FastFiling Search
Quick way to search for company's filings
SYNLOGIC, INC.
Date Filed : Jun 17, 2021
Exhibit 99.1
Synlogic Enters Research Collaboration with Roche for Development of Novel Therapy to Treat InflammatoryBowel Disease
Cambridge, Mass. (PR Newswire) June 17, 2021 Synlogic, Inc. (Nasdaq: SYBX), a clinical stagecompany bringing the transformative potential of synthetic biology to medicine, announced today that it has entered into a research collaboration agreement with Roche for the discovery of a novel Synthetic Biotic
Our mission is to develop Synthetic Biotic medicines that benefit patients in meaningful ways, said DavidHava, Ph.D., Synlogics Chief Scientific Officer. We are excited to expand our efforts in inflammation, working to address the unmet needs of patients with inflammatory bowel disease.
We are excited to work with Synlogic and explore the potential of a new modality for the treatment of IBD, said James Sabry, Global Head,Roche Pharma Partnering. Synlogic and Roche share a commitment to advancing innovative science and delivering transformative medicines to patients living with inflammatory disease.
At the conclusion of the research period, Roche will have the exclusive option to enter a licensing and collaboration agreement for further development andcommercialization of the program.
Learn more about Synlogics programs and pipeline by visiting https://www.synlogictx.com/.
About Synlogic
Synlogic
Forward-Looking Statements
This press release contains forward-looking statements that involve substantial risks and uncertainties for purposes of the safe harborprovided by the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this press release regarding strategy, future operations, clinical development plans, future financial position,future revenue, projected expenses, prospects, plans and objectives of management
Page 1 of 2
are forward-looking statements. In addition, when or if used in this press release, the words may,could, should, anticipate, believe, estimate, expect, intend, plan, predict and similar expressions and their variants, as they relate toSynlogic may identify forward-looking statements. Examples of forward-looking statements, include, but are not limited to, statements regarding the potential milestone payments pursuant to the research collaboration agreement; the therapeutic andcommercial potential of the program; statements regarding the potential of Synlogics platform to develop therapeutics to address a wide range of diseases including: cancer, inborn errors of metabolism, and inflammatory and immunedisorders; our expectations about sufficiency of our existing cash balance; the future clinical development of Synthetic Biotic medicines; and the approach Synlogic is taking to discover and develop novel therapeutics using synthetic biology. Actualresults could differ materially from those contained in any forward-looking statement as a result of various factors, including: the uncertainties inherent in the clinical and preclinical development process; the ability of Synlogic toprotect its intellectual property rights; and legislative, regulatory, political and economic developments, as well as those risks identified under the heading Risk Factors in Synlogics filings with the SEC. Theforward-looking statements contained in this press release reflect Synlogics current views with respect to future events. Synlogic anticipates that subsequent events and developments will cause its views to change. However,while Synlogic may elect to update these forward-looking statements in the future, Synlogic specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representingSynlogics view as of any date subsequent to the date hereof.
-more-
MEDIA CONTACT: | INVESTOR CONTACT: | |
Christen Baglaneas Synlogic, Inc. Phone: 617-401-9152 Email: christen.baglaneas@synlogictx.com | Daniel Rosan Synlogic, Inc. Phone: 617-401-9152 Email: dan.rosan@synlogictx.com |
###
Page 2 of 2