SAB Biotherapeutics, Inc. (Nasdaq: SABS), (“SAB” or the
“Company”), a clinical-stage biopharmaceutical company with a novel
immunotherapy platform that is developing human anti-thymocyte
immunoglobulin (hIgG) for delaying the onset or progression of type
1 diabetes (T1D), today announced their Chief Medical Officer, Dr.
Alexandra Kropotova, MD, MBA will share an overview of the SAB-142
clinical development plan and anticipated milestones at the INNODIA
Annual Meeting in Leuven, Belgium on April 11, 2024. SAB will be
featured as a key partner at the upcoming global T1D meeting.
INNODIA accelerates the development of disease modifying
therapies for T1D by supporting medicine developers with the
following services: teams of leading experts to advise medicine
developers; a best-in-class network of accredited clinical trial
sites in Europe; a gateway to top notch professionals and research
labs working on T1D; and access to a qualified community of
people and families living with T1D.
INNODIA Managing Director Manuela Battaglia, Ph.D, said of the
partnership, “SAB-142 is an exciting therapy in development, and we
are optimistic about partnership opportunities for upcoming
clinical trials with this novel agent. Our partnership will provide
SAB – as with all our partners – access to our network of clinical
trial sites and T1D experts as we work together to accelerate this
important therapy.”
“INNODIA has been an exceptional partner as we move our SAB-142
development plan forward,” noted Dr. Kropotova. “There is urgent
and unmet global need for disease-modifying autoimmune therapies
that address the underlying cause of disease, and we look forward
to working with INNODIA’s network of clinicians and scientists as
we advance SAB-142 and work to delay the progression of type 1
diabetes.”
Dr. Kropotova’s presentation will highlight the latest
developments and upcoming milestones from the company’s lead
clinical program, SAB-142, a novel biologic being developed for
delaying onset and progression of Type 1 diabetes in adults and
children.
About INNODIA
INNODIA is the largest European Network dedicated to
preventing and curing type 1 diabetes (T1D) and represents the
point of contact between those who want to develop new therapies
and those who have the tools and experience to do so. With the aim
of spurring transformational innovation in T1D, INNODIA provides
full support to SMEs, biotechs, and other entities that might
otherwise not invest in T1D R&D due to high
barriers to entry and low returns (www.innodia.org). INNODIA
convenes entities often with different incentives but united in the
desire to address the same unifying unmet medical need: the lack of
definitive cures for people living with type 1 diabetes.
About SAB Biotherapeutics, Inc.
SAB Biotherapeutics (SAB) is a clinical-stage biopharmaceutical
company focused on developing human, multi- targeted, high-potency
immunoglobulins (IgGs), without the need for human donors or
convalescent plasma, to treat and prevent immune and autoimmune
disorders. The Company’s lead asset, SAB-142, targets type 1
diabetes (T1D) with a disease-modifying therapeutic approach that
aims to change the treatment paradigm by delaying onset and
potentially preventing disease progression. Using advanced genetic
engineering and antibody science to develop Transchromosomic (Tc)
Bovine™, the only transgenic animal with a human artificial
chromosome, SAB’s DiversitAb™ drug development production system is
able to generate a diverse repertoire of specifically targeted,
high-potency, human IgGs that can address a wide range of serious
unmet needs in human diseases without the need for convalescent
plasma or human donors. For more information on SAB, visit:
https://www.SAB.bio/ and follow SAB on Twitter and LinkedIn.
Forward-Looking Statements
Certain statements made herein that are not historical facts are
forward-looking statements for purposes of the safe harbor
provisions under The Private Securities Litigation Reform Act of
1995. Forward-looking statements generally are accompanied by words
such as “believe,” “may,” “will,” “to be,” “estimate,” “continue,”
“anticipate,” “intend,” “expect,” “should,” “would,” “plan,”
“predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and
similar expressions that predict or indicate future events or
trends or that are not statements of historical matters. These
forward-looking statements include, but are not limited to,
statements regarding future events, including the development and
efficacy of our T1D program, and other discovery programs, the
closing of each tranche of the Company’s previously announced
private placement offering, the timely funding to the Company by
each investor in the private placement offering, financial
projections and future financial and operating results (including
estimated cost savings and cash runway), the outcome of and
potential future government, and other third-party collaborations
or funded programs.
These statements are based on the current expectations of SAB
and are not predictions of actual performance, and are not intended
to serve as, and must not be relied on, by any investor as a
guarantee, prediction, definitive statement, or an assurance, of
fact or probability. These statements are only current predictions
or expectations, and are subject to known and unknown risks,
uncertainties and other factors which may be beyond our control.
Actual events and circumstances are difficult or impossible to
predict, and these risks and uncertainties may cause our or our
industry’s results, performance, or achievements to be materially
different from those anticipated by these forward-looking
statements. A further description of risks and uncertainties can be
found in the sections captioned “Risk Factors” in our most recent
annual report on Form 10-K, subsequent quarterly reports on Form
10-Q, each as may be amended or supplemented from time to time, and
other filings with or submissions to, the U.S. Securities and
Exchange Commission, which are available
at https://www.sec.gov/. Except as otherwise required by law,
SAB disclaims any intention or obligation to update or revise any
forward-looking statements, which speak only as of the date they
were made, whether as a result of new information, future events,
or circumstances or otherwise.
CONTACTS
Media Relations:khollon@sab.bio
Investor
Relations:matt@milestone-advisorsllc.com
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