DECEMBER 26 2019, NEW YORK – ChemioCare USA Inc. (“ChemioCare” or the “Company”), a biotechnology company focused on transforming standard of care therapeutics, today announced it has changed the name of the Company to Starton Therapeutics, Inc. The name change reflects an evolution from a cancer supportive care company to a company with the potential to address a wide range of therapeutic areas, including hematology and cancer therapeutics beyond chemotherapy.
Pedro Lichtinger, Chairman and CEO comments on the exciting new identity, “In talking with physicians, payers, and the scientific community we have identified numerous breakthrough applications for our patch technology to improve patient outcomes and address significant unmet medical needs. With the many opportunities we continue to uncover for transdermal delivery, we knew we had outgrown our “Chemio” moniker. This rebranding transpires subsequent to the achievement of two substantial development milestones for the Company. The completion of our olanzapine patch human bioavailability study and lenalidomide myeloma model study in late 2019 signal a new direction for Starton.”
The Company expects to launch its new corporate website early January 2020.
About Starton Therapeutics
Starton is a clinical-stage biotechnology company focused on transforming standard of care therapeutics. Starton uses proven transdermal technology with proprietary drivers to obtain new indications or develop on-label superiority for patients with hematological malignancies.This press release contains forward-looking statements that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of the Company’s business, financial condition, liquidity, results of operations, plans and objectives. In some cases, you may identify forward-looking statements by words such as “may,” “should,” “plan,” “intend,” “potential,” “continue,” “believe,” “expect,” “predict,” “anticipate” and “estimate,” the negative of these words or other comparable words. These statements are only predictions. One should not place undue reliance on these forward-looking statements. The forward-looking statements are qualified by their terms and/or important factors, many of which are outside the Company’s control and involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially from the statements made. The forward-looking statements are based on the Company’s beliefs, assumptions and expectations of future performance, taking into account information currently available to the Company. Neither the Company nor any other person assumes responsibility for the accuracy or completeness of these statements. Information in this press release will be updated only to the extent required under applicable laws. If a change occurs, the Company’s business, financial condition, liquidity, results of operations, plans and objectives may vary materially for from those expressed in the aforementioned forward-looking statements.
