via IBN – Longeveron Inc. (NASDAQ: LGVN), a clinical-stage
biotechnology company developing regenerative medicines to address
unmet medical needs for specific aging-related and life-threatening
conditions, today announced it has selected the corporate
communications expertise of IBN, a multifaceted financial news and
publishing company for private and public entities, to assist with
its investor communications.
Longeveron’s research and therapies are aimed at improving the
outcome of infants born with a life-threatening heart condition, as
well as improving the healthspan for the aging population – the
number of years a person is expected to live in relatively good
health, free of chronic disease and disabilities of aging, with
function and ability to perform activities of daily living. The
Company is involved in clinical trials in the following
indications: Hypoplastic left heart syndrome (HLHS), Alzheimer’s
disease and Aging-related Frailty.
Longeveron’s lead investigational product is Lomecel-B™, an
allogeneic Medicinal Signaling Cell therapy product isolated from
the bone marrow of young, healthy adult donors. As humans age, they
experience a decrease in immune system function, a decline in blood
vessel functioning, chronic inflammation and other issues. Clinical
data has suggested that Lomecel-B™ may address these conditions
through multiple mechanisms of action (MOA) that simultaneously
target key aging-related processes.
As part of the Client Partner relationship, IBN will leverage
its investor based distribution network of 5,000+ key syndication
outlets, various newsletters, social media channels, wire services
via InvestorWire, blogs and other outreach tools to generate
greater awareness for Longeveron.
With 17+ years of experience assisting 500+ client partners
improve communications within the investment community, and a
sizable family of 60+ trusted brands, IBN has amassed a collective
audience that includes millions of social media followers. IBN is
uniquely positioned to provide Longeveron the solutions needed to
reach a wide audience of investors, journalists and the general
public.
“While there has been a remarkable rise in life expectancy over
the last century due to medical and public health advancements,
this increase in longevity has not been paralleled by the number of
years a person is expected to live in relatively good health, free
of chronic disease and disabilities of aging,” stated Chris
Johnson, Director of Operations for IBN. “We’re excited to
customize our comprehensive suite of corporate communications
solutions for Longeveron as it works to address this unmet medical
need through its clinical pipeline, including the expected release
of top-line results from its Phase 2a CLEAR MIND trial of
Lomecel-B™ for the treatment of Alzheimer’s disease in the coming
weeks.”
To learn more about Longeveron, please visit the company’s
corporate newsroom @ https://IBN.fm/LGVN
About Longeveron Inc.
Longeveron is a clinical stage biotechnology company developing
regenerative medicines to address unmet medical needs. The
Company’s lead investigational product is Lomecel-B™, an allogeneic
medicinal signaling cell (MSC) therapy product isolated from the
bone marrow of young, healthy adult donors. Lomecel-B™ has multiple
potential mechanisms of action encompassing pro-vascular,
pro-regenerative, anti-inflammatory and tissue repair and healing
effects with broad potential applications across a spectrum of
disease areas. Longeveron is currently advancing Lomecel-B™ through
clinical trials in three indications: hypoplastic left heart
syndrome (HLHS), Alzheimer’s disease and Aging-related Frailty.
For more information, visit the company’s website at
www.Longeveron.com
About IBN
IBN consists of financial brands introduced to the investment
public over the course of 17+ years. With IBN, we have amassed a
collective audience of millions of social media followers. These
distinctive investor brands aim to fulfill the unique needs of a
growing base of client-partners. IBN will continue to expand our
branded network of highly influential properties, leveraging the
knowledge and energy of specialized teams of experts to serve our
increasingly diversified list of clients.
Through our Dynamic Brand Portfolio (DBP), IBN provides: (1)
access to a network of wire solutions via InvestorWire to reach all
target markets, industries and demographics in the most effective
manner possible; (2) article and editorial syndication to 5,000+
news outlets; (3) Press Release Enhancement to ensure maximum
impact; (4) full-scale distribution to a growing social media
audience; (5) a full array of corporate communications solutions;
and (6) total news coverage solutions.
For more information, please visit
https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the
InvestorBrandNetwork website applicable to all content provided by
IBN, wherever published or re-published:
http://IBN.fm/Disclaimer
Forward-Looking Statements
Certain statements in this press release that are not historical
facts are forward-looking statements made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995, which reflect management's current expectations,
assumptions, and estimates of future operations, performance and
economic conditions, and involve risks and uncertainties that could
cause actual results to differ materially from those anticipated by
the statements made herein. Forward-looking statements are
generally identifiable by the use of forward-looking terminology
such as "believe," "expects," "may," "looks to," "will," "should,"
"plan," "intend," "on condition," "target," "see," "potential,"
"estimates," "preliminary," or "anticipates" or the negative
thereof or comparable terminology, or by discussion of strategy or
goals or other future events, circumstances, or effects. Factors
that could cause actual results to differ materially from those
expressed or implied in any forward-looking statements in this
release include, but are not limited to, statements regarding the
offer and sale of securities, the terms of the offering, about the
ability of Longeveron’s clinical trials to demonstrate safety and
efficacy of the Company’s product candidates, and other positive
results; the timing and focus of the Company’s ongoing and future
preclinical studies and clinical trials and the reporting of data
from those studies and trials; the size of the market opportunity
for the Company’s product candidates, including its estimates of
the number of patients who suffer from the diseases being targeted;
the success of competing therapies that are or may become
available; the beneficial characteristics, safety, efficacy and
therapeutic effects of the Company’s product candidates; the
Company’s ability to obtain and maintain regulatory approval of its
product candidates in the U.S., Japan and other jurisdictions; the
Company’s plans relating to the further development of its product
candidates, including additional disease states or indications it
may pursue; the Company’s plans and ability to obtain or protect
intellectual property rights, including extensions of existing
patent terms where available and its ability to avoid infringing
the intellectual property rights of others; the need to hire
additional personnel and the Company’s ability to attract and
retain such personnel; the Company’s estimates regarding expenses,
future revenue, capital requirements and needs for additional
financing; the Company’s need to raise additional capital, and the
difficulties it may face in obtaining access to capital, and the
dilutive impact it may have on its investors; the Company’s
financial performance and ability to continue as a going concern,
and the period over which it estimates its existing cash and cash
equivalents will be sufficient to fund its future operating
expenses and capital expenditure requirements. Additionally,
Longeveron makes no assurance that any public offering of its
securities as described herein will occur on the timelines, in the
manner or on the terms anticipated due to numerous factors. Further
information relating to factors that may impact the Company's
results and forward-looking statements are disclosed in the
Company's filings with the Securities and Exchange Commission,
including Longeveron’s Annual Report on Form 10-K for the year
ended December 31, 2022, filed with the Securities and Exchange
Commission on March 14, 2023 and its Quarterly Report on Form 10-Q
for the second quarter of 2023 filed with the SEC on August 11,
2023. The forward-looking statements contained in this press
release are made as of the date of this press release, and the
Company disclaims any intention or obligation, other than imposed
by law, to update or revise any forward-looking statements, whether
as a result of new information, future events, or otherwise.
Corporate Communications
IBNLos Angeles,
Californiawww.InvestorBrandNetwork.com310.299.1717
OfficeEditor@InvestorBrandNetwork.com
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