NurExone Biologic Inc. (TSXV: NRX) (OTCQB: NRXBF) (FSE: J90)
(“
NurExone” or the “
Company”) is
proud to announce its inclusion in the 2025 TSX Venture 50™, a
prestigious annual ranking of the top-performing companies on the
TSX Venture Exchange (“
TSXV”). NurExone is honored
to be the only biotech company, and one of three life sciences
companies, to receive this designation, highlighting NurExone’s
leadership in the emerging field of exosome-based therapies and
regenerative medicine for central nervous system injuries. This
recognition also highlights NurExone’s strong market performance
and strategic advances in the past year including 110% share price
appreciation and 209% market cap growth.
The TSX Venture 50™ recognizes the top 50
performing issuers out of the 1,605i listed issuers on the TSXV,
across all sectors. Each company recognized is evaluated and chosen
based on a combination of metrics including one year share price
appreciation and market capitalization growth. In 2024, the 50
selected companies delivered an impressive average share price
appreciation of 207%ii demonstrating strong investor confidence in
high-growth enterprises.
“We are deeply honored to be recognized as a TSX
Venture 50™ company. This reflects our unwavering commitment to
advancing exosome-based therapies and creating long-term value for
our shareholders,” said Dr. Lior Shaltiel, CEO of NurExone. “It’s a
testament to the growing investor confidence in our mission to
revolutionize regenerative medicine, the strength of our scientific
breakthroughs, and the dedication of our talented team.”
Key milestones driving NurExone’s success
include significant progress in the development of ExoPTEN, the
Company’s proprietary exosome therapy for acute spinal cord
injuries, as well as NurExone’s establishment of its U.S.
subsidiary, Exo-Top Inc., which accelerates its exosome production
capabilities and advancement of their clinical pipeline. These
efforts will help position NurExone as a leader in the rapidly
growing field of exosome-based therapies.
The TSXV serves as a vital platform for
early-stage, high-growth companies, providing access to capital and
a strong investor network. In 2024, 80% of the TSXV Venture 50™
companies operated internationally across Europe, South America,
Africa, and beyondiii, further highlighting the global impact of
TSXV-listed firms.
Yoram Drucker, Chairman of NurExone, added
“being recognized by the TSX Venture 50™ is a significant milestone
for NurExone, highlighting our strong financial performance and
growth trajectory. We look forward to continuing our success as we
expand our presence in the U.S. and explore new listing
opportunities.”
About NurExone
NurExone Biologic Inc. is a 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, both multi-billion-dollar marketsiv. 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 Inc., 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 advancing exosome-based therapies and creating
long term value for shareholders; growing investor confidence in
the Company’s mission; Exo-Top Inc. accelerating its exosome
production capabilities and advancing its clinical pipeline; the
Company becoming a leader in the field of exosome-based therapies;
the continued success of the Company; the Company expanding its
presence in the U.S. and exploring new listing opportunities; the
Company completing clinical trials in the U.S. and Europe; 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’s focus on developing regenerative exosome-based therapies
for central nervous system injuries; and the NurExone platform
technology offering solutions to companies interested in quality
exosomes and minimally invasive targeted delivery systems 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 advance exosome-based
therapies and create long term value for shareholders; there being
growing investor confidence in the Company’s mission; Exo-Top Inc.
will accelerate its exosome production capabilities and advance its
clinical pipeline; the Company will become a leader in the field of
exosome-based therapies; the Company will continue to succeed; the
Company will expand its presence in the U.S. and explore new
listing opportunities; the Company will complete clinical trials in
the U.S. and Europe; there will be growing clinical demand for
innovative treatments in spinal cord, optic nerve, and other
therapeutic areas; NurExone will advance its development pipeline;
NurExone will continue to focus on developing regenerative
exosome-based therapies for central nervous system injuries; and
the NurExone platform technology will offer solutions to companies
interested in quality exosomes and minimally invasive targeted
delivery systems 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; the Company’s inability to expand into further
studies; Exo-Top not have the intended benefits on the Company
and/or its business; the Company be unable to advance exosome-based
therapies and/or create long term value for shareholders; investor
confidence in the Company’s mission deteriorating; the Company not
becoming a leader in the field of exosome-based therapies; the
Company being unable to expand its presence in the U.S. and/or
explore new listing opportunities; the Company being unable to
initiate and/or complete clinical trials in the U.S. and Europe;
clinical demand for innovative treatments in spinal cord, optic
nerve, and other therapeutic areas deteriorating; NurExone being
unable to advance its development pipeline; NurExone being unable
to focus on developing regenerative exosome-based therapies for
central nervous system injuries; the NurExone platform technology
being unable to offer solutions to companies interested in quality
exosomes and/or minimally invasive targeted delivery systems 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.
_____________________
i
TMXii https://money.tmx.com/en/venture50iii https://money.tmx.com/en/venture50iv
Spinal cord injury, Glaucoma
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