Corporate Profile for Symbollon Corporation, dated Nov. 27, 1998.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Nov. 27, 1998
Company Name: Symbollon Corporation
Address: 37 Loring Drive
Framingham, Mass. 01702
Main Telephone
Number: 508-620-7676
Chief Financial
Officer: Paul C. Desjourdy
Investor Relations
Contact: Paul C. Desjourdy
Business number: 508-620-7676
Public Relations
Contact: Paul C. Desjourdy
Trading Symbol/
Exchange: SYMBA
Industry: Pharmaceutical Drugs
Company description: Symbollon Corporation is engaged in the development and commercialization of proprietary iodine-based compounds for the prevention and treatment of various human diseases. The company's lead product candidate, IoGen(tm), is currently in Phase II clinical trials for the treatment of fibrocystic fibrocystic /fi·bro·cys·tic/ (-sis´tik) characterized by an overgrowth of fibrous tissue and development of cystic spaces, especially in a gland. fi·bro·cys·tic (f breast disease.
Fibrocystic breast disease is a benign breast condition affecting
approximately 30% of the women of child-bearing age, whichrepresents in the United States about 24 million women. Publications covering previous independent third party testing utilizing iodine to treat collectively over 1,500 women with fibrocystic breast disease have reported 60% or greater clinical improvement in their breast disease. The company is also collaborating with Bausch & Lomb Pharmaceuticals and Watson Pharmaceuticals to develop drug compounds based on the company's technology. With Bausch & Lomb, the company is developing new drugs for treating ophthalmic infections. The company is working with Watson to develop applications to treat human skin diseases. |
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