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Ocular Pharma Company Charlesson Announces $2.35MM in New Funding
Date:10/17/2007

affects patients of age 50 years and older. Current prevalence rates in the US estimate that over 9 million citizens are afflicted with this disorder; however, as a consequence of the rapidly growing aging population, it is predicted that prevalence rates will increase 50% by 2020. "Charlesson's drug development portfolio represents a second generation in AMD-therapeutics", said Mr. Moradi. "Current therapies for AMD solely inhibit the abnormal formation of blood vessels in the eye. Recent evidence suggests that inflammation is also a key pathogenic feature of AMD. Charlesson's approach is to develop therapies that inhibit both neovascularization and inflammation to produce a stronger therapeutic benefit."

About Charlesson.

Charlesson LLC is actively engaged in the development of therapeutics for treating numerous ocular diseases. The company's product pipeline includes pharmaceutical treatments for Age-Related Macular Degeneration, Retinitis Pigmentosa, Leber's Congenital Amaurosis, and diabetic complications, such as diabetic retinopathy and diabetic macular edema. Charlesson is also developing novel strategies to enhance drug delivery to the eye. In addition, the company offers outsourced preclinical services for the pharmaceutical industry, to screen drug candidates in the Charlesson's novel animal and cell models for ocular disease. The company was founded in 2003 and is self-funded. For information about Charlesson, see http://www.charlessonllc.com or contact:

Mike Moradi, CEO

Charlesson, LLC

Genzyme Bldg, Suite 360

800 Research Parkway

Oklahoma City, OK 73104

(405) 271-2552 Tel.

(405) 271-2554 Fax

mmoradi@charlessonllc.com

CAUTIONARY STATEMENT FOR THE PURPOSES OF THE "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This press release contains forward-look
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