Important note: Information in this article was accurate in 1997. The state of the art may have changed since the publication date.
PR Newswire; Wednesday December 17, 8:48 am EST
Fitzgerald commented, "This agreement is yet another step in achieving Sheffield's goal to divest of its early stage development programs. It provides for the further development of the RBC-CD4 technology without additional investment by Sheffield, while allowing for a potential on-going revenue stream upon the commercialization of the technology."
Separately, the Company announced that in addition to the issuance of U.S. Patent No. 5,677,176 covering the product RBC-CD4, it has received a notice for the granting of the Japanese patent also covering RBC-CD4.
Sheffield Pharmaceuticals, Inc. is a specialty pharmaceutical company focused on the development and commercialization of later stage, lower risk pharmaceutical opportunities targeted at patient markets with unmet medical needs.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created hereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the ability of the company to successfully develop and commercialize its technologies. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the company or any other person that the objectives and plans of the Company will be achieved.
SOURCE: Sheffield Pharmaceuticals
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