Appointment of Janssen Meyers Associates, L.P.LEXINGTON, Mass.--(BUSINESS WIRE)--August 16, 1995--MacroChem Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : MCHM) announced today the appointment of Janssen/Myers Associates, L.P. of New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. for their investment banking and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . MacroChem is confident the relationship with Janssen/Meyers will enhance the ability of MacroChem to continue its growth. To date Janssen/Meyers has assisted MacroChem in several key financial transactions. The Company's proprietary worldwide patented compound SEPA SEPA® Soft enhancer of percutaneous absorption Therapeutics A technology that enhances transdermal drug delivery. See Transcutaneous therapy. , a penetration enhancer for transdermal drug delivery, can effectively accelerate the passage of pharmaceuticals through the skin, offering a significant improvement over current methods of drug delivery systems. The Company develops, licenses and markets advanced drug delivery systems for the transdermal delivery of therapeutic drugs, proteins and enzymes for pharmaceutical and cosmetic applications. The Company holds four U.S. patents on its products and methods, and expects to receive a fifth patent soon. Three additional U.S. patent applications are pending. Corresponding patents have been issued or are pending in major foreign countries. CONTACT: Alvin J. Karloff, President & C.E.O. MacroChem Corporation (617) 862-4003 or Peter Janssen Peter Janssen (1844-1908) was a German historical painter. He was born at Düsseldorf, son of the engraver Theodor Janssen (1817-94), by whom he was first instructed before studying at the Academy under Karl Sohn and Bendemann. or Bruce Meyers Janssen/Meyers Associates, L.P. (212) 742-4400 |
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