BioSenic to host Annual General Meeting on July 12, 2024
12 June 2024 - 3:00PM
BioSenic to host Annual General Meeting on July 12, 2024
PRESS RELEASE – REGULATED INFORMATION
Preliminary documents for the Annual
General Meeting have been made available on company’s
website
Mont-Saint-Guibert, Belgium, June 12th,
2024 7.00am CET – BioSenic
(Euronext Brussels and Paris: BIOS), the clinical
stage company specializing in serious autoimmune and inflammatory
diseases and cell repair, invites its shareholders and the holders
of registered subscription rights and registered convertible bonds
of the Company to the annual general meeting to be held on 12 July
2024 as from 11:00 am CET, at Osborne Clarke offices, Bastion
Tower, Place du Champ de Mars 5, 1050 Brussels, Belgium.
The notice for the annual general meeting,
including the agenda of the day as well as the text of the
resolution proposals, is published today in the Belgian Official
Gazette and La Libre Belgique.
The documents and preliminary information
concerning these meetings have been made available to the
shareholders, the holders of registered warrants and registered
convertible bonds, directors and the statutory auditor and can be
consulted on BioSenics’ website, under the section Investors /
Annual General Meeting, in compliance with the applicable law and
regulations.It is also possible to receive the documents without
charge upon simple request by email to generalassembly@biosenic.com
or by telephone on +32 (0)493 09 73 66. The documents are also
available at the Company’s headquarters, Rue Granbonpré 11,
Building H, 1435 Mont-St-Guibert, Belgium.
About BioSenic
BioSenic is a leading biotech company
specializing in the development of clinical assets issued from its
Medsenic’s arsenic trioxide (ATO) platform. Key target indications
for the autoimmune platform include graft-versus-host-disease
(GvHD), systemic lupus erythematosus (SLE), and now systemic
sclerosis (SSc).Following the merger in October 2022, BioSenic
combined the strategic positionings and strengths of Medsenic and
Bone Therapeutics. The merger specifically enables
Medsenic/Biosenic to develop an entirely new arsenal of various
anti-inflammatory and anti-autoimmune formulations using the
immunomodulatory properties of ATO/oral ATO (OATO).
BioSenic is based in the Louvain-la-Neuve
Science Park in Mont-Saint-Guibert, Belgium. Further information is
available at http://www.biosenic.com.
About the main Medsenic/BioSenic
technology platform
The ATO platform provides
derived active products with immunomodulatory properties and
fundamental effects on the activated cells of the immune system.
One direct application is its use in onco-immunology to treat GvHD
(Graft-versus-Host Disease) in its chronic, established stage.
cGvHD is one of the most common and clinically significant
complications affecting long-term survival of allogeneic
hematopoietic stem cell transplantation (allo-HSCT).
Medsenic has been successful in a phase 2 trial
with its intravenous formulation, Arscimed®, which
has orphan drug designation status by FDA and EMA. The company is
heading towards an international phase 3 confirmatory study, with
its new, IP-protected, OATO formulation. Another selected target is
moderate-to-severe forms of systemic lupus erythematosus (SLE),
using the same oral formulation. ATO has shown good safety and
significant clinical efficacy on several affected organs (skin,
mucosae, and the gastrointestinal tract). Systemic sclerosis is now
full part of the clinical pipeline of Medsenic/BioSenic. This
serious chronic disease badly affects skin, lungs, or
vascularization, and has no current effective treatment.
Preclinical studies on pertinent animal models are positive, giving
good grounds to launch a phase 2 clinical protocol, using new
immunomodulatory formulations of APIs recognized to be active on
the immune system.
The company is currently focusing its present
R&D and clinical activities on a selective, accelerated
development of its autoimmune platform.
Note: The allogeneic cell therapy
platform-originating from the previous listed company Bone
Therapeutics company, may be of renewed interest by using isolated
and purified differentiated bone marrow Mesenchymal Stromal Cells
(MSCs) as a starting material for further isolation of passive or
active biological subcellular elements. Indeed, these cells may
provide new subcellular vesicles potentially able to deliver a
unique and proprietary approach to organ repair. BioSenic is now
involved in determining new patentable approaches in this complex
area of cell therapy.
For further information, please
contact:
BioSenic SAFrançois Rieger, PhD,
CEOTel: +33 (0)671 73 31 59investorrelations@biosenic.com
Certain statements, beliefs and opinions in this
press release are forward-looking, which reflect the company or, as
appropriate, the company directors’ current expectations and
projections about future events. By their nature, forward-looking
statements involve a number of risks, uncertainties and assumptions
that could cause actual results or events to differ materially from
those expressed or implied by the forward-looking statements. These
risks, uncertainties and assumptions could adversely affect the
outcome and financial effects of the plans and events described
herein. A multitude of factors including, but not limited to,
changes in demand, competition and technology, can cause actual
events, performance or results to differ significantly from any
anticipated development. Forward looking statements contained in
this press release regarding past trends or activities should not
be taken as a representation that such trends or activities will
continue in the future. As a result, the company expressly
disclaims any obligation or undertaking to release any update or
revisions to any forward-looking statements in this press release
as a result of any change in expectations or any change in events,
conditions, assumptions or circumstances on which these
forward-looking statements are based. Neither the company nor its
advisers or representatives nor any of its subsidiary undertakings
or any such person’s officers or employees guarantees that the
assumptions underlying such forward-looking statements are free
from errors nor does either accept any responsibility for the
future accuracy of the forward-looking statements contained in this
press release or the actual occurrence of the forecasted
developments. You should not place undue reliance on
forward-looking statements, which speak only as of the date of this
press release.
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