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INVESTORS SEEK SHELTER IN BIOTECHS | |||||||||||||||||||||||||||||||||||
Samaritan Pharmaceuticals(OTCBB:SPHC) | |||||||||||||||||||||||||||||||||||
SPHC is a
biopharmaceutical company focused on the commercialization of
˙FFFF93˙FFFF94drug candidates and ˙FFFF93diagnostics˙FFFF94 to combat Alzheimer, Cancer
and HIV. Samaritan˙FFFF92s drug candidate, Anticort completed FDA Phase
1b/2a Clinical human trials for HIV and company plans
to submit its final Phase ll ˙FFFF93study report˙FFFF94 to the FDA early 2002.
SPHC has established research collaboration with Georgetown University giving
it a research arm to develop new drug candidates and
diagnostics. The Company has an existing portfolio of
three licensed ˙FFFF93drug candidates˙FFFF94. One of the drugs in the
late stage FDA clinical trials and three ˙FFFF93drug candidates˙FFFF94 are in
the pre-clinical stages, including an Alzheimer and Breast Cancer Diagnostic drug.
SPHC has a financial partner in Fusion
Capital who has provided SPHC with an equity line of 20 million dollars which
gives the Company cash, and more importantly, enough
money to fund its Clinical trials. | |||||||||||||||||||||||||||||||||||
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