Access Pharmaceuticals to Present MuGard Data and Host Oral Mucositis Symposium at MASCC Conference in June
DALLAS and NEW YORK, April 21 /PRNewswire-FirstCall/ -- ACCESS PHARMACEUTICALS, INC. (OTC Bulletin Board: ACCP), a biopharmaceutical company specializing in products for cancer and supportive care, announced today that it will present data from the ongoing work involving its lead product, MuGard, and host an oral mucositis symposium at the MASCC conference being held in Vancouver, B.C. on June 24-26, 2010. MuGard is Access Pharma's FDA-approved product for the management of oral mucositis, a debilitating side effect of many anticancer treatments.
"We are delighted to have the opportunity to host an oral mucositis symposium and to present MuGard information and clinical data to such a broad and prestigious audience at this year's MASCC conference," said Jeffrey Davis, President and CEO of Access Pharmaceuticals, Inc. He continued, "As we continue our efforts to commercially launch MuGard in North America, our presence at the MASCC conference demonstrates our strategic focus on raising the awareness of the product's important role in the management of oral mucositis."
MASCC, or the Multinational Association of Supportive Care in Cancer, is an international organization dedicated to the research and education in all aspects of supportive care for patients with cancer. It joined forces with the International Society of Oral Oncology (ISOO) in 1998, and its members represent over sixty countries. The MASCC/ISOO membership includes oncology medical, surgical, and radiology physicians, nurses, dentists, dental hygienists, pharmacists and representatives from industry and non-profit sectors. Symposia are convened annually to share the most recent research in supportive care from throughout the world.
Access Pharma recently announced it has completed its first commercial scale production run of MuGard in North America at Accupac, Inc. manufacturing facilities. MuGard has been launched in the UK, Germany, Italy, Sweden, Norway and Greece through its European partner, SpePharm. Additionally, JCOM, Inc., its Korean licensee for both MuGard™ and ProLindac™, has received approval from the Korean Food and Drug Administration (KFDA) for MuGard. The Company plans on commercially launching MuGard in Korea and North America later this year.
About MuGard:
MuGard is a novel, ready-to-use mucoadhesive oral wound rinse and coating for the management of oral mucositis, a debilitating side effect of many anticancer treatments. Up to 40% of all patients receiving chemotherapy and radiotherapy develop moderate to severe mucositis, and almost all patients receiving radiotherapy for head and neck cancer and those undergoing stem cell transplantation develop mucositis. Updated clinical practice guidelines for the prevention and treatment of mucositis recommend the use of a preventive oral care regimen as part of routine supportive care along with a therapeutic oral care regimen if mucositis develops. The market for the treatment of oral mucositis is estimated to be in excess of $1 billion world-wide.
About Access:
Access Pharmaceuticals, Inc. is an emerging biopharmaceutical company that develops and commercializes proprietary products for the treatment and supportive care of cancer patients. Access' products include ProLindac™, currently in Phase II clinical testing of patients with ovarian cancer, and MuGard™ for the management of patients with mucositis. The company also has other advanced drug delivery technologies including Cobalamin™-mediated targeted delivery and oral drug delivery, its proprietary nanopolymer delivery technology based on the natural vitamin B12 uptake mechanism and Thiarabine, a new generation nucleoside analog which has demonstrated both pre-clinical and clinical activity in certain cancers. For additional information on Access Pharmaceuticals, please visit our website at www.accesspharma.com.
This press release contains certain statements that are forward-looking within the meaning of Section 27a of the Securities Act of 1933, as amended, and that involve risks and uncertainties. These statements include those relating to: our cash burn rate, clinical trial plans and timelines and clinical results for ProLindac, MuGard, Thiarabine and Cobalamin and other product candidates, our ability to achieve clinical and commercial success and our ability to successfully develop marketed products. These statements are subject to numerous risks, including but not limited Access' need to obtain additional financing in order to continue the clinical trial and operations and to the risks detailed in Access' Annual Reports on Form 10-K and other reports filed by Access with the Securities and Exchange Commission.
CONTACT: Christine Berni, Director of Investor Relations, Access Pharmaceuticals, Inc., +1-212-786-6208; or Investor Relations, Donald C. Weinberger/Diana Bittner (media), Wolfe Axelrod Weinberger Assoc. LLC, +1-212-370-4500
SOURCE Access Pharmaceuticals, Inc.
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