Healthcare Industry News: Urigen Pharmaceuticals
News Release - July 30, 2007
Urigen Pharmaceuticals, Inc., formerly Valentis, Inc. Announces Name Change and New Stock Symbol
Urigen Pharmaceuticals OTC Bulletin Board Symbol to be URGPBURLINGAME, Calif.--(HSMN NewsFeed)--Urigen Pharmaceuticals, Inc., a specialty pharmaceutical company focused on the development of treatments for urological disorders, announced today the next step in its successful merger with Valentis, Inc. The name of the Company will change to Urigen Pharmaceuticals, Inc. and will trade on the OTC Bulletin Board under the ticker symbol URGP, effective at the beginning of trading today.
"The name Urigen Pharmaceuticals accurately describes our mission to develop ethical drug treatments for targeted urological disorders," commented Bill Garner, President and CEO of Urigen Pharmaceuticals, Inc. "We believe this name change is an important and necessary next step in moving forward as a publicly traded company. We look forward to further shareholder communication"
All shares previously registered and traded under the Company's former symbol of OTCBB: VLTS will be traded under the new ticker symbol OTCBB: URGP. The name and ticker symbol change is a result of the previously announced reverse merger with Valentis, Inc. that was completed on July 13, 2007.
About Urigen Pharmaceuticals, Inc.
Urigen Pharmaceuticals, Inc. is a specialty pharmaceutical company dedicated to the development and commercialization of therapeutic products for urological disorders. Urigen's two lead programs target significant unmet medical needs and major market opportunities in urology. Urigen's URG101, a proprietary combination of approved drugs that is instilled into the bladder, targets painful bladder syndrome, which affects approximately 10.5 million men and women in North America. Urigen's URG301, a proprietary dosage form of an approved drug that is locally delivered to control urinary urgency, targets acute urgency in females diagnosed with an overactive bladder, another major unmet need that is insufficiently managed by presently available overactive bladder drugs. For further information, please visit Urigen's website at http://www.urigen.com.
Forward-Looking Statement
This press release may contain forward-looking statements. These statements may be identified by the use of forward-looking terminology such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "predict," "should," or "will," or the negative thereof or other variations thereon or comparable terminology. Urigen has based these forward-looking statements on current expectations, assumptions, estimates and projections. While Urigen believes that these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. Given these risks and uncertainties, investors and security holders are cautioned not to place undue reliance on such forward-looking statements. Urigen does not undertake any obligation to update any such statements or to publicly announce the results of any revisions to any such statements to reflect future events or developments.
Source: Urigen Pharmaceuticals
Issuer of this News Release is solely responsible for its
content.
Please address inquiries directly to the issuing company.
FindReps: Screen and connect with Medical Sales Rep candidates (Direct Reps and Independents) – anonymously, in real time.
RepJobs: Job Opportunities for Direct Sales Reps and New Product Lines for Independents!