Kadmon Presents Data on New ROCK Inhibitor Clinical Candidate at Anti-Fibrotic Drug Development Summit
29 Novembre 2018 - 3:00PM
Kadmon Holdings, Inc. (NYSE: KDMN) today announced the presentation
of preclinical data supporting the therapeutic potential of
Rho-associated coiled-coil kinase (ROCK) inhibition for the
treatment of fibrotic diseases. The data will be presented today by
Masha Poyurovsky, Ph.D., Vice President of Molecular Signaling at
Kadmon, at the 2nd Annual Anti-Fibrotic Drug Development Summit in
Cambridge, MA.
Kadmon ROCK Inhibitor Platform in
Fibrosis Research conducted by Kadmon and others has
identified ROCK as an integral component in the pathogenesis of
fibrosis. ROCK regulates pro-fibrotic gene transcription, collagen
deposition and fibroblast to myofibroblast differentiation, a
defining feature of fibrosis. Kadmon has developed a portfolio of
ROCK inhibitors in preclinical discovery for the treatment of
fibrotic diseases. Its lead candidate from this program, KD045, has
been shown to attenuate fibrosis and stabilize barrier function in
various in vivo settings, including in models of renal, hepatic and
pulmonary fibrosis. Kadmon plans to submit an Investigational New
Drug (IND) application for KD045 in the second half of 2019.
About Kadmon Holdings, Inc.
Kadmon Holdings, Inc. is a fully integrated
biopharmaceutical company developing innovative product candidates
for significant unmet medical needs. Our product pipeline is
focused on inflammatory and fibrotic diseases.
Forward Looking Statements
This press release contains forward-looking
statements. Such statements may be preceded by the words “may,”
“will,” “should,” “expects,” “plans,” “anticipates,” “could,”
“intends,” “targets,” “projects,” “contemplates,” “believes,”
“estimates,” “predicts,” “potential” or “continue” or the negative
of these terms or other similar expressions. Forward-looking
statements involve known and unknown risks, uncertainties and other
important factors that may cause our actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements. We believe that these factors include,
but are not limited to, (i) the initiation, timing, progress and
results of our preclinical studies and clinical trials, and our
research and development programs; (ii) our ability to advance
product candidates into, and successfully complete, clinical
trials; (iii) our reliance on the success of our product
candidates; (iv) the timing or likelihood of regulatory filings and
approvals; (v) our ability to expand our sales and marketing
capabilities; (vi) the commercialization of our product candidates,
if approved; (vii) the pricing and reimbursement of our product
candidates, if approved; (viii) the implementation of our business
model, strategic plans for our business, product candidates and
technology; (ix) the scope of protection we are able to establish
and maintain for intellectual property rights covering our product
candidates and technology; (x) our ability to operate our business
without infringing the intellectual property rights and proprietary
technology of third parties; (xi) costs associated with defending
intellectual property infringement, product liability and other
claims; (xii) regulatory developments in the United States, Europe
and other jurisdictions; (xiii) estimates of our expenses, future
revenues, capital requirements and our needs for additional
financing; (xiv) the potential benefits of strategic collaboration
agreements and our ability to enter into strategic arrangements;
(xv) our ability to maintain and establish collaborations or obtain
additional grant funding; (xvi) the rate and degree of market
acceptance of our product candidates; (xvii) developments relating
to our competitors and our industry, including competing therapies;
(xviii) our ability to effectively manage our anticipated growth;
(xix) our ability to attract and retain qualified employees and key
personnel; (xx) our ability to achieve cost savings and other
benefits from our efforts to streamline our operations and to not
harm our business with such efforts; (xxi) the use of proceeds from
our recent public offerings; (xxii) the potential benefits of any
of our product candidates being granted orphan drug designation;
(xxiii) the future trading price of the shares of our common stock
and impact of securities analysts’ reports on these prices; and/or
(xxiv) other risks and uncertainties. More detailed information
about Kadmon and the risk factors that may affect the realization
of forward-looking statements is set forth in the Company’s filings
with the U.S. Securities and Exchange Commission (the “SEC”),
including the Company’s Annual Report on Form 10-K for the fiscal
year ended December 31, 2017 and the Company’s Quarterly Report on
Form 10-Q filed pursuant to Section 13 of the Securities Exchange
Act of 1934, as amended, with the SEC on November 9, 2018.
Investors and security holders are urged to read these documents
free of charge on the SEC’s website at www.sec.gov. The Company
assumes no obligation to publicly update or revise its
forward-looking statements as a result of new information, future
events or otherwise.
Contact InformationEllen Cavaleri, Investor
Relations646.490.2989ellen.cavaleri@kadmon.com
Kadmon (NYSE:KDMN)
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