Press release, March 2016

On March 1, 2016 CDG Therapeutics Inc.,  a clinical stage biopharmaceutical company focused on discovering and developing novel cell-penetrating therapeutic peptides for cancers and allied diseases, released that the U.S. Food and Drug Administration (FDA) granted orphan drug designation for CDG28 (p28), the Company’s lead candidate after a successful Phase I trial in progressive or refractory pediatric brain tumors. CDG28 readily crosses the blood brain barrier, preferentially enters brain tumor cells and exerts efficacy with no significant, drug related, adverse effects. The FDA also designated CDG28 for the treatment of rare pediatric diseases; diffuse intrinsic pontine glioma (DIPG).