drugset / Press release

Hepion Pharmaceuticals to Present CRV431 Preclinical Data at the 2020 Digital International Liver Congress(TM)

2020-08-27 · ContraVir Pharmaceuticals, Inc. · original hepionpharma.com ↗

EDISON, NJ / August 27, 2020 / Hepion Pharmaceuticals, Inc. (NASDAQ:HEPA) “Hepion”, a biopharmaceutical company focused on the development of therapeutic drugs for the treatment of liver disease arising from non-alcoholic steatohepatitis (“NASH”), today announced that it will present a poster on Rencofilstat’s antifibrotic activity at the Digital International Liver Congress™ 2020 (EASL), taking place from August 27-29, 2020. Dr. Joseph Kuo will present a preclinical study evaluating Rencofilstat’s ability to reduce hepatic fibrosis and fatty diet-induced body weight gain in a mouse model of NASH. Presentation Details Rencofilstat decreases diet- and chemical-driven fibrosis in livers of mice Poster presentation number: FRI-239 Authors: Joseph Kuo 1 , Erika Cabrera 1 , Patrick Mayo 2 , Daren Ure 2 , Robert Foster 2 , and Philippe Gallay 1 1 Department of Immunology & Microbiology, The Scripps Research Institute, La Jolla, California, USA. 2 Hepion Pharmaceuticals, Edison, New Jersey, USA. Date: Friday, August 28, 2020 About Hepion Pharmaceuticals Hepion Pharmaceuticals is a clinical stage biopharmaceutical company focused on the development of targeted therapies for liver disease arising from non-alcoholic steatohepatitis (NASH) and other types of hepatitis. The Company’s lead drug candidate, Rencofilstat, reduces liver fibrosis and hepatocellular carcinoma tumor burden in experimental models of NASH. Preclinical studies also have demonstrated antiviral activities towards HBV, HCV, and HDV through several mechanisms. These diverse therapeutic activities result from Rencofilstat’s potent inhibition of cyclophilins, which are involved in many disease processes. Currently in clinical phase development, Rencofilstat shows potential to play an important role in the overall treatment of liver disease – from triggering events through to end-stage disease. Forward-Looking Statements Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimated,” and “intend,” among others. These forward-looking statements are based on Hepion Pharmaceuticals’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, substantial competition; our ability to continue as a going concern; our need for additional financing; uncertainties of patent protection and litigation; risks associated with delays, increased costs and funding shortages caused by the COVID-19 pandemic; uncertainties with respect to lengthy and expensive clinical trials, that results of earlier studies and trials may not be predictive of future trial results; uncertainties of government or third party payer reimbursement; limited sales and marketing efforts and dependence upon third parties; and risks related to failure to obtain FDA clearances or approvals and noncompliance with FDA regulations. As with any drug candidates under development, there are significant risks in the development, regulatory approval, and commercialization of new products. There are no guarantees that future clinical trials discussed in this press release will be completed or successful, or that any product will receive regulatory approval for any indication or prove to be commercially successful. Hepion Pharmaceuticals does not undertake an obligation to update or revise any forward-looking statement. Investors should read the risk factors set forth in Hepion Pharmaceuticals’ Form 10-K for the year ended December 31, 2019 and other periodic reports filed with the Securities and Exchange Commission. For further information, please contact: Stephen Kilmer Hepion Pharmaceuticals Investor Relations Direct: (646) 274-3580 [email protected] SOURCE: Hepion Pharmaceuticals, Inc. View source version on accesswire.com: https://www.accesswire.com/603559/Hepion-Pharmaceuticals-to-Present-Rencofilstat-Preclinical-Data-at-the-2020-Digital-International-Liver-CongressTM

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