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Ovid Therapeutics to Present at the BTIG Virtual Biotechnology Conference 2023

Key Takeaway: Ovid Therapeutics Inc. announced its participation in the BTIG Virtual Biotechnology Conference on August 7, 2023, where management will conduct a fireside chat. The company focuses on developing innovative medicines for patients with epilepsies and seizure-related disorders. Its pipeline includes small molecule candidates aimed at treating various neurological conditions, indicating a commitment to addressing unmet medical needs. Ovid also maintains a significant interest in the Phase 3 trials of soticlestat, a medication being developed by Takeda for specific epilepsy syndromes.

Market Sentiment Analysis

POSITIVE FACTORS

  • Ovid Therapeutics is participating in a significant biotech conference.
  • The company is actively developing treatments for rare epilepsies and seizure-related disorders.
  • Their pipeline includes promising drug candidates that could lead to future collaborations.

Full Press Release Details

NEW YORK, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Ovid Therapeutics Inc. (NASDAQ: OVID), a biopharmaceutical company committed to developing medicines that transform the lives of people with epilepsies and seizure-related disorders, today announced that management will participate in a fireside chat at the BTIG Virtual Biotechnology Conference on August 7, 2023, at 9:30 a.m. ET.
The live webcast of the panel will be available on BTIG’s conference website at the time of the event, and a replay will be available through BTIG’s research access.
About Ovid Therapeutics
Ovid Therapeutics Inc. is a New York-based biopharmaceutical company striving to conquer seizures and intractable brain disorders with courageous science. Ovid’s focused pipeline of small molecule candidates seek to meaningfully improve the lives of people and families affected by rare epilepsies and seizure-related disorders. Ovid seeks to develop: GV101, a potent and highly selective ROCK2 inhibitor, for the potential treatment of lesions associated with cerebral cavernous malformations; OV329, a GABA-aminotransferase inhibitor, for treatment-resistant seizures; and OV350, a direct activator of the KCC2 transporter, for potential treatment of epilepsies. The Company's ROCK2 inhibitor and KCC2 activator portfolios have the potential to treat neurological conditions beyond seizures, and represent potential future collaboration opportunities for the Company. Ovid maintains a significant financial interest in the future regulatory development and potential commercialization of soticlestat, which Takeda is responsible for advancing globally. Soticlestat is a cholesterol 24-hydroxylase inhibitor, which is currently in Phase 3 trials for Dravet and Lennox Gastaut syndromes. For more information about these and other Ovid research programs, please visit www.ovidrx.com.
Forward-Looking Statements
This press release includes certain disclosures that contain “forward-looking statements,” including, without limitation: statements regarding the Company’s pipeline, including the potential development and use of GV101, OV329, OV350, the library of ROCK2 inhibitors and the library of KCC2 activator inhibitors; and the status of Takeda’s two pivotal Phase 3 trials evaluating soticlestat for Lennox Gastaut and Dravet syndromes and the development and potential commercialization of soticlestat. You can identify forward-looking statements because they contain words such as "anticipates," "believes," "expected," "intends," "plan," "potentially," and "will," and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances). Forward-looking statements are based on Ovid’s current expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements, which are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation, uncertainties inherent in the preclinical and clinical development and regulatory approval processes, the risk that Ovid may not be able to realize the intended benefits of its technology. Additional risks that could cause actual results to differ materially from those in the forward-looking statements are set forth under the caption “Risk Factors” in Ovid’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (SEC) on May 5, 2023, and in future filings Ovid makes with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and Ovid assumes no obligation to update any forward-looking statements contained herein, whether because of any new information, future events, changed circumstances or otherwise, except as otherwise required by law.
Investors and Media:
Argot Partners (on behalf of Ovid)

Frequently Asked Questions

When will Ovid Therapeutics participate in the BTIG conference?

Ovid Therapeutics will participate in the BTIG Virtual Biotechnology Conference on August 7, 2023, at 9:30 a.m. ET.

What are Ovid Therapeutics' main areas of focus?

Ovid Therapeutics focuses on developing treatments for epilepsy and seizure-related disorders.

What candidates are in Ovid's pipeline?

Ovid's pipeline includes GV101, OV329, and OV350 for treating various seizure conditions.

What is soticlestat and its current status?

Soticlestat is in Phase 3 trials for Dravet and Lennox Gastaut syndromes, handled by Takeda.

Where can I find more information about Ovid's research?

More information about Ovid’s research can be found at their website, www.ovidrx.com.

Last updated: Aug 1, 2023