The complaint
seeks damages along with a request for specific performance
requiring Advanced Magnetics to take
all reasonable steps to secure FDA
approval of Combidex in compliance with the terms of the licensing
agreement. All
statements, other than statements of historical facts, included in this press
release
regarding our strategy, future operations, financial position, future
revenues, projected costs,
prospects, plans and objectives of management are
forward-looking statements.
All lanthanides are
metals.
am1 neodymium
Rare Element Resources and Newmont North America Exploration Limited, a
subsidiary
of Newmont Mining Corporation, have agreed to terms that will
establish a gold-exploration venture
on the Company's Bear Lodge property.elements input
US
Geological Survey Professional Paper 1049D states that Wyoming
's Bear Lodge
Mountains host North America's largest disseminated REE occurrence.com or contact
William
H Bird, (604) 687-3520
William H.
This news release was prepared by Company management
, who take full
responsibility for content. Such forward-looking statements involve a number
of
risks and uncertainties and investors are cautioned not to put any undue
reliance on any forward
-looking statement.lanthanide luminescent
30)
and 26 January 2006 (950,000, exercise price $0.
Forward-looking statements
in this release are made pursuant to the "safe
harbor" provisions of the Private Securities Litigation
Reform Act of 1995.
Combidex is an investigational functional molecular imaging agent consisting
of iron oxide nanoparticles for use in conjunction with magnetic resonance
imaging, or MRI, to
aid in the differentiation of cancerous from non-cancerous
lymph nodes.
Cytogen's marketed products
include QUADRAMET(R) (samarium Sm-153 lexidronam
injection) and PROSTASCINT(R) (capromab pendetide
) kit for the preparation of
Indium In-111 capromab pendetide in the United States.The Lanthanides
are the 14 rare earth chemical elements which lie between lanthanum and ytterbium on the periodic table
.
samarium oxidation
lie ytterbium
REE's, which have been called the "catalysts for high-tech living,"
are required for many
new technologies, including nickel-metal-hydride
batteries and the motors, generators and batteries
used in hybrid cars. The US
market for REE's exceeds US$1 billion, with most supplied by China. The
parties will now work together to complete a definitive agreement, which will
reflect the agreed
-upon terms., Cytogen Corporation
(Nasdaq: CYTO) announced today that it has filed a lawsuit against
Advanced
Magnetics, Inc. The forward-looking
statements contained herein are made only as of the
date of this press
release, and Cytogen undertakes no obligation to publicly update such forward
-
looking statements to reflect subsequent events or circumstances.
input prediction
Technical information in this
news release has been prepared in accordance with Canadian regulatory
requirements set out in
National Instrument 43-101 and reviewed by Dr Bird.
ABOUT CYTOGEN CORPORATION
Founded
in 1980, Cytogen Corporation of Princeton, NJ is a
biopharmaceutical company that acquires, develops
and commercializes
innovative molecules targeting the sites and stages of cancer progression.lie elements
Cytogen
's development pipeline consists of therapeutics targeting prostate-
specific membrane antigen (PSMA
), a protein highly expressed on the surface of
prostate cancer cells and the neovasculature of solid
tumors.luminescent spectroscopic
J.samarium oxidation
Forward-looking statements involve known and unknown risks and uncertainties
that may
cause the Company's actual future-period results to differ materially
from forecasts.
This press release contains certain "forward-looking" statements within
the meaning of the Private
Securities Litigation Reform Act of 1995 and
Section 21E of the Securities Exchange Act of 1934,
as amended. There are a number of important
factors that could cause Cytogen's results to differ
materially from those
indicated by such forward-looking statements.input cerium
The Newmont gold-exploration
venture
provides Rare Element Resources with further options to build a strong company
and to
advance its programs to evaluate both the gold and REE's of the Bear
Lodge property.input terbium
The present
terms and the resulting definitive
agreement are subject to approval by the TSX Venture Exchange
and all other
appropriate regulatory agencies. Cytogen also has
exclusive United States marketing
rights to Combidex(R) (ferumoxtran-10) for
all applications, and the exclusive right to market and
sell ferumoxytol
(previously Code 7228) for oncology applications in the United States.samarium europium
Under
the term sheet, Newmont would have the right to earn a 65% working
interest in Rare Element Resources
' Bear Lodge property, excluding any rights
to the rare-earth elements and uranium but including rights
to gold and other
metals by performing US$5 million in property work expenditures over a five-
year
period. Bird, PhD, PGeo, serves the Board of Directors of the Company
as an internal, technically
Qualified Person.com, which is not part of this press release.europium lanthanides
rareelementresources.Cytogen Files Breach
of Contract Lawsuit Against Advanced Magnetics Inc.
Full prescribing
information for the Company
's products is available at http://www.elements chemistry
35). PRINCETON, N. However, Cytogen
intends to protect its
rights whether through litigation or negotiation.spectroscopic chemistry
The
lawsuit, filed today in Massachusetts Superior
Court, is in connection with
the license agreement established between Cytogen and Advanced Magnetics
in
2000, as amended, for both Combidex(R) and ferumoxytol, previously Code 7228.com
or by calling
800-833-3533.thulium semiempirical
mopac semiempirical
Rare Element Resources Receives $793 000 from Exercised Warrants
cytogen.lie elements
As a result
, the Company
has 18,063,425 common shares issued and outstanding (20,971,025 common shares
fully
diluted).
Rare Element Resources Ltd (TSX-V:RES) is a publicly traded mineral-
resource
company focused on gold, strategic metals and rare-earth elements
(REE's). Newmont would also have
the right to earn an additional
15% working interest by completing a positive project feasibility
study.
ON BEHALF OF THE BOARD
William H Bird, PhD, PGeo, President + CEO
Further information at http://www. In particular, Cytogen's
business is subject to a number of
significant risks, which include, but are
not limited to: the risk of successfully pursuing the Advanced
Magnetics
litigation; the risk of obtaining additional capital; the risk of obtaining
the necessary
regulatory approvals; the risk of whether products result from
development activities; the risk of
shifts in the regulatory environment
affecting sales of Cytogen's products such as third-party payor
reimbursement
issues; the risk associated with Cytogen's dependence on its partners for
development
of certain projects, as well as other factors expressed from time
to time in Cytogen's periodic filings
with the Securities and Exchange
Commission (the "SEC").lanthanides periodic
Cytogen stated that it remains interested
in discussing with Advanced
Magnetics an amicable resolution of Cytogen's complaints.prediction lanthanides
Previous gold
exploration has identified
numerous geochemical gold anomalies and occurrences in intrusive breccia
bodies. As a result, this press release should be read in
conjunction with Cytogen's periodic
filings with the SEC.prediction sparkle
(Amex: AVM) for breach of contract, fraud, unjust enrichment,
and breach of
the implied covenant of good faith and fair dealing.cytogen.lie samarium
27 - Rare Element Resources Ltd
announces
that the Company received $793,000 from the exercise of all warrants
that were due to expire on 19
January 2006 (1,535,000, exercise price $0. Rare
Element Resources' Bear Lodge property covers the
more significant of these
mineralized areas and it is the Company's goal to become an important North
American source of REE's.lanthanum samarium
The funds will be used for property acquisitions, for general
and administrative
costs and to advance the Bear Lodge rare-earth exploration
program. The Bear Lodge property exposes
the upper levels of a mineralized
alkaline-igneous intrusive complex. The TSX Venture Exchange has
not reviewed and does
not accept responsibility for the adequacy or accuracy of this release.lanthanide input
Trading Symbol: TSX-V: RES
VANCOUVER, Jan. For more information, please visit the Company
's
website at http://www.
cerium luminescent
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