FibroBiologics Issued Patent for Fibroblast Delivery of Tumor Inhibitory Agents by the European Patent Office
October 16 2024 - 8:15AM
FibroBiologics, Inc. (Nasdaq: FBLG) (“FibroBiologics , a
clinical-stage biotechnology company with 160+ patents issued and
pending with a focus on the development of therapeutics and
potential cures for chronic diseases using fibroblasts and
fibroblast-derived materials, announced the issuance of a patent
from the European Patent Office (Patent Number 19795975.2) covering
methods and compositions for the treatment of cancer utilizing
fibroblasts that have been modified to enhance their ability to
deliver one or more anti-cancer agents to an individual.
This method uses modified fibroblasts to deliver
tumor-inhibiting agents directly to cancer cells. The fibroblasts
would be engineered to enhance their natural ability to target
cancerous tissues, and then loaded with therapeutic agents to fight
primary, metastatic, or treatment-resistant tumors. Modifying the
fibroblasts in this manner may make them more effective in
targeting cancer cells and delivering treatment.
Founder & Chief Executive Officer of FibroBiologics, Pete
O’Heeron said, “The issuance of this patent recognizes the novelty
and utility of using modified fibroblasts to deliver
tumor-inhibiting agents for cancer treatment. This technology is an
example of the potential therapeutic versatility of fibroblast
cell-based therapies.”
Chief Scientific Officer of FibroBiologics, Hamid Khoja, Ph.D.,
added, “This patent is yet another major milestone for a potential
cancer treatment platform. Traditional therapies often struggle
with limited penetration into tumor tissues, but fibroblasts may
offer a significant advantage as they are a key component of the
tumor microenvironment and have the ability to modulate the immune
response. By harnessing the unique characteristics of fibroblasts,
we may be able to deliver tumor-inhibiting agents more effectively,
potentially opening new avenues for targeting even the most
challenging cancer types.”
For more information, please visit FibroBiologics’
website or email FibroBiologics at:
info@fibrobiologics.com.
Cautionary Statement Regarding Forward-Looking
Statements
This communication contains "forward-looking statements" as
defined in the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include information concerning the
potential of fibroblasts to effectively deliver tumor-inhibiting
agents directly to cancer cells, offer a significant advantage as
they are a key component of the tumor microenvironment and have the
ability to modulate the immune response, and offer clinical
benefits for patients. These forward-looking statements are based
on FibroBiologics' management's current expectations, estimates,
projections and beliefs, as well as a number of assumptions
concerning future events. These forward-looking statements are not
guarantees of future performance, conditions or results, and
involve a number of known and unknown risks, uncertainties,
assumptions and other important factors, many of which are outside
FibroBiologics' management's control, that could cause actual
results to differ materially from the results discussed in the
forward-looking statements, including those set forth under the
caption "Risk Factors" and elsewhere in FibroBiologics' annual,
quarterly and current reports (i.e., Form 10-K, Form 10-Q and Form
8-K) as filed or furnished with the SEC and any subsequent public
filings. Copies are available on the SEC's website, www.sec.gov.
These risks, uncertainties, assumptions and other important factors
include, but are not limited to: (a) risks related to
FibroBiologics' liquidity and its ability to maintain capital
resources sufficient to conduct its business; (b) expectations
regarding the initiation, progress and expected results of our
R&D efforts and preclinical studies; (c) the unpredictable
relationship between R&D and preclinical results and clinical
study results; and (d) the ability of FibroBiologics to
successfully prosecute its patent applications. Forward-looking
statements speak only as of the date they are made. Readers are
cautioned not to put undue reliance on forward-looking statements,
and FibroBiologics assumes no obligation and, except as required by
law, does not intend to update, or revise these forward-looking
statements, whether as a result of new information, future events,
or otherwise. FibroBiologics gives no assurance that it will
achieve its expectations.
About FibroBiologics
Based in Houston, FibroBiologics is a clinical-stage
biotechnology company developing a pipeline of treatments and
potential cures for chronic diseases using fibroblast cells and
fibroblast-derived materials. FibroBiologics holds 160+ US and
internationally issued patents/patents pending across various
clinical pathways, including disc degeneration, orthopedics,
multiple sclerosis, psoriasis, wound healing, reversing organ
involution, and cancer. FibroBiologics represents the next
generation of medical advancement in cell therapy. For more
information, visit www.FibroBiologics.com.
General
Inquiries:info@fibrobiologics.com
Investor Relations:Nic Johnson Russo
Partners(212) 845-4242fibrobiologicsIR@russopr.com
Media Contact:Liz PhillipsRusso Partners(347)
956-7697Elizabeth.phillips@russopartnersllc.com
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