NurExone Biologic Inc. (TSXV: NRX) (OTCQB: NRXBF) (Germany: J90)
(“
NurExone” or the “
Company”) is
excited to announce that it will be presenting at the International
Society for Cell & Gene Therapy (ISCT) 2025 Annual Meeting
(“
ISCT 2025”), a major global cell and gene
therapy translation conference, taking place from May 7-10, 2025 in
New Orleans, Louisiana, United States.
As part of the Company’s growth and awareness
strategy for its expansion into the United States, NurExone will be
highlighting its innovative ExoPTEN therapy in a presentation
during ISCT 2025 titled: “ExoPTEN: Allogeneic Exosome Therapy for
Spinal Cord Injury with Strong Therapeutic Potential and Clinical
Promise.” The presentation will cover the Company’s robust
preclinical data, demonstrating that a minimally invasive ExoPTEN
treatment cycle significantly improved motor and sensory functions
and structural recovery in small animal models of spinal cord
injury.
“We are honored to present this cutting-edge
research to leading experts in the field and further establish our
position as a pioneer in exosome-based regenerative therapies,”
said Dr. Tali Kizhner, Director of Research and Development at
NurExone. “Participating in high-profile U.S. conferences such as
ISCT 2025 is central to our strategy of increasing NurExone’s
visibility within the North American biotech and investor
communities.”
The Company’s presence at ISCT 2025 underscores
its commitment to advancing its innovative therapies globally.
Recently, NurExone launched its U.S. subsidiary, Exo-Top Inc.
(“Exo-Top”), which will focus on the production
and supply of high-quality, fully characterized good manufacturing
practice (“GMP”) exosomes for research and
therapeutic use. The exosomes produced will be used for NurExone’s
product development as well as for supply to third parties, further
expanding the Company’s footprint in the U.S. market. See the
Company’s press release dated February 5, 2025, for more details on
the establishment of Exo-Top.
Eran Ovadya, Chief Financial Officer of NurExone
stated, “The ISCT 2025 conference is a key opportunity to showcase
our advances and to expand our U.S. presence. As we grow Exo-Top
and pursue U.S. listing opportunities, presenting at prestigious
events is expected to strengthen our strategy and increase
shareholder value.”
About NurExone
NurExone Biologic Inc. is a TSX Venture Exchange
(“TSXV”), OTCQB and Frankfurt listed biotech
company focused on developing regenerative exosome-based therapies
for central nervous system injuries. Its lead product, ExoPTEN, has
demonstrated strong preclinical data supporting clinical potential
in treating acute spinal cord and optic nerve injury, two
multi-billion-dollar markets. Regulatory milestones, including
Orphan Drug Designation, facilitate the roadmap towards clinical
trials in the U.S and Europe. Commercially, the Company is expected
to offer solutions to companies interested in quality exosomes and
minimally invasive targeted delivery systems for other indications.
NurExone has established Exo-Top, a U.S. subsidiary, to anchor its
North American activity and growth strategy.
For additional information and a brief
interview, please watch Who is NurExone?,
visit www.nurexone.com or follow NurExone
on LinkedIn, Twitter, Facebook, or YouTube.
For more information, please
contact:
Dr. Lior ShaltielChief Executive Officer and DirectorPhone:
+972-52-4803034Email: info@nurexone.com
Oak Hill Financial Inc.2 Bloor Street, Suite 2900Toronto,
Ontario M4W 3E2Investor Relations – CanadaPhone:
+1-647-479-5803Email: info@oakhillfinancial.ca
Dr. Eva ReuterInvestor Relations –
GermanyPhone:
+49-69-1532-5857Email: e.reuter@dr-reuter.eu
Allele Capital PartnersInvestor Relations –
U.S.Phone: +1
978-857-5075Email: aeriksen@allelecapital.com
FORWARD-LOOKING STATEMENTS
This press release contains certain
“forward-looking statements” that reflect the Company’s current
expectations and projections about its future results. Wherever
possible, words such as “may”, “will”, “should”, “could”, “expect”,
“plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or
“potential” or the negative or other variations of these words, or
similar words or phrases, have been used to identify these
forward-looking statements. Forward-looking statements in this
press release include, but are not limited to, statements relating
to: the Company’s proposed attendance and presentation at ISCT
2025; the Company’s presence at ISCT 2025 helping it expand its
U.S. presence, strengthen its strategy, increase shareholder value,
further establish its position as a leader in exosome-based
regenerative medicine, and increase the Company’s visibility within
the North American biotech and investor communities; the Company
highlighting its ExoPTEN treatment therapy and the Company’s
preclinical data during the presentation; the Company establishing
Exo-Top to support the future development of GMP exosome production
and the intended benefits of its establishment on the Company and
its business; Exosomes produced by Exo-Top will be used for product
development, supplied to third parties, as well as further
expanding the Company’s footprint in the US ; broader adoption of
exosomes in the field and cell therapy applications; the Company’s
future plans and expectations; growing clinical demand for
innovative treatments in spinal cord, optic nerve, and other
therapeutic areas; NurExone advancing its development pipeline;
NurExone is focused on developing regenerative exosome-based
therapies for central nervous system injuries; and the NurExone
platform technology offering solutions to drug companies interested
in minimally invasive targeted drug delivery for other
indications.
