Probiodrug to present data on its Anti-pGlu-3 Abeta monoclonal Antibody at the 12th International Conference on Alzheimer’s and Parkinson’s Diseases (AD/PDTM 2015), Nice
Probiodrug reports full year 2014 financial results
HALLE/SAALE, Germany, 24 March 2015 – Probiodrug AG (Euronext Amsterdam: PBD), a biopharmaceutical company developing novel therapeutic solutions to treat Alzheimer’s disease, announces that Dr Hendrik Liebers, CFO of Probiodrug, is scheduled to present at the following events:
(1) BioCapital Europe 2015 on Thursday, March 26th 2015 at 10.40 am CET, Amsterdam
The conference will be held at the hotel Sofitel Legend The Grand Amsterdam, Netherlands. Organised by Life Sciences Partners (LSP), BioCapital is now in its 13th consecutive year. The event is Europe’s premier life sciences investment conference, offering VCs and Institutional Investors access to more than 40 exciting biotech companies from the Benelux and Europe.
(2) Swiss Biotech Day 2015 on Tuesday, April 14th 2015 at 1.30 pm CET, Basel
The event is one of the leading biotechnology conferences in Switzerland. The Swiss Biotech Day brings together more than 400 senior executives from the life science industry across Europe. The programme includes key notes from renowned industry experts, the presentation of the Swiss biotech report, and the annual general assembly of the Swiss Biotech Association.
For more information please contact:
Dr Konrad Glund, CEO
Mary Clark, Supriya Mathur, Hollie Vile
Tel: +44 (0) 203 440 5653
Notes to Editors:
About Probiodrug AG
Headquartered in Halle, Germany, Probiodrug AG (Euronext Amsterdam: PBD) is a biopharmaceutical company focused on the development of new therapeutic products for the treatment of Alzheimer’s disease.
Founded in 1997, the company successfully developed a novel therapeutic concept for diabetes – the DP4 inhibitors – which provided the basis for a novel class of antidiabetics – the gliptins. Its core capabilities are based on its long-standing expertise in the elucidation of the structure and function of enzymes involved in the modification of proteins and peptides, which play a central role in pathological conditions.
Today Probiodrug’s aim is to become a leading company in the development of Alzheimer’s disease treatments and to thereby provide a better life for Alzheimer’s disease patients. It has identified a new therapeutic concept linked to disease initiation and progression. The development approaches are targeting pyroglutamate-Abeta (pGlu-Abeta) as a therapeutic strategy to fight Alzheimer’s disease. The Company has medical use and composition of matter patents related to the inhibition of Glutaminyl Cyclase (QC) and anti-pGlu-Abeta- specific monoclonal antibodies, providing it, in the Company’s view, with a leading position in this field of research. www.probiodrug.de
About Alzheimer’s disease
Alzheimer’s disease is a neurological disorder, which is the most common form of dementia, and ultimately leads to death. Because Alzheimer’s disease cannot be cured and is degenerative, the affected patients must increasingly rely on others for assistance. Today, over 35 million people worldwide currently live with the condition and this number is expected to double by 2030 and to more than triple by 2050 to 115 million (World Alzheimer Report 2013).
Forward Looking Statements
Information set forth in this press release contains forward-looking statements, which involve a number of risks and uncertainties. The forward-looking statements contained herein represent the judgment of Probiodrug AG as of the date of this press release. Such forward-looking statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, and which could cause actual results to differ materially from those contemplated in these forward-looking statements. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based.