NurExone Biologic Inc. (TSXV: NRX) (OTCQB: NRXBF) (FSE: J90)
(“NurExone” or the “Company”) is pleased to announce that it has
been selected to present at MIXiii 2025, Israel’s premier Health
Tech conference, organized by the Israeli Advanced Technology
Industries. NurExone will participate in a special session,
Innovation in Ophthalmology, showcasing cutting-edge advancements
in vision-related healthcare technology.
At the conference, NurExone will present
preclinical results demonstrating significant optic nerve
regeneration – a promising treatment pathway for glaucoma and other
eye diseases. The presentation will take place during the Pharma
Company Presentations session, moderated by Tarsier Pharma,
alongside leading biotech companies, which includes: OptiMedRx,
Galimedix, Ocuvia, and Everads Therapy. The preclinical study,
conducted at Tel Hashomer’s Goldschleger Eye Institute, was led by
Prof. Michael Belkin, Dr. Ifat Sher and Prof. Ygal
Rotenstreich.
In addition, at MIXiii 2025, Professor Belkin
will be honoured as a recipient of the Lifetime Achievement Award
in recognition of his pioneering contributions to ophthalmic
innovation and medical technology. A key scientific advisory board
member and collaborator at NurExone, Professor Belkin is also the
inventor of the Belkin Vision technology, which was recently
acquired by Alcon in a deal valued at up to $466 million.
NurExone is further advancing its glaucoma
research with the launch of a new preclinical study using its lead
product, ExoPTEN, on a large group of small animals. This study
aims to replicate and expand upon the positive results observed in
previously announced preclinical research further exploring
ExoPTEN’s potential in neurodegenerative eye disease treatment.
"The potential of ExoPTEN for ophthalmology is
truly exciting," said Professor Belkin. "Advancing this research
could open new doors for treating neurodegenerative eye diseases
that are currently untreatable, and I’m thrilled to support
NurExone in this groundbreaking work."
“MIXiii is an incredible platform to showcase
NurExone’s groundbreaking work in regenerative medicine and our
vision for revolutionizing treatment of certain eye diseases,” said
Dr. Lior Shaltiel, CEO of NurExone Biologic. “We are also proud to
celebrate Professor Belkin’s extraordinary contributions. His
lifelong dedication to medical innovation continues to inspire and
drive progress in the field. We are honoured to have him as an
investor, collaborator, and professional consultant.”
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, both
multi-billion-dollar marketsi. 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 attendance and presentation at MIXiii 2025; the
proposed attendees at the conference; the results of the Company’s
preclinical trials and its suggestion as a treatment pathway for
glaucoma; Professor Belkin being honoured at the conference; the
Company launching a new preclinical study with the proposed study
parameters and goals; the Company revolutionizing treatment of
certain eye diseases; the Company’s future plans and expectations;
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 attend and present at
MIXiii 2025; the proposed attendees will attend the conference; the
Company will carry out its preclinical trials and realize upon the
stated benefits of the preclinical trials and such clinical trials
will have the intended results; Professor Belkin will be honoured
at the conference; the Company’s new preclinical study will have
the proposed study parameters and goals; the Company will
revolutionize treatment of certain eye diseases; the Company will
continue to succeed; 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 preclinical trials and realize
upon the stated benefits of the preclinical trials; the inability
of the Company to fulfill its intended future plans and
expectations; the Company being unable to attend and/or
present at MIXiii 2025; the proposed attendees not attending the
conference; Professor Belkin not being honoured at the conference;
the Company’s new preclinical study will not have the proposed
study parameters and/or goals; the Company being unable to
revolutionize treatment of certain eye diseases; 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 Spinal cord injury,
Glaucoma
Nurexone Biologic (TSXV:NRX)
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