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Past Press Releases - Speedel

September 6, 2005
Speedel to list its shares on SWX Swiss Exchange on 08 September
Company not issuing new shares and not raising funds More

August 11, 2005
Speedel achieves milestone in Next Generation Renin Inhibitors
Speedel, a world leader in renin inhibition, announced today that it has achieved an important milestone in the development of its next generation renin inhibitors for the treatment of cardiovascular and metabolic diseases. Working together with Locus Pharmaceuticals Inc (PA, USA) under a collaboration initiated in 2003, Speedel has produced a novel series of promising lead compounds (SPP800 series) for which it has filed a patent application. More

August 4, 2005
Speedel raises CHF 70 million in private funding round
Speedel announced today that it has successfully completed its latest private funding round, raising CHF 70 million (approximately EUR 45 million or USD 56 million) through a convertible loan. The loan notes were subscribed primarily by current shareholders. More

July 7, 2005
Speedel starts Phase III study of SPP301 in diabetic nephropathy
Speedel announced today the start of its Phase III study for SPP301, its once-a-day oral endothelin A receptor antagonist (ERA) in the indication of diabetic nephropathy (diabetic kidney disease). The ASCEND study has begun with the first patient visit as per the schedule outlined by Speedel in March 2005 when the company reported successful completion of the Phase II clinical trials. More

February 22, 2005
Speedel raises CHF 47.8 million in private funding round
Equity round fully subscribed More

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