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Sharon Correia
508-497-2300 ext 224
scorreia@aderis.com
 

Aderis Pharmaceuticals To Present At Sachs-Bloomberg Global Biotech Investor Forum

Aderis Pharmaceuticals announced today that President and Chief Executive Officer, Peter Savas, will present a corporate overview on Thursday, March 20 at 3:00 p.m

Hopkinton, MA - Mar 13, 2003 - Aderis Pharmaceuticals announced today that President and Chief Executive Officer, Peter Savas, will present a corporate overview on Thursday, March 20 at 3:00 p.m. (EST) during the 2nd Annual Sachs-Bloomberg Global Biotech Investor Forum. This international forum, which will take place March 20-21 at the Fairmont Copley Plaza hotel in Boston, will feature presentations from leading venture-funded and small-cap biotechnology companies, as well as from pharmaceutical companies and venture capitalists.

Aderis Pharmaceuticals is a private, biopharmaceutical company engaged in small molecule drug development to treat central nervous system, cardiovascular and renal disorders. The Company currently has four product candidates in six clinical development programs. Aderis Pharmaceuticals has a strategic alliance with Schwarz Pharma AG, for the development of rotigotine CDS, a proprietary dopamine agonist formulated as a once-a-day, continuous delivery, transdermal patch. Rotigotine is currently in Phase III trials for Parkinson’s disease and Phase II for the treatment of Restless Legs Syndrome. The Company also has alliances with Fujisawa Healthcare, Inc. and King Pharmaceuticals. Aderis Pharmaceuticals’ product pipeline includes small molecule, receptor agonists and antagonists for the diagnosis and treatment of Parkinson’s disease, Restless Legs Syndrome, atrial fibrillation, diagnosis and prognosis of coronary artery disease, adjunct therapy for treatment of diabetic foot ulcers, and other cardiovascular and renal indications. Founded in 1994, Aderis Pharmaceuticals is headquartered in Hopkinton, Massachusetts and has research facilities in Richmond, Virginia.

Certain statements in this news release that are not historical fact constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results of Aderis Pharmaceuticals to be materially different from historical results or from any results expressed or implied by such forward-looking statements. Such statements include, but are not limited to, any statements relating to the Company’s development programs and any other statements that are not historical facts. Such statements involve risks and uncertainties, including but not limited to, those risks and uncertainties relating to difficulties or delays in development, testing, regulatory approval, production and marketing of the Company’s drug candidates; unexpected adverse side effects or inadequate therapeutic efficacy of the Company’s drug candidates that could slow or prevent product development or commercialization; the uncertainty of patent protection for the Company’s intellectual property or trade secrets; and the Company’s ability to obtain additional financing if necessary. Such statements are based on management’s current expectations, but actual results may differ materially due to various factors, some but not all of which may have been mentioned above.

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"At Aderis, we are excited about the progress of our product candidates and their potential ability to improve quality of life for millions of people. We are committed to helping patients and investors understand our progress as we achieve corporate and clinical milestones."

-Kenneth L. Rice, Jr.,
Chief Commercial Officer,
Aderis Pharmaceuticals




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