Purple Biotech to Showcase Innovations at Investment Conference
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Purple Biotech to Showcase Innovations at Investment Conference
Purple Biotech Ltd. (NASDAQ/TASE: PPBT) is making waves in the biotechnology sector, especially as a clinical-stage company dedicated to developing groundbreaking therapies that effectively address tumor immune evasion and drug resistance. The company's executive team is excited to announce their participation in the prestigious H.C. Wainwright 26th Annual Global Investment Conference, where they will engage in a virtual Fireside Chat presentation along with one-on-one meetings with institutional investors.
Key Details of the Conference
The conference is scheduled for September 9-11, and Purple Biotech's virtual Fireside Chat will become accessible for on-demand viewing starting on the morning of September 9 at 7:00 AM ET. Interested parties can find the presentation in the Investor section of Purple Biotech’s website for a duration of 30 days, allowing ample opportunity for insight into the company’s innovative approaches.
Engagement Opportunities for Investors
For those eager to tune in to the Fireside Chat, an easy registration link is available for institutional investors to secure their participation in this informative session. Moreover, CEO Gil Efron will be conducting personalized one-on-one meetings with investors at the Lotte New York Palace Hotel, highlighting Purple Biotech's commitment to transparent communication and collaboration with stakeholders.
About Purple Biotech’s Innovative Pipeline
As a trailblazer in its field, Purple Biotech has developed a rich oncology pipeline with notable candidates, including CM24, NT219, and IM1240. Each of these candidates is designed with the goal to address significant challenges in cancer treatment.
CM24: A Step Forward in Cancer Treatment
CM24 is a humanized monoclonal antibody that targets CEACAM1, a protein integral to tumor immune evasion and survival. Its innovative design aims to disrupt multiple pathways that tumors exploit to thrive. Currently, CM24 is progressing through a Phase 2 study aimed at treating pancreatic ductal adenocarcinoma (PDAC) in combination with anti-PD-1 checkpoint inhibitors. This collaboration includes a significant partnership with Bristol Myers Squibb, demonstrating Purple Biotech’s dedication to synergistic advancements in cancer care.
Advancements with NT219 and IM1240
Another exciting development is NT219, a novel small molecule that inhibits IRS1/2 and STAT3 simultaneously. Following successful Phase 1 trials, it is advancing to further investigation, particularly for its anti-tumor capabilities cited in recurrent and metastatic head and neck cancers. Additionally, IM1240 represents Purple Biotech’s cutting-edge endeavor with its tri-specific antibody targeting the antigen 5T4, which is prominently linked to various solid tumors.
Company’s Vision and Future Endeavors
Purple Biotech firmly believes in harnessing the power of the immune system to tackle cancers more effectively. Their innovative development platform concentrates on creating therapies that activate both innate and adaptive immune responses, a holistic approach that may redefine patient outcomes.
With their headquarters based in Rehovot, Israel, Purple Biotech remains dedicated to pushing the boundaries of what is possible in oncology. Information about their ongoing projects and developmental progress can be found directly through their official website.
Frequently Asked Questions
What is the focus of Purple Biotech?
Purple Biotech is dedicated to developing first-in-class therapies aimed at overcoming tumor immune evasion and drug resistance.
When is the H.C. Wainwright Investment Conference?
The conference takes place from September 9-11, with a virtual Fireside Chat available for on-demand viewing starting September 9 at 7:00 AM ET.
What are the main products under development by Purple Biotech?
Key products include CM24, NT219, and IM1240, focusing on innovative cancer treatment strategies.
Where is Purple Biotech located?
The company’s headquarters are situated in Rehovot, Israel.
How can investors learn more about Purple Biotech's developments?
Investors can visit the company's official website to access information about ongoing projects and clinical advancements.
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