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HOUSTON, Nov. 15, 2019 (GLOBE NEWSWIRE) — Bio-Path Holdings, Inc., (NASDAQ:BPTH), a biotechnology aggregation leveraging its proprietary DNAbilize® antisense RNAi nanoparticle technology to beforehand a portfolio of targeted nucleic acerbic blight drugs, today appear its banking after-effects for the third division concluded September 30, 2019 and provided an amend on contempo accumulated developments.



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“Throughout the third division we connected to accomplish beforehand beyond all of our avant-garde RNAi nanoparticle ameliorative programs. Importantly, we connected alleviative patients and are advancing achievement of the assurance allocation of the Phase 2 analytic abstraction of prexigebersen in aggregate with decitabine in basic AML and aerial accident MDS patients and refractory/relapsed AML and aerial accident MDS patients. Upon achievement of this key milestone, we apprehend to activate the abstraction of prexigebersen with decitabine added venetoclax,” said Peter Nielsen, President and Chief Executive Officer of Bio-Path Holdings. “Additionally, we filed an Investigational New Biologic (IND) appliance for our added activity candidate, BP1002, and added adequate and broadcast our apparent portfolio with the accession of a key new apparent that protects our DNAbilize® belvedere and underscores its novelty. In addition, an IND for prexigebersen in the analysis of solid tumors starting with ovarian and endometrial blight is actuality accomplished for filing. Patients diagnosed with alternate ovarian or endometrial blight generally accept poor outcomes and it is our achievement that prexigebersen may accommodate analytic account for such patients.”

“We are alive against commutual IND enabling studies of BP1003, a atypical liposome-incorporated STAT3 oligodeoxynucleotide inhibitor for the analysis of solid tumors, and apprehend to book an IND appliance for a Phase 1 abstraction of BP1003 for the analysis of solid tumors, including pancreatic blight in 2020. Pancreatic blight patients accept acutely bound analysis options, consequently, we are committed to affective this analysis advanced as bound as possible,” added Mr. Nielsen.



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Financial After-effects for the Third Division Concluded September 30, 2019



Conference Alarm and Webcast Advice

Bio-Path Holdings will host a appointment alarm and webcast today at 8:30 a.m. ET to analysis these third division 2019 banking after-effects and to accommodate a accepted amend on the Company. To admission the appointment call, amuse alarm (844) 815-4963 (domestic) or (210) 229-8838 (international) and accredit to appointment ID 2095674. A alive audio webcast of the alarm and the archived webcast will be accessible on the Company’s website at Media Bio-Path Holdings, Inc.

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Bio-Path is a biotechnology aggregation developing DNAbilize®, a atypical technology that has yielded a activity of RNAi nanoparticle drugs that can be administered with a simple intravenous transfusion. Bio-Path’s advance artefact candidate, prexigebersen (BP1001, targeting the Grb2 protein), is in a Phase 2 abstraction for the analysis of claret cancers and is in the action of filing an IND for a Phase 1 analytic balloon for solid tumors. The Aggregation is additionally developing BP1002, which targets the Bcl-2 protein and is accepted to be evaluated for the analysis of lymphoma and solid tumors. In addition, BP1003, a atypical liposome-incorporated STAT3 antisense oligodeoxynucleotide developed by Bio-Path as a specific inhibitor of STAT3, is accepted to access Phase 1 studies in 2020.

For added information, amuse appointment the Company’s website at Media Statements

This columnist absolution contains advanced statements that are fabricated pursuant to the safe anchorage accoutrement of the federal balance laws. These statements are based on management’s accepted expectations and appropriately are accountable to ambiguity and changes in circumstances. Any accurate or adumbrated statements independent in this columnist absolution that are not statements of actual actuality may be accounted to be advanced statements. Any statements that are not actual facts independent in this absolution are advanced statements that absorb risks and uncertainties, including Bio-Path’s adeptness to accession bare added basic on a appropriate base in adjustment for it to abide its operations, Bio-Path’s adeptness to accept success in the analytic development of its technologies, the timing of acceptance and absolution of abstracts in such analytic studies and the accurateness of such data, bound accommodating populations of aboriginal date analytic studies and the achievability that after-effects from after date analytic trials with abundant beyond accommodating populations may not be constant with beforehand date analytic trials, the aliment of bookish acreage rights, that patents apropos to absolute for approaching apparent applications will be issued or that any issued patents will accommodate allusive aegis of our biologic candidates, risks apropos to advancement Bio-Path’s advertisement on the Nasdaq Basic Market and such added risks which are articular in Bio-Path’s best contempo Annual Report on Form 10- K, in any consecutive annual letters on Form 10-Q and in added letters that Bio-Path files with the Balance and Exchange Commission from time to time. These abstracts are accessible on appeal from Bio-Path Holdings or at www.sec.gov. Bio-Path disclaims any ambition or obligation to amend or alter any advanced statements, whether as a aftereffect of new information, approaching contest or otherwise. 

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Contact Information:

Investors

Will O’Connor
Stern Investor Relations, Media Morris
Investor Relations
Bio-Path Holdings, Inc.
832-742-1369

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