MetrioPharm Investor Relations News QII 2024
18th Annual General Meeting of MetrioPharm AG
The 18th Annual General Meeting took place on June 27, 2024 in Zurich. With the annual report, management and the Board of Directors of MetrioPharm AG provided an overview of the company's activities in the 2023 fiscal year.
These included the EU-funded iMPact project, in which MetrioPharm's lead compound MP1032 was clinically tested in COVID-19. The project was successfully completed and thus fully funded by the grant. It resulted in a publication of the data in a renowned scientific journal: The Lancet Regional Health Europe.
MetrioPharm AG began conducting preclinical studies in the indication Duchenne muscular dystrophy in 2022. MetrioPharm was supported by co-funding from the patient organization Duchenne UK. Based on these results, the US Food and Drug Administration (FDA) decided to grant Orphan Drug Designation in May 2023 and Rare Pediatric Disease Status in October. MetrioPharm is currently conducting further preclinical models in this indication, with results expected in the second half of 2024. They will serve as the basis for clinical testing of the lead compound MP1032 in Duchenne muscular dystrophy.
The MetrioPharm team is supported in the preparation of this clinical trial by numerous scientific and clinical advisors, several of whom are members of MetrioPharm's Scientific Advisory Board.
Management and the Board of Directors also provided information on the progress of the current funding round: In 2023, there were two successful closings totaling CHF 18.4 million. The financing round will continue in 2024/25.
Following the approval of the annual report and the annual financial statements for 2023 and the discharge of the Board of Directors, Mr. Jörg Gruber and Mr. Ekkehard Brysch were confirmed as a member of the Board of Directors for a further three years. Mr. Rudolf Stäger was also confirmed as a member of the Board of Directors for a further three years.
Of the total share capital of CHF 41,981,655.00, divided into 209,908,275 registered shares with a nominal value of CHF 0.20, 145,885,398 shares were represented. This equates to 69.5% of the shares issued.
MetrioPharm AG Company Calendar 2024
06-07 January, Longwood Healthcare Leaders Conference, San Francisco, USA
09 January, Annual Wuxi Global Forum 2024, San Francisco, USA
08-10 January, Biotech Showcase, San Francisco, USA
10 January, FreeMind's Annual Non-Dilutive Funding Summit, San Francisco, USA
26-27 February, BIO CEO & Investor Conference, New York, USA
29 February, Annual European Life Sciences CEO Forum, Zurich, Switzerland
01-02 March, Duchenne UK 2024 New Horizons Conference, London, UK
03-06 March, Muscular Dystrophy Association (MDA) Conference, Orlando, USA
18-20 March, Bio-Europe Spring, Barcelona, Spain
22-23 April, Swiss Biotech Day, Basel, Switzerland
24-25 April, Asia Bio Partnering Forum, Singapore
29-30 April, LSX World Congress, Biotech, Healthtech, Medtech, London, UK
12-14 May, BioEquity Europe, San Sebastian, Spain
03-06 June, BIO International Convention, San Diego, USA
27-30 June, Parents Project Muscular Dystrophy (PPMD), Orlando, USA
10-11 September, ChinaBio Partnering Forum 2024, Shanghai, China
25-26 September, 24th Annual Biotech in Europe Forum, Basel, Switzerland
08-12 October, World Muscle Society Annual Congress, Prague, Czech Republic
29-31 October, 15th World Congress on Targeting Mitochondria, Berlin, Germany
04-06 November, BIO-Europe Conference, Stockholm, Sweden
MetrioPharm AG informs
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