Opexa Therapeutics Chosen as One of the Top Autoimmune Therapy Projects to Watch
November 17 2015 - 8:00AM
Business Wire
Opexa Therapeutics, Inc. (NASDAQ: OPXA), a
biopharmaceutical company developing personalized immunotherapies
for autoimmune disorders including multiple sclerosis (MS) and
neuromyelitis optica (NMO), today announced that it has been
selected one of the “Top Projects to Watch” by a panel of
independent experts for the third consecutive year. As part of this
recognition, Neil K. Warma, Opexa’s President and Chief
Executive Officer, will present a company overview at the
Therapeutic Area Partnerships meeting taking place on November
18-20, 2015 at the Hilton Boston Back Bay. Mr. Warma will
present on Thursday, November 19 at 11:30 a.m.
E.S.T.
“Selected companies have been screened using a strict set of
judging criteria for the Top Projects to Watch award and represent
what our committees consider among the most attractive
opportunities the industry has to offer,” said Marc Wortman,
Editorial Director, Therapeutic Area Partnerships. “Winners have
met rigorous criteria, including: unmet medical need, market
potential, diversity of indications, strong science, multi-level
partnering opportunities (biotech and pharma), potential for new
opportunities beyond initial indications and corporate stability.
As the industry leader in strategic analysis and transaction
tracking, our main goal is to give these companies exposure to
potential investors, partners, and acquirers.”
“We are pleased to be selected for the third year as one of the
Top Projects to Watch,” stated Mr. Warma. “We believe this
recognition speaks to the potential of our novel personalized
T-cell immunotherapy platform to address autoimmune diseases with
significant unmet medical needs.”
Respected independent experts review projects available for
partnering and select eight companies in six areas. A number
of presenting companies at prior Therapeutic Area Partnerships
meetings have gone on to headline-making partnerships. Attendees
have the opportunity to hear from and meet some of the industry's
most talented biotechnology entrepreneurs and pharmaceutical
leaders. Casual gatherings and one-on-one partnering meetings bring
together business development decision makers from large
pharmaceutical firms and executive leadership from innovative
biotechnology firms to make this one of the industry's most
productive events.
About Opexa
Opexa is a biopharmaceutical company developing personalized
immunotherapies with the potential to treat major illnesses,
including multiple sclerosis (MS) as well as other autoimmune
diseases such as neuromyelitis optica (NMO). These therapies are
based on Opexa’s proprietary T-cell technology. The Company’s
leading therapy candidate, Tcelna®, is a personalized T-cell
immunotherapy that is in a Phase IIb clinical development program
(the Abili-T trial) for the treatment of secondary progressive MS.
Tcelna consists of myelin-reactive T-cells, which are expanded ex
vivo from the patient’s peripheral blood and reintroduced into the
same patient in an attenuated form via subcutaneous injections.
This process triggers a potent immune response against specific
subsets of autoreactive T-cells known to attack myelin for each
individual patient.
For more information, visit the Opexa Therapeutics website at
www.opexatherapeutics.com or follow company news on Twitter via
@OpexaCEO.
Cautionary Statement Relating to Forward-Looking Information
for the Purpose of "Safe Harbor" Provisions of the Private
Securities Litigation Reform Act of 1995
Statements contained in this release, other than statements of
historical fact, constitute "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995.
The words "expects," "believes," "may," "intends," "potential" and
similar expressions are intended to identify forward-looking
statements. These forward-looking statements do not constitute
guarantees of future performance, are based upon our current
expectations, and involve assumptions that may never materialize or
may prove to be incorrect. Actual results and the timing of events
could differ materially from those anticipated in such
forward-looking statements as a result of various risks and
uncertainties, which include without limitation our ability to
raise additional capital to continue our development programs, our
ability to successfully develop potential products such as Tcelna,
our ability to obtain, maintain and protect intellectual property
rights (including for Tcelna), as well as other risks associated
with the process of discovering, developing and commercializing
drug candidates that are safe and effective for use as human
therapeutics. These and other risks are described in detail in our
SEC filings, including our Annual Report on Form 10-K for the year
ended December 31, 2014 and our Quarterly Report on Form 10-Q for
the quarter ended September 30, 2015. All forward-looking
statements contained in this release speak only as of the date on
which they were first made by us, and we undertake no obligation to
update such statements to reflect events that occur or
circumstances that exist after such date.
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Opexa Therapeutics, Inc.Karthik Radhakrishnan, 281-775-0600Chief
Financial Officer
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