CERo Therapeutics, Inc. Provides Corporate Update for Shareholders
15 Mai 2024 - 2:00PM
CERo Therapeutics Holdings, Inc., (Nasdaq:CERO) (“CERo”) an
innovative immunotherapy company seeking to advance the next
generation of engineered T cell therapeutics that employ phagocytic
mechanisms, provides shareholders with a corporate update reviewing
activities since its entering the public market.
CERo Chairman and CEO Brian G. Atwood comments, “CERo has
undergone significant transformation since the founding of this
small private company dedicated to exploring the potential of
engineered T cells, to a merger with SPAC Phoenix Biotech
Acquisition Corporation, with multiple preclinical milestones along
the way. The June 2023 initiation of the merger, followed by
the February 2024 de-SPAC has positioned the Company as an
operating Nasdaq-traded entity, which we believe has been in the
highest interest of all our various shareholders. In the
meantime we have been diligently completing the pre-clinical
studies and documentation tasks necessary to initiate clinical
trials after acceptance of an Investigational New Drug Application
with the FDA.
“In March 2024, we announced the publication of
“Therapeutic Targeting of TIM-4-L With Engineered T Cells for Acute
Myeloid Leukemia” in Clinical Cancer Research, a journal of the
American Association for Cancer Research. The paper is a
composite of preclinical studies analyzing what we established as
our lead clinical candidate CER-1236 in targeting Acute Myelogenous
Leukemia (AML) tumor cells from human patients, and the candidate’s
killing effects on these tumor cells. These outcomes
are a snapshot of a previous paper the Company published in May
2023, “Chimeric TIM-4 receptor-modified T cells targeting
phosphatidylserine mediates both cytotoxic antitumor responses and
phagocytic uptake of tumor associated antigen for T cell
cross-presentation.” Published in Molecular Therapy, this was
the first published review of our mechanism of action, for which
the subsequent paper provided additional evidence in another
cancer, AML.
“We are now diligently completing our IND-enabling work, from
toxicology studies to completing manufacturing runs to meet cGMP
standards, all in the interest of submitting an application to the
FDA in the near term. The additional studies will also likely
result in submissions to peer reviewed venues such as medical
conferences and publications to help gain additional validation of
this extensive work. We anticipate providing status updates
to our shareholders, including presentations at upcoming investor
conferences, potential growth of our intellectual property
portfolio, and progress on other programs beyond AML, as it is made
and through other methods of communication, as appropriate.
In the meantime, we remain grateful to our shareholders and to the
scientific community for its embrace of what we believe is game
changing science with significant potential to alter the way we
treat cancer,” concluded Mr. Atwood.
About CERo Therapeutics, Inc.CERo is an
innovative immunotherapy company advancing the development of next
generation engineered T cell therapeutics for the treatment of
cancer. Its proprietary approach to T cell engineering, which
enables it to integrate certain desirable characteristics of both
innate and adaptive immunity into a single therapeutic construct,
is designed to engage the body’s full immune repertoire to achieve
optimized cancer therapy. This novel cellular immunotherapy
platform is expected to redirect patient-derived T cells to
eliminate tumors by building in engulfment pathways that employ
phagocytic mechanisms to destroy cancer cells, creating what CERo
refers to as Chimeric Engulfment Receptor T cells (“CER-T”). CERo
believes the differentiated activity of CER-T cells will afford
them greater therapeutic application than currently approved
chimeric antigen receptor (“CAR-T”) cell therapy, as the use of
CER-T may potentially span both hematological malignancies and
solid tumors. CERo anticipates initiating clinical trials for its
lead product candidate, CER-1236, in 2024 for hematological
malignancies.
Forward-Looking StatementsThis communication
contains statements that are forward-looking and as such are not
historical facts. This includes, without limitation, statements
regarding the financial position, business strategy and the plans
and objectives of management for future operations of CERo. These
statements constitute projections, forecasts and forward-looking
statements, and are not guarantees of performance. Such statements
can be identified by the fact that they do not relate strictly to
historical or current facts. When used in this communication, words
such as “anticipate,” “believe,” “continue,” “could,” “estimate,”
“expect,” “intend,” “may,” “might,” “plan,” “possible,”
“potential,” “predict,” “project,” “should,” “strive,” “would” and
similar expressions may identify forward-looking statements, but
the absence of these words does not mean that a statement is not
forward-looking. When CERo discusses its strategies or plans, it is
making projections, forecasts or forward-looking statements. Such
statements are based on the beliefs of, as well as assumptions made
by and information currently available to, CERo’s management.
Actual results could differ from those implied by the
forward-looking statements in this communication. Certain risks
that could cause actual results to differ are set forth in CERo’s
filings with the Securities and Exchange Commission, including its
Annual Report on Form 10-K, filed on April 2, 2024, and the
documents incorporated by reference therein. The risks described in
CERo’s filings with the Securities and Exchange Commission are not
exhaustive. New risk factors emerge from time to time and it is not
possible to predict all such risk factors, nor can CERo assess the
impact of all such risk factors on its business, or the extent to
which any factor or combination of factors may cause actual results
to differ materially from those contained in any forward-looking
statements. Forward-looking statements are not guarantees of
performance. You should not put undue reliance on these statements,
which speak only as of the date hereof. All forward-looking
statements made by CERo or persons acting on its behalf are
expressly qualified in their entirety by the foregoing cautionary
statements. CERo undertakes no obligation to update or revise
publicly any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by
law.
Contact: Brian Atwood Chief Executive Officer
batwood@cero.bio
Investors:CORE IRinvestors@cero.bio
CERo Therapeutics (NASDAQ:CERO)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
CERo Therapeutics (NASDAQ:CERO)
Historical Stock Chart
Von Dez 2023 bis Dez 2024