Caelum Biosciences Announces Clinical Data on CAEL-101 in AL Amyloidosis Selected for Oral Presentation at 16th International...
March 21 2018 - 8:00AM
Caelum Biosciences, Inc. (“Caelum”), a Fortress Biotech, Inc.
(NASDAQ:FBIO) Company developing treatments for rare and
life-threatening diseases, today announced that the final analysis
of data and additional global longitudinal strain response from the
Phase 1a/1b trial of Caelum’s CAEL-101 (mAb 11-1F4) for the
treatment of relapsed or refractory amyloid light chain (“AL”)
amyloidosis will be presented in an oral session at the 16th
International Symposium on Amyloidosis, to be held March 26-29,
2018, in Kumamoto, Japan. The Phase 1a/1b trial was conducted at
Columbia University.
Details of the presentation are as follows:
Title: Final Analysis of the Phase 1a/b Study
of Fibril-Reactive Monoclonal Antibody 11-1F4 (CAEL-101) in
Patients with AL AmyloidosisSession: AL
amyloidosis 3Oral Presentation Number:
39Date and Time: Tuesday, March 27, 2018, at
4:30 p.m. JSTLocation: KKR Hotel
KumamotoPresenter: Camille V. Edwards, M.D.,
Boston Medical Center, Boston
For more information, please visit isa2018.com.
About Caelum BiosciencesCaelum
Biosciences, Inc. (“Caelum”), a Fortress Biotech (NASDAQ:FBIO)
Company, is a clinical-stage biotechnology company developing
treatments for rare and life-threatening diseases. Caelum’s lead
asset, CAEL-101 (mAb 11-1F4), is a novel antibody for the treatment
of patients with amyloid light chain (“AL”) amyloidosis. Phase
1a/1b data presented at the American Society of Hematology’s 59th
Annual Meeting in December 2017 support CAEL-101’s potential to be
a safe and well-tolerated therapy that promotes amyloid resolution.
CAEL-101 has received Orphan Drug Designation from the U.S. Food
and Drug Administration as a therapeutic agent for patients with AL
amyloidosis, and as a radio-imaging agent in amyloidosis. For more
information, visit www.caelumbio.com.
About Fortress BiotechFortress Biotech, Inc.
(“Fortress”) is a biopharmaceutical company dedicated to acquiring,
developing and commercializing novel pharmaceutical and
biotechnology products. Fortress develops and commercializes
products both within Fortress and through certain subsidiary
companies, also known as Fortress Companies. In addition to its
internal development programs, Fortress leverages its
biopharmaceutical business expertise and drug development
capabilities and provides funding and management services to help
the Fortress Companies achieve their goals. Fortress and the
Fortress Companies may seek licensings, acquisitions, partnerships,
joint ventures and/or public and private financings to accelerate
and provide additional funding to support their research and
development programs. For more information, visit
www.fortressbiotech.com.
Forward-Looking StatementsThis
press release may contain “forward-looking statements” within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934, as amended. Such
statements include, but are not limited to, any statements relating
to our growth strategy and product development programs and any
other statements that are not historical facts. Forward-looking
statements are based on management’s current expectations and are
subject to risks and uncertainties that could negatively affect our
business, operating results, financial condition and stock price.
Factors that could cause actual results to differ materially from
those currently anticipated include: risks relating to our growth
strategy; our ability to obtain, perform under and maintain
financing and strategic agreements and relationships; risks
relating to the results of research and development activities;
uncertainties relating to preclinical and clinical testing; risks
relating to the timing of starting and completing clinical trials;
our dependence on third-party suppliers; our ability to attract,
integrate and retain key personnel; the early stage of products
under development; our need for substantial additional funds;
government regulation; patent and intellectual property matters;
competition; as well as other risks described in our SEC filings.
We expressly disclaim any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements
contained herein to reflect any change in our expectations or any
changes in events, conditions or circumstances on which any such
statement is based, except as required by law.
Contacts:Caelum Biosciences, Inc.Michael
Spector, President & Chief Executive Officer(212)
574-2811mspector@caelumbio.com
Fortress Biotech, Inc.Jaclyn Jaffe, Investor Relations(781)
652-4500ir@fortressbiotech.com
Fortress Biotech, Inc.Laura Bagby, Media Relations6 Degrees(312)
448-8098lbagby@6degreespr.com
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