Developing treatments for chronic diseases

TheraVasc Awarded “Most Promising Life Science Technology Company” at Rice Alliance Life Science Venture Forum

Houston, TX, August, 19, 2009 – TheraVasc, LLC was named one of the most promising Life Science companies at the 8th Annual Rice Alliance for Technology & Entrepreneurship Life Science Venture Forum in Houston last week. Life Science companies showcased their new ventures for an audience of more than 400 attendees, including investors, venture capitalists, industry representatives, business leaders, advisors/mentors, service providers, and entrepreneurs.Cynthia A. Doerr, M.D., partner, Essex Woodlands Health Ventures said of the presenters, “This is one of the most mature groups of healthcare-related company presentations that I have reviewed in Houston, and I intend to follow their progress closely.” TheraVasc is developing repurposed drugs for vascular diseases for which no current treatments exist. Its lead compound, TV1001, licensed from LSU Health Sciences Center in Shreveport, is moving into a Phase Ib clinical trial for the treatment of peripheral artery disease, a disease affecting some 12 million people in the US causing severe pain in the legs characterized by a loss of blood flow for which the current standard of care is exercise. TheraVasc treatment works to increase new blood vessel growth specifically in the affected limb. The trial will monitor safety and new blood vessel development. Tony Giordano, Ph.D., the President and CEO of TheraVasc said, “We are pleased to receive this recognition from the Rice Alliance. I have attended a number of these venture forums with a number of other companies I have been with and can say that the interactive format used here was a fantastic learning experience. Hearing all the other excellent presentations and still being recognized as one of the most promising...
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