DGAP-News: Nanostart to feature successful completion of MagForce clinical trials at investor presentation in New York City
04.11.2009 - 08:28
Nanostart AG / Miscellaneous
04.11.2009
Dissemination of a Corporate News, transmitted by
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- Exclusive event for 80 specially invited guests
- Highlight: Clinical efficacy of Nano-Cancer(R)-therapy now proven
- Growing investor interest in Nanostart and its portfolio companies
Frankfurt - November 4, 2009 - Marco Beckmann, CEO of Nanostart AG, the
global nanotechnology investment company based in Frankfurt, will be
presenting the company and its portfolio holdings to an audience of approx.
80 selected investors and analysts on November 5 in New York City's
Manhattan Club.
The occasion for this special investor event is first and foremost the
superb results of clinical trials reported by MagForce Nanotechnologies AG
(ISIN DE000A0HGQF5), which is 77% owned by Nanostart. On November 3,
MagForce announced the successful completion of its clinical trials
demonstrating the efficacy of its Nano-Cancer(R) therapy in treating
recurrent glioblastoma, a particularly malignant form of brain tumor. The
median survival time was more than doubled in the patient group, far in
excess of the study objective. These clinical trials thus conclusively
demonstrated the efficacy of Nano-Cancer(R) therapy. The study also
confirmed that the therapy is extremely well tolerated by patients compared
to conventional therapies, with no significant side effects.
The presentation will take place as part of an evening program. Marco
Beckman will be in the spotlight as the event's sole speaker, and guests
will have ample time following the formal presentation to speak
individually with him and to ask detailed questions.
Vanessa Mieschke, responsible for investor relations at Nanostart,
commented: 'With these superb results from its clinical trials, our
majority-owned MagForce is entering into a new era. Large U.S. investors
have been awaiting these results with anxious anticipation.'
About Nanostart:
Nanostart AG is the world's leading nanotechnology investment company. The
Frankfurt-based company provides venture capital financing for
nanotechnology companies in various growth phases. It also provides the
benefits of its experience and expertise to developers of financial
instruments and to investors in the nanotechnology sector. For further
information about the company, please visit www.nanostart.de.
Disclaimer:
This notice constitutes neither an offer to sell nor a solicitation of
offers to purchase or subscribe to securities. There will be no public
offering of securities of Nanostart AG in conjunction with the existing
listing of its shares in the 'Entry Standard' segment of the regulated
unofficial market (Freiverkehr) on the Frankfurt Stock Exchange. This
notice does not constitute a securities prospectus. Neither this notice nor
the information contained within is intended for direct or indirect
distribution within the United States of America, Canada, Australia or
Japan.
Media contact:
Nanostart AG
Public Relations
Dr. Hans Joachim Dürr
Goethestrasse 26-28
D-60313 Frankfurt
Germany
phone: +49 (0)69-21 93 96 111
fax: +49 (0)69-21 93 96 122
e-mail: presse@nanostart.de
04.11.2009 Financial News transmitted by DGAP
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November 04, 2009 02:28 ET (07:28 GMT)