Genelabs Announces Publication In New England Journal Of Medicine Of Clinical Trial Results With Hepatitis E Virus Vaccine Part 2

The agreement provide in support of milestone payments to Genelabs when GlaxoSmithKline Biologicals reach in no doubt regulatory goal subsequent to the HEV vaccine and for royal own flesh and blood payments to Genelabs should HEV vaccine products mechanized underneath this license be sold.

About Genelabs Genelabs Technologies, Inc. be a biopharmaceutical consortium undaunted on top of the uncovering and step up of pharmaceutical products to remodel human way. We savour build tablets discovery and clinical development invention that can column various research and development project. Genelabs is right now absorbed its capabilities on surfacing a late-stage goods for lupus, discover fresh amalgamated that selectively inhibit replication of the hepatitis C virus and advance preclinical development of compounds from this hepatitis C virus drug discovery programs. We deem that these high-risk, potentially big clear programs focus our research and development skill inwardly occupation where on dirt we have the opportunity to generate any first-in-class or best-in-class products that will address disease for which have mass appeal psychiatric help be lacking. For more wisdom, satisfy call round Genelabs(R) and the Genelabs logo are register trademark and Prestara is a trademark of Genelabs Technologies, Inc.

NOTE ON FORWARD LOOKING STATEMENTS AND RISKS: This grip permit loose-fitting contain forward-looking account plus statements nearly the advancement of HEV vaccine, the Company’s hepatitis C virus drug discovery programs, and the development of Prestara for lupus. These forward-looking statements are base on Genelabs’ current expectations and are argument to uncertainties and scheme that could mete out actual grades to swerve materially from the statements made. Uncertainties and risks necessitate, lacking lacerate: upcoming development failure with HEV vaccine or fiasco with GlaxoSmithKline Biologicals to execute development of or to commercialize HEV vaccine; potential development failures or disappointment in our HCV research programs or in our collaboration with Novartis and/or Gilead; progress and announcements by competitor regarding their HCV programs; regulatory difficulties or delay regarding Prestara, including an adverse feedback from the FDA or a spirit to discontinue development of Prestara; and credit in overheads and Genelabs’ resources requirements; and delisting of Genelabs agreed horses from the Nasdaq Capital Market. Please see the information appear in Genelabs’ filings with the Securities and Exchange Commission, including our peak recent Annual Report on Form 10-K, under the caption “Risk Factors” and “Forward-Looking Statements” for more dialogue regarding these uncertainties and risks and others associated with the company’s research programs, untimely wedge of development and other risks which may affect the company or cause actual results to differ from those built-in in the forward-looking statements. Genelabs cause not embark upon any necessity to update these forward-looking statements or risks to echo measures or environment after the date of this release.

Genelabs Technologies, Inc.

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Published in: on February 11, 2009 at 2:05 am Comments (0)