These statements reflect management’s current
beliefs and are based on information currently available to
management as at the date hereof. In developing the forward-looking
statements in this press release, we have applied several material
assumptions, including: the Company will attend and present at ISCT
2025; the Company’s presence at ISCT 2025 will help it expand its
U.S. presence, strengthen its strategy, increase shareholder value,
further establish its position as a leader in exosome-based
regenerative medicine, and increase the Company’s visibility within
the North American biotech and investor communities; the Company
will highlight its ExoPTEN treatment therapy and the Company’s
preclinical data during the presentation; the Company establishing
Exo-Top will support the future development of GMP exosome
production and the intended benefits of its establishment on the
Company and its business; Exosomes produced by Exo-Top will be used
for product development, supplied to third parties, as well as will
expand the Company’s footprint in the U.S.; there will be broader
adoption of exosomes in the field and cell therapy applications;
the Company’s future plans and expectations; there will be growing
clinical demand for innovative treatments in spinal cord, optic
nerve, and other therapeutic areas; NurExone will advance its
development pipelines; NurExone will be focused on developing
regenerative exosome-based therapies for central nervous system
injuries; and the NurExone platform technology will offer solutions
to drug companies interested in minimally invasive targeted drug
delivery for other indications.
Forward-looking statements involve significant
risk, uncertainties and assumptions. Many factors could cause
actual results, performance or achievements to differ materially
from the results discussed or implied in the forward-looking
statements. These risks and uncertainties include, but are not
limited to risks related to: the Company’s early stage of
development; lack of revenues to date; government regulation;
market acceptance for its products; rapid technological change;
dependence on key personnel, and on the Company’s strategic
partners; the fact that preclinical drug development is uncertain,
and the drug product candidates of the Company may never advance to
clinical trials; the fact that results of preclinical studies and
early-stage clinical trials may not be predictive of the results of
later stage clinical trials; the uncertain outcome, cost, and
timing of product development activities, preclinical studies and
clinical trials of the Company; the uncertain clinical development
process, including the risk that clinical trials may not have an
effective design or generate positive results; the inability to
obtain or maintain regulatory approval of the drug product
candidates of the Company; the introduction of competing drugs that
are safer, more effective or less expensive than, or otherwise
superior to, the drug product candidates of the Company; the
initiation, conduct, and completion of preclinical studies and
clinical trials may be delayed, adversely affected or impacted by
unforeseen issues; the inability to obtain or maintain intellectual
property protection for the drug product candidates of the Company;
risks that the Company’s intellectual property and technology won’t
have the intended impact on the Company and/or its business; the
Company’s inability to carry out its pre-clinical trials and
realize upon the stated benefits of the pre-clinical trials; the
inability of the Company to realize on the benefits of exosomes;
the inability of the Company to produce and/or supply exosomes for
a wide range of applications; the inability of the Company’s
products to be used for patient treatment; there not being broader
adoption in the field and/or cell therapy applications; the
inability of the Company to fulfill its intended future plans and
expectations; there not being growing clinical demand for
innovative treatments in spinal cord, optic nerve, and/or other
therapeutic areas; the inability of the Company to collaborate with
pharma companies; the Company’s inability to realize upon the
stated potential for exosome-loaded drugs in regenerating or
repairing damaged nerves; the Company’s inability to maintain its
ongoing commitment to using its ExoTherapy platform to advance the
field of regenerative medicine and/or cell therapy
applications; the Company’s inability to expand into further
studies; Exo-Top not have the intended benefits on the Company
and/or its business; the establishment of Exo-Top not supporting
the future development of GMP exosome production; the Company’s
inability to attend and present at ISCT 2025; the Company’s
presence at ISCT 2025 will not help it expand its U.S. presence,
strengthen its strategy, increase shareholder value, further
establish its position as a leader in exosome-based regenerative
medicine, and increase the Company’s visibility within the North
American biotech and investor communities; the Company not
highlighting its ExoPTEN treatment therapy and the Company’s
preclinical data during the presentation; Exosomes produced by
Exo-Top will not be used for product development, supplied to third
parties, or help expand the Company’s footprint in the U.S.; there
not being a broader adoption of exosomes in the field and cell
therapy applications; the Company’s products will not be used for
patient treatment; there will not be growing clinical demand for
innovative treatments in spinal cord, optic nerve and/or other
therapeutic areas; NurExone being unable to advance its development
pipeline; NurExone will not have the ability to focus on developing
regenerative exosome-based therapies for central nervous system
injuries the NurExone platform technology not offering solutions to
drug companies interested in minimally invasive targeted drug
delivery for other indications; and the risks discussed under the
heading “Risk Factors” on pages 44 to 51 of the Company’s annual
information form dated August 27, 2024, a copy of which is
available under the Company’s SEDAR+ profile at www.sedarplus.ca.
These factors should be considered carefully, and readers should
not place undue reliance on the forward-looking statements.
Although the forward-looking statements contained in this press
release are based upon what management believes to be reasonable
assumptions, the Company cannot assure readers that actual results
will be consistent with these forward-looking statements. These
forward-looking statements are made as of the date of this press
release, and the Company assumes no obligation to update or revise
them to reflect new events or circumstances, except as required by
law.
Neither TSXV nor its Regulation Services
Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this
release.
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