Matinas BioPharma to Present at the 12th Annual BioNJ BioPartnering Conference
May 03 2022 - 07:00AM
GlobeNewswire Inc.
Matinas BioPharma (NYSE AMER: MTNB), a clinical-stage
biopharmaceutical company focused on redefining the
intracellular delivery of nucleic acids and small molecules with
its lipid nanocrystal (LNC) platform technology, announced today
that Jerry Jabbour, Chief Executive Officer, has been invited to
present at the 12th Annual BioNJ BioPartnering Conference,
co-sponsored by J.P. Morgan and J&J Innovation, being held
virtually May 9-13, 2022.
Conference Details
Conference Title: |
12th Annual BioNJ BioPartnering Conference (virtual) |
Conference Date: |
May 9-13, 2022 |
Matinas BioPharma Presentation Time: |
May 10, 11:00 a.m. – 12:30 p.m. ET |
Conference registration: |
https://bionj.org/event/2022-bionj-biopartnering-conference |
One-on-one meetings can be arranged through the
conference’s BioPartnering 1:1 virtual meeting feature. A replay of
the Matinas BioPharma presentation will be available on-demand to
registered attendees for one month following the conference.
About Matinas BioPharma
Matinas BioPharma is a biopharmaceutical company
focused on redefining the intracellular delivery of nucleic acids
and small molecules with its lipid nanocrystal (LNC) platform
technology. The Company is developing its own internal portfolio of
products as well as partnering with leading pharmaceutical
companies to develop novel formulations that capitalize on the
unique characteristics of the LNC platform.
Preclinical and clinical data have demonstrated
that this novel technology can provide solutions to many of the
challenges in achieving safe and effective intracellular delivery,
for both small molecules and larger, more complex molecules, such
as mRNA, DNA plasmids, antisense oligonucleotides and vaccines. The
combination of a unique mechanism of action and flexibility with
formulation and route of administration (including oral), positions
Matinas’ LNC technology to potentially become the preferred
next-generation intracellular drug delivery vehicle with distinct
advantages over both lipid nanoparticles and viral vectors.
MAT2203 is an oral, LNC formulation of the
highly effective, but also highly toxic, antifungal medicine
amphotericin B, primarily used as a first-line treatment for
invasive fungal infections. MAT2203 is currently in a Phase 2
open-label, sequential cohort study (EnACT) in HIV-infected
patients with cryptococcal meningitis. The DSMB unanimously
approved the progression of EnACT into Cohort 4 in December of
2021. Cohort 4 commenced in January of 2022, with data expected in
the second half of 2022.
MAT2501 is an oral, LNC formulation of the
broad-spectrum aminoglycoside antibiotic amikacin, primarily used
to treat chronic and acute bacterial infections. With the support
of the Cystic Fibrosis Foundation, MAT2501 is currently undergoing
important preclinical studies and commenced a Phase 1 human
clinical trial in the fourth quarter of 2021. MAT2501 would be the
first and only oral aminoglycoside, and is being positioned with an
initial indication for the treatment of nontuberculous
mycobacterial (NTM) lung disease, including infections in patients
with cystic fibrosis.
LYPDISO™ is a prescription-only omega-3 fatty
acid-based composition comprised primarily of EPA and DPA intended
for the treatment of cardiovascular and metabolic conditions. This
next-generation omega-3 therapy has been shown in two head-to-head
studies to provide effective triglyceride-lowering and
significantly higher EPA blood levels than Vascepa®. A global
process to identity and potentially secure a partner to continue
development of LYPDISO remains ongoing.
For more information, please visit
www.matinasbiopharma.com.
Forward Looking Statements
This release contains "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995, including those relating to our business
activities, our strategy and plans, our collaboration with
BioNTech, the potential of our LNC platform delivery technology,
and the future development of its product candidates, the Company’s
ability to identify and pursue development, licensing and
partnership opportunities for its products or platform delivery
technology on favorable terms, if at all, and the ability to obtain
required regulatory approval and other statements that are
predictive in nature, that depend upon or refer to future events or
conditions. All statements other than statements of historical fact
are statements that could be forward-looking statements.
Forward-looking statements include words such as "expects,"
"anticipates," "intends," "plans," "could," "believes," "estimates"
and similar expressions. These statements involve known and unknown
risks, uncertainties and other factors which may cause actual
results to be materially different from any future results
expressed or implied by the forward-looking statements.
Forward-looking statements are subject to a number of risks and
uncertainties, including, but not limited to, our ability to obtain
additional capital to meet our liquidity needs on acceptable terms,
or at all, including the additional capital which will be necessary
to complete the clinical trials of our product candidates; our
ability to successfully complete research and further development
and commercialization of our product candidates; the uncertainties
inherent in clinical testing; the timing, cost and uncertainty of
obtaining regulatory approvals; our ability to protect the
Company’s intellectual property; the loss of any executive officers
or key personnel or consultants; competition; changes in the
regulatory landscape or the imposition of regulations that affect
the Company’s products; and the other factors listed under "Risk
Factors" in our filings with the SEC, including Forms 10-K, 10-Q
and 8-K. Investors are cautioned not to place undue reliance on
such forward-looking statements, which speak only as of the date of
this release. Except as may be required by law, the Company does
not undertake any obligation to release publicly any revisions to
such forward-looking statements to reflect events or circumstances
after the date hereof or to reflect the occurrence of unanticipated
events. Matinas BioPharma’s product candidates are all in a
development stage and are not available for sale or use.
Investor and Media Contact
Peter VozzoICR
Westwicke443-213-0505peter.vozzo@westwicke.com
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