BioSenic appoints Dr Carole Nicco as Chief Operating Officer in
addition to Chief Scientific Officer
PRESS RELEASE
Dr Nicco's new Chief Operating
Officer (COO) position will give her a broader mandate at BioSenic,
where she is currently responsible for R&D
programs.
Mont-Saint-Guibert, Belgium,
January 10, 2024, 7.00 am CEST –
BIOSENIC (Euronext Brussels and Paris:
BIOS), the clinical-stage company specializing in serious
autoimmune and inflammatory diseases and cell therapy, and its
subsidiary Medsenic SAS, today announces the promotion of Dr Carole
Nicco to Chief Operating Officer (COO) in addition to her position
as Chief Scientific Officer (CSO).
Dr Carole Nicco will be involved in the
strategic planning, decision-making and management of key
initiatives, as well as overseeing and enhancing the strategic
development of BioSenic's pipelines, targeting treatments with its
viscosupplementation, cell therapy and arsenic trioxide platforms.
She will work closely with BioSenic's CEO, Prof. François Rieger,
to further oversee and enhance BioSenic's strategic decisions.
“BioSenic is very proud to incorporate Dr Carole
Nicco - our CSO - deeper into the strategic planning of BioSenic’s
development. We have known Dr Nicco for many years and shared
fruitful collaboration with her previous academic setting in Paris.
Her enthusiasm and dedication to work, together with her wide
experience and successes in the continuously growing field of
Immunology, and pioneering results in innate and trained
immunology, have deep consequences in creating, with the most
advanced techniques in molecular and cell biology, the paths to a
new area of modern and personalized medicine, applied to
pathologies with no actual decisive medical treatments. We welcome
her deep involvement and integration into our global project, with
an interesting, diversified approach to efficient medications,
using both our main platforms, i.e. the arsenic trioxide platform-
to treat autoimmune conditions and return to homeostasis - and the
cell therapy platform- to encourage tissue repair mechanisms,”
said Prof. François Rieger, President and CEO of
BioSenic.
"After one year as BioSenic's CSO, I have a
better vision of the company's potential” declares Dr
Carole Nicco, PhD and supervisor of graduate students for many
years at the University Paris Cité. "I
knew the scientific and clinical value of BioSenic's technologies
and the importance of the arsenic trioxide platform in developing
treatments for autoimmune diseases. The very active and interactive
last year, 2023, allowed me to meet key players in the health
sciences arena, and I particularly appreciate our growing
partnership with the Walloon region, combined with the incredibly
fruitful biopharma scene in Belgium. I am delighted to take on
strategic responsibilities as Chief Operating Officer by BioSenic's
Board and get the opportunity to share the strategic objectives of
the Deputy CEO, Véronique Pomi, and the CEO, François Rieger, who
have placed a great deal of trust in me. I am thrilled to bring my
expertise to facilitate efficiency and effective performance,
adding my perspectives and ideas to the overall project of the
Company. I already have specific plans for the near, medium, and
distant future to improve and diversify the use of our main
therapeutic platforms, particularly using arsenic trioxide and its
various possible formulations, which I'm convinced will address
important unmet medical needs for patients heavily affected by
certain autoimmune diseases.”
Dr Nicco has already begun to meet and interact
with key global players interested in the development of the global
BioSenic project or targeted therapeutic innovations. BioSenic
wishes her all due success in her new commitments in our
company.
About
BioSenic
BioSenic is a biotech company specializing in
the development of clinical assets issued from: (i) the arsenic
trioxide (ATO) platform (with key target indications including
Graft-versus-Host Disease (GvHD), systemic lupus erythematosus
(SLE) and systemic sclerosis (SSc) and (ii), the development of
innovative products to meet unmet needs in immune and autoimmune
diseases. Following a reverse merger in October 2022, BioSenic
combined its strategic positioning and key strengths to develop,
separately and in combination, an entirely new arsenal of various
anti-inflammatory and anti-autoimmune formulations using the
immunomodulatory properties of ATO/oral ATO (OATO) with its
innovative cell therapy platform and strong IP for tissue repair
protection.
BioSenic is based in the Louvain-la-Neuve
Science Park in Mont-Saint-Guibert, Belgium. Further information is
available at http://www.biosenic.com.
About BioSenic technology
platforms
1) The ATO platform has
immunomodulatory properties with fundamental effects on the
activated cells of the immune system. One direct application is its
use in onco-immunology to treat GvHD (Graft-versus-Host Disease) in
its chronic, established stage. cGvHD is one of the most common and
clinically significant complications affecting long-term survival
of allogeneic hematopoietic stem cell transplantation (allo-HSCT).
BioSenic has been successful in a phase 2 trial with its
intravenous formulation, which has orphan drug designation status
by FDA and EMA. The company is heading towards an international
phase 3 confirmatory study, with its new, IP-protected, OATO
formulation. Another selected target is moderate-to-severe forms of
systemic lupus erythematosus (SLE), using the same oral
formulation. ATO has shown good safety and significant clinical
efficacy on several affected organs (skin, mucosae and the
gastrointestinal tract) in an early phase 2a study. Systemic
sclerosis is also part of the clinical pipeline of BioSenic. This
serious chronic disease badly affects skin, lungs or
vascularization, and has no current effective treatment.
