CERo Therapeutics, Inc. Successfully Completes IND-Enabling Toxicology Studies for Lead Compound CER-1236
June 06 2024 - 8:00AM
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, announces the successful completion of toxicology
studies for its lead compound, CER-1236. The toxicology
studies will be included in the Investigational New Drug
Application (IND) package the Company plans to send to the U.S.
Food and Drug Administration (FDA) in order to receive clearance to
begin human trials (Phase1) with the compound.
CERo Chairman and CEO Brian G. Atwood comments, “We continue to
diligently work toward the completion of our IND package for the
FDA for CER-1236. Having completed these toxicology studies,
we are edging closer to being ready to submit our application to
the FDA to begin human Phase 1 trials. We believe CER-1236
represents a truly novel approach toward killing cancer, and we are
anticipating completion of the elements for the package in the
coming weeks. We look forward to continuing to update our
shareholders on our progress, where appropriate.”
With these toxicology studies complete and in the Company’s
judgment determined to be IND-enabling, CERo is now focusing on
ensuring compliant manufacturing procedures and practices, which
are among the final IND-enabling studies the Company must complete
ahead of the IND submission.
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
From Oct 2024 to Nov 2024
CERo Therapeutics (NASDAQ:CERO)
Historical Stock Chart
From Nov 2023 to Nov 2024