Cadence Pharmaceuticals Completes Name Change and Launches Website.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- Cadence cadence, in music, the ending of a phrase or composition. In singing the voice may be raised or lowered, or the singer may execute elaborate variations within the key. Pharmaceuticals, Inc. (Cadence), a hospital-focused specialty pharmaceutical company, today announced that it has completed its name change from Strata Pharmaceuticals, Inc. and launched its website. "Our new name connotes steady forward movement which characterizes the development of the both the Company and its products," said Ted Schroeder Frederick ("Ted") Rudolph Schroeder (July 20, 1921 – May 26, 2006) was an American tennis player who won the two most prestigious amateur tennis titles, Wimbledon and the United States Open. , President and Chief Executive Officer of Cadence. "The substantial progress we have made in executing our plan during the five months since we closed our first round of financing is reflected in our new identity." The corporate website for Cadence can be found at http://www.cadencepharm.com. The site offers insight into the Company's strategy, management, and products, including the Phase III Noun 1. phase III - a large clinical trial of a treatment or drug that in phase I and phase II has been shown to be efficacious with tolerable side effects; after successful conclusion of these clinical trials it will receive formal approval from the FDA program for CPI-226, the Company's lead product candidate. About Cadence Pharmaceuticals, Inc. Cadence Pharmaceuticals, Inc. is a San Diego-based specialty pharmaceutical company focused on the development and commercialization of therapeutics utilized primarily in the hospital setting. The business of Cadence is driven by in-licensing and acquisition of late-stage development compounds and commercial-stage drugs. Cadence is backed by a syndicate of leading healthcare-focused venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] , including Domain Associates, ProQuest Investments, and Windamere Venture Partners. Cadence cautions you that statements included in this press release that are not a description of historical facts may be forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . The inclusion of forward-looking statements should not be regarded as a representation by Cadence that any of its plans will be achieved. Actual results may differ materially from those set forth in this release due to the risks and uncertainties inherent in Cadence's business, including, without limitation, statements about: the progress and timing of its clinical trials; difficulties or delays in development, testing, obtaining regulatory approval, and producing and marketing its products; unexpected adverse side effects Side effects Effects of a proposed project on other parts of the firm. or inadequate therapeutic efficacy of its products that could delay or prevent product development or commercialization, or that could result in recalls or product liability claims; the scope and validity of patent protection for its products; competition from other pharmaceutical or biotechnology companies Top 100 Biotechnology Companies The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies. ; and its ability to obtain additional financing to support its operations. All forward-looking statements are qualified in their entirety by this cautionary statement and Cadence undertakes no obligation to revise or update this news release to reflect events or circumstances after the date hereof. |
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