Windtree Therapeutics Announces Virtual Investor Day Presentation on October 1 at 3pm ET
September 26 2024 - 4:05PM
Windtree Therapeutics, Inc. (“Windtree” or the “Company”)
(NasdaqCM: WINT), a biotechnology company focused on advancing
early and late-stage innovative therapies for critical conditions
and diseases, today announced it will hold a virtual Investor Day
Presentation on October 1 at 3pm ET.
The Investor Day will present the new positive topline results
of the Phase 2b SEISMiC Extension Study of istaroxime in early
cardiogenic shock, istaroxime cardiogenic shock opportunity and the
Company’s strategy going forward, including planned near-term
milestones. Joining the management team will be Alexandre Mebazaa,
MD, PhD, Professor at the Hospital Lariboisière, Paris, France, who
is a global expert in cardiogenic shock and heart failure. There
will be a Q&A session following the presentation.
The Investor Day will be held on October 1 at 3pm ET on Zoom and
investors can register at this address:
https://lifescievents.com/event/windtreetx/.
Early cardiogenic shock is characterized by low blood pressure
and the patient is at risk of developing inadequate blood flow to
vital organs. Istaroxime is a novel first-in-class therapy that is
designed to improve systolic contraction and diastolic relaxation
of the heart while also increasing blood pressure and maintaining
or improving renal function. It has been studied in four positive
Phase 2 trials enrolling patients with acute heart failure and
early cardiogenic shock.
About IstaroximeIstaroxime is a first-in-class
dual-mechanism therapy designed to improve both systolic and
diastolic cardiac function. Istaroxime is a positive inotropic
agent that increases myocardial contractility through inhibition of
Na+/K+- ATPase with a complimentary mechanism that facilitates
myocardial relaxation through activation of the SERCA2a calcium
pump on the sarcoplasmic reticulum enhancing calcium reuptake from
the cytoplasm. Data from multiple Phase 2 studies in patients with
early cardiogenic shock or acute decompensated heart failure
demonstrate that istaroxime infused intravenously significantly
improves cardiac function and blood pressure without increasing
heart rate or the incidence of cardiac rhythm disturbances.
About Windtree Therapeutics, Inc.Windtree
Therapeutics, Inc. is a biotechnology company focused on advancing
early and late-stage innovative therapies for critical conditions
and diseases. Windtree’s portfolio of product candidates includes
istaroxime, a Phase 2 candidate with SERCA2a activating properties
for acute heart failure and associated cardiogenic shock,
preclinical SERCA2a activators for heart failure and preclinical
precision aPKCi inhibitors that are being developed for potential
in rare and broad oncology applications. Windtree also has a
licensing business model with partnership out-licenses currently in
place.
Forward Looking StatementsThis press release
contains forward-looking statements within the meaning of The
Private Securities Litigation Reform Act of 1995. The Company may,
in some cases, use terms such as “predicts,” “believes,”
“potential,” “proposed,” “continue,” “estimates,” “anticipates,”
“expects,” “plans,” “intends,” “may,” “could,” “might,” “will,”
“should” or other words that convey uncertainty of future events or
outcomes to identify these forward-looking statements. Such
statements are based on information available to the Company as of
the date of this press release and are subject to numerous
important factors, risks and uncertainties that may cause actual
events or results to differ materially from the Company’s current
expectations. Examples of such risks and uncertainties include,
among other things: the Company’s ability to secure significant
additional capital as and when needed; the Company’s ability to
achieve the intended benefits of the aPKCi asset acquisition with
Varian Biopharmaceuticals, Inc.; the Company’s risks and
uncertainties associated with the success and advancement of the
clinical development programs for istaroxime and the Company’s
other product candidates, including preclinical oncology
candidates; the Company’s ability to access the debt or equity
markets; the Company’s ability to manage costs and execute on its
operational and budget plans; the results, cost and timing of the
Company’s clinical development programs, including any delays to
such clinical trials relating to enrollment or site initiation;
risks related to technology transfers to contract manufacturers and
manufacturing development activities; delays encountered by the
Company, contract manufacturers or suppliers in manufacturing drug
products, drug substances, and other materials on a timely basis
and in sufficient amounts; risks relating to rigorous regulatory
requirements, including that: (i) the U.S. Food and Drug
Administration or other regulatory authorities may not agree with
the Company on matters raised during regulatory reviews, may
require significant additional activities, or may not accept or may
withhold or delay consideration of applications, or may not approve
or may limit approval of the Company’s product candidates, and (ii)
changes in the national or international political and regulatory
environment may make it more difficult to gain regulatory approvals
and risks related to the Company’s efforts to maintain and protect
the patents and licenses related to its product candidates; risks
that the Company may never realize the value of its intangible
assets and have to incur future impairment charges; risks related
to the size and growth potential of the markets for the Company’s
product candidates, and the Company’s ability to service those
markets; the Company’s ability to develop sales and marketing
capabilities, whether alone or with potential future collaborators;
the rate and degree of market acceptance of the Company’s product
candidates, if approved; the economic and social consequences of
the COVID-19 pandemic and the impacts of political unrest,
including as a result of geopolitical tension, including the
conflict between Russia and Ukraine, the People’s Republic of China
and the Republic of China (Taiwan), and the evolving events in
Israel and Gaza, and any sanctions, export controls or other
restrictive actions that may be imposed by the United States and/or
other countries which could have an adverse impact on the Company’s
operations, including through disruption in supply chain or access
to potential international clinical trial sites, and through
disruption, instability and volatility in the global markets, which
could have an adverse impact on the Company’s ability to access the
capital markets. These and other risks are described in the
Company’s periodic reports, including its Annual Report on Form
10-K, Quarterly Reports on Form 10-Q and Current Reports on Form
8-K, filed with or furnished to the Securities and Exchange
Commission and available at www.sec.gov. Any forward-looking
statements that the Company makes in this press release speak only
as of the date of this press release. The Company assumes no
obligation to update forward-looking statements whether as a result
of new information, future events or otherwise, after the date of
this press release.
Contact Information:Eric
Curtisecurtis@windtreetx.com
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