Vir Biotechnology to Host Virtual Investor Event on PRO-XTEN™ Masked T-Cell Engager Programs
27 November 2024 - 1:30AM
Business Wire
Vir Biotechnology, Inc. (NASDAQ:VIR) today announced it will
host a virtual investor event to discuss initial data from the
dual-masked Phase 1 T-cell engagers VIR-5818 targeting a variety of
HER2-expressing solid tumors and VIR-5500 targeting PSMA in
metastatic castration-resistant prostate cancer (mCRPC) along with
updates on the PRO-XTEN™ platform on January 8, 2025, at 5:00 a.m.
PT / 8:00 a.m. ET.
A live webcast will be available on https://investors.vir.bio/
and will be archived on www.vir.bio for 30 days.
About Vir Biotechnology, Inc.
Vir Biotechnology, Inc. is a clinical-stage biopharmaceutical
company focused on powering the immune system to transform lives by
discovering and developing medicines for serious infectious
diseases and cancer. Its clinical-stage portfolio includes
infectious disease programs for chronic hepatitis delta and chronic
hepatitis B infections and programs across several clinically
validated targets in solid tumor indications. Vir Biotechnology
also has a preclinical portfolio of programs across a range of
other infectious diseases and oncologic malignancies. Vir
Biotechnology routinely posts information that may be important to
investors on its website.
Vir Biotechnology has exclusive rights to the PRO-XTEN™ masking
platform for oncology and infectious disease. PRO-XTEN™ is a
trademark of Amunix Pharmaceuticals, Inc., a Sanofi company.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Words such as “should,” “could,” “may,” “might,” “will,”
“plan,” “potential,” “aim,” “expect,” “anticipate,” “promising” and
similar expressions (as well as other words or expressions
referencing future events, conditions or circumstances) are
intended to identify forward-looking statements. These
forward-looking statements are based on Vir’s expectations and
assumptions as of the date of this press release. Forward-looking
statements contained in this press release include, but are not
limited to, statements regarding Vir’s strategy and plans; Vir’s
ability to realize the anticipated benefits from the exclusive
worldwide license agreement with Sanofi; difficulties or
unanticipated expenses in connection with the agreement, and the
potential effects on Vir’s earnings; the risk that Vir’s investment
in connection with the agreement will lose value for any number of
reasons; the ability of the parties to initiate, progress or
complete clinical studies within currently anticipated timelines or
at all, and the possibility of unfavorable results from studies,
including those involving VIR-5818 and VIR-5500, and any additional
programs that may become subject to the agreement; the potential
clinical effects, potential benefits, safety and efficacy of the
investigational products that are the subject of these programs;
data from ongoing studies evaluating such investigational products
and programs; Vir’s ability to file applications for regulatory
approval or receive regulatory approvals in a timely manner or at
all for such investigational products and programs, and the risk
that any such approvals may be subject to significant limitations
on use; the possibility that the agreement may be terminated for
any number of reasons, or that development of the investigational
products and programs subject to the agreement may be discontinued,
and therefore may never be successfully commercialized; Vir’s
ability to successfully commercialize any approved drug products
resulting from the agreement; and any assumptions underlying any of
the foregoing. Many factors may cause differences between current
expectations and actual results, including unexpected safety or
efficacy data or results observed during clinical studies or in
data readouts; the occurrence of adverse safety events; risks of
unexpected costs, delays or other unexpected hurdles; difficulties
in collaborating with other companies; successful development
and/or commercialization of alternative product candidates by Vir’s
competitors; changes in expected or existing competition; delays in
or disruptions to Vir’s business or clinical studies due to
geopolitical changes or other external factors; failure to achieve
any necessary regulatory approvals; and unexpected litigation or
other disputes. Drug development and commercialization involve a
high degree of risk, and only a small number of research and
development programs result in commercialization of a product.
Results in early-stage clinical studies may not be indicative of
full results or results from later stage or larger scale clinical
studies and do not ensure regulatory approval. You should not place
undue reliance on these statements, or the scientific data
presented. Other factors that may cause actual results to differ
from those expressed or implied in the forward-looking statements
in this press release are discussed in Vir’s filings with the U.S.
Securities and Exchange Commission, including the section titled
“Risk Factors” contained therein. Except as required by law, Vir
assumes no obligation to update any forward-looking statements
contained herein to reflect any change in expectations, even as new
information becomes available.
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version on businesswire.com: https://www.businesswire.com/news/home/20241126243740/en/
Media Arran Attridge Senior Vice President, Corporate
Communications aattridge@vir.bio
Investors Richard Lepke Senior Director, Investor
Relations rlepke@vir.bio
Vir Biotechnology (NASDAQ:VIR)
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