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K94 Discoveries, Inc. Announces Seed Financing To Advance Targeted Drug Conjugates To Treat Pancreatic And Other Cancers
Date:9/24/2013

l, who think 'outside the box' in devising new ways to combat cancer," commented Mr. Barrett.  "Early data suggest that combining his pioneering work in hormone receptor-targeting therapies with novel anticancer agents could be a promising approach, and we welcome the opportunity to help advance this technology to the next stage."

Pennington's William Hansel Cancer Prevention research unit was established in 2005 to honor Dr. Hansel's contributions to the field.  Cancer researchers at LSU's Feist Weiller Cancer Center in Shreveport are also conducting research for K94 Discoveries.

Dr. Hansel noted, "The name K94 is in honor of the men of Company K of the 94th Division in General Patton's Third Army, which I commanded in World War II.  Their willingness to take on big challenges and confront daunting risks inspire me to persevere in the fight against cancer.  I have long been intrigued by the anticancer potential of certain naturally-occurring compounds such as curcumin, and look forward to assessing its cancer-fighting potential in combination with the powerful hormone receptor-targeting technology we discovered here at LSU."

Toxicology testing on the company's lead compounds is expected to commence soon, with human clinical trials targeted for 2015.

About K94 Discoveries, Inc.
K94 Discoveries is a biotechnology company developing novel targeted anticancer drugs based on discoveries by scientists at LSU's Pennington Biomedical Research Center and research at the Feist Weiller Cancer Center. The company's initial product is a drug conjugate that combines the naturally-occurring anticancer substance curcumin with luteinizing hormone-releasing hormone (LHRH) that targets the hormone receptors present in large numbers on the surface of cancer cells.

About BVM Capital LLC
BVM Capital LLC is a Southeast-based venture capital firm that provides equity capital to early and expa
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SOURCE K94 Discoveries, Inc.
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