TORONTO, Sept. 28, 2021 /CNW/ - Frank Gleeson, President and Chief Executive
Officer, Satellos Bioscience Inc., ("Satellos") (TSXV: MSCL), and
his team joined Arne Gulstene, Head
of TSX Company Services, TMX Group, to celebrate the Company's new
listing on TSX Venture Exchange and open the market.
Satellos is a regenerative medicine company dedicated to
developing novel therapeutics that stimulate or restore muscle
regeneration in severe disorders from dystrophies to ageing.
Satellos was founded on the discovery that dysregulated muscle
stem-cell polarity - a process that balances replenishment of
muscle stem cells and production of specialized tissue cells - can
lead to the inability of the body to properly repair and regenerate
muscle throughout life. Satellos' lead program is focused on
developing an oral therapeutic drug for Duchenne muscular dystrophy
that serves to correct this dysregulation, which Satellos has
identified as a root cause of the progressive nature of the muscle
destruction experienced by people living with Duchenne. Satellos
believes defects in muscle regeneration play a critical underlying
role in numerous muscle disorders spanning rare diseases through to
mass market indications associated with the ageing process.
Accordingly, Satellos applies its proprietary discovery platform,
MyoReGenXTM, to identify regulatory pathways and drug candidates to
treat muscle disorders where stem cell polarity may be
dysregulated. Satellos also maintains the rights to two clinical
stage assets as a result of the reverse takeover of iCo
Therapeutics Inc. Founded in 2018, Satellos is headquartered in
Canada. For more information visit
Satellos.com.
For Market Openings: Media may pick up a feed
from the TOC (television operations centre) for all market open
ceremonies. The feed is named TSX Transmit 1 (SD-SDI) and is
produced at the TMX Broadcast Centre and sent live to the TOC. To
pick up the feed via the Dejero network, please contact
avservices@tmx.com. The client feature video will begin playing on
the TMX media wall at approximately 9:27
a.m. ET and the markets will open with the sound of a siren
at 9:30 a.m. ET.
Date: Tuesday, September
28, 2021
Time: 9:00am -
9:30am
Place: Virtually Broadcast
SOURCE TSX Venture Exchange