Monthly Archives: February 2018

The Klein Law Firm Reminds Investors of Commencement of a Class Action on Behalf of Tesaro, Inc. Shareholders and a Lead Plaintiff Deadline of March 19, 2018 (TSRO)

NEW YORK, NY / ACCESSWIRE / February 28, 2018 / The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Tesaro, Inc. (NASDAQ: TSRO) who purchased shares between March 14, 2016 and January 12, 2018. The action, which was filed in the United States District Court for the District of Massachusetts, alleges that the Company violated federal securities laws.

In particular, the complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that (i) substantial undisclosed health risks, including anaphylaxis and anaphylactic shock, were associated with Tesaro’s intravenous formulation of VARUBI (rolapitant); and (ii) as a result of the foregoing, Tesaro’s shares traded at artificially inflated prices during the Class Period, and class members suffered significant losses and damages. On January 12, 2018, Tesaro announced it had updated the U.S. labeling of VARUBI (rolapitant) injectable emulsion packages after reports that some patients receiving the treatment experienced “Anaphylaxis, anaphylactic shock and other serious hypersensitivity reactions.”

Shareholders have until March 19, 2018 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.

If you suffered a loss during the class period and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-sb/tesaro-inc?wire=1.

Joseph Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Joseph Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

ReleaseID: 491219

AMC SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of a Class Action Involving AMC Entertainment Holdings, Inc. and a Lead Plaintiff Deadline of March 13, 2018

NEW YORK, NY / ACCESSWIRE / February 28, 2018 / The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased AMC Entertainment Holdings, Inc. (“AMC”) (NYSE: AMC) securities between December 20, 2016 and August 1, 2017.

Click here to learn about the case: http://www.wongesq.com/pslra-sbm/amc-entertainment-holdings-inc?wire=1. There is no cost or obligation to you.

The complaint alleges that, throughout the Class Period, defendants failed to disclose that (1) Carmike’s operations had been experiencing a prolonged period of financial underperformance due to a protracted period of underinvestment in its theaters; (2) Carmike had experienced a significant loss in market share when its loyal patrons migrated to competitors that had renovated and upgraded their theaters; (3) AMC was able to retain only a small number of Carmike’s loyalty program members after the Carmike acquisition; and (4) these issues were having a material adverse effect on Carmike’s operations and theater attendance.

If you suffered a loss in AMC, you have until March 13, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra-sbm/amc-entertainment-holdings-inc?wire=1.

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

SOURCE: The Law Offices of Vincent Wong

ReleaseID: 491217

Elbit Imaging Announces Full Early Redemption of Series H Notes

TEL AVIV, ISRAEL / ACCESSWIRE / February 28, 2018 / Elbit Imaging Ltd. (“EI” or the “Company”) (TASE: EMITF, NASDAQ: EMITF) announced today the full early redemption of its outstanding series H notes in a total amount of approximately NIS 56,870,874 million (the “Redemption” and the “Notes,” accordingly).

The redemption date of the Notes will be March 18, 2018 (the “Redemption Date”). Since this will be the final payment, then there is no record date and holders of the Notes on Redemption Date will be entitled for the redemption payment.

About Elbit Imaging Ltd.

The Company holds approximately 89.16% of Elbit Medical Technologies Ltd.’s outstanding share capital (88.68% on a fully diluted basis).

Elbit Imaging Ltd. operates in the following principal fields of business: (i) development of shopping and entertainment centers in emerging markets; (ii) medical industries and devices for: (a) research and development, production and marketing of magnetic resonance imaging guided focused ultrasound treatment equipment; and (b) development of stem cell population expansion technologies and stem cell therapy products for transplantation and regenerative medicine; and (iii) land in India designated for sale to residential projects.

For Further Information:

Company Contact
Ron Hadassi
Chief Executive Officer & Chairman of the Board of Directors
Tel: +972-3-608-6048
Fax: +972-3-608-6050
ron@elbitimaging.com

SOURCE: Elbit Imaging Ltd.