Preclinical studies on pertinent animal models are positive, giving
good grounds to launch a phase 2 clinical protocol.
2) ALLOB, an allogeneic cell therapy platform made
of differentiated bone marrow sourced Mesenchymal Stromal Cells
(MSCs), which can be stored at the point of use in hospitals. ALLOB
represents a unique and proprietary approach to organ repair and
specifically to bone regeneration, by turning undifferentiated
stromal cells from healthy donors into bone-forming cells on the
site of injury. After phase 2 clinical results with contradictory
conclusions, BioSenic is now focusing on determining the best time
to optimise the efficacy of ALLOB (between early or late
treatment).The company is currently focusing its present R&D
and clinical activities on a selective, accelerated development of
its autoimmune (ATO/OATO) platform.
For further information, please
contact:
BioSenic
SAFrançois Rieger, PhD, Chief Executive
OfficerTel: +33 (0)671 73 31
59investorrelations@biosenic.com
International Media
Enquiries:IB
CommunicationsNeil Hunter / Michelle
BoxallTel: +44 (0)20 8943
4685neil.hunter@ibcomms.agency /
michelle@ibcomms.agency
For French Investor
Enquiries:Seitosei ●
ActifinGhislaine
GasparettoTel: +33 (0)1 56 88 11
22ggasparetto@actifin.fr
Certain statements, beliefs and opinions
in this press release are forward-looking, which reflect the
company or, as appropriate, the company directors’ current
expectations and projections about future events. By their nature,
forward-looking statements involve a number of risks, uncertainties
and assumptions that could cause actual results or events to differ
materially from those expressed or implied by the forward-looking
statements. These risks, uncertainties and assumptions could
adversely affect the outcome and financial effects of the plans and
events described herein. A multitude of factors including, but not
limited to, changes in demand, competition and technology, can
cause actual events, performance or results to differ significantly
from any anticipated development. Forward looking statements
contained in this press release regarding past trends or activities
should not be taken as a representation that such trends or
activities will continue in the future. As a result, the company
expressly disclaims any obligation or undertaking to release any
update or revisions to any forward-looking statements in this press
release as a result of any change in expectations or any change in
events, conditions, assumptions or circumstances on which these
forward-looking statements are based. Neither the company nor its
advisers or representatives nor any of its subsidiary undertakings
or any such person’s officers or employees guarantees that the
assumptions underlying such forward-looking statements are free
from errors nor does either accept any responsibility for the
future accuracy of the forward-looking statements contained in this
press release or the actual occurrence of the forecasted
developments. You should not place undue reliance on
forward-looking statements, which speak only as of the date of this
press release.
BIOSENIC (Euronext Brussels and Paris: BIOS),
the clinical-stage company specializing in serious autoimmune and
inflammatory diseases and cell therapy, and its subsidiary Medsenic
SAS, today announces the promotion of Dr Carole Nicco to Chief
Operating Officer (COO) in addition to her position as Chief
Scientific Officer (CSO).
Dr Carole Nicco will be involved in the
strategic planning, decision-making and management of key
initiatives, as well as overseeing and enhancing the strategic
development of BioSenic's pipelines, targeting treatments with its
viscosupplementation, cell therapy and arsenic trioxide platforms.
She will work closely with BioSenic's CEO, Prof. François Rieger,
to further oversee and enhance BioSenic's strategic decisions.
“BioSenic is very proud to incorporate Dr Carole
Nicco - our CSO - deeper into the strategic planning of BioSenic’s
development. We have known Dr Nicco for many years and shared
fruitful collaboration with her previous academic setting in Paris.
Her enthusiasm and dedication to work, together with her wide
experience and successes in the continuously growing field of
Immunology, and pioneering results in innate and trained
immunology, have deep consequences in creating, with the most
advanced techniques in molecular and cell biology, the paths to a
new area of modern and personalized medicine, applied to
pathologies with no actual decisive medical treatments. We welcome
her deep involvement and integration into our global project, with
an interesting, diversified approach to efficient medications,
using both our main platforms, i.e. the arsenic trioxide platform-
to treat autoimmune conditions and return to homeostasis - and the
cell therapy platform- to encourage tissue repair mechanisms,”
said Prof. François Rieger, President and CEO of
BioSenic.
"After one year as BioSenic's CSO, I have a better vision of the
company's potential” declares Dr Carole Nicco, PhD and
supervisor of graduate students for many years at the University
Paris Cité. "I knew the scientific and clinical value of
BioSenic's technologies and the importance of the arsenic trioxide
platform in developing treatments for autoimmune diseases. The very
active and interactive last year, 2023, allowed me to meet key
players in the health sciences arena, and I particularly appreciate
our growing partnership with the Walloon region, combined with the
incredibly fruitful biopharma scene in Belgium. I am delighted to
take on strategic responsibilities as Chief Operating Officer by
BioSenic's Board and get the opportunity to share the strategic
objectives of the Deputy CEO, Véronique Pomi, and the CEO, François
Rieger, who have placed a great deal of trust in me. I am thrilled
to bring my expertise to facilitate efficiency and effective
performance, adding my perspectives and ideas to the overall
project of the Company. I already have specific plans for the near,
medium, and distant future to improve and diversify the use of our
main therapeutic platforms, particularly using arsenic trioxide and
its various possible formulations, which I'm convinced will address
important unmet medical needs for patients heavily affected by
certain autoimmune diseases.”
