Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

4SC AG Report Publication Announcement 2006

May 18, 2006

5_rns_2006-05-18_46f8a7d0-5dff-4b5c-a948-b926f076db8c.html

Report Publication Announcement

Open in viewer

Opens in your device viewer

News Details

Corporate | 18 May 2006 10:00

4SC to present at BioEquity Europe 2006 in Frankfurt

Planegg-Martinsried, Germany, 15 May 2006 – 4SC AG (Frankfurt, Prime Standard: VSC), a German drug discovery and development company announced today that the company will be presenting at BioEquity Europe 2006. The conference is being held from May 22 to 23, 2006 at the Marriott Hotel in Frankfurt, Germany.

The presentation will be given by Dr Ulrich Dauer, Chief Executive Officer of 4SC AG on Tuesday, 23 May 2006 at 4 p.m. local time. Dr Dauer will give a review of the company and update the audience on current clinical and business developments.

**About 4SC AG

**4SC AG (ISIN DE0005753818) has been listed in the Prime Standard of Frankfurt Stock Exchange since 15 December 2005. Founded in 1997 and now with a staff of 53, the company develops novel drug candidates for inflammatory diseases and cancer using a cheminformatics based technology platform. Traditional high throughput screening of therapeutic agents has been transferred from the lab to the computer. Thus, the company offers substantial cost and time advantages as well as increased success rates in drug development. 4SC AG uses its patented technology platform to create a sustainable product pipeline for active agents that are developed in early clinical phases (‘proof of concept’) and subsequently result in upfront and milestone payments as well as participation in sales generated by out-licensed products to the pharmaceutical industry. The pipeline currently has five projects, the first of which, on the treatment of rheumatoid arthritis, has successfully completed clinical phase I. Preparations for the conduct of the IIa clinical phase are well under way. A further one to two other product candidates should go into clinical development in 2006. Furthermore, the company has its technology platform in co-operation projects with biotech and pharma companies and is already generating initial revenues.

Legal note

This document may contain forecasts, estimates and assumptions concerning business plans and goals, products and services and future results or assumptions based on or relating to them. Any statements about the future are subject to risks and uncertainty that are not predictable and are beyond the control of 4SC AG. Many factors may cause the actual results to differ substantially from the results contained in such statements about the future.