ReleaseID: 491210

Elbit Imaging Ltd. Announces a New Buyback Plan for Its (Series I) Notes

TEL AVIV, ISRAEL / ACCESSWIRE / February 28, 2018 / Elbit Imaging Ltd. (“EI”
or the “Company”) (TASE: EMITF, NASDAQ: EMITF) announced today that its board of directors approved a new plan for the repurchase of the Company’s (Series I) notes (the “Notes”) for a total consideration of up to NIS fifty (50) million (approximately $14.3 million). The repurchases will be made on the Tel Aviv Stock Exchange and/or in a privately negotiated transactions. The repurchase plan does not require the Company to acquire any or a specific amount of Notes, and it may be modified, suspended, extended or discontinued without prior notice. Notes repurchased by the Company will immediately be canceled.

About Elbit Imaging Ltd.

The Company holds approximately 89.16% of Elbit Medical Technologies Ltd.’s outstanding share capital (88.68% on a fully diluted basis).

Elbit Imaging Ltd. operates in the following principal fields of business: (i) development of shopping and entertainment centers in emerging markets; (ii) medical industries and devices for: (a) research and development, production and marketing of magnetic resonance imaging guided focused ultrasound treatment equipment; and (b) development of stem cell population expansion technologies and stem cell therapy products for transplantation and regenerative medicine; and (iii) land in India designated for sale to residential projects.

For Further Information:

Company Contact
Ron Hadassi
CEO and Chairman of the Board of Directors
Tel: +972-3-608-6048
Fax: +972-3-608-6050
ron@elbitimaging.com

SOURCE: Elbit Imaging Ltd.

ReleaseID: 491211

DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Securities Class Action Lawsuit Against LJM Funds Management Ltd. Encourages Investors With Losses In Excess Of $100,000 To Contact The Firm

LOS ANGELES, CA / ACCESSWIRE / February 28, 2018 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against LJM Preservation and Growth Fund Class I (“LJM” or the “Company”) (NASDAQ: LJMIX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s shares between February 28, 2015 through February 7, 2018, inclusive (the “Class Period”), are encouraged to contact the firm before April 10, 2018, the lead plaintiff motion deadline.

If you are a shareholder who suffered a loss during the Class Period, click here to participate.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the complaint, the Company issued false and/or misleading statements and/or failed to disclose that: (1) LJM was not focused on capital preservation and left investors exposed to an unacceptably high risk of catastrophic losses; (2) LJM had not taken appropriate steps to preserve capital in down markets. When the true details entered the market, the lawsuit claims that investors suffered damages.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
Sherin Mahdavian, Esq.
Schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 491213

ONGOING INVESTIGATION: The Schall Law Firm Announces it is Investigating Claims Against Akorn, Inc.

LOS ANGELES, CA / ACCESSWIRE / February 28, 2018 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Akorn Inc. (”Akorn” or ”the Company”) (NASDAQ: AKRX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose that on February 26, 2018, Fresenius SE & Co. KGaA, which agreed to buy Akorn last April, announced it is ”conducting an independent investigation, using external experts, into alleged breaches of FDA [Food and Drug Administration] data integrity requirements relating to product development at Akorn, Inc.” Fresenius also stated the ”consummation of the transaction may be affected if the closing conditions under the merger agreement are not met.”

If you are a shareholder who suffered a loss, please go to Schallfirm.com to participate.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world, and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
Sherin Mahdavian, Esq.
www.schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 491212

ONGOING INVESTIGATION: The Schall Law Firm Announces the Filing of a Securities Class Action Lawsuit Against MiMedx Group Inc.

LOS ANGELES, CA / ACCESSWIRE / February 28, 2018 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against MiMedx Group Inc. (“MiMedx” or the “Company”) (NASDAQ: MDXG) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s shares between March 7, 2013, and February 19, 2018, inclusive (the “Class Period”), are encouraged to contact the firm before April 25, 2018, the lead plaintiff motion deadline.

If you are a shareholder who suffered a loss during the Class Period, click here to participate.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964 to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company issued false and/or misleading statements and/or failed to disclose that: 1) MiMedx was engaged in a “channel-stuffing” scheme designed to inappropriately recognize revenue that had not yet been realized; (2) MiMedx lacked adequate internal controls over financial reporting; and (3) as a result, MiMedx’s publicly disseminated financial statements were materially false and misleading. When the truth was revealed to the investing public, shares dropped, causing shareholders harm.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
Sherin Mahdavian, Esq.
Schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 491214

IC Media Direct, Reputation Management, Invited to Attend ASE Marketing and Technology Conference

These landmark events create an invaluable learning and sharing environment.

