STOCK TITAN

ORYZON to Give Updates on Corporate Progress in February and March

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Oryzon Genomics, a clinical-stage biopharmaceutical company focusing on epigenetics, has announced its participation in several high-profile conferences in February and March 2022. CEO Dr. Carlos Buesa and Global CBO Dr. Saikat Nandi will provide corporate updates at the BIO CEO & Investor Conference in New York and the Barclays Global Healthcare Conference in Miami, among others. Oryzon's innovative therapies, including LSD1 inhibitors Iadademstat and Vafidemstat, are currently in Phase II clinical trials, targeting significant unmet medical needs in hematologic and neurological diseases.

Positive
  • Participation in multiple prestigious conferences, enhancing visibility and potential investor interest.
  • Iadademstat and Vafidemstat are in Phase II clinical trials, indicating progress in drug development for unmet medical needs.
Negative
  • None.
  • BIO CEO & Investor Conference 2022, New York
  • Epigenetics Symposium – From Genes to Chromatin to Therapeutics
  • BioMed Event 2022, Paris
  • Barclays Global Healthcare Conference, Miami

MADRID, Spain and CAMBRIDGE, Mass., Feb. 14, 2022 (GLOBE NEWSWIRE) -- Oryzon Genomics, S.A. (ISIN Code: ES0167733015, ORY), a public clinical-stage biopharmaceutical company leveraging epigenetics to develop therapies in diseases with strong unmet medical need, announced today that its management will give an update on corporate progress at several international events in February and March.

Oryzon will participate at the BIO CEO & Investor Conference 2022, to be held in New York and virtually on February 14-17. Dr. Carlos Buesa, Oryzon’s CEO, and Dr. Saikat Nandi, Oryzon’s Global Chief Business Officer, will hold one-to-one meetings with pharmaceutical companies and global investors. During this event Dr. Buesa will present a corporate update on February 14 at 11:00 am ET. Click on link for more info about the BIO CEO & Investor conference

Oryzon has been invited to participate at the Epigenetics Symposium: From Genes to Chromatin to Therapeutics, hosted by the Cancer Epigenetics Institute and the Fox Chase Cancer Center, to be held in Philadelphia and virtually on March 2. Dr. Ana Limón, Oryzon’s Senior VP of Clinical Development and Global Medical Affairs will give a short talk as part of a session with leading industry members discussing epigenetic-related therapies. Click on link for more info about this Epigenetics Symposium

Oryzon will also attend the BioMed Event 2022, which will be held on March 8 in Paris, France, where Dr. Buesa will present a corporate update. Click on link for more info about the BioMed Event

Executive directors of the company will also attend the Barclays Global Healthcare Conference, to be held in Miami on March 15-17. Dr. Buesa will present a corporate update on March 16 at 16:20 ET.

About Oryzon
Founded in 2000 in Barcelona, Spain, Oryzon (ISIN Code: ES0167733015) is a clinical stage biopharmaceutical company considered as the European champion in epigenetics. Oryzon has one of the strongest portfolios in the field, with two LSD1 inhibitors, iadademstat and vafidemstat, in Phase II clinical trials and ongoing programs for developing inhibitors against other epigenetic targets. In addition, Oryzon has a strong platform for biomarker identification and performs biomarker and target validation for a variety of malignant and neurological diseases. For more information, visit www.oryzon.com

About Iadademstat
Iadademstat (ORY-1001) is a small oral molecule, which acts as a highly selective inhibitor of the epigenetic enzyme LSD1 and has a powerful differentiating effect in hematologic cancers (see Maes et al., Cancer Cell 2018 Mar 12; 33 (3): 495-511.e12.doi: 10.1016 / j.ccell.2018.02.002.). A FiM Phase I/IIa clinical trial with iadademstat in R/R AML patients demonstrated the safety and good tolerability of the drug and preliminary signs of antileukemic activity, including a CRi (see Salamero et al, J Clin Oncol, 2020, 38(36): 4260-4273. doi: 10.1200/JCO.19.03250). In a still ongoing Phase IIa trial in elder 1L-AML patients (ALICE trial), iadademstat has shown encouraging safety and efficacy data in combination with azacitidine. Beyond hematological cancers, the inhibition of LSD1 has been proposed as a valid therapeutic approach in some solid tumors such as small cell lung cancer (SCLC), neuroendocrine tumors, medulloblastoma and others. In a Phase IIa trial in combination with platinum/etoposide in second line ED-SCLC patients (CLEPSIDRA trial, finalized), preliminary efficacy results have been reported. In total iadademstat has been tested in four clinical trials in more than 100 patients.

