Genenta’s CEO to present at the U.S. Senate meeting on “Cross-Border Investments and Strategies in the Biotechnology Sector: A Transatlantic Perspective”
October 23 2024 - 7:00AM
Genenta Science (NASDAQ: GNTA), a pioneer in immuno-oncology and in
cell-based therapeutics, is pleased to announce that Pierluigi
Paracchi, CEO, will attend as a speaker to the Italy-U.S. meeting
“Cross-Border Investments and Strategies in the
Biotechnology Sector: A Transatlantic Perspective”
scheduled at 2.00 PM on
October
25th, 2024 at
the
U.S. Senate - Washington, D.C.
The event is organized by the
U.S. National Security
Commission on Emerging Biotechnology (NSCEB) and
the
Italian Embassy in the U.S.
The upcoming mission to Washington, D.C. is
part of the strategic plan of the Italian Working Group on
the Internationalization of the Biotech Sector (NWTIB)
established by the Deputy Prime Minister and Minister of Foreign
Affairs Antonio Tajani. Pierluigi Paracchi, as a moderator of the
NWTIB, will present the recently released Interim Report (full
report in English HERE).
Keynote
Speakers:Michelle Rozo, Vice Chair of the
National Security Commission on Emerging Biotechnology
(NSCEB)Mariangela Zappia, Ambassador of Italy to
the U.S.Megan Frisk, Ph.D., Director Division of
lnternational Affairs at the Advanced Research Projects Agency for
Health (ARPA-H)Mauro Battocchi, Director General
for the Promotion of ltaly at the ltalian Ministry of Foreign
Affairs Pierluigi Paracchi, CEO and Co-founder of
Genenta Science (Nasdaq: GNTA) Patrick
Soon-Shiong, M.D., Chairman of Chan Soon-Shiong Family
Foundation, Executive Chairman of ImmunityBio, Executive Chairman
of California Times Andrea llly, Chair at
lllycaffè
From the CEO's Desk: Pierluigi
Paracchi stated: “With the pandemic, biotechnologies
have been elevated to strategic technologies by leading global
nations. Italy, with its rich scientific heritage, must ensure that
these innovations are rapidly and concretely applied, while
preserving them as national assets. At the same time, the
internationalization of the sector, collaboration with partner
countries, and the attraction of foreign investments are crucial
for ensuring competitive growth. Government investment agencies
should focus on strategic operations of a competitive scale,
aligning with the international standards of countries already
leading the sector.”
About Genenta and
TemferonGenenta (www.genenta.com) is a clinical-stage
biotechnology company engaged in the development of a proprietary
hematopoietic stem cell therapy for the treatment of a variety of
solid tumor cancers. Temferon™ is based on ex-vivo gene transfer
into autologous Tie2+ hematopoietic stem/progenitor cells (HSPCs)
to deliver immunomodulatory molecules directly via
tumor-infiltrating monocytes/macrophages (Tie2 Expressing Monocytes
- TEMs). Temferon is currently under investigation in a clinical
trial for newly diagnosed Glioblastoma Multiforme patients with an
unmethylated MGMT gene promoter (uMGMT-GBM) and expects to commence
a Phase 1 clinical trial for metastatic Renal Cell Carcinoma
(mRCC). Temferon is designed to reach solid tumors, induce a
durable immune response not restricted to pre-selected tumor
antigens nor type, and avoid systemic toxicity, which are some of
the main unresolved challenges in immuno-oncology.
Forward-Looking
StatementsStatements in this press release contain
“forward-looking statements,” within the meaning of the U.S.
Private Securities Litigation Reform Act of 1995, that are subject
to substantial risks and uncertainties. All statements, other than
statements of historical fact, contained in this press release are
forward-looking statements. Forward-looking statements contained in
this press release may be identified by the use of words such as
“anticipate,” “believe,” “contemplate,” “could,” “estimate,”
“expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,”
“predict,” “project,” “suggest,” “target,” “aim,” “should,” "will,”
“would,” or the negative of these words or other similar
expressions, although not all forward-looking statements contain
these words. Forward-looking statements are based on Genenta’s
current expectations and are subject to inherent uncertainties,
risks and assumptions that are difficult to predict, including
risks related to the completion and timing of its ongoing clinical
trial for newly diagnosed GBM patients with uMGMT-GBM, its expected
clinical trial for metastatic RCC or any related studies, as well
as Genenta’s ability to fund its research and development plans.
Further, certain forward-looking statements are based on
assumptions as to future events that may not prove to be accurate.
These and other risks and uncertainties are described more fully in
the section titled “Risk Factors” in Genenta's Annual Report on
Form 20-F for the year ended December 31, 2023 filed with the
Securities and Exchange Commission. Forward-looking statements
contained in this announcement are made as of the date of this
announcement, and Genenta undertakes no duty to update such
information except as required under applicable law.
Genenta MediaTiziana Pollio, Mobile: +39 348 23 15
143Email: tiziana.pollio@genenta.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/0eb35962-e4cc-415b-8ed7-30daa2c62281
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