Poolbeg Pharma PLC Results of Annual General Meeting (1491Z)
11 Mayo 2023 - 8:27AM
UK Regulatory
TIDMPOLB
RNS Number : 1491Z
Poolbeg Pharma PLC
11 May 2023
Poolbeg Pharma plc
Results of Annual General Meeting
11 May 2023 - Poolbeg Pharma (AIM: POLB, OTCQB: POLBF, 'Poolbeg'
or the 'Company'), a leading biopharmaceutical company focusing on
infectious and prevalent diseases with a high unmet medical need,
announces that at the Annual General Meeting held at 12:00pm today,
all resolutions were duly passed.
- Ends -
Enquiries
Poolbeg Pharma Plc
Jeremy Skillington, CEO
Ian O'Connell, CFO +44 (0) 207 183 1499
finnCap Ltd (Nominated Adviser &
Joint Broker)
Geoff Nash, Charlie Beeson, Nigel
Birks, Harriet Ward (ECM) +44 (0) 207 220 0500
Singer Capital Markets (Joint Broker)
Phil Davies, Sam Butcher +44 (0) 207 496 3000
J&E Davy (Joint Broker)
Anthony Farrell, Niall Gilchrist +353 (0) 1 679 6363
Optimum Strategic Communications +44 (0) 208 078 4357
Mary Clark, Nick Bastin, Vici Rabbetts poolbeg@optimumcomms.com
About Poolbeg Pharma
Poolbeg Pharma specialises in the development of innovative
medicines to address the unmet need in infectious and other
prevalent diseases. Poolbeg has a disciplined portfolio approach to
mitigate risk, accelerate drug development, and enhance investor
returns. The Company simultaneously advances multiple programmes in
cost-effective clinical trials, rapidly generating early human
safety and efficacy data to enable early partnering /
out-licensing, with the funds generated reinvested in the pipeline.
Poolbeg also uses AI to interrogate human challenge trial data sets
to quickly identify new targets and drugs, and in-license near or
in the clinic medicines, leading to faster development and greater
commercial appeal.
The Company is targeting the growing infectious disease market.
In the wake of the COVID-19 pandemic, infectious disease has become
one of the fastest growing pharma markets and is expected to exceed
$250bn by 2025. Through opportunistic identification of assets
which complement Poolbeg's existing pipeline, the Company is
progressing programmes in oncology and metabolic syndromes; adding
disease areas with significant addressable markets.
With its initial assets from hVIVO plc (formerly Open Orphan
plc), an industry leading infectious disease and human challenge
trials business, Poolbeg has access to knowledge, experience, and
clinical data from over 20 years of human challenge trials. The
Company is using these insights to acquire new assets as well as
reposition clinical stage products, reducing spend and risk.
Amongst its portfolio of exciting assets, Poolbeg has a small
molecule immunomodulator for severe influenza and other acute
inflammatory conditions (POLB 001) which produces a highly
significant reduction in p38 MAP kinase driven cytokines in a
clinical setting; a first-in-class, intranasally administered
RNA-based immunotherapy for respiratory virus infections (POLB
002); and a vaccine candidate for Melioidosis (POLB 003). The
Company is also developing two O ral Delivery Programmes and is
progressing two A rtificial I ntelligence (AI) P rogrammes to add
promising new assets to its pipeline.
For more information, please go to www.poolbegpharma.com or
follow us on Twitter and LinkedIn @PoolbegPharma.
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END
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(END) Dow Jones Newswires
May 11, 2023 09:27 ET (13:27 GMT)
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