About Vafidemstat
Vafidemstat (ORY-2001) is an oral, CNS optimized LSD1 inhibitor. The molecule acts on several levels: it reduces cognitive impairment, including memory loss and neuroinflammation, and at the same time has neuroprotective effects. In animal studies vafidemstat not only restores memory but reduces the exacerbated aggressiveness of SAMP8 mice, a model for accelerated aging and Alzheimer’s disease (AD), to normal levels and also reduces social avoidance and enhances sociability in murine models. In addition, vafidemstat exhibits fast, strong and durable efficacy in several preclinical models of multiple sclerosis (MS). Oryzon has performed two Phase IIa clinical trials in aggressiveness in patients with different psychiatric disorders (REIMAGINE) and in aggressive/agitated patients with moderate or severe AD (REIMAGINE-AD), with positive clinical results reported in both. Additional finalized Phase IIa clinical trials with vafidemstat include the ETHERAL trial in patients with Mild to Moderate AD, where a significant reduction of the inflammatory biomarker YKL40 has been observed after 6 and 12 months of treatment, and the pilot, small scale SATEEN trial in Relapse-Remitting and Secondary Progressive MS, where antiinflammatory activity has also been observed. Vafidemstat has also been tested in a Phase II in severe Covid-19 patients (ESCAPE) assessing the capability of the drug to prevent ARDS, one of the most severe complications of the viral infection, where it showed significant anti-inflammatory effects in severe Covid-19 patients. Currently, vafidemstat is in two Phase IIb trials in borderline personality disorder (PORTICO) and in schizophrenia patients (EVOLUTION). The company is also deploying a CNS precision medicine approach with vafidemstat in genetically-defined patient subpopulations of certain CNS disorders.

FORWARD-LOOKING STATEMENTS
This communication contains, or may contain, forward-looking information and statements about Oryzon, including financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, capital expenditures, synergies, products and services, and statements regarding future performance. Forward-looking statements are statements that are not historical facts and are generally identified by the words “expects,” “anticipates,” “believes,” “intends,” “estimates” and similar expressions. Although Oryzon believes that the expectations reflected in such forward-looking statements are reasonable, investors and holders of Oryzon shares are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Oryzon that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include those discussed or identified in the documents sent by Oryzon to the Spanish Comisión Nacional del Mercado de Valores (CNMV), which are accessible to the public. Forward-looking statements are not guarantees of future performance and have not been reviewed by the auditors of Oryzon. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date they were made. All subsequent oral or written forward-looking statements attributable to Oryzon or any of its members, directors, officers, employees or any persons acting on its behalf are expressly qualified in their entirety by the cautionary statement above. All forward-looking statements included herein are based on information available to Oryzon on the date hereof. Except as required by applicable law, Oryzon does not undertake any obligation to publicly update or revise any forward‐looking statements, whether as a result of new information, future events or otherwise. This press release is not an offer of securities for sale in the United States or any other jurisdiction. Oryzon’s securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of Oryzon’s securities to be made in the United States will be made by means of a prospectus that may be obtained from Oryzon or the selling security holder, as applicable, that will contain detailed information about Oryzon and management, as well as financial statements.

IR, USIR & Media, EuropeSpainOryzon
Ashley R. RobinsonSandya von der WeidPatricia CoboEmili Torrell
LifeSci Advisors, LLCLifeSci Advisors, LLC/ Carlos C. UngríaBD Director
+1 617 430 7577+41 78 680 05 38+34 91 564 07 25+34 93 515 13 13
arr@lifesciadvisors.comsvonderweid@lifesciadvisors.compcobo@atrevia.com
cungria@atrevia.com
etorrell@oryzon.com


FAQ

What events will Oryzon Genomics participate in during February and March 2022?

Oryzon Genomics will participate in the BIO CEO & Investor Conference, the Epigenetics Symposium, the BioMed Event, and the Barclays Global Healthcare Conference.

Who will present updates at the BIO CEO & Investor Conference for Oryzon?

CEO Dr. Carlos Buesa and Global Chief Business Officer Dr. Saikat Nandi will present updates.

What are the key therapeutic areas Oryzon Genomics is focusing on?

Oryzon is focusing on therapies for hematologic cancers and neurological diseases, leveraging epigenetics.

What are the clinical trials associated with Iadademstat and Vafidemstat?

Iadademstat and Vafidemstat are both in Phase II clinical trials targeting various conditions, including cancers and neurodegenerative diseases.

What is the stock symbol for Oryzon Genomics?

The stock symbol for Oryzon Genomics is ORYZF.

ORYZON GENOMICS SA

OTC:ORYZF

ORYZF Rankings

ORYZF Latest News

ORYZF Stock Data

135.95M
48.50M
15.97%
0.77%
Biotechnology
Healthcare
Link
United States of America
Cornellà de Llobregat