Sevion Therapeutics Announces New Ticker Symbol “SVON”

Bridgewater-based Sevion Therapeutics, a clinical stage company which discovers, develops and acquires next-generation biologics for the treatment of cancer and immunological diseases, announced today that, on October 3, 2014, the Company’s common stock ceased trading under the ticker symbol “SNTI” and commenced trading under the ticker symbol “SVON.”

The ticker symbol change is part of Sevion’s corporate rebranding, which included a name change that became effective September 29, 2014. The name and ticker symbol change do not affect the rights of the Company’s security holders.

“As we roll out our new corporate identity, Sevion is executing on a plan to efficiently develop a pipeline of both internal and partnered, first-in-class product candidates based on our cutting edge technologies,” said Ronald Martell, chief executive officer. “Among our near term catalysts, we expect to advance two promising antibodies toward the clinic, submit results from our Phase 1 SNS01-T trial for presentation at an upcoming scientific meeting, and secure additional drug development partnerships on our pipeline and technology platforms. Another key goal is the In-license of new product candidates and synergistic technologies that are consistent with our therapeutic or scientific areas of focus. We look forward to executing on these goals in the quarters ahead in order to deliver shareholder value over the long-term.”

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