Vivani Medical to Present at the Partnership Opportunities in Drug Delivery (PODD) Event and ThinkEquity Conference in October 2024
2024年10月22日 - 9:30PM
ビジネスワイヤ(英語)
Vivani Medical, Inc. (NASDAQ: VANI) (the “Company” or “Vivani”),
an innovative biopharmaceutical company developing miniaturized,
ultra long-acting drug implants, announced today that it will
present at two upcoming events in October: (1) Partnership
Opportunities in Drug Delivery (PODD), taking place in Boston on
October 28 and 29, 2024 and (2) the ThinkEquity Conference, taking
place in New York on October 30, 2024.
Event details are as follows:
Partnership Opportunities in Drug Delivery (PODD) Event
Panel (Track 1): Targeted and Long Acting Delivery; Sustained
Release Innovations to Reduce Patient Burden Date: Tuesday, October
29, 2024 Time: 3:35 p.m. - 4:05 p.m. Eastern Time Location: Westin
Boston Seaport, 425 Summer Street, Boston, MA 02210
Dr. Adam Mendelsohn, Vivani’s Chief Executive Officer and other
industry representatives will participate on the panel discussion
which will be moderated by Stephen Buckley, Ph.D., Vice President,
Advanced Drug Delivery at Novo Nordisk. More information about the
panel and PODD event can be found at
https://poddconference.com/.
ThinkEquity Conference Presentation Date: Wednesday,
October 30, 2024 Presentation Time: 2:30 p.m. Eastern Time
Location: The Mandarin Oriental Hotel, 80 Columbus Circle, New
York, 10023
Dr. Mendelsohn will provide a Company related update. A webcast
of the Vivani ThinkEquity Conference presentation will be available
on the Investors page of the Vivani corporate website and at the
following link: https://wsw.com/webcast/tep25/vani/1677024.
More information about the ThinkEquity Conference, including
registration information, can be found at
https://www.think-equity.com/thinkequity-conference.
About Vivani Medical, Inc.
Leveraging its proprietary NanoPortalTM platform, Vivani
develops biopharmaceutical implants designed to deliver drug
molecules steadily over extended periods of time with the goal of
guaranteeing adherence, and potentially to improve patient
tolerance to their medication. Vivani’s lead program, NPM-115,
utilizes a miniature, six-month, subdermal, GLP-1 (exenatide)
implant under development for chronic weight management in obese or
overweight individuals. Vivani’s emerging pipeline also includes
the NPM-139 (semaglutide) implant which is also under development
for chronic weight management in obese and overweight individuals.
The semaglutide implant has the added potential benefit of
once-yearly administration. NPM-119 refers to the Company’s Type 2
Diabetes development program utilizing a six-month, subdermal
exenatide implant. Both the NPM-115 and NPM-119 programs utilize
exenatide based products with a higher-dose associated with the
NPM-115 program for chronic weight management in obese or
overweight patients. These NanoPortal implants are designed to
provide patients with the opportunity to realize the full potential
benefit of their medication by avoiding the challenges associated
with the daily or weekly administration of orals and injectables.
Medication non-adherence occurs when patients do not take their
medication as prescribed. This affects an alarming number of
patients, approximately 50%, including those taking daily pills.
Medication non-adherence, which contributes to more than $500
billion in annual avoidable healthcare costs and 125,000
potentially preventable deaths annually in the U.S. alone, is a
primary and daunting reason obese or overweight patients, and
patients taking type 2 diabetes or other chronic disease
treatments, face significant challenges in achieving positive
real-world effectiveness. While the current GLP-1 landscape
includes over 50 new molecular entities under clinical stage
development, Vivani remains confident that its highly
differentiated portfolio of miniature long-acting GLP-1 implants
have the potential to provide an attractive therapeutic option for
patients, prescribers and payers.
Forward-Looking Statements
This press release contains certain “forward-looking statements”
within the meaning of the “safe harbor” provisions of the US
Private Securities Litigation Reform Act of 1995. Forward-looking
statements can be identified by words such as: “target,” “believe,”
“expect,” “will,” “may,” “anticipate,” “estimate,” “would,”
“positioned,” “future,” and other similar expressions that in this
press release, including statements regarding Vivani’s business,
products in development, including the therapeutic potential
thereof, the planned development therefor, the initiation of the
LIBERATE-1 trial and reporting of trial results, Vivani’s emerging
development plans for NPM-115, NPM-139, or Vivani’s plans with
respect to Vivani’s technology, strategy, cash position and
financial runway. Forward-looking statements are neither historical
facts nor assurances of future performance. Instead, they are based
only on Vivani’s current beliefs, expectations, and assumptions.
Because forward-looking statements relate to the future, they are
subject to inherent uncertainties, risks and changes in
circumstances that are difficult to predict and many of which are
outside of Vivani’s control. Actual results and outcomes may differ
materially from those indicated in the forward-looking statements.
Therefore, you should not rely on any of these forward-looking
statements. Important factors that could cause actual results and
outcomes to differ materially from those indicated in the
forward-looking statements include, among others, risks related to
the development and commercialization of Vivani’s products,
including NPM-115 and NPM-119; delays and changes in the
development of Vivani’s products, including as a result of
applicable laws, regulations and guidelines, potential delays in
submitting and receiving regulatory clearance or approval to
conduct Vivani’s development activities, risks related to the
initiation, enrollment and conduct of Vivani’s planned clinical
trials and the results therefrom; Vivani’s history of losses and
Vivani’s ability to access additional capital or otherwise fund
Vivani’s business. There may be additional risks that the Company
considers immaterial, or which are unknown. A further list and
description of risks and uncertainties can be found in the
Company’s most recent Annual Report on Form 10-K filed with the
U.S. Securities and Exchange Commission filed on March 26, 2024, as
updated by the Company’s subsequent Quarterly Reports on Form 10-Q.
Any forward-looking statement made by Vivani in this press release
is based only on information currently available to the Company and
speaks only as of the date on which it is made. The Company
undertakes no obligation to publicly update any forward-looking
statement, whether written or oral, that may be made from time to
time, whether as a result of added information, future developments
or otherwise, except as required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241022820209/en/
Company: Donald Dwyer Chief Business Officer
info@vivani.com (415) 506-8462
Investor Relations: Jami Taylor Investor Relations
Advisor investors@vivani.com (415) 506-8462
Media: Sean Leous ICR Westwicke sean.leous@westwicke.com
(646) 866-4012
Vivani Medical (NASDAQ:VANI)
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