Athenex Announces Details of Investor Event and Webcast at SABCS on December 13, 2019

BUFFALO, N.Y., Dec. 11, 2019 (GLOBE NEWSWIRE) -- Athenex, Inc. (NASDAQ: ATNX), a global biopharmaceutical company dedicated to the discovery, development and commercialization of novel therapies for the treatment of cancer and related conditions, today announced the details for its upcoming event for the investment community, that will follow its oral presentation at the 2019 San Antonio Breast Cancer Symposium (SABCS). The event will also be webcasted for those unable to attend in person.

The event will feature presentations by Clinical Experts, who will present and review the results from the scientific session earlier that day at SABCS entitled “Oral Paclitaxel with Encequidar: The first orally administered paclitaxel shown to be superior to IV paclitaxel on confirmed response and survival with less neuropathy: a Phase III clinical study in metastatic breast cancer.” Members of Athenex’s management team will also be present to discuss the results.

Participating Clinical Experts

Hope S. Rugo, MD: Dr. Rugo is a professor of medicine and the Director of Breast Oncology and Clinical Trials Education at the UCSF Helen Diller Family Comprehensive Cancer Center. She is a principal investigator of multiple clinical trials focusing on combining novel targeted therapeutics with standard treatment to improve the treatment of both early and late stage breast cancer, and has published widely in this area. Her current research interests include immunotherapy and combinations of targeted agents in the treatment of breast cancer to overcome resistance.  Dr. Rugo is the co-chair of the Triple Negative Working Group and an active member of the Translational Breast Cancer Research Consortium (TBCRC), and is the principal investigator of several TBCRC trials including a multi-center immunotherapy trial funded by the Breast Cancer Research Foundation (BCRF). She is an active member of the Alliance (formerly CALGB) Breast Committee, as well as ASCO, where she serves on the Guidelines Committee and as an editor for the Education Committee. Dr. Rugo is a graduate of the University of Pennsylvania School of Medicine.

Gerardo Antonio Umanzor, MD: Dr. Umanzor is a Medical Oncologist and member of the faculty at Liga Contra el Cáncer, Honduras. Liga Contra el Cáncer is a non-profit NGO, and unique organization in Honduras, that provides high quality health care to the poor, for little to no cost. Dr. Umanzor also has his own oncology practice (Centro Oncológico Integral) in the Hospital del Valle in San Pedro Sula, and is an investigator with DEMEDICA, a center dedicated to clinical trials. He graduated as a Medical Doctor from the Universidad Nacional de Honduras. Dr. Umanzor completed his residency in medical oncology at the Hospital Universitario de Valencia, Spain where he participated in multiple clinical trials investigating immuno-oncology and targeted therapies in patients with breast, colon, lung, central nervous system cancers, and melanoma. He is an active member of ASCO, ESMO, EACR, and SEOM. Dr. Umanzor is the lead investigator in the Phase III trial of oral paclitaxel with encequidar for the treatment of metastatic breast cancer.

Event and Webcast Information

The live Investor event and webcast will take place on Friday, December 13, 2019 beginning at 5:30pm CT (6:30pm ET) in San Antonio, Texas, and will be followed by a reception. For additional information and/or to RSVP to attend in person, please send an email to . For those unable to attend in person, a live webcast and replay of the event will be accessible and also via the News & Events page on the Investor Relations tab of the Athenex website (). Webcast participants who wish to ask a question during the live Q&A, can submit their requests via email to .

Athenex Exhibit Booth at SABCS

Attendees at SABCS are invited to visit the exhibit booth hosted by Athenex Oncology at the conference (booth #629), December 11 to 13, from 10:45am to 5pm CT daily.  

The Orascovery platform was initially developed by Hanmi Pharmaceuticals and licensed exclusively to Athenex for all major worldwide territories except Korea, which is retained by Hanmi.

About Athenex, Inc.

Founded in 2003, Athenex, Inc. is a global clinical stage biopharmaceutical company dedicated to becoming a leader in the discovery, development and commercialization of next generation drugs for the treatment of cancer. Athenex is organized around three platforms, including an Oncology Innovation Platform, a Commercial Platform and a Global Supply Chain Platform. The Company’s current clinical pipeline is derived from four different platform technologies: (1) Orascovery, based on non-absorbed P-glycoprotein inhibitor, (2) Src kinase inhibition, (3) T-cell receptor-engineered T-cells (TCR-T), and (4) Arginine deprivation therapy. Athenex’s employees worldwide are dedicated to improving the lives of cancer patients by creating more active and tolerable treatments.  Athenex has offices in Buffalo and Clarence, New York; Cranford, New Jersey; Houston, Texas; Chicago, Illinois; Hong Kong; Taipei, Taiwan; multiple locations in Chongqing, China; Manchester, UK; Guatemala City, Guatemala and Buenos Aires, Argentina. For more information, please visit .

Forward-Looking Statements

Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. These forward-looking statements are typically identified by terms such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “foresee,” “goal,” “guidance,” “intend,” “likely,” “may,” “plan,” “potential,” “predict,” “preliminary,” “probable,” “project,” “promising,” “seek,” “should,” “will,” “would,” and similar expressions.  Actual results might differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include: the development stage of our primary clinical candidates and related risks involved in drug development, clinical trials, regulation, manufacturing and commercialization; our reliance on third parties for success in certain areas of Athenex’s business; our history of operating losses and need to raise additional capital to continue as a going concern; our ability to integrate CIDAL’s assets into our existing operations; competition; intellectual property risks; risks relating to doing business in China; the uncertainty of when, if at all, we will be able to resume producing API in our Chongqing plant; and the other risk factors set forth from time to time in our SEC filings, copies of which are available for free in the Investor Relations section of our website at /phoenix.zhtml?c=254495&p=irol-sec or upon request from our Investor Relations Department. All information provided in this release is as of the date hereof and we assume no obligation and do not intend to update these forward-looking statements, except as required by law.

CONTACTS

Investor Relations:

Tim McCarthy

Managing Director, LifeSci Advisors, LLC

Direct: 212-915-2564

Athenex, Inc.:

Randoll Sze

Chief Financial Officer

Email:

Jacqueline Li

Corporate Development and Investor Relations

Email: