OS Therapies Forms Subsidiary OS Drug Conjugates and Initiates Review of Strategic Options for its tunable ADC & Drug Conjugates Platforms
24 Febbraio 2025 - 1:25PM
Business Wire
OS Therapies, Inc. (NYSE-A: OSTX), a clinical-stage
biotechnology company advancing immunotherapies and targeted drug
conjugates for cancer treatment, announced the formation of
subsidiary OS Drug Conjugates (OSDC). The formation of OSDC
coincides with formal strategic options initiatives to create value
from the Company’s leading-edge, patented silicone dioxide-based,
pH sensitive tunable antibody drug conjugates (tADC) & other
tunable drug conjugates (tDC) platforms. The Company has initiated
discussions with clinical-stage ADC therapeutics companies in the
U.S., China and other jurisdictions to form joint ventures (JVs)
pairing those companies’ clinical-stage assets with certain assets
from the tADC and/or tDC platforms and spinning the JVs into
standalone public companies. If successful, OS Therapies intends to
provide stock dividends of the public JVs to shareholders.
The OST-tADC and OST-tDC technologies are centered around the
Company's proprietary next-generation tunable Antibody Drug
Conjugate (tADC) and tunable Drug Conjugates (tDC) platforms. These
advanced technologies incorporate pH-sensitive silicon-based
linkers: SiLinkers™ to link the targeting antibodies (or antibody
fragments) and therapeutic moieties together while coating the
entire package with pH sensitive coating. This strategy can release
multiple therapeutic agents selectively within the tumor and tumor
microenvironment, which have lower pH levels than the rest of the
body. This approach aims to maximize the therapeutic effects while
minimizing damage to healthy cells.
BCC Research estimates that the global market for antibody-drug
conjugates is estimated to increase from $10.8 billion in 2023 to
$47.0 billion by 2029, at a compound annual growth rate (CAGR) of
28.4% from 2024 through 2029.
About OS Therapies
OS Therapies is a clinical stage oncology company focused on the
identification, development, and commercialization of treatments
for Osteosarcoma (OS) and other solid tumors. OST-HER2, the
Company's lead asset, is an immunotherapy leveraging the
immune-stimulatory effects of Listeria bacteria to initiate a
strong immune response targeting the HER2 protein. OST-HER2 has
received rare pediatric disease, fast-track and orphan drug
designations from the USFDA. The Company has completed enrollment
for a 41-patient Phase 2b clinical trial of OST-HER2 in recurrent,
fully resected, lung metastatic osteosarcoma, with positive results
released in the first quarter of 2025. The Company anticipates
submitting a Biologics Licensing Application (BLA) to the US FDA
for OST-HER2 in osteosarcoma in 2025 and, if approved, would become
eligible to receive a Priority Review Voucher that it could then
sell. OST-HER2 has completed a Phase 1 clinical study primarily in
breast cancer patients, in addition to showing preclinical efficacy
data in various models of breast cancer. OST-HER2 has been
conditionally approved by the U.S. Department of Agriculture for
the treatment of canines with osteosarcoma.
In addition, OS Therapies is advancing its next-generation
Antibody Drug Conjugate (ADC) platform, known as tunable ADC
(tADC), which features tunable, tailored antibody-linker-payload
candidates. This platform leverages the Company's proprietary
silicone linker and Conditionally Active Payload (CAP) technology,
enabling the delivery of multiple payloads per linker. For more
information, please visit www.ostherapies.com.
Forward-Looking Statements
Statements in this press release about future expectations,
plans and prospects, as well as any other statements regarding
matters that are not historical facts, may constitute
forward-looking statements within the meaning of the federal
securities laws. These forward-looking statements and terms such as
"anticipate," "expect," "intend," "may," "will," "should" or other
comparable terms involve risks and uncertainties because they
relate to events and depend on circumstances that will occur in the
future. Those statements include statements regarding the intent,
belief or current expectations of OS Therapies and members of its
management, as well as the assumptions on which such statements are
based. OS Therapies cautions readers that forward-looking
statements are based on management’s expectations and assumptions
as of the date of this news release and are subject to certain
risks and uncertainties that could cause actual results to differ
materially, including, but not limited to the approval of OST-HER2
by the US FDA and grant of a priority review voucher and other
risks and uncertainties described in “Risk Factors” and
“Management’s Discussion and Analysis of Financial Condition and
Results of Operations” in the Company’s registration statement on
Form S-1 filed with the Securities and Exchange Commission (the
“SEC”) on November 12, 2024, as amended on November 27, 2024, and
other subsequent documents we file with the SEC, including but not
limited to our Quarterly Reports on Form 10-Q. Any forward-looking
statements contained in this press release speak only as of the
date hereof, and, except as required by the federal securities
laws, OS Therapies specifically disclaims any obligation to update
any forward-looking statement, whether as a result of new
information, future events or otherwise.
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OS Therapies Contact Information: Jack Doll 571.243.9455
Irpr@ostherapies.com
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