SOUTH SAN FRANCISCO, Calif., May 11, 2017 (GLOBE NEWSWIRE) -- Catalyst Biosciences, Inc. (NASDAQ:CBIO), a clinical-stage biopharmaceutical company focused on developing novel medicines to address hematology indications, today announced financial results for the first quarter ended March 31, 2017.
“During the first quarter of this year we made significant progress with completion of the IND-enabling preclinical studies for our subcutaneous Factor IX program,” said Nassim Usman, Ph.D., Catalyst’s President and Chief Executive Officer. “With the IND approval in South Korea for our subcutaneous Factor IX candidate, CB 2679d/ISU304, we look forward to the initiation a Phase 1/2 proof-of-concept clinical trial in individuals with severe hemophilia B this quarter with the goal of providing a therapy with a simpler dosing method and improved long-term clinical outcomes.”
“During the first quarter of this year we made significant progress with completion of the IND-enabling preclinical studies for our subcutaneous Factor IX program,” said Nassim Usman, Ph.D., Catalyst’s President and Chief Executive Officer. “With the IND approval in South Korea for our subcutaneous Factor IX candidate, CB 2679d/ISU304, we look forward to the initiation a Phase 1/2 proof-of-concept clinical trial in individuals with severe hemophilia B this quarter with the goal of providing a therapy with a simpler dosing method and improved long-term clinical outcomes.”
