BARCELONA, SPAIN and CAMBRIDGE, MA--(Marketwired - September 14, 2016) - Oryzon Genomics (MAD: ORY) (ISIN Code: ES0167733015), a public clinical-stage biopharmaceutical company leveraging epigenetics to develop therapies in diseases with strong unmet medical need, announced today it has been selected as one of the 7 finalists by the European Association for Bioindustries (EuropaBio) for its Most Innovative European Biotech SME Awards. The other finalists nominated to this award include: Cellectis, TiGenix, OxyMem, MetGen, Biosyntia, and Plant Response Biotech. This year, 41 companies from 13 different European countries applied for this award.
The Final winner will be announced during EuropaBio's inaugural European Biotech SME Forum on September 27th at Euronext in Brussels. The 7th edition of the Most Innovative European Biotech SME Award is a unique annual initiative recognizing biotech innovation and its contribution to society in Europe in the fields of human health, industrial biotech and agro biotechnology.
Oryzon's CEO, Dr. Carlos Buesa, stated, "this nomination is an honor and a satisfaction as it highlights the cutting edge innovation of ORYZON's R&D in the epigenetic space. Furthermore, it also constitutes a significant recognition for the overall Spanish Biotech sector that is gaining accelerated international visibility in the last years."
The company has currently two experimental epigenetic drugs in clinical development in the areas of oncology and neurodegeneration.
EuropaBio, the European Association for Bioindustries, promotes an innovative and dynamic European biotechnology industry. EuropaBio and its members are committed to the socially responsible use of biotechnology to improve quality of life, to prevent, diagnose, treat and cure diseases, to improve the quality and quantity of food and feedstuffs and to move towards a biobased and zero-waste economy. EuropaBio represents 77 corporate and associate members and bio regions, and 16 national biotechnology associations in turn representing over 1800 biotech SMEs.
Founded in 2000 in Barcelona, Spain, Oryzon (ISIN Code: ES0167733015) is a clinical stage biopharmaceutical company considered as the European champion in Epigenetics. The company has one of the strongest portfolios in the field and a clinical asset already partnered with Roche. Oryzon's LSD1 program is currently covered by 20 patent families and has rendered two compounds in clinical trials. In addition, Oryzon has ongoing programs for developing inhibitors against other epigenetic targets. The company has a strong technological platform for biomarker identification and performs biomarker and target validation for a variety of malignant and neurodegenerative diseases. Oryzon's strategy is to develop first in class compounds against novel epigenetic targets through Phase II clinical trials, at which point it is decided on a case-by-case basis to either keep the development in-house or to partner or out-license the compound for late stage development and commercialization. The company has offices in Barcelona and Cambridge, Massachusetts. For more information, visit www.oryzon.com.
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