Recent Updates
Recently added Catalysts
BTAI Positive Sentiment Score: 70/100

BioXcel Therapeutics to Present at the BofA Securities 2023 Health Care Conference

Key Takeaway: BioXcel Therapeutics, Inc. will be presenting at the BofA Securities 2023 Health Care Conference in Las Vegas on May 9, 2023. CEO Vimal Mehta, along with other key executives, will participate in a fireside chat, potentially enhancing the company's visibility in the biopharmaceutical sector. The company focuses on utilizing artificial intelligence in neuroscience and immuno-oncology to develop innovative treatments, including their approved medication IGALMI for treating agitation in psychiatric conditions. Their ongoing projects aim to expand therapeutic indications through advanced data analysis and machine learning algorithms.

Market Sentiment Analysis

POSITIVE FACTORS

  • BioXcel Therapeutics is leveraging AI to develop transformative medicines.
  • The upcoming presentation at a prominent healthcare conference is an opportunity for increased visibility.
  • Current products show promise in addressing significant health conditions.

Full Press Release Details

NEW HAVEN, Conn., May 02, 2023 (GLOBE NEWSWIRE) -- BioXcel Therapeutics, Inc. (Nasdaq: BTAI), a biopharmaceutical company utilizing artificial intelligence approaches to develop transformative medicines in neuroscience and immuno-oncology, today announced that Vimal Mehta, Ph.D., CEO of BioXcel Therapeutics, will participate in a fireside chat at the BofA Securities 2023 Health Care Conference in Las Vegas on Tuesday, May 9, 2023 at 10:15 a.m. PT. He will be joined by Robert Risinger, M.D., Chief Medical Officer, Neuroscience, and Matt Wiley, Chief Commercial Officer.
To access a live webcast of the presentation, please visit the Events & Presentations page under the “News/Events” tab in the Investors & Media section of the Company’s website at www.bioxceltherapeutics.com. A webcast replay will be available for 90 days.
About BioXcel Therapeutics, Inc.
BioXcel Therapeutics, Inc. is a biopharmaceutical company utilizing artificial intelligence approaches to develop transformative medicines in neuroscience and immuno-oncology. The Company’s drug re-innovation approach leverages existing approved drugs and/or clinically validated product candidates together with big data and proprietary machine learning algorithms to identify new therapeutic indications. The Company’s commercial product, IGALMI™ (developed as BXCL501), is a proprietary, sublingual film formulation of dexmedetomidine approved for the acute treatment of agitation associated with schizophrenia or bipolar I or II disorder in adults. The safety and effectiveness of IGALMI have not been established beyond 24 hours from the first dose. For more information, please visit IGALMI.com and also see the IGALMI full Prescribing Information. BXCL501 is under evaluation for at-home use for the acute treatment of agitation in bipolar and schizophrenia patients, for acute treatment of Alzheimer’s-related agitation, and as an adjunctive treatment for major depressive disorder. The safety and efficacy of BXCL501 for these uses have not been established. The Company is also developing BXCL502 as a potential therapy for chronic agitation in dementia. Under its subsidiary, OnkosXcel Therapeutics LLC, the Company is developing BXCL701, an investigational, oral innate immune activator for the treatment of aggressive forms of prostate cancer and advanced solid tumors that are refractory or treatment naïve to checkpoint inhibitors. The safety and efficacy of BXCL502 and BXCL701 have not been established. For more information, please visit bioxceltherapeutics.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release other than statements of historical fact should be considered forward-looking statements, including, without limitation, the date, time and content of the Company’s presentation at the BofA Securities 2023 Health Care Conference. When used herein, words including “anticipate,” “believe,” “can,” “continue,” “could,” “designed,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. In addition, any statements or information that refer to expectations, beliefs, plans, projections, objectives, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking. All forward-looking statements are based upon the Company’s current expectations and various assumptions. The Company believes there is a reasonable basis for its expectations and beliefs, but they are inherently uncertain. The Company may not realize its expectations, and its beliefs may not prove correct. Actual results could differ materially from those described or implied by such forward-looking statements as a result of various important factors, including, without limitation, the important factors discussed under the caption “Risk Factors” in its Annual Report on Form 10-K for the fiscal year ended December 31, 2022, as such factors may be updated from time to time in its other filings with the SEC, which are accessible on the SEC’s website at www.sec.gov. These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While the Company may elect to update such forward-looking statements at some point in the future, except as required by law, it disclaims any obligation to do so, even if subsequent events cause our views to change. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of this press release.
BioXcel Therapeutics
BioXcel Therapeutics
David Schull or Scott Stachowiak
Source: BioXcel Therapeutics, Inc.

Frequently Asked Questions

What is BioXcel Therapeutics known for?

BioXcel Therapeutics focuses on using AI to develop innovative medicines in neuroscience and immuno-oncology.

When is the BofA Securities 2023 conference for BioXcel?

The conference will take place on May 9, 2023, at 10:15 a.m. PT.

What is IGALMI™ used for?

IGALMI™ is approved for treating agitation associated with schizophrenia and bipolar disorder.

What does BXCL501 target?

BXCL501 is being evaluated for various acute treatment applications related to agitation.

What is the role of Vimal Mehta at BioXcel?

Vimal Mehta, Ph.D., serves as the CEO of BioXcel Therapeutics.

Last updated: May 2, 2023