Omega Therapeutics to Present New Preclinical Data on OTX-2101 at the 2023 AACR-NCI-EORTC International Conference on Molecular Targets and Cancer Therapeutics
October 04 2023 - 3:00PM
Omega Therapeutics, Inc. (Nasdaq: OMGA) (“Omega”), a clinical-stage
biotechnology company pioneering the development of a new class of
programmable epigenomic mRNA medicines, today announced that
it will present new preclinical data supporting the potential of
OTX-2101, a c-MYC (MYC)-targeting epigenomic controller being
developed for the treatment of non-small cell lung cancer (NSCLC),
at the upcoming AACR-NCI-EORTC International Conference on
Molecular Targets and Cancer Therapeutics taking place in Boston,
Massachusetts, October 11 – 15, 2023.
“We are excited to present new preclinical data from our NSCLC
program that build on our recent preliminary clinical results in
hepatocellular carcinoma, which demonstrated for the first time our
ability to modulate MYC expression pre-transcriptionally in humans
using a programmable mRNA development candidate,” said Mahesh
Karande, President and Chief Executive Officer of Omega
Therapeutics. “These new data highlight the broad applicability of
our MYC-targeting strategy across solid tumors and its potential to
synergize with clinically validated therapeutic options. We look
forward to advancing our preclinical and clinical studies to
address MYC-driven cancers.”
Details for the poster presentation are as
follows:
Title: Targeted epigenomic modulation of MYC
enhances responses to immune checkpoint and EGFR inhibitors in
preclinical models of NSCLCPoster number:
C104Session Information: Poster Session
CDate and Time: October 14, 2023, from 12:30 p.m.
to 4:00 p.m. EDT
The poster will be made available on the Omega website at
https://omegatherapeutics.com/our-science/#publications-research at
the same time as the presentation.
About Omega TherapeuticsOmega Therapeutics is a
clinical-stage biotechnology company pioneering the development of
a new class of programmable epigenomic mRNA medicines to treat or
cure a broad range of diseases. By pre-transcriptionally modulating
gene expression, Omega’s approach enables controlled epigenomic
modulation of nearly all human genes, including historically
undruggable and difficult-to-treat targets, without altering native
nucleic acid sequences. Founded in 2017 by Flagship Pioneering
following breakthrough research by world-renowned experts in the
field of epigenetics, Omega is led by a seasoned and accomplished
leadership team with a track record of innovation and operational
excellence. The Company is committed to revolutionizing genomic
medicine and has a diverse pipeline of therapeutic candidates
derived from its OMEGA platform spanning oncology, regenerative
medicine, multigenic diseases including immunology, and select
monogenic diseases.
For more information, visit omegatherapeutics.com, or
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Forward-Looking StatementsThis press release
contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. All statements
contained in this press release that do not relate to matters of
historical fact should be considered forward-looking statements,
including without limitation statements regarding the potential of
the OMEGA platform to engineer programmable epigenomic mRNA
therapeutics that successfully and pre-transcriptionally regulate
gene expression by targeting insulated genomic domains;
expectations surrounding the potential of our product candidates,
including OTX 2101 and OTX-2002; expectations regarding our
pipeline, including trial design, initiation of preclinical studies
and advancement of multiple preclinical development programs in
oncology, immunology, regenerative medicine, and select monogenic
diseases; and upcoming events and presentations. These statements
are neither promises nor guarantees, but involve known and unknown
risks, uncertainties and other important factors that may cause our
actual results, performance or achievements to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking statements, including,
but not limited to, the following: the novel technology on which
our product candidates are based makes it difficult to predict the
time and cost of preclinical and clinical development and
subsequently obtaining regulatory approval, if at all; the
substantial development and regulatory risks associated with
epigenomic controllers due to the novel and unprecedented nature of
this new category of medicines; our limited operating history; the
incurrence of significant losses and the fact that we expect to
continue to incur significant additional losses for the foreseeable
future; our need for substantial additional financing; our
investments in research and development efforts that further
enhance the OMEGA platform, and their impact on our results;
uncertainty regarding preclinical development, especially for a new
class of medicines such as epigenomic controllers; potential delays
in and unforeseen costs arising from our clinical trials; the fact
that our product candidates may be associated with serious adverse
events, undesirable side effects or have other properties that
could halt their regulatory development, prevent their regulatory
approval, limit their commercial potential, or result in
significant negative consequences; the impact of increased demand
for the manufacture of mRNA and LNP based vaccines to treat
COVID-19 on our development plans; difficulties manufacturing the
novel technology on which our OEC candidates are based; our ability
to adapt to rapid and significant technological change; our
reliance on third parties for the manufacture of materials; our
ability to successfully acquire and establish our own manufacturing
facilities and infrastructure; our reliance on a limited number of
suppliers for lipid excipients used in our product candidates; our
ability to advance our product candidates to clinical development;
and our ability to obtain, maintain, enforce and adequately protect
our intellectual property rights. These and other important factors
discussed under the caption “Risk Factors” in our Quarterly Report
on Form 10-Q for the quarter ended June 30, 2023, and our other
filings with the SEC, could cause actual results to differ
materially from those indicated by the forward-looking statements
made in this press release. Any such forward-looking statements
represent management’s estimates as of the date of this press
release. While we may elect to update such forward-looking
statements at some point in the future, we disclaim any obligation
to do so, even if subsequent events cause our views to change.
Contact
Investor contact:
Eva Stroynowski
617.949.4370
estroynowski@omegatx.com
Media contact:
Jason Braco
LifeSci Communications
646.751.4361
jbraco@lifescicomms.com
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