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Aptorum Group Limited (Nasdaq: APM) is a leading clinical-stage biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapeutic assets targeting diseases with unmet medical needs. Headquartered in London, UK, Aptorum focuses primarily on oncology, particularly orphan indications and infectious diseases.
The company operates through two main segments: Therapeutics and Non-Therapeutics. In the Therapeutics segment, Aptorum is advancing its clinical pipeline with projects such as ALS-4 for Methicillin-Resistant Staphylococcus Aureus (MRSA), SACT-1 for neuroblastoma, and the RPIDD rapid pathogen identification and detection diagnostics technology. These initiatives are backed by a robust drug discovery platform that utilizes systematic screening of existing approved drug molecules and microbiome research for metabolic disease treatments.
Recent milestones include the submission of the Phase 1b/2a clinical trial protocol for SACT-1 to the US FDA for treating neuroblastoma, a solid tumor predominantly affecting pediatric patients. The trial aims to determine the recommended phase 2 dose based on safety and efficacy, representing a significant step forward in addressing this aggressive cancer.
In the Non-Therapeutics segment, Aptorum is also engaged in projects focused on surgical robotics and developing natural supplements for menopausal women. The company's diverse pipeline includes innovations in neurology, gastroenterology, metabolic disorders, and women's health, reflecting its commitment to addressing various complex health challenges.
Financially, Aptorum remains vigilant in controlling costs while continuing to advance its key programs. The company reported a net loss of $6.6 million for the first half of 2023, attributed to stringent budgetary controls and focused development on lead projects. Cash and restricted cash stood at approximately $0.5 million as of June 30, 2023.
On the corporate front, Aptorum recently received approval to transfer the listing of its Class A ordinary shares from the Nasdaq Global Market to the Nasdaq Capital Market, addressing previous listing deficiencies. The company's strategic focus on progressing its clinical programs underscores its potential for delivering significant advancements in biopharmaceutical innovation.
For more information, visit Aptorum Group's official website.
Aptorum Group Limited (NASDAQ: APM) has launched NativusWell®, a dietary supplement aimed at supporting women’s health during menopause. The global menopause market, valued at USD 15.4 billion in 2021, is projected to grow at a CAGR of 5.29% from 2022 to 2030. NativusWell® features a non-hormonal ingredient, DOI, recognized for its anti-aging and antioxidant properties. It is currently available on HKTV Mall and online, with plans for global distribution in the US, EU, UK, and China. The company aims to leverage its ecommerce growth to reach a wider audience.
Aptorum Group Limited (NASDAQ: APM) announced significant advancements in its RPIDD technology, which offers rapid pathogen identification. The retrospective and prospective clinical validations involved over 100 patient samples, achieving a 100% agreement with positive clinical data on pathogen identification. The ongoing study aims to expand clinical validation efforts across various countries, including establishing a clinical laboratory in California. The RPIDD technology is designed to enhance pathogen detection in patient blood samples, showcasing substantial analytical sensitivity and specificity.
Aptorum Group Limited (Nasdaq: APM, Euronext Paris: APM) is a clinical stage biopharmaceutical company dedicated to addressing unmet medical needs in oncology, autoimmune diseases, and infectious diseases. CEO Darren Lui will present at the H.C. Wainwright Global Investment Conference in New York from September 13-16, 2022. The company will also hold one-on-one meetings with institutional investors, emphasizing its ongoing clinical trials and drug development initiatives. For registration, visit H.C. Wainwright.
Aptorum Group Limited (Nasdaq: APM, Euronext Paris: APM) will be featured in an exclusive interview on The RedChip Money Report airing on Bloomberg TV on August 20, 2022, at 7 p.m. ET. The interview, conducted by CEO Darren Lui, will cover the company’s novel therapeutics, diagnostic products, and U.S. patent grants. Targeting unmet medical needs in oncology, autoimmune, and infectious diseases, Aptorum is advancing its therapeutic assets and diagnostic technologies, enhancing its presence in the biopharmaceutical sector.
Aptorum Group Limited (Nasdaq: APM, Euronext Paris: APM), a clinical stage biopharmaceutical firm, announced that President Darren Lui will present virtually at the H.C. Wainwright Global Investment Conference from May 23-26, 2022. The company focuses on developing therapies for unmet medical needs in oncology and infectious diseases. Additionally, Aptorum will conduct online one-on-one meetings with institutional investors during the event. For more details, visit www.aptorumgroup.com.
Aptorum Group Limited (Nasdaq: APM) announced encouraging results from its finalized Phase 1 clinical trial of SACT-1, targeting Neuroblastoma. The trial, conducted with healthy volunteers, demonstrated good safety and tolerability at a 150mg dosage, with no serious adverse events reported. Key bioavailability metrics showed significant improvements under fed conditions, with AUC ratios over 189%. Aptorum plans to meet with the US FDA for a Phase 1b/2a trial application, aiming to initiate testing in pediatric neuroblastoma patients.
Aptorum Group Limited (Nasdaq: APM) reported significant changes in fiscal year results, with a net loss of $27.1 million in 2021 compared to a net income of $4.9 million in 2020, mainly due to a loss on securities investments. The company is progressing in clinical trials for its lead projects, including ALS-4 and SACT-1, with plans to submit an IND application and initiate a Phase 1b/2a study. Additionally, Aptorum aims to commercialize its NativusWell® health supplement in Asia and Europe, pending registration completion.
Aptorum Group Limited (Nasdaq: APM) has received a patent from the US Patent and Trademark Office for its Rapid Pathogen Infectious Disease Liquid Biopsy Diagnostics (RPIDD) technology, which offers a unique approach to DNA library preparation. This method significantly enhances the speed and simplicity of diagnostics for infectious diseases. Aptorum has an exclusive licensing agreement with Singapore's A*STAR institution for this technology. The company aims to expedite the clinical validation and pre-commercialization of RPIDD, which could transform clinical diagnostics and improve patient outcomes.
Aptorum Group (Nasdaq: APM) announced an interview with President Darren Lui on The RedChip Money Report® airing on Bloomberg TV on April 23 at 7 p.m. ET. The company is focused on developing drugs for oncology and infectious diseases and is advancing its drug discovery platforms. This includes co-developing rapid pathogen identification technology. The interview will reach approximately 73 million homes in the U.S., highlighting the company's efforts and developments in the biopharmaceutical sector.
Aptorum Group (Nasdaq: APM) announced that its drug candidate SACT-1 has received Orphan Drug Designation from the FDA for treating neuroblastoma. This designation supports Aptorum's plan to file an Investigational New Drug Application (IND) for a Phase 1b/2a clinical trial in 2022. Neuroblastoma, a serious pediatric cancer, has a 5-year survival rate of 40-50% for high-risk patients. The SACT-1 compound aims to enhance tumor cell death and can be used alongside standard chemotherapy, moving forward Aptorum's commitment to addressing unmet medical needs in oncology.
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