Verseon Corporation New anticoagulant data to be presented at AHA 2016

TIDMVSN

Verseon Corporation

14 November 2016

Press Release November 14, 2016

Verseon Corporation

("Verseon" or the "Company")

Verseon to Present New Preclinical Safety and Tolerability Results at the 2016 American Heart Association's Scientific Sessions

Fremont, Calif.-Verseon will present new preclinical data on its novel class of oral anticoagulants at the American Heart Association's Scientific Sessions in New Orleans on November 15. The poster will feature pharmacokinetics across several species as well as toxicity, safety, and tolerability data that further expand Verseon's comprehensive preclinical studies of its anticoagulant candidates.

Using its proprietary, computer-driven discovery platform, Verseon designs drug candidates that are unlikely to be found by traditional drug discovery methods. The Company is advancing a class of potent, highly selective direct thrombin inhibitors that bind to thrombin through a unique mode of action via reversible covalent inhibition.

In preclinical research, Verseon's direct thrombin inhibitors show bioavailability comparable to or better than currently available anticoagulants, suggesting that they may be suitable for oral dosing. In addition, preclinical testing indicates that these inhibitors carry lower bleeding risk compared to existing anticoagulants. The Company believes that this novel class of anticoagulants could provide new therapies for thrombotic disorders with enhanced benefit-risk profiles.

Details of the poster, to be revealed at the American Heart Association conference, are as follows:

Poster Title: Novel, Highly Selective Direct Thrombin Inhibitors: Efficacy, Safety, and Tolerability Studies

Poster Number: T1204

Session Name: Thrombosis, Immunity and Inflammation

Date and Time: November 15, 2016, 12:45-2:00 PM

Location: Science and Technology Hall, Basic Science Section

About Verseon

Verseon Corporation (www.verseon.com, AIM: VSN) is a technology-based pharmaceutical company that employs its proprietary, computational drug discovery platform to develop novel therapeutics that are unlikely to be found using conventional methods. The Company is applying its platform to a growing drug pipeline and currently has three active drug programs in the areas of anticoagulation, diabetic macular edema, and oncology.

-Ends-

For further information, please contact

 
 Verseon Corporation                www.verseon.com 
                                       +1 (510) 225 
 Arthur Shmurun / Amy Thai                     9000 
 
 Cenkos Securities (NOMAD and 
  Joint Broker) 
                                         +44 (0) 20 
 Mark Connelly / Steve Cox                7397 8900 
 
 Cantor Fitzgerald Europe (Joint 
  Broker) 
 Marc Milmo / Phil Davies /              +44 (0) 20 
  Callum Butterfield                      7894 7000 
 
 Mirabaud Securities LLP (Joint 
  Broker) 
                                         +44 (0) 20 
 Peter Krens                              7321 2508 
 
 

For financial and business media enquiries, please contact

 
 Buchanan Communications Ltd 
  (PR Advisers) 
 Henry Harrison-Topham / Sophie    +44 (0) 20 
  Cowles                            7466 5000 
 

For trade and pharma media enquiries, please contact

 
 Vane Percy & Roberts 
                         +44 (0) 1737 
 Simon Vane Percy             821 890 
 

Forward-Looking Statements

This press release contains forward-looking statements, which are generally statements that are not historical facts. Forward-looking statements can be identified by the words "expects," "anticipates," "believes," "intends, " "estimates," "plans," "will," "outlook," and similar expressions. Forward-looking statements are based on management's current plans, estimates, assumptions, and projections, and speak only as of the date they are made. We undertake no obligation to update any forward-looking statement in light of new information or future events, except as otherwise required by law. Forward-looking statements involve inherent risks and uncertainties, most of which are difficult to predict and are generally beyond our control. Actual results or outcomes may differ materially from those implied by the forward-looking statements as a result of the impact of a number of factors.

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRAEAFFDFLKKFAF

(END) Dow Jones Newswires

November 14, 2016 02:00 ET (07:00 GMT)