TopoTarget A/S Symbion Fruebjergvej 3 2100 København Tlf.: +45 39 17 83 92 Fax: +45 39 17 94 92 CVR-nr: 25695771 www.topotarget.com TopoTarget's CEO Peter Buhl Jensen appointed Honorary Professor of Clinical Oncology at the University of Copenhagen Copenhagen, Denmark, 8 October 2007 - TopoTarget (OMX: TOPO) is pleased to announce that MD Peter Buhl Jensen, CEO of TopoTarget, has been appointed Honorary Professor of Clinical Oncology at the Institute of Surgery and Internal Medicine, University of Copenhagen. “The university may award the title of Honorary Professor to individuals who have excelled in their field of expertise and whom the university wishes to honour and form a closer relationship with. Peter Buhl Jensen's appointment is on the basis of his internationally peer-reviewed research projects that have produced unique results which ultimately benefit cancer patients,” said Ulla Wewer, Dean at the University of Copenhagen. Research conducted by Peter Buhl Jensen and his team at TopoTarget is founded upon a research tradition established by the Finsen Institute and the University Hospital in Copenhagen and it bridges the gap between laboratory research and the treatment of cancer patients. Peter Buhl Jensen established his research reputation as head of the Laboratory for Experimental Medical Oncology at the National University Hospital and later as co-founder and CEO of TopoTarget. “Since TopoTarget's foundation we have enjoyed a supportive and productive relationship with the University Hospital in Copenhagen and the University of Copenhagen. The University Hospital in Copenhagen has been visionary and the support we received has meant that we were able to pursue our vision at TopoTarget to become a European dynamo in the development of cancer treatments,” said Peter Buhl Jensen. TopoTarget A/S For further information, please contact: Dr. Peter Buhl Jensen Telephone +45 39 17 83 41 Chief Executive Officer Mobile +45 21 60 89 22 Ulla Hald Buhl Mobile +45 21 70 10 49 Director of IR and Communications Background information About TopoTarget TopoTarget (OMX: TOPO) is a biotech company, headquartered in Denmark and with subsidiaries in US, Switzerland, Germany and the UK, dedicated to finding ''Answers for cancer'' and developing improved cancer therapies. TopoTarget is founded and run by clinical cancer specialists and combines years of hands-on clinical experience with in-depth understanding of the molecular mechanisms of cancer. Focus lies on highly predictive cancer models and key cancer targets (including HDACi, NAD+, mTOR, FASligand and topoisomerase II inhibitors) and a strong development foundation has been built. TopoTarget has a broad portfolio of small molecule pre-clinical drug candidates and eight drugs (both small molecules and protein based) are in clinical development, including both novel anti-cancer therapeutics and new cancer indications for existing drugs. Savene™/Totect™ was approved by EMEA in 2006 and the FDA in 2007 and is TopoTarget's first product on the market. For more information, please refer to www.topotarget.com. TopoTarget Safe Harbour Statement This announcement may contain forward-looking statements, including statements about our expectations of the progression of our preclinical and clinical pipeline including the timing for commencement and completion of clinical trials and with respect to cash burn guidance. Such statements are based on management's current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. TopoTarget cautions investors that there can be no assurance that actual results or business conditions will not differ materially from those projected or suggested in such forward-looking statements as a result of various factors, including, but not limited to, the following: The risk that any one or more of the drug development programs of TopoTarget will not proceed as planned for technical, scientific or commercial reasons or due to patient enrolment issues or based on new information from non-clinical or clinical studies or from other sources; the success of competing products and technologies; technological uncertainty and product development risks; uncertainty of additional funding; TopoTarget's history of incurring losses and the uncertainty of achieving profitability; TopoTarget's stage of development as a biopharmaceutical company; government regulation; patent infringement claims against TopoTarget's products, processes and technologies; the ability to protect TopoTarget's patents and proprietary rights; uncertainties relating to commercialization rights; and product liability expo-sure; We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by law.
TopoTarget's CEO Peter Buhl Jensen appointed Honorary Professor of Clinical Oncology at the University of Copenhagen
| Source: Topotarget