New York, NY – February 28, 2018 /MarketersMedia/

ICMediaDirect, known worldwide for their advancements in public relations and online brand management, has been invited to be a key guest at the Affiliate Summit East (ASE) to share their insights into the upcoming year’s advancements in the field and speak on the ways in which they find success to help others. Scheduled to take place July 31 through August 2 at the New York Marriott Marquis in New York, the annual tradeshow is expected to bring together over 5,000 marketers, vendors, networks and media outlets. Reputation management experts at ICMediaDirect will speak on the importance of building an unparalleled online brand for businesses as well as individuals and will tackle some of the forward-thinking strategies they utilize for successful content marketing.

Established in 2003, Affiliate Summit Inc. has a proven track record in managing highly successful marketing projects and delivering numerous insightful events, educational sessions, and tradeshows. With combined experience of more than 30 years in affiliate marketing, founders of the company Shawn Collins and Missy Ward believe in the power of interpersonal networking and information exchange in today’s fast-paced digital world. Their landmark events create an invaluable learning and sharing environment for thought leaders, start-ups, merchants, and vendors to discuss new opportunities for effective business development and digital innovations. With an established expertise in providing state-of-the art solutions to customers who aim to showcase their brand online in the best light, ICMediaDirect is delighted to bring first-class advice and tips on effective reputation management to affiliates and merchants at the conference that is now less than two months away. Experts at ICMediaDirect reinforce confidence in search engine optimization (SEO) techniques and emphasize the need for every brand to regularly put out content and use technological advancement to develop and maintain captivating online presence.

This year’s edition of Affiliate Summit will feature a collection of keynotes from most influential and thought-provoking public figures in the field of digital platforms and marketing. Speaker Scott Stratten, a social media and relationship marketing expert, President of Un-Marketing and the author of four best-selling business books, is one of “America’s 10 Marketing Gurus”, according to Business Review USA. The final and concluding day of Affiliate Summit East will see an SEO keynote panel, featuring Bruce Clay (President of Bruce Clay, Inc.), Duane Forrester (VP at Bruce Clay, Inc.), and Stephan Spencer (Co-Author of The Art of SEO).

Founded in 1996, ICMediaDirect is an award-winning PR and online reputation management company, dedicated to brand repair for customers across the globe. Its cutting-edge technological solutions and highly competitive and unmatched online reputation packages have vastly improved the Internet presence of numerous businesses, professional athletes, politicians, fortune top 500 CEOs, celebrities, among many others. Major marketing conferences and events frequently benefit from ICMediaDirect’s participation and sponsorships, including Affiliate Summit, Leadscon, SES, and ad:tech conferences.

IC Media Direct – Reputation Management: http://icmediadirectnews.com

ICMediaDirect Online – Reputation Management & Public Relations: http://icmediadirectonline.com

ICMediaDirect – Online Reputation Management & Reviews: http://icmediadirectreviews.com

Contact Info:
Name: ICMD
Email: pr@icmediadirect.com
Organization: ICMediaDirect.com

Video URL: https://www.youtube.com/watch?v=x3QHOeY8qAM

Source URL: https://marketersmedia.com/ic-media-direct-reputation-management-invited-to-attend-ase-marketing-and-technology-conference/306628

For more information, please visit http://www.ICMediaDirect.com

Source: MarketersMedia

Release ID: 306628

Gainey Capital Signs Letter of Intent With Grupo Wolinak for Bulk Sample Processing at Huajicori Mill

VANCOUVER, BC / ACCESSWIRE / February 28, 2018 / Gainey Capital Corp. (TSX-V: GNC) (OTC PINK: GNYPF) (“Gainey” or the “Company”) is pleased to announce that it has signed a letter of intent (“LOI”) with Grupo Wolinak S.A. de C.V. (“Grupo Wolinak”) for the purchase and processing of a gold and silver mineralized bulk sample at the Company’s Huajicori mill. The bulk sample will be sourced from mineralized material located on surface at a historic gold, silver district within trucking distance of the mill. Prior work indicates grades of the bulk sample should be in the range of 2 – 2.5 g/t gold and 250 – 300 g/t silver. Results of the test work will be utilized to determine the viability of entering into a longer term processing agreement.

As part of the LOI, Grupo Wolinak will source the mineralized material for the bulk sample which will be transferred to the Huajicori mill for processing. Initial shipments are anticipated to arrive at the mill during the week of March 5th. Grupo Wolinak is a private Mexican company based in Torreon, Coahuila with knowledge of low cost sources of mill feed within Mexico and could be instrumental in establishing additional mill feed sources for Gainey.

Results from the processing of the bulk sample will determine the average grade of the sampled material, the recoveries attainable by the mill and costs associated with processing the material. If the results are favorable, the parties intend to move forward by negotiating a formal ore processing agreement and evaluating the remaining surface mineralized material. A study completed in 2007 estimated in excess of 30,000 tonnes of surface mineralized material located at various locations on the property at an average grade of 2.65 g/t gold and 300 g/t silver. While the report is justification for proceeding with a bulk sample it was not prepared in accordance with NI 43-101 and should not be relied upon until verified.

In addition to the property potentially representing a low cost source of feed material for the Huajicori mill, the Company is also reviewing the property as a potential exploration acquisition. Initial due diligence indicates numerous historic high grade Au-Ag workings clustered in a number of closely spaced districts. The majority of the mineralized zones are within short trucking distance of each other and highway access. Potential exists for the discovery of both small scale mineralized structures as well as larger tonnage, high grade zones.

David Coburn, Gainey Capital’s CEO, stated, “We are confident this processing partnership will allow Gainey to establish a longer term tolling strategy utilizing our 300 TPD gravity/ flotation mill. Positive cash flow generated from a potential agreement will allow the company to move forward more aggressively on exploration projects we are currently considering.”

In light of recent opportunities, the company has elected to not move forward with the La Minita property located in Sinaloa, Mexico.

Brian Metzenheim, Vice President Exploration, Gainey Capital Corp. is the Company’s Qualified Person as defined by NI 43-101 and has reviewed and approved the technical information in this news release.

ON BEHALF OF THE BOARD OF DIRECTORS,

“David Coburn”
David Coburn, Chief Executive Officer

For information, please contact the Company:

Phone: 480-347-8904
E-mail: info@gaineycapital.com
Website: www.gaineycapital.com

FORWARD LOOKING STATEMENTS:

This press release may contain forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential,” and similar expressions, or that events or conditions “will,” “would,” “may,” “could,” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.

SOURCE: Gainey Capital Corp.

ReleaseID: 491199

Approval Received for Phase II Trial of ATL1102 in Duchenne Muscular Dystrophy

MELBOURNE, AUSTRALIA / ACCESSWIRE / February 28, 2018 / Antisense Therapeutics (“ANP” or the “Company”) (ASX: ANP; OTC PINK: ATHJF) is pleased to advise that the Company has received approval from the Royal Children’s Hospital (RCH), Melbourne Human Research Ethics Committee, to undertake a Phase II clinical trial of its immunomodulatory therapy, ATL1102, in patients with Duchenne Muscular Dystrophy (DMD), an incurable muscle-wasting disease of children. The trial is on track for commencement in Q2′ 18 and will be conducted at the RCH neuromuscular center, which operates the largest clinic in the southern hemisphere treating children with DMD.

The study is a single dose investigation of 25mg of ATL1102 administered weekly in wheelchair-bound boys with DMD who are 10 to 18 years of age and weigh between 25 to 60kg. The primary goal of the study is to establish ATL1102’s safety and tolerability in this DMD patient population at the dose being investigated. The potential efficacy of ATL1102 will also be assessed via ATL1102’s effects on important blood and imaging (MRI) markers of inflammation and muscle damage associated with DMD. Notably, the extended (6 month) dosing period of this clinical trial may also allow for ATL1102 to show an improvement in key clinical endpoints that are relevant to DMD disease progression (e.g. the upper limb function of the boys) and that is of the type that would be required for future product registration.

The Principal Investigators for the trial are Dr. Ian Woodcock, a Neuromuscular Fellow at the RCH and Professor Monique Ryan, Director of the Neurology Department at RCH. The clinical development of ATL1102 trial in boys with DMD is to be directed by an Advisory Board of international experts in the field including inventors of the FDA approved antisense drug, Eteplirsen, used to increase muscle dystrophin in DMD patients and marketed by Sarepta Therapeutics. The Advisory Board is chaired by Mr. William Goolsbee, a non-executive director of ANP and ex-Chairman of Sarepta Therapeutics.

