| Technology Page Atiprimod for
			    multiple myeloma and cancer: The primary
			  focus of Callisto Pharmaceuticals is the clinical development of
			    Atiprimod for multiple myeloma, bone resorption disorders and
			    solid tumors. Atiprimod
			  has completed Phase I safety studies in rheumatoid arthritis
            patients and an IND was submitted in September 2003 to enter proof-of-principle
			    studies in multiple myeloma patients. Recent results from Callisto's
			    laboratories and from the National
			  Cancer Institute have demonstrated the anti-cancer and anti-angiogenic
			    properties of Atiprimod. The unique combination of these properties
			    makes Atiprimod
			  an ideal drug candidate for treatment of other cancers. Further
			    preclinical experiments in animal models are being conducted
			    in collaboration with
            the National
			  Cancer Institute to extend applications of Atiprimod to other cancers.
 GCRA for colon cancer: Callisto also has a novel peptide therapeutic
              (GCRA agonist) that has been shown in animal models to prevent
              the development of polyps and has potential to treat colon cancer. Recent
              results suggest therapeutic applications of GCRA technology to the
            prevention and treatment of colorectal metastasis.
 Bioterrorism:
            Callisto's licensed technology from Rockefeller University is
            directed towards the development of a novel peptide and a monoclonal antibody
			  as broad-spectrum drugs to treat bio-terrorist threats from
            weaponized bacterial agents.  OCD for diagnostics: Callisto is presently seeking
            to out-license a diagnostic technology developed in collaboration
            with the Rockefeller University
			  for the diagnosis of obsessive-compulsive disorder (OCD). Small clinical
			  trial results have been published, proving the concept of using such a diagnostic
            test for confirming OCD diagnosis.
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