Stephen M. Simes, President and CEO of BioSante Pharmaceuticals, Inc., Talks to The Wall Street Transcript.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- The Wall Street Transcript has published an in-depth interview with Stephen M. Simes, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BioSante Pharmaceuticals, Inc. (AMEX AMEX See: American Stock Exchange :BPA BPA British Paediatric Association. ) in which he talks at length about the Company. The entire 2,500 word interview is available free online at http://www.twst.com/ceos.htm. BioSante is developing a pipeline of hormone therapy Hormone therapy Treating cancers by changing the hormone balance of the body, instead of by using cell-killing drugs. Mentioned in: Breast Cancer, Thyroid Cancer hormone therapy products to treat both men and women. BioSante's hormone therapy products are gel formulations for transdermal administration that deliver bioidentical estradiol and testosterone. The company also is developing its calcium phosphate nanotechnology (CaP) for novel vaccines, including avian flu and biodefense vaccines for toxins such as anthrax, and drug delivery systems. Regarding the company's objectives Mr. Simes stated, "Our focus today is in hormone therapy products. We recently received FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. approval of our first product, Elestrin[TM], which is an estrogen gel approved for the treatment of hot flashes in menopausal women, a $1.3 billion market. Elestrin will be the lowest dose of estradiol on the market to treat hot flashes. Elestrin will be launched in mid-2007. In addition, we have initiated a Phase III clinical trial Noun 1. phase III clinical trial - 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 of LibiGel[R], our testosterone gel, for the treatment of female sexual dysfunction, a potential $2.0 billion market. We also are working on our calcium phosphate-based nanotechnology in the area of improved vaccines and protein delivery." When asked about the company's current position Mr. Simes stated, "The business plan right now is to introduce our transdermal estradiol gel, Elestrin, through Bradley Pharmaceuticals, (NYSE NYSE See: New York Stock Exchange :BDY BDY Body BDY Boundary ) and conduct our Phase III clinical trials of LibiGel for the treatment of female sexual dysfunction. One of the key parts of operating a small company like ours is focus, and this is our focus." The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For subscription information call 800/246-7673. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The statements regarding BioSante contained in this news release that are not historical in nature, particularly those that utilize terminology such as "may," "will," "should," "likely," "expects," "anticipates," "estimates," "believes," "plans," "hopes," or comparable terminology, are forward-looking statements. Forward-looking statements are based on current expectations and assumptions, and entail various risks and uncertainties that could cause actual results to differ materially from those expressed in such forward-looking statements. Important factors known to BioSante that cause actual results to differ materially from those expressed in such forward-looking statements are the difficulty of developing pharmaceutical products, the success of clinical testing, obtaining regulatory and other approvals and achieving market acceptance, and other factors identified and discussed from time to time in BioSante's filings with the Securities and Exchange Commission, including those factors discussed in BioSante's most recent Forms 10-K and 10-Q, which discussion also is incorporated herein by reference. All forward-looking statements speak only as of the date of this news release. BioSante undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. |
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