AnorMED announces Annual and Special Meeting of Shareholders
28 Août 2006 - 4:00PM
PR Newswire (US)
VANCOUVER, Aug. 28 /PRNewswire-FirstCall/ -- AnorMED Inc.
(AMEX:AOM;TSX:AOM) today announced that it has called the Company's
2006 Annual and Special Meeting of Shareholders to be held on
Tuesday, September 19, 2006, at 2:30pm (Pacific Time) in Vancouver,
British Columbia, in the Plaza Ballroom of the Hyatt Regency Hotel.
In connection with this Meeting, the Company has mailed Meeting
materials to its shareholders. At the Meeting, shareholders will be
asked to, among other things, approve the adoption of the 2006
AnorMED Incentive Stock Option Plan (the "2006 Plan"), which was
adopted by the AnorMED Board in order to promote the Company's
interests and long-term success by providing directors, officers,
employees and consultants with an opportunity to purchase common
shares and benefit from their appreciation, as well as to conform
the 2006 Plan to recent changes made to the Toronto Stock
Exchange's policies on stock based compensation arrangements. There
are currently 2,739,572 options outstanding under the Company's
existing option plan adopted in 1996 (the "1996 Plan"),
representing 6.58% of the Company's 41,660,411 outstanding common
shares. The total number of AnorMED common shares issuable under
1996 Plan and the 2006 Plan combined, as at today's date, is
6,869,090, representing 16.49% of the Company's outstanding common
shares. The Toronto Stock Exchange has accepted the 2006 Plan for
filing, subject to the approval of AnorMED shareholders being
obtained at the Meeting. About AnorMED Inc. AnorMED is a
chemistry-based biopharmaceutical company focused on the discovery,
development and commercialization of new therapeutic products in
the areas of hematology, oncology and HIV, based on the Company's
research into chemokine receptors. The Company's product pipeline
includes MOZOBIL, currently in pivotal Phase III studies in cancer
patients undergoing stem cell transplants; AMD070, currently in
proof of principle Phase I/II studies in HIV patients; and several
novel classes of compounds in pre-clinical development that target
specific chemokine receptors known to be involved in a variety of
diseases. Forward-Looking Statements This press release contains
forward-looking statements within the meaning of the United States
Private Securities Litigation Reform Act of 1995, and forward
looking information within the meaning of applicable securities
laws in Canada, (collectively referred to as "forward-looking
statements"). Statements, other than statements of historical fact,
are forward-looking statements and include, without limitation,
statements regarding the Company's strategy, future operations,
timing and completion of clinical trials, prospects and plans and
objectives of management. The words "anticipates", "believes",
"budgets", "could", "estimates", "expects", "forecasts", "intends",
"may", "might", "plans", "projects", "schedule", "should", "will",
"would" and similar expressions are often intended to identify
forward-looking statements, which include underlying assumptions,
although not all forward-looking statements contain these
identifying words. By their nature, forward-looking statements
involve numerous assumptions, known and unknown risks and
uncertainties, both general and specific, that contribute to the
possibility that the predictions, forecasts, projections and other
things contemplated by the forward-looking statements will not
occur. We caution readers not to place undue reliance on these
statements as a number of important factors could cause our actual
results to differ materially from the beliefs, outlooks, plans,
objectives, expectations, anticipations, estimates and intentions
expressed in such forward-looking statements. Although our
management believes that the expectations represented by such
forward-looking statements are reasonable, there is significant
risk that the forward-looking statements may not be achieved, and
the underlying assumptions thereto will not prove to be accurate.
With respect to the forward-looking statements contained in this
press release, the Company has made numerous assumptions regarding,
among other things: our expectation that shareholders will approve
the adoption of the 2006 AnorMED Incentive Stock Option Plan; our
ability to develop and obtain regulatory approval for MOZOBIL in
stem cell transplant indications and any future product candidates
in our targeted indications; our ability to pay for the costs of
launching MOZOBIL for stem cell transplant indications and the
costs of future products in our targeted indications; our ability
to rely on third parties for the continued supply and manufacture
of MOZOBIL; our ability to obtain patents and other intellectual
property for our drug candidates; our ability to protect our
intellectual property rights and to not infringe on the
intellectual property rights of others; our ability to raise
substantial additional financing required to fund further research
and development, conduct planned preclinical and clinical studies,
and obtain regulatory approvals; and our expectation that we will
be able to obtain future equity financing on commercially
acceptable financial terms, or at all. The foregoing list of
assumptions is not exhaustive. Actual results or events could
differ materially from the plans, intentions and expectations
expressed or implied in any forward-looking statements, including
the underlying assumptions thereto, as a result of numerous risks,
uncertainties and other factors including: shareholders might not
approve the adoption of the 2006 AnorMED Incentive Stock Option
Plan; we may not be able to develop and obtain regulatory approval
for MOZOBIL in stem cell transplant indications and any future
product candidates in our targeted indications; we may not be able
to establish marketing and sales capabilities and the costs of
launching MOZOBIL stem cell transplant indications and any future
products in our targeted indications may be greater than
anticipated; we rely on third parties for the continued supply and
manufacture of MOZOBIL; we may face unknown risks related to
intellectual property matters; we may face competition from other
pharmaceutical or biotechnology companies; we will require
substantial additional financing to fund further research and
development, conduct planned preclinical and clinical studies, and
obtain regulatory approvals; and we may not be able to obtain
future equity financing on commercially acceptable financial terms,
or at all. Although we have attempted to identify the
forward-looking statements, the underlying assumptions, and the
risks, uncertainties and other factors that could cause actual
results or events to differ materially from those expressed or
implied in the forward-looking statements, there may be other
factors that cause actual results or events to differ from those
expressed or implied in the forward-looking statements. We
undertake no obligation to revise or update any forward-looking
statements as a result of new information, future events or
otherwise, after the date hereof, except as may be required by law.
CONTACT: W.J. (Bill) Adams, CA, Chief Financial Officer, Tel: (604)
530-1057, Email: or Kim Nelson, Ph.D., Manager, Investor Relations,
Tel: (604) 532-4654, Cell: (604) 614-2886, Email: ; Media Contact:
Shafiq Jamal, James Hoggan & Associates, (604) 739-7500
DATASOURCE: AnorMED Inc. CONTACT: W.J. (Bill) Adams, CA, Chief
Financial Officer, Tel: (604) 530-1057, Email: or Kim Nelson,
Ph.D., Manager, Investor Relations, Tel: (604) 532-4654, Cell:
(604) 614-2886, Email: ; Media Contact: Shafiq Jamal, James Hoggan
& Associates, (604) 739-7500
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