WEST DES MOINES, IA--(NewMediaWire - Jan 28, 2016) -
Spotlight Innovation Inc. (OTCQB: STLT)
has retained noted French oncologist David Khayat, MD, PhD, FASCO,
as the Principal Investigator for a European Phase I dose
escalation safety study, Crotoxin in Patients with
Advanced Cancer using an Intravenous Route of Administration.
The clinical study will be conducted at Pitié-Salpêtrière Hospital
in Paris.
Crotoxin is one of a number of proprietary compounds, owned by
Spotlight Innovation, derived from snake venom. These compounds
possess specific anti-cancer and analgesic properties which apply
to a broad spectrum of treatments for solid cancerous tumors and
pain management. Of particular significance, these
compounds create minimal side effects.
Prof. Khayat heads the Department of Medical Oncology at
Pitié-Salpêtrière Hospital and is a Board Member of the American
Society of Clinical Oncology (ASCO). In 2003, Prof. Khayat was
appointed by then French President Jacques Chirac to lead the
formation and development of the French National Cancer Control
Plan. Prof. Khayat also served as President of the French National
Cancer Institute from 2004 to 2006. He was the first President of
the French Federation of Medical Oncologists, has received numerous
awards including the National Order of Merit and the ASCO
Distinguished Achievement Award, and is a co-founder of World
Cancer Day.
Paul Reid, PhD, Spotlight Innovation's Director of Product
Development, said, "We are delighted to have a clinician with Prof.
Khayat's credentials and experience directing our study. His
guidance, as a key opinion leader in the oncology space, is greatly
welcomed."
"It is an honor and a privilege to have Prof. Khayat as the
Principal Investigator for our clinical study," said Cris
Grunewald, President and Chief Executive Officer of Spotlight
Innovation. "We look forward to continuing the clinical advancement
of Crotoxin under his direction."
About Spotlight Innovation Inc.
Spotlight Innovation Inc. (OTCQB: STLT)
identifies and acquires rights to innovative and proprietary
platform technology candidates with a focus on cancer drugs and
related treatment therapies, solutions for infectious disease, and
other specialty and unique opportunities. Access to platform
technology candidates is accomplished via our extensive
relationships with many leading academic institutions and other
sources. We provide value-added development capability and funding
in order to accelerate development progress. When commercially
significant benchmarks have been achieved, we will partner with
proven market leaders via sale, out-license or strategic alliance.
For more information, visit www.spotlightinnovation.com or follow us
on www.twitter.com/spotlightinno.
Forward Looking Statements
Statements in this press release that are not purely historical
are forward-looking statements. Forward-looking statements herein
include statements regarding the Company's efforts to develop and
commercialize its various technologies. Actual outcomes and the
Company's actual results could differ materially from those in such
forward-looking statements. Factors that could cause actual results
to differ materially include risks and uncertainties such as the
inability to finance the planned development of the technologies,
the inability to hire appropriate staff to develop the
technologies, unforeseen technical difficulties in developing the
technologies, the inability to obtain regulatory approval for human
use, competitors' therapies proving to be more effective, cheaper
or otherwise more preferable, the inability to market a product,
all of which could, among other things, delay or prevent product
release, as well as other factors expressed from time to time in
Spotlight Innovation's periodic filings with the Securities and
Exchange Commission (the "SEC"). As a result, this press release
should be read in conjunction with Spotlight Innovation's periodic
filings with the SEC. The forward-looking statements contained
herein are made only as of the date of this press release and
Spotlight Innovation undertakes no obligation to publicly update
such forward-looking statements to reflect subsequent events or
circumstances.