Macrochem (NASDAQ:MCHM)
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MacroChem CEO will Present at NY Society of Security Analysts'
Conference on Investing in Specialty Pharmaceuticals & Biotech, November 16 in
New York
LEXINGTON, Mass., Nov. 15 /PRNewswire-FirstCall/ -- MacroChem Corporation
(NasdaqSC: MCHM), a specialty pharmaceutical company, has announced that Robert
J. DeLuccia, president and chief executive officer, will review the company's
clinical-program status and business strategy at the New York Society of
Security Analysts 8th Annual Healthcare Industry Conference: Focus on Investing
in Specialty Pharmaceuticals and Biotechnology, to be held November 16 and 17,
at The Harvard Club in New York.
MacroChem develops topical prescription products based on its patented enhancer
technology, SEPA(R). Mr. DeLuccia's presentation, scheduled for November 16 at
10:40 AM, will review MacroChem's specialty pharmaceutical business model and
provide an update on the company's two SEPA-enhanced products currently in
clinical development -- Opterone(R), a topical testosterone cream for treating
male hypogonadism, and EcoNail(TM), an econazole nail lacquer for treating
onychomycosis (fungal infection of nails).
MacroChem expects to begin a planned bioavailability study of Opterone this
quarter. Its current Phase 1 tolerance trial of EcoNail in patients with
onychomycosis is fully enrolled, and MacroChem expects trial sites to complete
the treatment phase by the end of 2004.
This presentation will be webcast by Shareholder.com and can be accessed at the
MacroChem web site, http://www.macrochem.com/. The web address of MacroChem's
presentation is
http://www.corporate-ir.net/ireye/confLobby.zhtml?ticker=MCHM&item_id=957527
About MacroChem
MacroChem is a specialty pharmaceutical company that innovates, develops and
commercializes pharmaceuticals administered in novel ways, to treat important
medical conditions. MacroChem is developing two products containing its
patented enhancer, SEPA: Opterone(TM), a SEPA-enhanced topical treatment for
male hypogonadism; and EcoNail(TM), a SEPA-enhanced antifungal nail lacquer to
treat a common and potentially debilitating nail infection known as
onychomycosis.
With the exception of historical information contained in this press release,
the matters described herein are forward-looking statements that involve risks
and uncertainties. MacroChem's actual results may differ significantly from
the results discussed in the forward-looking statements. Factors that might
cause such a difference include, but are not limited to, those discussed or
referred to in the section entitled "Risk Factors" in MacroChem's Annual Report
on Form 10-K, as well as those discussed elsewhere therein, and include,
without limitation, risks regarding product development, the timing and results
of clinical trials, the regulatory approval process, capital requirements,
financial condition, patent protection and dependence on third parties for
development and licensing arrangements. Readers are cautioned not to place
undue reliance on these forward-looking statements, which speak only as of the
date hereof. MacroChem undertakes no obligation to update publicly any
forward-looking statements, whether as a result of new information, future
events or otherwise.
Investor Contact:
Bernard Patriacca - VP/CFO
(781) 862-4003
Media Contact:
Donna LaVoie (LaVoie Group)
(781) 596-0200 x103
DATASOURCE: MacroChem Corporation
CONTACT: Bernard Patriacca, VP/CFO of MacroChem, +1-781-862-4003; or
Donna LaVoie of LaVoie Group, +1-781-596-0200 ext. 103
Web site: http://www.macrochem.com/