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Olema Oncology to Participate in Canaccord Genuity 2023 Horizons in Oncology Virtual Conference

Key Takeaway: Olema Oncology announced that its CEO, Sean Bohen, will participate in a panel discussion on ER+/HER2- breast cancer at the Canaccord Genuity 2023 Horizons in Oncology Virtual Conference. This event is scheduled for April 20, 2023, at 2:00 p.m. ET. Olema is focused on developing targeted therapies for women's cancers, with its lead candidate OP-1250 currently undergoing clinical trials. OP-1250 has received FDA Fast Track designation for its potential in treating metastatic breast cancer.
Price reaction · baseline $3.52 (2023-04-12 close) · hit after-hours · clean, no other OLMA news in the window
day 0 close · peak
+7.7%
day 1
+4%
day 3
+5.1%

Market Sentiment Analysis

POSITIVE FACTORS

  • Participation in a major oncology conference showcases expertise
  • Focus on ER+/HER2- breast cancer highlights commitment to women's health
  • FDA Fast Track designation for lead candidate OP-1250 indicates regulatory confidence

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+73%
120-day peak, hindsight
Typical move
8%
average across 7 past catalysts
Cash runway
~30 mo
Minimal dilution risk
Lead asset
Palazestrant
Phase 3 · Breast Cancer

Full Press Release Details

SAN FRANCISCO, April 13, 2023 (GLOBE NEWSWIRE) -- Olema Pharmaceuticals, Inc. (“Olema”, “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 that Sean Bohen, M.D., Ph.D., President and Chief Executive Officer, will participate in a panel on “ER+/HER2- Breast Cancer” at the Canaccord Genuity 2023 Horizons in Oncology Virtual Conference on Thursday, April 20, 2023, at 2:00 p.m. ET.
About Olema Oncology
Olema Oncology is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of targeted therapies for women’s cancers. Olema’s lead product candidate, OP-1250, is a proprietary, orally-available small molecule with dual activity as both a complete estrogen receptor (ER) antagonist (CERAN) and a selective ER degrader (SERD). It is currently being evaluated both as a single agent in an ongoing Phase 2 clinical trial, and in combination with CDK4/6 inhibitors (palbociclib and ribociclib) and a PI3Ka inhibitor (alpelisib), in patients with recurrent, locally advanced or metastatic ER-positive (ER+), human epidermal growth factor receptor 2-negative (HER2-) breast cancer. OP-1250 has been granted FDA Fast Track designation for the treatment of ER+/HER2- metastatic breast cancer that has progressed following one or more lines of endocrine therapy with at least one line given in combination with a CDK4/6 inhibitor. Olema is headquartered in San Francisco and has operations in Cambridge, Massachusetts.
Shane Kovacs, Chief Operating and Financial Officer
Ignacio Guerrero-Ros, Ph.D., Russo Partners

Frequently Asked Questions

What is Olema Pharmaceuticals focused on?

Olema Pharmaceuticals specializes in developing targeted therapies for women's cancers.

What is OP-1250 in Olema's pipeline?

OP-1250 is an orally-administered small molecule that acts as a complete ER antagonist and selective ER degrader.

What designation has OP-1250 received from the FDA?

OP-1250 has been granted Fast Track designation for treating ER+/HER2- metastatic breast cancer.

When is Olema's CEO participating in a panel discussion?

Sean Bohen will join a panel on ER+/HER2- Breast Cancer on April 20, 2023.

Where is Olema Pharmaceuticals headquartered?

Olema Pharmaceuticals is headquartered in San Francisco, with operations in Cambridge, Massachusetts.

Last updated: Apr 13, 2023