Full Press Release Details
Eupraxia Pharmaceuticals to Present
at American College of Rheumatology Convergence 2024 Annual Meeting
Victoria, B.C. - November 14,
2024 - Eupraxia Pharmaceuticals Inc. ("Eupraxia" or the "Company") (TSX: EPRX) (NASDAQ: EPRX), a clinical-stage
biotechnology company leveraging its proprietary DiffuSphere technology designed to optimize drug delivery for applications with
significant unmet need, today announced that the Company will be presenting a poster at the American College of Rheumatology (the "ACR")
Convergence 2024 Annual Meeting, being held in Washington, D.C. from November 14-19, 2024.
The Annual Meeting is a premier annual
rheumatology event hosted by the ACR.
The ACR offers physicians, health professionals,
researchers and scientists from around the world education, research, advocacy and practice management support to help its members continue
their innovative work and provide quality patient care.
| Poster Number: | 2106 |
| Poster Title: | EP-104IAR (Long-Acting Intra-Articular Injection of Fluticasone Propionate) Shows Sustained Improvement in Pain for Subjects with Moderate Baseline Pain and BMI Less Than 30 in SPRINGBOARD, a Phase 2, Randomized, 24-Week Study of Osteoarthritis of the Knee |
| Session Date & Time: | Monday, November 18, 2024, 10:30 a.m. - 12:30 p.m. ET |
| Presenter: | Philip G. Conaghan |
The poster will be made available on Eupraxia's website at:
About Eupraxia Pharmaceuticals Inc.
Eupraxia is a clinical-stage biotechnology
company focused on the development of locally delivered, extended-release products that have the potential to address therapeutic areas
with high unmet medical need. DiffuSphere , a proprietary, polymer-based micro-sphere technology, is designed to facilitate targeted
drug delivery of both existing and novel drugs. The technology is designed to support extended duration of effect and delivery of drugs
in a hyper-localized fashion, targeting only the tissues that physicians are wanting to treat. We believe the potential for fewer adverse
events may be achieved through the precision targeting and the stable and flat delivery of the active ingredient when using the DiffuSphere
technology, versus the peaks and troughs seen with more traditional drug delivery methods. The precision of Eupraxia's DiffuSphere
technology platform has the potential to augment and transform existing FDA-approved drugs to improve their safety, tolerability, efficacy
and duration of effect. The potential uses in therapeutic areas may go beyond pain and inflammatory gastrointestinal disease, where Eupraxia
currently is developing advanced treatments, to also be applicable in oncology, infectious disease and other critical disease areas.
Notice Regarding Forward-looking Statements
This news release includes forward-looking
statements and forward-looking information within the meaning of applicable securities laws. Often, but not always, forward-looking information
can be identified by the use of words such as "plans", "is expected", "expects", "suggests",
"scheduled", "intends", "contemplates", "anticipates", "believes", "proposes",
"potential" or variations (including negative and grammatical variations) of such words and phrases, or state that certain actions,
events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.
Forward-looking statements in this news release include statements regarding the details of the Company's presentation at the ACR
Convergence 2024 Annual Meeting; the Company's product candidates, including their expected benefits to patients with respect to safety,
tolerability, efficacy and duration; the results gathered from studies and trials of Eupraxia's product candidates; the potential for
the Company's technology to impact the drug delivery process; potential market opportunity for the Company's products; and potential
pipeline indications. Such statements and information are based on the current expectations of Eupraxia's management, and are based on
assumptions, including but not limited to: future research and development plans for the Company proceeding substantially as currently
envisioned; industry growth trends, including with respect to projected and actual industry sales; the Company's ability to obtain positive
results from the Company's research and development activities, including clinical trials; and the Company's ability to protect patents
and proprietary rights. Although Eupraxia's management believes that the assumptions underlying these statements and information are reasonable,
they may prove to be incorrect. The forward-looking events and circumstances discussed in this news release may not occur by certain dates
or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting Eupraxia, including, but
not limited to: risks and uncertainties related to the Company's limited operating history; the Company's novel technology with uncertain
market acceptance; if the Company breaches any of the agreements under which it licenses rights to its product candidates or technology
from third parties, the Company could lose license rights that are important to its business; the Company's current license agreement
may not provide an adequate remedy for its breach by the licensor; the Company's technology may not be successful for its intended use;
the Company's future technology will require regulatory approval, which is costly and the Company may not be able to obtain it; the Company
may fail to obtain regulatory approvals or only obtain approvals for limited uses or indications; the Company's clinical trials may fail
to demonstrate adequately the safety and efficacy of its product candidates at any stage of clinical development; the Company may be required
to suspend or discontinue clinical trials due to side effects or other safety risks; the Company completely relies on third parties to
provide supplies and inputs required for its products and services; the Company relies on external contract research organizations to
provide clinical and non-clinical research services; the Company may not be able to successfully execute its business strategy; the Company
will require additional financing, which may not be available; any therapeutics the Company develops will be subject to extensive, lengthy
and uncertain regulatory requirements, which could adversely affect the Company's ability to obtain regulatory approval in a timely manner,
or at all; the impact of health pandemics or epidemics on the Company's operations; the Company's restatement of its consolidated financial
statements, which may lead to additional risks and uncertainties, including loss of investor confidence and negative impacts on the Company's
common share price; and other risks and uncertainties described in more detail in Eupraxia's public filings on SEDAR+ (sedarplus.ca) and
EDGAR (sec.gov). Although Eupraxia has attempted to identify important factors that could cause actual actions, events or results to differ
materially from those described in forward-looking statements and information, there may be other factors that cause actions, events or
results to differ from those anticipated, estimated or intended. No forward-looking statement or information can be guaranteed. Except
as required by applicable securities laws, forward-looking statements and information speak only as of the date on which they are made
and Eupraxia undertakes no obligation to publicly update or revise any forward-looking statement or information, whether as a result of
new information, future events or otherwise.
For investor and media inquiries, please contact:
Danielle Egan, Eupraxia Pharmaceuticals Inc.
Adam Peeler, on behalf of:
Eupraxia Pharmaceuticals Inc.
SOURCE Eupraxia Pharmaceuticals Inc.