NurExone Biologic Invited to Present Groundbreaking ExoPTEN Therapy at Prestigious September Conferences
24 August 2024 - 6:03AM
NurExone Biologic Inc. (TSXV: NRX), (OTCQB: NRXBF), (Germany: J90)
(the “
Company” or “
NurExone”) is
pleased to announce that its Chief Executive Officer, Dr. Lior
Shaltiel, has been invited to speak at the upcoming Bioprocess
International Conference being held from September 23 – 26 in
Boston, MA. NurExone’s participation in this event highlights the
Company’s leadership role in the field of exosomes for clinical
applications and regenerative medicine. Dr. Shaltiel will showcase
the Company's promising ExoPTEN nanodrug, a potential treatment for
acute spinal cord injuries and other central nervous system
indications, such as glaucoma care.
Dr. Shaltiel’s presentation will focus on “A
Comparative Analysis of AbbVie and NurExone's approaches to
Effective Spinal Cord Injury Treatment”. This conference is a
significant global event in bioprocessing and manufacturing, and an
opportunity to engage with collaboration partners, industry
leaders, researchers, and innovators.
In addition, Dr. Shaltiel has also been invited
as a panelist to the Pioneering Israel Medicine Conference being
held on September 22 in New York, NY. During this event, he will
share insights into NurExone's groundbreaking work in the exosomes
for regenerative medicine. This prestigious event, which highlights
the latest medical innovations emerging from Israel, will feature
Nobel Prize Laureate Professor Aaron Ciechanover as a keynote
speaker.
Dr. Shaltiel’s participation in both prestigious
conferences highlights NurExone’s growing influence in the field of
regenerative medicine and exosome technologies.
About NurExone
NurExone Biologic Inc. is a TSX Venture Exchange
(“TSXV”) and OTCQB listed pharmaceutical company
that is developing a platform for biologically-guided exosome-based
therapies to be delivered, non-invasively, to patients who have
suffered Central Nervous System injuries. The Company’s first
product, ExoPTEN for acute spinal cord injury, was proven to
recover motor function in 75% of laboratory rats when administered
intranasally. ExoPTEN has been granted Orphan Drug Designation by
the FDA. The NurExone platform technology is expected to offer
novel solutions to drug companies interested in noninvasive
targeted drug delivery for other indications.
For additional information, please visit
www.nurexone.com or follow NurExone on LinkedIn, Twitter, Facebook,
or YouTube.
For more information, please contact:
Dr. Lior ShaltielChief Executive Officer and DirectorPhone:
+972-52-4803034Email: info@nurexone.com
Thesis Capital Inc.Investor Relations - CanadaPhone: +1
905-347-5569Email: IR@nurexone.com
Dr. Eva ReuterInvestor Relations - GermanyPhone:
+49-69-1532-5857Email: e.reuter@dr-reuter.eu
Allele Capital PartnersInvestor Relations - USPhone: +1
978-857-5075Email: aeriksen@allelecapital.com
FORWARD-LOOKING STATEMENTS
This press release contains certain
“forward-looking statements” that reflect the Company’s current
expectations and projections about its future results. Wherever
possible, words such as “may”, “will”, “should”, “could”, “expect”,
“plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or
“potential” or the negative or other variations of these words, or
similar words or phrases, have been used to identify these
forward-looking statements. Forward-looking statements in this
press release include, but are not limited to, statements relating
to the Company presenting at the upcoming conferences and the focus
of the presentations; the presenters at the conferences; the
Company’s ExoPTEN nanodrug being a potential treatment for acute
spinal cord injuries and other central nerve system indications;
the Company engaging with collaboration partners, industry leaders,
researchers and innovators; and the NurExone platform technology
offering novel solutions to drug companies interested in
noninvasive targeted drug delivery for other indications.
