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Akesis Pharmaceuticals, Inc.



Akesis Pharmaceuticals Announces Pipeline Expansion Strategy



November 28th, 2008

Akesis Pharmaceuticals, Inc. (OTCBB:AKES) announced it is broadening its business model to include the development of a wider range of specialty pharmaceuticals targeting metabolic diseases. As part of the new strategy the Company will look to in-license preclinical and clinical compounds in these disease settings.

"This new strategic direction will provide more opportunities to build on the success of our AKP-020 program, a Type 2 diabetes drug candidate," said Carl LeBel, Ph.D., president and chief executive officer of Akesis. "Importantly, it leverages our background and core expertise in diabetes, obesity, osteoporosis, muscle wasting and other metabolic disorders....


Source: Health Business Week (2008-11-28)

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