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Olema Oncology Announces Phase 2 Monotherapy Clinical Results to be Presented at the 2023 ESMO Congress

Key Takeaway: Olema Pharmaceuticals has announced that it will present Phase 2 monotherapy study results of its drug, palazestrant (OP-1250), at the 2023 ESMO Congress. The presentation will cover the drug's efficacy as a complete estrogen receptor antagonist and selective ER degrader for treating metastatic breast cancer. The oral session is scheduled for October 22, 2023, and will feature Dr. Nancy U. Lin as the lead presenter. Following the congress, Olema will hold an investor conference call to discuss the findings and ongoing studies.

Market Sentiment Analysis

POSITIVE FACTORS

  • Announcement of Phase 2 monotherapy results indicates progress in drug development.
  • Presentation at a prestigious congress like ESMO enhances credibility and visibility.
  • Investor conference call scheduled, showcasing transparency and engagement with stakeholders.

Full Press Release Details

Oral presentation by Dr. Nancy U. Lin from Dana-Farber Cancer Institute at 8:55 a.m. CEST/2:55 a.m. ET on October 22, 2023
Olema will host an investor conference call at 8:00 a.m. ET on October 23, 2023
SAN FRANCISCO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Olema Pharmaceuticals, Inc. (“Olema” or “Olema Oncology,” Nasdaq: OLMA), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of targeted therapies for women’s cancers, today announced an oral presentation on the Phase 2 monotherapy study results of palazestrant (OP-1250), the Company’s complete estrogen receptor (ER) antagonist (CERAN) and selective ER degrader (SERD) for the treatment of metastatic breast cancer, at the upcoming European Society for Medical Oncology (ESMO) Congress 2023 in Madrid, Spain, on October 22, 2023.
Details of the ESMO Congress 2023 mini oral session presentation are:
Title: Updated results from the phase 1/2 study of OP-1250, an oral complete estrogen receptor (ER) antagonist (CERAN) and selective ER degrader (SERD) in patients with advanced or metastatic ER-positive, HER2-negative breast cancer.
Presentation #: 382MO
Date: Sunday, October 22, 2023
Time: 08:55 – 09:00 a.m. CEST (02:55 – 03:00 a.m. ET)
Location: Bilbao Auditorium – NCC, IFEMA MADRID
A copy of the presentation will be made available on Olema’s website under the Science section when it is presented at the congress. Abstracts for the posters can be found on the ESMO Congress 2023 website here.
Company Investor Webcast and Conference Call
Olema will host a webcast and conference call for analysts and investors to review data presented at the ESMO Congress 2023 as well as other ongoing studies on Monday, October 23, 2023, at 8:00 a.m. ET (2:00 p.m. CEST). Lead study author, Dr. Nancy U. Lin, Associate Chief of the Division of Breast Oncology, Susan F. Smith Center for Women's Cancers, at the Dana-Farber Cancer Institute in Boston, MA, will join Olema management for the call. Please register for the webcast by visiting the Investors & Media section of Olema’s website at olema.com.
About Olema Oncology
Geoffrey Mogilner, Vice President, Investor Relations and Communications

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Frequently Asked Questions

When is Dr. Nancy U. Lin's presentation at ESMO 2023?

The presentation is on October 22, 2023, at 8:55 a.m. CEST.

What will Olema present at the ESMO Congress 2023?

Olema will present Phase 2 study results of palazestrant for metastatic breast cancer.

When is Olema’s investor conference call scheduled?

The investor conference call is on October 23, 2023, at 8:00 a.m. ET.

Where will the ESMO Congress 2023 take place?

The congress will be held in Madrid, Spain, at the Bilbao Auditorium.

How can I access Olema's presentation after the event?

A copy will be available on Olema’s website under the Science section.

Last updated: Oct 16, 2023