These statements reflect management’s current
beliefs and are based on information currently available to
management as at the date hereof. In developing the forward-looking
statements in this press release, we have applied several material
assumptions, including the general business and economic conditions
of the industries and countries in which we operate; the general
market conditions; the ability to secure additional funding;
partnerships having their intended impact on the Company and its
business; patents safeguarding NurExone’s technology; the Company’s
drug products having its intended benefits and effects; the Company
making progress through new partnerships and technologies to move
towards commercialization of their products; the Company’s
intellectual property and technology being novel and inventive; the
intellectual property having the intended impact on the Company and
its business; exosomes becoming an ideal and natural choice for
drug delivery; the Company making advancements in the manufacturing
process of exosomes; exosomes holding immense promise for
regenerative medicine; the Company’s production methods continuing
to be reliable; the Company will have flexibility in optimizing its
exosome production method; exosomes will serve as an excellent,
targeted system for drug delivery; the Company will pave the way to
regenerative medicine treatments for a variety of clinical
indications by the Company and with future collaboration partners;
the Company will present at the upcoming conferences and focus the
presentations on the subject matter indicated herein; the Company’s
ExoPTEN nanodrug being a potential treatment for acute spinal cord
injuries and other central nerve system indications; the Company
will engage with collaboration partners, industry leaders,
researchers and innovators; and the NurExone platform technology
offering novel solutions to drug companies.
Forward-looking statements involve significant
risk, uncertainties and assumptions. Many factors could cause
actual results, performance or achievements to differ materially
from the results discussed or implied in the forward-looking
statements. These risks and uncertainties include, but are not
limited to risks related to the Company’s early stage of
development; lack of revenues to date; government regulation;
market acceptance for its products; rapid technological change;
dependence on key personnel; protection of the Company’s
intellectual property; dependence on the Company’s strategic
partners; the fact that preclinical drug development is uncertain,
and the drug product candidates of the Company may never advance to
clinical trials; the fact that results of preclinical studies and
early-stage clinical trials may not be predictive of the results of
later stage clinical trials; the uncertain outcome, cost, and
timing of product development activities, preclinical studies and
clinical trials of the Company; the uncertain clinical development
process, including the risk that clinical trials may not have an
effective design or generate positive results; the potential
inability to obtain or maintain regulatory approval of the drug
product candidates of the Company; the introduction of competing
drugs that are safer, more effective or less expensive than, or
otherwise superior to, the drug product candidates of the Company;
the initiation, conduct, and completion of preclinical studies and
clinical trials may be delayed, adversely affected or impacted by
unforeseen issues; the potential inability to obtain adequate
financing; the potential inability to obtain or maintain
intellectual property protection for the drug product candidates of
the Company; the NurExone platform technology being unable to offer
novel solutions to drug companies; risks that the Company’s
intellectual property and technology won’t have the intended impact
on the Company and/or its business; the Company’s inability to
realize upon partnerships; risk that the exosomes will not become
an ideal and/or natural choice for drug delivery; risk that the
company will be unable to make advancements in the manufacturing
process of exosomes; risk that exosomes will not be a viable option
in regenerative medicine; risk that the Company’s production
methods will become unreliable; risk that the Company will not have
flexibility in optimizing its exosome production method; risk that
exosomes will not serve as a targeted system for drug delivery;
risk that the Company will be unable to pave the way to
regenerative medicine treatments for a variety of clinical
indications by the Company and/or with future collaboration
partners; risk that the Company will be unable to present at the
upcoming conferences and/or the subject matter of the presentations
will change; risk that the Company’s ExoPTEN nanodrug will not work
as a potential treatment for acute spinal cord injuries and/or
other central nerve system indications; risk that the Company will
be unable to engage with collaboration partners, industry leaders,
researchers and/or innovators at the conferences or at all; risk
that the NurExone platform technology will be unable to offer novel
solutions to drug companies interested in noninvasive targeted drug
delivery for other indications; and the risks discussed under the
heading “Risk Factors” on pages 29 to 36 of the Company’s Annual
Information Form dated March 30, 2023, a copy of which is available
under the Company’s SEDAR+ profile at www.sedarplus.ca. These
factors should be considered carefully, and readers should not
place undue reliance on the forward-looking statements. Although
the forward-looking statements contained in this press release are
based upon what management believes to be reasonable assumptions,
the Company cannot assure readers that actual results will be
consistent with these forward-looking statements. These
forward-looking statements are made as of the date of this press
release, and the Company assumes no obligation to update or revise
them to reflect new events or circumstances, except as required by
law.
Neither TSXV nor its Regulation Services
Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this
release.
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