Report Publication Announcement • Oct 24, 2016
Report Publication Announcement
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Nantes, October 24, 2016 - OSE Immunotherapeutics SA (ISIN: FR0012127173; Mnémo: OSE), a biotechnology company developing immunotherapies of activation and regulation in immuno-oncology, auto-immune diseases and transplantation, today announces it will be featured as a presenting company at MedStart Up Days, sponsored by Galien Foundation and Business France, to be held in New York City on October 27th & 28th (Alexandria Center For Life Science - 450 East 29th Street).
During the presentation, Alexis Peyroles, COO of OSE Immunotherapeutics, will present the company, including lead product, Tedopi® - a combination of -10 neo- epitopes selected and optimized from five tumor antigens - which is currently undergoing U.S. and EU pivotal Phase III clinical trial testing for nonsmall cell lung cancer and FR104 - CD28-antagonist - in clinical development by Johnson & Johnson, for autoimmune disorders.
"Our "first-in-class" portfolio, targeting high growth markets in immuno-oncology and immunotherapy together with our partnership with Johnson & Johnson on FR104, support the company's strategic development, especially in the U.S.", comments Alexis Peyroles, Chief Operating Officer of OSE Immunotherapeutics. "Specifically, Tedopi®, FR104, as well as our early stage assets are poised to create shareholder value."
Day and time: Thursday, October 27th, 2016 at 8:30am EST Place: Alexandria Center For Life Science - 450 East 29th Street, New York, NY 10016 More information: https://www.eventbrite.com/e/medstartup-partnering-by-business-france-thegalien-foundation-registration-28612905972?aff=erelexpmlt
The MedStartUp Days are specifically designed to gather experts and entities from life sciences, technology, venture, policy research and more to explore the future of life sciences and digital health. Each year, hundreds of attendees meet in New York for this two-day event.
Business France is the national agency supporting the international development of the Economy of France, responsible to foster export growth by French businesses, as well as promoting and facilitating international investment in France. Business France promotes French companies, brand visibility and nationwide attractiveness.
The Galien Foundation fosters, recognizes and rewards excellence in scientific innovation to improve the state of human health. Our vision is to be the catalyst for the development of the next generation of innovative treatment and technologies that will impact human health and save lives.
Our ambition is to become a world leader in activation and regulation immunotherapies
OSE Immunotherapeutics is a biotechnology company led by world-class immunologists and 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:
The portfolio's blockbuster potential gives OSE Immunotherapeutics the ability to enter into global agreements at different stages of development with major pharmaceutical players, such as the one signed for FR104 with the J&J Group.
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 upper \$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. More information: http://ose-immuno.com.
OSE Immunotherapeutics Dominique Costantini, CEO [email protected] +33 613 207 749
Maryvonne Hiance, Vice-Chairman and Director of Strategy [email protected] +33 680 060 183
Alexis Peyroles, COO, Finance, BD & Operations [email protected] +33 611 511 977
Bernard Vanhove, COO, R&D, International scientific collaborations [email protected] +33 675 414 008
*Citi Research Equity +BCC Research
Contacts media Alize RP Florence Portejoie & Caroline Carmagnol [email protected] +33 647 389 004
LifeSci Advisors Chris Maggos [email protected] +41 79 367 6254
Acorelis Gilles Petitot +33 620 276 594 [email protected]
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 8 June 2016 under the number R.16-052, the consolidated financial statements and the management report for the fiscal year 2015, as well as the Merger Document registered with the AMF on 26 April 2016 under number E.16-026, all 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.
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