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Aptorum Group Limited Corporate Update and To Hold Q1 2020 Investor Update Call To Discuss Recent Development and Pipeline Progress
NEW YORK--(BUSINESS WIRE)-- Aptorum Group Limited (Nasdaq: APM) (“Aptorum Group”), a biopharmaceutical company focused on the development of novel
About this update from Aptorum Group Limited
[{"type":"text","content":" NEW YORK--(BUSINESS WIRE)--\nAptorum Group Limited (Nasdaq: APM) (“Aptorum Group”), a biopharmaceutical company focused on the development of novel therapeutics to address global unmet medical needs, today provides an update on the Company’s operations in light of the recent declaration of the coronavirus outbreak as a pandemic declared by the World Health Organisation on March 11, 2020.\n\n\nAptorum Group’s operational plans continue to remain on track, and in particular the recently announced updates on SACT-1 (targeting Neuroblastoma) and ALS-4 (targeting Staphylococcus aureus) remain on track for its pre-IND preparation work and will continue to target for IND submission in the second half of 2020. With the additional capital raised in February 2020, the Company is also on track in expanding strategic initiatives including the discovery and development pipeline such as the recently announced initiative SACT-COV19 (targeting COVID-19 disease) and additional Smart-Act platform projects being SACT-2 and SACT-3, which will be announced in due course. The Company, together with the distributor, is also focused on the distribution of the recently announced non-hormonal based Dioscorea Opposita bioactive nutraceutical supplement targeting woman’s health during menopause or post-menopause cycles. In light of the global coronavirus situation, the Company would like to report that its day to day operations continue to proceed as normal.\n\n\nThe management of the Company will also host its first quarter 2020 investor update conference call to discuss recent developments and plans for the Company on Thursday, April 2, 2020. Aptorum Group will also provide updates during the call on the progress of its existing pipeline, including SACT-1 and ALS-4, and the latest announced project targeting the coronavirus group including COVID-19. A conference call will be held on Thursday, April 2, 2020 at 10:00am Hong Kong time (April 1, 2020 at 10:00pm EST) by the executive management team. If you have any specific question(s) for the Company and its projects, please email your question(s) to [email protected] on or before 10:00pm EST Tuesday, March 31, 2020.\n\n\nTo participate in the call, please dial +852 3018 8307 (for Hong Kong callers) or 1-844-760 0770 (for US callers) using conference ID number 6995532. The archived webcas...