Principal Investigator Dr. Woodcock said, “Duchenne Muscular Dystrophy is a common, debilitating and ultimately terminal degenerative condition causing muscle inflammation and wasting. There is a dire need for more effective therapies than those we have already. The approach of using ATL1102 to inhibit CD49d+ T cells to treat this inflammation is consistent with observations of international researchers and published studies. Every day I see the pain and suffering that patients with DMD and their families go through and I am highly motivated to help in the development of new drugs and therapies that will benefit these children.”

Mark Diamond, CEO of Antisense Therapeutics, said, “We are very pleased to have received approval for our Phase II study in DMD patients. DMD is a rare disease with high unmet medical need, and so we are keen to establish ATL1102’s effectiveness in treating children with this devastating condition.”

An update on the previously advised capital raising plans is expected to be provided shortly.

Contact Information:

Website: www.antisense.com.au

Managing Director: Mark Diamond +61 (0) 3 9827 8999

Antisense Therapeutics Limited (ASX: ANP) is an Australian publicly listed biopharmaceutical drug discovery and development company. Its mission is to create, develop, and commercialize second generation antisense pharmaceuticals for large unmet markets. The products in ANP’s development pipeline are in-licensed from Ionis Pharmaceuticals Inc., world leaders in antisense drug development and commercialization. ATL1102 (injection) has successfully completed a Phase II efficacy and safety trial, significantly reducing the number of brain lesions in patients with relapsing-remitting multiple sclerosis (RRMS). ATL1103 drug designed to block GHr production successfully reduced blood IGF-I levels in Phase II clinical trials in patients with the growth disorder acromegaly.

About ATL1102:

ATL1102 is an antisense inhibitor of CD49d, a subunit of VLA-4 (Very Late Antigen-4). Antisense inhibition of VLA-4 expression has demonstrated activity in a number of animal models of inflammatory disease including asthma and MS with the MS animal data having been published in a peer-reviewed scientific journal. ATL1102 was shown to be highly effective in reducing MS lesions in a Phase IIa clinical trial in RR-MS patients. The ATL1102 Phase IIa clinical data has been published in the medical journal, “Neurology” (Limmroth, V. et al Neurology, 2014; 83(20): 1780-1788).

About DMD:

Duchenne Muscular Dystrophy (DMD) is an X-linked disease that affects 1 in 3600 to 6000 live male births (Bushby et al, 2010). DMD occurs as a result of mutations in the dystrophin gene which causes a reduction in or absence of the dystrophin protein. Children with DMD have dystrophin-deficient muscles and are susceptible to contraction-induced injury to muscle that triggers the immune system which exacerbates muscle damage as summarized in a publication by the Director of the FDA CDER (Rosenberg et al, 2015). Ongoing deterioration in muscle strength affects lower limbs leading to impaired mobility, and also affects upper limbs, leading to further loss of function and self-care ability. The need for wheelchair use can occur in early teenage years with a mean age of 13, with respiratory, cardiac, cognitive dysfunction also emerging. Patients with immune T cells expressing high levels of CD49d have more severe and progressive disease and are wheelchair bound by the age of 10 (Pinto Mariz et al, 2015). With no intervention, the mean age of life is approximately 19 years. The management of the inflammation associated with DMD is currently addressed via the use of corticosteroids, however, they are acknowledged as providing insufficient efficacy and are associated with significant side effects. As a consequence, there is an acknowledged high need for new therapeutic approaches for the treatment of inflammation associated with DMD. https://mdaustralia.org.au.

Rosenberg AS, Puig M, Nagaraju K, et al. Immune-mediated pathology in Duchenne muscular dystrophy. “Sci Transl Med” 2015, 7: 299rv4.

Pinto-Mariz F, Carvalho LR, Araújo AQC, et al. CD49d is a disease progression biomarker and a potential target for immunotherapy in Duchenne muscular dystrophy. “Skeletal Muscle” 2015, 5: 45-55

SOURCE: Antisense Therapeutics Limited

ReleaseID: 491209