
focused on the development of next-generation therapeutic proteins that
are competitive with best-in-class protein drugs currently on the
market. The lead candidates in its pipeline, GlycoPEG-GCSF for
chemotherapy-induced neutropenia, and the GlycoPEGylated hemostasis
compounds Factor VIIa, Factor VIII, and Factor IX, target markets with
aggregate 2006 sales of approximately $8 billion. For more information,
please visit www.neose.com.
Neose "Safe Harbor”
Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding our business that are not
historical facts are "forward-looking
statements” that involve risks and
uncertainties. For a discussion of these risks and uncertainties,
any of which could cause our actual results to differ from those
contained in the forward-looking statement, see the sections of Neose's
Annual Report on Form 10-K for the year ended December 31, 2007,
entitled "Risk Factors”
and "Special Note Regarding Forward-Looking
Statements” and discussions of potential
risks and uncertainties in Neose's subsequent filings with the SEC.
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