Critical Outcome Technologies Inc.: Critical Outcome Technologies Inc. Announces Pilot Project Conclusion

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Critical Outcome Technologies Inc.: Critical Outcome Technologies Inc. Announces Pilot Project Conclusion

//house-home.news-articles.net/content/2009/08/1 .. gies-inc-announces-pilot-project-conclusion.html

Published in House and Home on Monday, August 17th 2009 at 13:31 GMT, Last Modified on 2009-08-17 13:31:24 by Market Wire
^{🞛 This publication is a summary or evaluation of another publication}

LONDON, ONTARIO--(Marketwire - Aug. 17, 2009) - Critical Outcome Technologies Inc. (COTI) (TSX VENTURE:COT) announced today that COTI has received notification from Merck KGaA (FRANKFURT:MRK) of Darmstadt, Germany that it decided to discontinue the pursuit of compounds under the pilot project announced on October 17, 2007. The project called for COTI to identify drug discovery candidates for a specific oncology cellular target of importance to Merck KGaA.

About Critical Outcome Technologies Inc. (COTI)

COTI is formed around a unique computational platform technology called CHEMSAS^®, which allows for the accelerated identification, profiling and optimization of targeted small molecules potentially effective in the treatment of human diseases for which current therapy is either lacking or ineffective. Currently, six targeted libraries of lead compounds are under active development: small cell lung cancer, HIV integrase inhibitors, acute adult leukemia, multiple sclerosis, colorectal cancer and alzheimer's disease.

For further information, please visit the website at [ www.criticaloutcome.com ].

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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[ Mon, Feb 09th 2009 ]: Market Wire

Critical Outcome Technologies Inc.: Critical Outc .. Enhances the Effectiveness of Tarceva(R) (ERLOTI

[ Thu, Dec 18th 2008 ]: Market Wire

Critical Outcome Technologies Inc.: Critical Outc .. nc. Reports Second Quarter 2009 Financial Results