Dr Nicco has already begun to meet and interact
with key global players interested in the development of the global
BioSenic project or targeted therapeutic innovations. BioSenic
wishes her all due success in her new commitments in our
company.
About BioSenic
BioSenic is a biotech company specializing in
the development of clinical assets issued from: (i) the arsenic
trioxide (ATO) platform (with key target indications including
Graft-versus-Host Disease (GvHD), systemic lupus erythematosus
(SLE) and systemic sclerosis (SSc) and (ii), the development of
innovative products to meet unmet needs in immune and autoimmune
diseases. Following a reverse merger in October 2022, BioSenic
combined its strategic positioning and key strengths to develop,
separately and in combination, an entirely new arsenal of various
anti-inflammatory and anti-autoimmune formulations using the
immunomodulatory properties of ATO/oral ATO (OATO) with its
innovative cell therapy platform and strong IP for tissue repair
protection.
BioSenic is based in the Louvain-la-Neuve
Science Park in Mont-Saint-Guibert, Belgium. Further information is
available at http://www.biosenic.com.
About BioSenic technology
platforms
- The ATO platform has immunomodulatory properties with
fundamental effects on the activated cells of the immune system.
One direct application is its use in onco-immunology to treat GvHD
(Graft-versus-Host Disease) in its chronic, established stage.
cGvHD is one of the most common and clinically significant
complications affecting long-term survival of allogeneic
hematopoietic stem cell transplantation (allo-HSCT). BioSenic has
been successful in a phase 2 trial with its intravenous
formulation, which has orphan drug designation status by FDA and
EMA. The company is heading towards an international phase 3
confirmatory study, with its new, IP-protected, OATO formulation.
Another selected target is moderate-to-severe forms of systemic
lupus erythematosus (SLE), using the same oral formulation. ATO has
shown good safety and significant clinical efficacy on several
affected organs (skin, mucosae and the gastrointestinal tract) in
an early phase 2a study. Systemic sclerosis is also part of the
clinical pipeline of BioSenic. This serious chronic disease badly
affects skin, lungs or vascularization, and has no current
effective treatment. Preclinical studies on pertinent animal models
are positive, giving good grounds to launch a phase 2 clinical
protocol.
- ALLOB, an allogeneic cell therapy platform made of
differentiated bone marrow sourced Mesenchymal Stromal Cells
(MSCs), which can be stored at the point of use in hospitals. ALLOB
represents a unique and proprietary approach to organ repair and
specifically to bone regeneration, by turning undifferentiated
stromal cells from healthy donors into bone-forming cells on the
site of injury. After phase 2 clinical results with contradictory
conclusions, BioSenic is now focusing on determining the best time
to optimise the efficacy of ALLOB (between early or late
treatment).
The company is currently focusing its present
R&D and clinical activities on a selective, accelerated
development of its autoimmune (ATO/OATO) platform.
For further information, please
contact:
BioSenic SAFrançois Rieger, PhD,
Chief Executive OfficerTel: +33 (0)671 73 31
59investorrelations@biosenic.com
International Media Enquiries:IB
CommunicationsNeil Hunter / Michelle BoxallTel: +44 (0)20
8943 4685neil.hunter@ibcomms.agency / michelle@ibcomms.agency
For French Investor Enquiries:Seitosei ●
ActifinGhislaine GasparettoTel: +33 (0)1 56 88 11
22ggasparetto@actifin.fr
Certain statements,
beliefs and opinions in this press release are forward-looking,
which reflect the company or, as appropriate, the company
directors’ current expectations and projections about future
events. By their nature, forward-looking statements involve a
number of risks, uncertainties and assumptions that could cause
actual results or events to differ materially from those expressed
or implied by the forward-looking statements. These risks,
uncertainties and assumptions could adversely affect the outcome
and financial effects of the plans and events described herein. A
multitude of factors including, but not limited to, changes in
demand, competition and technology, can cause actual events,
performance or results to differ significantly from any anticipated
development. Forward looking statements contained in this press
release regarding past trends or activities should not be taken as
a representation that such trends or activities will continue in
the future. As a result, the company expressly disclaims any
obligation or undertaking to release any update or revisions to any
forward-looking statements in this press release as a result of any
change in expectations or any change in events, conditions,
assumptions or circumstances on which these forward-looking
statements are based. Neither the company nor its advisers or
representatives nor any of its subsidiary undertakings or any such
person’s officers or employees guarantees that the assumptions
underlying such forward-looking statements are free from errors nor
does either accept any responsibility for the future accuracy of
the forward-looking statements contained in this press release or
the actual occurrence of the forecasted developments. You should
not place undue reliance on forward-looking statements, which speak
only as of the date of this press release.
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