GRI Bio Announces Abstracts Accepted for Presentation at the 14th International Congress on Autoimmunity
29 Aprile 2024 - 2:45PM
GRI Bio, Inc. (NASDAQ: GRI) (“GRI Bio” or the “Company”), a
biotechnology company advancing an innovative pipeline of Natural
Killer T (NKT) cell modulators for the treatment of inflammatory,
fibrotic and autoimmune diseases, today announced that its
abstracts have been accepted for presentation at the 14th
International Congress on Autoimmunity being held May 17-20, 2024
in Ljubljana, Slovenia.
Details of the presentations are as follows:
Oral Presentation
Title: Tissue Residency and
Innate-Like Features Play Important Roles in CD8 Treg-Mediated
Immune Regulation Presenter: Vipin Kumar
Chaturvedi, PhD, Chief Scientific Officer of GRI
BioSession: 0590 – Oral Discussions 07: Update in
Pathogenesis of Autoimmune DiseasesDate and Time:
Saturday, May 18, 2024 at 1:10 PM (GMT+2)
Parallel Session
Title: Type 2 NKT Cells
Directed Immune Regulatory Mechanism in Lupus
NephritisPresenter: Vipin Kumar Chaturvedi, PhD,
Chief Scientific Officer of GRI BioSession: 1180 –
Parallel Session 24: Mechanisms in Autoimmunity Part 2Date
and Time: Monday, May 20, 2024 at 2:45 PM (GMT+2)
For more information about the 14th
International Congress on Autoimmunity, please visit the conference
website here.
About GRI Bio, Inc.
GRI Bio is a clinical-stage biopharmaceutical
company focused on fundamentally changing the way inflammatory,
fibrotic and autoimmune diseases are treated. GRI Bio’s therapies
are designed to target the activity of NKT cells, which are key
regulators earlier in the inflammatory cascade, to interrupt
disease progression and restore the immune system to homeostasis.
NKT cells are innate-like T cells that share properties of both NK
and T cells and are a functional link between the innate and
adaptive immune responses. iNKT cells play a critical role in
propagating the injury, inflammatory response, and fibrosis
observed in inflammatory and fibrotic indications. GRI Bio’s lead
program, GRI-0621, is an inhibitor of iNKT cell activity and is
being developed as a novel oral therapeutic for the treatment of
idiopathic pulmonary fibrosis, a serious disease with significant
unmet need. The Company is also developing a pipeline of novel type
2 NKT agonists for the treatment of systemic lupus erythematosus.
Additionally, with a library of over 500 proprietary compounds, GRI
Bio has the ability to fuel a growing pipeline.
Forward-Looking Statements
This press release contains “forward-looking
statements” within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995.
Forward-looking statements may be identified by the use of words
such as “anticipate,” “believe,” “contemplate,” “could,”
“estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,”
“potential,” “predict,” “project,” “target,” “aim,” “should,”
“will,” “would,” or the negative of these words or other similar
expressions. These forward-looking statements are based on the
Company’s current beliefs and expectations. Forward-looking
statements include, but are not limited to, statements regarding:
the Company’s expectations with respect to development and
commercialization of the Company’s product candidates, the timing
of initiation or completion of clinical trials and availability of
resulting data, the potential benefits and impact of the Company’s
clinical trials and product candidates and any implication that the
data or results observed in preclinical trials or earlier studies
or trials will be indicative of results of later studies or
clinical trials, the Company’s beliefs and expectations regarding
potential stakeholder value and future financial performance, the
Company’s beliefs about the timing and outcome of regulatory
approvals and potential regulatory approval pathways, the Company’s
expected milestones for 2024, and the Company’s beliefs and
expectations regarding the sufficiency of its existing cash and
cash equivalents to fund its operating expenses and capital
expenditure requirements. Actual results may differ from the
forward-looking statements expressed by the Company in this press
release and consequently, you should not rely on these
forward-looking statements as predictions of future events. These
forward-looking statements are subject to inherent uncertainties,
risks and assumptions that are difficult to predict, including,
without limitation: (1) the inability to maintain the listing of
the Company’s common stock on Nasdaq and to comply with applicable
listing requirements; (2) changes in applicable laws or
regulations; (3) the inability of the Company to raise financing in
the future; (4) the success, cost and timing of the Company’s
product development activities; (5) the inability of the Company to
obtain and maintain regulatory clearance or approval for its
respective products, and any related restrictions and limitations
of any cleared or approved product; (6) the inability of the
Company to identify, in-license or acquire additional technology;
(7) the inability of the Company to compete with other companies
currently marketing or engaged in the development of products and
services that the Company is currently developing; (8) the size and
growth potential of the markets for the Company’s products and
services, and their respective ability to serve those markets,
either alone or in partnership with others; (9) the failure to
achieve any milestones or receive any milestone payments under any
agreements; (10) inaccuracy in the Company’s estimates regarding
expenses, future revenue, capital requirements and needs for and
the ability to obtain additional financing; (11) the Company’s
ability to protect and enforce its intellectual property portfolio,
including any newly issued patents; and (12) other risks and
uncertainties indicated from time to time in the Company’s filings
with the U.S. Securities and Exchange Commission (the “SEC”),
including the risks and uncertainties described in the “Risk
Factors” section of the Company’s most recent Annual Report on Form
10-K filed with the SEC on March 28, 2024 and subsequently filed
reports. Forward-looking statements contained in this announcement
are made as of this date, and the Company undertakes no duty to
update such information except as required under applicable
law.
Investor Contact:JTC Team, LLCJenene
Thomas(833) 475-8247GRI@jtcir.com
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