29.04.2015 18:30:00
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Adocia is Now Integrated into the EnterNext Tech 40 Index
Regulatory News:
ADOCIA (Paris:ADOC) (Euronext Paris: FR0011184241 – ADOC) announces today having been awarded the EnterNext Tech 40 Label and will be integrated into the Tech 40 index which will be launched on May 4, 2015.
EnterNext, a Euronext subsidiary, assigns this recognition each year to 40 technologically innovative European companies listed on Euronext exchange. This distinction is based on criteria related to business, financial and stock market performance.
Adocia has been selected from amongst 320 European listed companies to be integrated into this new index. As such, Adocia will enjoy a year-long promotion program and special assistance to enhance its visibility, especially via international roadshows.
About Adocia
To be a global leader in the innovative delivery of insulins and
therapeutic proteins
Adocia is a clinical stage
biotechnology company that specializes in the development of innovative
formulations of already approved therapeutic proteins. It has a
particularly strong expertise in the field of insulins. Adocia’s
proprietary BioChaperone® technological platform is designed
to enhance the effectiveness and safety of therapeutic proteins and
their ease of use for patients.
In December 2014, Adocia signed a partnership with Eli Lilly for the development and commercialization of its new formulation of insulin lispro, BioChaperone Lispro, previously tested successfully in two phase Ib/IIa studies.
Adocia will continue to develop its fast-acting human insulin formulation internally. Two clinical studies are planned over 2015, a post-meal glucose control study with HinsBet U100 and a PK/PD study with HinsBet U500. Adocia is also actively continuing the development of its BioChaperone Combo, a unique combination of insulin Glargine, the gold-standard of basal insulin and insulin Lispro, a fast-acting insulin analog. A dose-response clinical study (Phase IIa) is scheduled for the second quarter of 2015.
In addition, Adocia launched a phase III clinical study in India on its product based on PDGF-BB for treatment of the diabetic foot ulcer (BioChaperone PDGF-BB) in August 2014.
Adocia has extended its activities to the formulation of monoclonal antibodies, which are gold-standard biologics for the treatment of various chronic pathologies (cancer, inflammation, etc.). Adocia is engaged in collaborative programs with two major pharmaceutical companies in this field.
Fighting cancer with targeted treatments
DriveIn®
is a nanotechnology which is intended to significantly improve delivery
of active compounds into cancer cells. This new proprietary platform
constitutes an exceptional opportunity to enter the oncology market by
improving the efficacy of both already approved treatments and novel
proprietary molecules.
« Innovative medicine for everyone, everywhere »
Adocia’s
therapeutic innovations aim to provide solutions in a profoundly
changing global pharmaceutical and economic context, characterized by
(i) an increased prevalence and impact of the targeted pathologies, (ii)
a growing and ageing population, (iii) a need to control public health
expenditures and (iv) an increasing demand from emerging countries.
Adocia is listed on the regulated market of Euronext in Paris (ISIN: FR0011184241; Reuters/Bloomberg ticker: ADOC, ADOC.PA, ADOC.FP) and is included in the Next Biotech index.
American Depositary Receipts representing Adocia common stock are traded on the US OTC market under the ticker symbol ADOCY.
For more information, visit: www.adocia.com
Disclaimer
This press release contains certain
forward-looking statements concerning Adocia and its business. Such
forward-looking statements are based on assumptions that Adocia
considers to be reasonable. However, there can be no assurance that the
anticipated events in such forward-looking statements will occur.
Forward-looking
statements are subject to numerous risks and uncertainties including the
risks set forth in the document titled "Risk Factors”, which is
available on the Adocia’s website (www.Adocia.com
section « A LA UNE/ SPOTLIGHT ») and, in particular to the uncertainties
linked to research and development, future clinical data and analysis,
and to the development of economic conditions, financial markets and the
markets in which Adocia operates. The forward-looking statements
contained in this press release are also subject to risks not yet known
to Adocia or not currently considered material by Adocia. The occurrence
of all or part of such risks could cause actual results, financial
conditions, performance or achievements of Adocia to be materially
different from such forward-looking statements.
This
announcement is for information purposes only and does not, and shall
not, in any circumstances, constitute a public offering by Adocia nor a
solicitation of an offer to subscribe for securities in any
jurisdiction, including France. Persons into whose possession this press
release comes are required to inform themselves about and to observe any
such restrictions.
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