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Mercury Therapeutics, Inc: Marquant Appointed to Advise on Strategic and Partnering Opportunities
Date:3/17/2008

s time, he successfully advised Life Sciences clients on transactions valued at US$ billions, as well as working on many successful M&A transactions in the Specialty Chemicals sector. Dean qualified as a Chartered Accountant in the UK with BDO Binder Hamlyn.

Dean Brown, Principal and Co-Founder of Marquant, said: "We are excited by MTI's unique AMPK program and the potential to address major therapeutic sectors with genuine unmet need in healthcare today. Neal and his team have done a great job in progressing the lead series in diabetes so quickly and I believe that the experience and industry connections that Marquant brings will enable us to spread the MTI story widely and attract high profile partners prepared to commit to financially attractive transactions."

Neal C. Birnberg, Ph.D., MTI's CEO, said: "We are pleased to have selected Marquant Partners as Mercury's agents to obtain the best deal value available for the Company and its program in Type-2 diabetes. Along with their extensive network of industry contacts, the principals at Marquant represent the type of professionals that we at Mercury believe will best represent our interests in the investment and business development communities."

About Mercury Therapeutics, Inc. (http://www.mtipharm.com)

MTI was launched in 2001, and has an exclusive license to a patent from Dartmouth College and St. Vincent's Institute for Biomedical Research in Melbourne, Australia for AMP activated protein kinase (AMPK). In June 2001, MTI launched its R&D operations following execution of a sub-license and collaboration agreement with Aventis to develop AMPK activators to treat Type-2 diabetes and obesity. In June 2004, Aventis was acquired by Sanofi, and the AMPK collaboration with MTI ended. In October, 2004: MTI secured external financing from XL TechGroup, Inc. In Q4 2005, MTI demonstrated its first preclinical proof-of-principle of active compou
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SOURCE Mercury Therapeutics Inc.
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