CORRECTING and REPLACING Samaritan's Adult Stem Cell Drug Displays Money-Making Signs
21 Marzo 2006 - 10:01PM
Business Wire
Fourth graph, URL should read:
http://www.samaritanpharma.com/images/havestemcellsarrived.pdf
(sted
http://www.chiefexecutive.net/ME2/dirmod.asp?sid=&nm=&type=Publish
ing&mod=Publications%3A%3AArticle&mid=8F3A7027421841978F18BE895F87F791
&tier=4&id=A83BC9A72A074876BCA05E0ED18D56E2). The corrected
release reads: SAMARITAN'S ADULT STEM CELL DRUG DISPLAYS
MONEY-MAKING SIGNS Samaritan Pharmaceuticals Inc. (AMEX:LIV), a
developer of innovative drugs, announced today its Alzheimer's
adult stem cell drug SP-sc04, which induces dormant brain neuronal
stem cells to differentiate rapidly into adult neuron cells, is
progressing through preclinical studies with promising results.
According to a CEO Magazine March 2006 article titled "Have Stem
Cells Arrived?" Fran Hawthorne stated, "signs point to an emerging,
money-making industry" and William R. Brody, president of Johns
Hopkins University, is quoted, "I don't think I have ever seen
anything that has the broad potential that stem cell technology
has." "We are extremely pleased with the progress and the potential
of SP-04. Although it is early stage, each preclinical study we
accomplish gives us hope that we might have an extraordinary
treatment for the mind robbing disease of Alzheimer's," stated Dr.
Greeson, CEO of Samaritan.
http://www.samaritanpharma.com/images/havestemcellsarrived.pdf.
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 Web
site 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 Web site. 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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