NANTES, France--(BUSINESS WIRE)--Regulatory News:
OSE Immunotherapeutics SA (Paris:OSE) (ISIN: FR0012127173; Mnémo: OSE) announced today that the Company will present at the upcoming “Annual Immuno-Oncology: BD&L and Investment Forum” being held on June 2, 2017, in Chicago, in parallel to the international annual American Society of Clinical Oncology (ASCO) meeting.
Dominique Costantini, Chief Executive Officer of OSE Immunotherapeutics, will provide an overview of the Company, its most recent accomplishments and future growth steps. She will focus on its original immuno-oncology portfolio including combined neoepitopes specifically activating T lymphocytes (Tedopi® in phase 3 registration trial in Non-Small Lung Cancer) and new checkpoint inhibitor blocking myeloid suppressive cells associated to the tumor (OSE-172/Effi-DEM, SIRPa antagonist in preclinical stage). Both products have a strong interest in combination with the available T checkpoints as well as in case of escape to this line of immune treatment.
“Our franchise in immuno-oncology is positioned on T-cell specific activation by neoepitopes and on suppressive cell blockage in the tumor microenvironment by a checkpoint. Tedopi® and OSE-172 (Effi-DEM) are key assets to reinforce our visibility with clinicians, in particular in the United States”, said Dominique Costantini.
Details of the June 2, 2017, presentation:
Hyatt Centric Chicago Magnificent Mile Hotel
Presentation
track: B
Presentation time: 11:30 AM Central Time
ABOUT THE ANNUAL SACHS IMMUNO-ONCOLOGY: BD&L AND INVESTMENT FORUM
The 3rd
“Annual Sachs Immuno-Oncology: BD&L and Investment Forum” is designed to
bring together thought leaders from cancer research institutes, patient
advocacy groups, pharma and biotech to facilitate partnering and funding
& investment. It is expected that around 250 delegates and about 30
presentations by listed and private biotechnology companies seeking
licensing & investment. Numerous networking opportunities available
via an online One-2-One meeting system with dedicated meeting facilities
to make the event more transactional.
ABOUT OSE IMMUNOTHERAPEUTICS
Our ambition is to become
a world leader in activation and regulation immunotherapies
OSE
Immunotherapeutics is a biotechnology company focused on the development
of innovative immunotherapies for immune activation and regulation in
the fields of immuno-oncology, auto-immune diseases and transplantation.
The
company has a balanced portfolio of first-in-class products with a
diversified risk profile ranging from clinical phase 3 registration
trials to R&D:
In immuno-oncology:
- Tedopi®, a combination of 10 optimized neo-epitopes to induce specific T activation in immuno-oncology - Currently in registration Phase 3 trial advanced NSCLC HLA A2+ patients EU /US - Orphan Status in the US - Registration expected in 2019 - A Phase 2 with Tedopi® in combination with a checkpoint inhibitor in NSCLC is considered in 2017.
- OSE-172 (Effi-DEM), new generation checkpoint inhibitor targeting the SIRP-a receptor - In preclinical development for several cancer models.
In auto-immune diseases and transplantation:
- FR104, CD28-antagonist in immunotherapy - Phase 1 trial completed – For the treatment of autoimmune diseases and for use with transplantation - Licensed to Janssen Biotech Inc. to pursue clinical development.
- OSE-127 (Effi-7), interleukin receptor-7 antagonist - In preclinical development for inflammatory bowel diseases and other autoimmune diseases. License option agreement with Servier for the development and commercialization.
The portfolio’s blockbuster potential gives OSE Immunotherapeutics the ability to enter global agreements at different stages of development with major pharmaceutical players.
Immunotherapy is a highly promising and growing market. By 2023 Immunotherapy of cancer could represent nearly 60% of treatments against less than 3% at present * and the projected market is estimated at $67 billion in 2018 **.
There are more than 80 autoimmune diseases that represent a significant market including major players in the pharmaceutical industry with sales towards $10 billion for the main products. The medical need is largely unmet and requires the provision of new innovative products involved in the regulation of the immune system.
*Citi Research Equity
**BCC Research
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Forward-looking statements
This press release
contains express or implied information and statements that might be
deemed forward-looking information and statements in respect of OSE
Immunotherapeutics. They do not constitute historical facts. These
information and statements include financial projections that are based
upon certain assumptions and assessments made by OSE Immunotherapeutics’
management in light of its experience and its perception of historical
trends, current economic and industry conditions, expected future
developments and other factors they believe to be appropriate.
These
forward-looking statements include statements typically using
conditional and containing verbs such as “expect”, “anticipate”,
“believe”, “target”, “plan”, or “estimate”, their declensions and
conjugations and words of similar import.
Although the OSE
Immunotherapeutics management believes that the forward-looking
statements and information are reasonable, the OSE Immunotherapeutics’
shareholders and other investors are cautioned that the completion of
such expectations is by nature subject to various risks, known or not,
and uncertainties which are difficult to predict and generally beyond
the control of OSE Immunotherapeutics. These risks could cause actual
results and developments to differ materially from those expressed in or
implied or projected by the forward-looking statements. These risks
include those discussed or identified in the public filings made by OSE
Immunotherapeutics with the AMF. Such forward-looking statements are not
guarantees of future performance.
This press release includes only
summary information and should be read with the OSE Immunotherapeutics
Reference Document filed with the AMF on 28 April 2017 under the number
R.17-038, including the annual financial report for the fiscal year
2016, available on the OSE Immunotherapeutics’ website.
Other than
as required by applicable law, OSE Immunotherapeutics issues this press
release at the date hereof and does not undertake any obligation to
update or revise the forward-looking information or statements.
OSE Immunotherapeutics
Sylvie Détry, +33 143 297 857
Sylvie.detry@ose-immuno.com
or
Media
: AlizeRP
Caroline Carmagnol / Laetitia Abbar
+33 647 389
004
oseimmuno@alizerp.com
or
LifeSci
Advisors
Chris Maggos, +41 79 367 6254
chris@lifesciadvisors.com