NEW
YORK, May 17, 2022 /PRNewswire/
-- Synaptogenix, Inc. (Nasdaq: SNPX) ("Synaptogenix" or
the "Company"), an emerging biopharmaceutical company developing
regenerative therapeutics for neurodegenerative disorders,
announced today that Dr. Daniel
Alkon, the Company's President and Chief Scientific Officer,
will have a presentation at the Cell Symposium conference in
Sitges, Spain on Tuesday, May 17th. The title of the
poster is "Bryostatin Enhances Synaptic Growth through Epigenetic
Regulation of ApoE Alleles."
"We are excited to present at this event sponsored by Cell
Press, one of the leading scientific publications in our space.
Through direct regulation of the Alzheimer's disease ("AD") major
risk genes (called ApoE), we may be able to extend Bryostatin's
therapeutic benefits to a prevention, pre-dementia strategy.
Synaptogenix is currently conducting a six-month, National
Institutes of Health ("NIH") supported Phase 2 trial for advanced
AD patients who have previously shown actual improvement over
baseline with Bryostatin treatment." stated Dr. Daniel Alkon, President and Chief Scientific
Officer.
Additional information can be found at the Cell Symposia
website.
About Synaptogenix, Inc.
Synaptogenix is a clinical-stage biopharmaceutical company that
has historically worked to develop novel therapies for
neurodegenerative diseases. Synaptogenix has conducted clinical and
preclinical studies of its lead therapeutic candidate,
Bryostatin-1, in AD. Preclinical studies have also demonstrated
Bryostatin's regenerative mechanisms of action for the rare
disease, Fragile X syndrome, and for other neurodegenerative
disorders such as multiple sclerosis, stroke, and traumatic brain
injury. The U.S. Food and Drug Administration has granted Orphan
Drug Designation to Synaptogenix for Bryostatin-1 as a treatment
for Fragile X syndrome. Bryostatin-1 has already undergone testing
in more than 1,500 people in cancer studies, thus creating a large
safety data base that will further inform clinical trial designs.
Additional information about Synaptogenix, Inc. may be found on its
website: www.synaptogen.com .
Forward-Looking Statements
Any statements contained in this press release that do not
describe historical facts may constitute forward-looking
statements. These forward-looking statements include statements
regarding the Phase 2 clinical trial of Bryostatin-1 and further
studies, and continued development of use of Bryostatin-1 for AD
and other cognitive diseases. Such forward-looking statements are
subject to risks and uncertainties and other influences, many of
which the Company has no control over. There can be no assurance
that the clinical program for Bryostatin-1 will be successful in
demonstrating safety and/or efficacy, that we will not encounter
problems or delays in clinical development, or that Bryostatin-1
will ever receive regulatory approval or be successfully
commercialized. Actual results and the timing of certain events and
circumstances may differ materially from those described by the
forward-looking statements as a result of these risks and
uncertainties. Additional factors that may influence or cause
actual results to differ materially from expected or desired
results may include, without limitation, the Company's inability to
obtain adequate financing, the significant length of time
associated with drug development and related insufficient cash
flows and resulting illiquidity, the Company's patent portfolio,
the Company's inability to expand its business, significant
government regulation of pharmaceuticals and the healthcare
industry, lack of product diversification, availability of the
Company's raw materials, existing or increased competition, stock
volatility and illiquidity, and the Company's failure to implement
its business plans or strategies. These and other factors are
identified and described in more detail in the Company's filings
with the Securities and Exchange Commission. The Company does not
undertake to update these forward-looking statements.
Contact information:
Investors and Media
800-811-5591
ir@synaptogen.com
Robert Weinstein
Chief Financial Officer
Synaptogenix, Inc.
rweinstein@synaptogen.com
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SOURCE Synaptogenix, Inc.