NGM Bio to Host the Final of Four Virtual R&D Events on June 29, 2022
23 Junho 2022 - 05:05PM
GlobeNewswire Inc.
NGM Biopharmaceuticals, Inc. (NGM Bio) (Nasdaq: NGM), a
biotechnology company focused on discovering and developing
transformative therapeutics for patients, today announced it will
host the fourth of four virtual R&D events on Wednesday, June
29, 2022, from 11:00 am – 12:30 pm ET. This four-part series of
virtual webcasts, titled the “Explorer Series”, highlights the
company’s work as explorers on the frontier of life-changing
science.
The fourth event will focus on NGM Bio’s product candidate for
the treatment of patients with geographic atrophy (GA), NGM621, an
antibody engineered to potently inhibit complement C3. C3 is a key
component of the complement system, which helps orchestrate the
body’s response to infection and maintains tissue homeostasis. When
this cascade is dysregulated, the immune response may lead to the
development and progression of GA. Inhibition of C3 represents a
promising therapeutic approach that broadly inhibits downstream
effector functions triggered by the excessive activation of the
complement pathway. The program will feature presentations from
members of NGM Bio’s research and development team and from Dr.
Charles Wykoff, Director of Research at the Retina Consultants of
Texas and the Greater Houston Retina Research Foundation and
Chairman of the Research and Clinical Trials Subcommittee for the
Retina Consultants of America.
A live webcast of the presentation will be available under the
Investors and Media section of NGM Bio’s website at
https://ir.ngmbio.com/events-presentations. A replay of the webcast
will be archived on NGM Bio’s site for one year following the
event.
About NGM Bio
NGM Bio is focused on discovering and developing novel,
life-changing medicines for people whose health and lives have been
disrupted by disease. The company’s biology-centric drug discovery
approach aims
to seamlessly integrate interrogation of complex
disease-associated biology and protein engineering expertise to
unlock proprietary insights to generate promising product
candidates and enable their rapid advancement into proof-of-concept
studies. As explorers on the frontier of life-changing
science, NGM Bio aspires to operate one of the most productive
research and development engines in the biopharmaceutical industry.
All therapeutic candidates in the NGM Bio pipeline have been
generated by its in-house discovery engine, with a disease-agnostic
mindset, always led by biology and motivated by unmet patient need.
Today, the company has seven programs in active
development, including four in Phase 2 or 2b
studies, across three therapeutic areas:
cancer, retinal diseases and liver and
metabolic diseases. Visit us at www.ngmbio.com for more
information.
Forward-Looking Statements
Statements contained in this press release regarding matters
that are not historical facts are “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995. Words such as “will,” “may,” “engineered to,” “aspire,”
“aim,” “promising” and similar expressions (as well as other words
or expressions referencing future events, conditions or
circumstances) are intended to identify forward-looking statements.
These statements include those related to NGM Bio’s product
candidates, including the potential role of potent inhibition of
complement C3 for the treatment of patients with GA and the
possibility that inhibition of complement C3 represents a promising
therapeutic approach, and other statements that are not historical
fact. Because such statements deal with future events and are based
on NGM Bio’s current expectations, they are subject to various
risks and uncertainties, and actual results, performance or
achievements of NGM Bio could differ materially from those
described in or implied by the statements in this press release.
These forward-looking statements are subject to risks and
uncertainties, including, without limitation, risks and
uncertainties associated with the costly and time-consuming
pharmaceutical product development process and the uncertainty of
clinical success, as well as the risks that NGM Bio’s product
candidates may otherwise not be tolerable and effective treatments
in their planned indications, and other risks and uncertainties
affecting NGM Bio and its development programs, including those
discussed in the section titled “Risk Factors” in NGM Bio’s
quarterly report on Form 10-Q for the quarter ended March 30, 2022
filed with the United States Securities and Exchange Commission
(SEC) on May 5, 2022 and future filings and reports that NGM Bio
makes from time to time with the SEC. Except as required by law,
NGM Bio assumes no obligation to update these forward-looking
statements, or to update the reasons if actual results differ
materially from those anticipated in the forward-looking
statements.
Investor Contact:Brian
Schoelkopfir@ngmbio.com |
Media Contact:media@ngmbio.com |
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