MacroChem CEO to Present March 16 in Boston at Sachs-Bloomberg Forum: Investing & Partnering in Biotech & Medtech
15 Mars 2005 - 2:00PM
PR Newswire (US)
MacroChem CEO to Present March 16 in Boston at Sachs-Bloomberg
Forum: Investing & Partnering in Biotech & Medtech
LEXINGTON, Mass., March 15 /PRNewswire-FirstCall/ -- MacroChem
Corporation (NasdaqSC: MCHM), a specialty pharmaceutical company,
announced today that Robert J. DeLuccia, president and chief
executive officer, will speak on the company and its products in
clinical development at the Sachs-Bloomberg 4th Annual North
American Forum: Investing & Partnering in Biotech &
Medtech. Mr. DeLuccia's presentation, on Wednesday, March 16, 2005
at 10:55 AM, will be webcast on http://www.sachsforum.com/, the
Sachs-Bloomberg Forum web site. Following the Forum, it will also
be available at http://www.macrochem.com/, the MacroChem web site.
The Sachs-Bloomberg Forum will be held at the Fairmont Copley Plaza
Hotel in Boston, March 16-17. Professional investors and corporate
attendees will hear presentations from private and publicly funded
biotechnology and medical technology companies, and venture
capitalists specializing in these fields. In his presentation, Mr.
DeLuccia will review the MacroChem business strategy -- the
development and commercialization of innovative products that
capitalize on the company's proprietary drug delivery technology,
SEPA(R). He will also discuss MacroChem's two SEPA-enhanced
products currently in clinical development: Opterone(R), a topical
testosterone/SEPA cream for treating male hypogonadism, and
EcoNail(TM), an econazole/SEPA nail lacquer for treating
onychomycosis (fungal infection of the nails). Opterone is
currently in a bioavailability study, with results expected later
this year. In 2004, MacroChem completed an EcoNail Phase 1 safety-
tolerability study in onychomycosis patients, and expects to
advance to an efficacy trial in 2005. For four years, the
Sachs-Bloomberg Forum has been a leading international forum for
companies interested in investing and partnering in the
biotechnology and medical technology industries. It typically
attracts more than 450 attendees. The event features executive
roundtables, presentations by mid-caps, small-caps, IPO prospects
and venture-backed companies. About MacroChem MacroChem is a
specialty pharmaceutical company that innovates, develops and
commercializes pharmaceuticals administered in novel ways, to treat
important medical conditions. MacroChem is developing two products
containing its patented enhancer, SEPA(R): Opterone(R), a
SEPA-enhanced topical testosterone treatment for male hypogonadism;
and EcoNail(TM), a SEPA-enhanced antifungal nail lacquer to treat a
common and potentially debilitating nail infection known as
onychomycosis. For more information on MacroChem, and its
technology and products, please visit our website at:
http://www.macrochem.com/. Forward-Looking Statements With the
exception of historical information contained in this press
release, the matters described herein are forward-looking
statements that involve risks and uncertainties. MacroChem's actual
results may differ significantly from the results discussed in the
forward-looking statements. Factors that might cause such a
difference include, but are not limited to, those discussed or
referred to in the section entitled "Risk Factors" in MacroChem's
Annual Report on Form 10-K, as well as those discussed elsewhere
therein, and include, without limitation, risks regarding product
development, the timing and results of clinical trials, the
regulatory approval process, capital requirements, financial
condition, patent protection and dependence on third parties for
development and licensing arrangements. Readers are cautioned not
to place undue reliance on these forward-looking statements, which
speak only as of the date hereof. MacroChem undertakes no
obligation to update publicly any forward-looking statements,
whether as a result of new information, future events or otherwise.
For more information on Sachs-Bloomberg please visit their website,
http://www.sachsforum.com/ DATASOURCE: MacroChem Corporation
CONTACT: Investor Contact: Bernard Patriacca, VP/CFO of MacroChem
Corporation, +1-781-862-4003; or Media Contact: Donna LaVoie of
LaVoie Group, +1-781-596-0200 ext. 103 Web site:
http://www.macrochem.com/
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