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Verseon to Present Data

12 Jan 2016 07:00

RNS Number : 5498L
Verseon Corporation
12 January 2016
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January 12, 2016

Verseon to Present Data on a New Class of Anti-coagulants

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Fremont, Calif. - Verseon Corporation's (AIM: VSN) David Kita, co-founder and Vice President of Research and Development, will present preclinical data on Verseon's new class of anti-coagulants at the 8th annual Biotech Showcase on January 12th, 2016 in San Francisco. Dr. Kita's presentation will include recently obtained data from preclinical studies that demonstrate continuing and steady progress in Verseon's anticoagulation program.

Dr. Kita commented on Verseon's latest preclinical data. "The results we have obtained for our program represents compelling evidence that our drug candidates have lower bleeding risk than conventional therapies with equivalent or better therapeutic potential. This data will form an important part of our upcoming IND (Investigational New Drug) filings in the anticoagulant space."

Verseon's new class of oral, highly-selective, direct thrombin inhibitors show excellent results in preclinical efficacy studies and have pharmacokinetic profiles suitable for oral dosing. Furthermore, Verseon has demonstrated reduced risk of major bleeding for their drug candidates relative to current novel oral anticoagulants (NOACs).

About Verseon

Verseon is a technology-based pharmaceutical company that employs its proprietary, computational drug discovery platform to develop novel therapeutics for today's challenging diseases. The Company is applying its platform to a growing drug pipeline and currently has three active drug programs in the areas of anticoagulation, diabetic macular edema, and solid tumor cancers.

-Ends-

For further information, please contact

Verseon Corporation

+1 (510) 225 9000

Arthur Shmurun / Amy Thai

Abchurch Communications LtdΒ (PR Advisers)

+44 (0) 20 7398 7719

Jamie Hooper / Alex Shaw

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Forward-Looking Statements

This press release contains forward-looking statements, which are generally statements that are not historical facts.Β Forward-looking statements can be identified by the words "expects," "anticipates," "believes," "intends," "estimates," "plans," "will," "outlook" and similar expressions.Β Forward-looking statements are based on management's current plans, estimates, assumptions and projections, and speak only as of the date they are made.Β We undertake no obligation to update any forward-looking statement in light of new information or future events, except as otherwise required by law.Β Forward-looking statements involve inherent risks and uncertainties, most of which are difficult to predict and are generally beyond our control.Β Actual results or outcomes may differ materially from those implied by the forward-looking statements as a result of the impact of a number of factors.

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This information is provided by RNS
The company news service from the London Stock Exchange
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