CHARLOTTE, N.C., Oct. 19, 2010 (GLOBE NEWSWIRE) -- Chelsea Therapeutics International, Ltd. (Nasdaq:CHTP) is scheduled to present at the 2010 Newsmakers in the Biotechnology Industry Conference at 3:00 PM ET on Friday October 22, 2010 at the Millennium Hotel in New York City.
Keith Schmidt, Chelsea's vice president of sales and marketing, will provide a brief overview of the company's product pipeline, clinical development status and upcoming milestones.
Mr. Schmidt's presentation will be webcast live and archived for 90 days on Chelsea's website, www.chelseatherapeutics.com.
About Chelsea Therapeutics
Chelsea Therapeutics is a biopharmaceutical development company that acquires and develops innovative products for the treatment of a variety of human diseases. Chelsea's most advanced drug candidate, NORTHERA™ (droxidopa), is an orally active synthetic precursor of norepinephrine initially being developed for the treatment of neurogenic orthostatic hypotension. Chelsea is also developing a portfolio of metabolically inert oral antifolate molecules engineered to have potent anti-inflammatory and anti-tumor activity to treat a range of immunological disorders, including two clinical stage product candidates: CH-1504 and CH-4051. Preclinical and clinical data suggest superior safety and tolerability, as well as increased potency versus methotrexate (MTX).
This press release contains forward-looking statements regarding future events. These statements are just predictions and are subject to risks and uncertainties that could cause the actual events or results to differ materially. These risks and uncertainties include risks and costs of drug development including clinical trials and our reliance on our lead drug candidates droxidopa and CH-4051, our need to raise additional operating capital in the future, competition, market acceptance for our products if any are approved for marketing, and reliance on key personnel including specifically Dr. Pedder.