Pasithea Therapeutics Corp (NAS:KTTA)
$ 4.98 0.01 (0.2%) Market Cap: 5.20 Mil Enterprise Value: -6.79 Mil PE Ratio: 0 PB Ratio: 0.26 GF Score: 22/100

Pasithea Therapeutics Corp acquisition of Alpha-5 integrin LLC - Conference Call Transcript

Jun 22, 2022 / 01:00PM GMT
Release Date Price: $19.37 (-4.10%)
Tiago Reis Marques
Pasithea Therapeutics Corp. - CEO & Director

Good morning. My name is Tiago Reis Marques, and I'm the CEO of Pasithea Therapeutics. It is with great pleasure that I'm here today with you to announce the acquisition of Alpha-5 integrin, a preclinical biotech company. Joining me today is our Chairman, Professor Steinman; and our Chief Business Officer, Mathew Lazarus.

Alpha-5 developed a collection of novel monoclonal antibodies with novel IP for the treatment of amyotrophic lateral sclerosis, known as ALS, and other neurological diseases such as multiple sclerosis. We are proud to make our investment in a therapeutic area with huge unmet need.

This target is supported by extensive preclinical and human data providing a novel mechanism of action in the treatment of ALS. We have reproducible data showing survival and motor function efficacy in the SOD mouse model. And we will hear more about the biological rationale in the coming presentation.

These antibodies also show a strong activity profile in animal models of multiple sclerosis, providing Pasithea

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