TyrNovo Ltd., a Kitov Pharmaceuticals Holdings Ltd. (NASDAQ and TASE: KTOV) company focused on the development of small molecules to overcome cancer drug resistance, has been selected to be a part of the Israel Pavilion at the 2017 BIO International Convention, taking place June 18-22, 2017, at the San Diego Convention Center, San Diego, CA. The Israeli Pavilion is being sponsored by the Israel Innovation Authority (formerly known as Office of the Chief Scientist of the Ministry of Economy and Industry).
Dr. Hadas Reuveni, TyrNovo's Founder and Chief Technology Officer, said, "We are very pleased to have been selected by the Israel Innovation Authority as one of a small number of companies to be a part of the Israeli delegation at the 2017 BIO International Convention. We look forward to highlighting the potential of NT-219, our lead drug candidate, which is being developed to overcome cancer drug resistance, at this important industry event."
Dr. Reuveni and other members of TyrNovo's senior leadership team will be available to meet with prospective partners and collaborators at the Israeli Pavilion during the conference.
An updated Kitov group slide presentation will be made available on the Kitov website at http://www.kitovpharma.com and furnished to the U.S. Securities and Exchange Commission on Form 6-K prior to the BIO International Convention.
TyrNovo Ltd. is developer of novel small molecules in the oncology therapeutic field which is majority owned by Kitov Pharmaceuticals (NASDAQ/TASE: KTOV). TyrNovo is developing NT219, a potential oncology combination product. NT219 is a small molecule that presents a new concept in cancer therapy. In combination with various approved oncology drugs, NT219 has demonstrated potent anti-tumor effects and increased survival in various cancer models, including sarcoma, melanoma, pancreatic, lung, ovarian, head & neck, prostate and colon cancers. Its mechanism of action is through the prevention of acquired resistance in tumors and by regression of resistant tumors. For more information on TyrNovo please visit http://www.tyrnovopharma.com.
About Kitov Pharmaceuticals
Kitov Pharmaceuticals (NASDAQ/TASE: KTOV) is an innovative biopharmaceutical drug development company. Leveraging deep regulatory and clinical-trial expertise, Kitov's veteran team of healthcare professionals maintains a proven track record in streamlined end-to-end drug development and approval. Kitov's flagship combination drug, KIT-302, intended to treat osteoarthritis pain and hypertension simultaneously, achieved the primary efficacy endpoint for its Phase III clinical trial, and its New Drug Application for the U.S. Food and Drug Administration is currently being prepared for submission. By lowering development risk and cost through fast-track regulatory approval of novel late-stage therapeutics, Kitov plans to deliver rapid ROI and long-term potential to investors, while making a meaningful impact on people's lives. For more information on Kitov, the content of which is not part of this press release, please visit http://www.kitovpharma.com.
Forward-Looking Statements and Kitov's Safe Harbor Statement
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