Media Statement:
CYTOCHROMA APPOINTS CO-FOUNDER DR.
P. MARTIN PETKOVICH AS
FULL-TIME CHIEF SCIENTIFIC OFFICER
Markham, Ontario, Canada — March
12, 2007 — Cytochroma Inc. announced today
the appointment of Dr. P. Martin Petkovich as full-time Chief
Scientific
Officer.
In his newly expanded role, Dr. Petkovich
will help propel the development and commercialization of promising
new Vitamin
D products thereby providing nephrologists with more effective
tools to treat disorders and deficiencies related to vitamin
D hormone deficiency in chronic kidney disease (CKD).
"I am excited by Cytochroma’s
exceptional product pipeline and its proven ability to advance
new products
into the clinic,” said
Dr. Petkovich. “I believe that this combination will
ensure Cytochroma’s success in bringing excellent new
therapies to CKD patients.” Dr. Petkovich received
his PhD from the University of Toronto in 1986 and completed
a post-doctoral fellowship in the laboratory
of Dr. Pierre Chambon in Strasbourg, France. Thereafter,
he joined Queen’s University where he continues to
hold a Full Professorship. Dr. Petkovich is known internationally
as an expert in vitamin and hormone regulation of gene expression
and metabolism. Dr. Petkovich co-founded Cytochroma in 1996
at Queen’s University and has led the discovery of
a number of innovative products with applications in dermatology
and in CKD. To date, Dr. Petkovich has served as a part-time
consultant to Cytochroma.
“Dr. Petkovich brings to Cytochroma
a wealth of scientific knowledge and research experience which
greatly strengthens the company’s
ability to develop and commercialize proprietary technologies
directed toward CKD,” stated Charles W. Bishop, PhD,
Cytochroma’s President and CEO. “We welcome
Dr. Petkovich as he begins a greater involvement with Cytochroma.”
About
Chronic Kidney Disease and Secondary Hyperparathyroidism
Vitamin
D and its analogs are currently used to treat secondary hyperparathyroidism
in patients with CKD or
end-stage renal
disease. According to the National Kidney Foundation,
more than nine million North American patients suffer
from moderate
to severe CKD. Many develop vitamin D deficiency and
secondary hyperparathyroidism which, if untreated,
can cause debilitating
bone diseases and increased patient morbidity and mortality.
About
Cytochroma Inc.
Cytochroma is
an integrated specialty pharmaceutical company engaged
in the development and
commercialization of proprietary products to treat
and prevent the clinical
consequences of diseases and disorders related to vitamin
D hormone deficiency.
The Company has an advanced portfolio of new products
targeting vitamin D deficiency and secondary hyperparathyroidism
in patients with moderate to severe chronic kidney
disease and
end-stage
renal disease. In addition, the Company is developing
novel
vitamin D therapies to treat hyperproliferative disorders
such as cancer and psoriasis.
For information
contact:
Eric J. Messner
Vice President
Commercial
Operations
905-479-5306 ext.
338
eric.messner@cytochroma.com
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