STOCK TITAN

Assembly Biosciences Announces October Conference Participation

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Assembly Biosciences (Nasdaq: ASMB) participated in key conferences addressing hepatitis B virus (HBV). On October 5, 2020, Chief Scientific Officer William Delaney discussed critical gaps in HBV cure biomarkers. This was followed by a presentation from CEO John McHutchison at the H.C. Wainwright HBV Mini-Conference on October 20, 2020. The company aims to develop innovative therapies for HBV, which affects over 250 million globally. Current treatments only suppress the virus, highlighting the urgent need for effective therapies.

Positive
  • Participation in influential HBV conferences may enhance visibility and networking opportunities.
  • Focus on developing new therapies for HBV addresses a significant unmet medical need.
Negative
  • None.

SOUTH SAN FRANCISCO, Calif., Oct. 05, 2020 (GLOBE NEWSWIRE) -- Assembly Biosciences, Inc. (Nasdaq: ASMB), a clinical-stage biotechnology company developing innovative therapeutics targeting hepatitis B virus (HBV) and diseases associated with the microbiome, announced participation in two upcoming conferences focused on HBV.

ICE-HBV Serum Biomarkers Virtual Workshop 2020
Panel: What are the virological and immunological gaps that need to be addressed? What biomarkers are most needed to meet HBV cure endpoints?
Panelist: William Delaney, PhD, Chief Scientific Officer, Virology
Date/Time: Monday, October 5, 2020 at 9:35am ET

H.C. Wainwright HBV Mini-Conference - Virtual
Presenter: John McHutchison, AO, MD, Chief Executive Officer and President
Date/Time: Tuesday, October 20, 2020 at 10:30am ET

A webcast of the HBV Mini-Conference will be available in the Events and Presentations section of the Company’s website at www.assemblybio.com.

About HBV
Chronic hepatitis B virus (HBV) infection is a debilitating disease of the liver that afflicts over 250 million people worldwide with up to 90 million people in China, as estimated by the World Health Organization. HBV is a global epidemic that affects more people than hepatitis C virus (HCV) and HIV infection combined—with a higher morbidity and mortality rate. HBV is a leading cause of chronic liver disease and need for liver transplantation, and up to one million people worldwide die every year from HBV-related causes.

The current standard of care for patients with chronic HBV infection is life-long suppressive treatment with medications that reduce, but do not eliminate, the virus, resulting in very low cure rates. There is a significant unmet need for new therapies to treat HBV.

About Assembly Biosciences
Assembly Biosciences, Inc. is a clinical-stage biotechnology company developing innovative therapeutics targeting hepatitis B virus (HBV) and diseases associated with the microbiome. The HBV program is focused on advancing a new class of potent, oral core inhibitors that have the potential to increase cure rates for chronically infected patients. The microbiome program is developing novel oral live microbial biotherapeutic candidates with Assembly’s fully integrated platform, including a robust process for strain identification and selection, GMP manufacturing expertise and targeted delivery to the lower gastrointestinal tract with the GEMICEL® technology. For more information, visit assemblybio.com.

Contacts
Assembly Biosciences, Inc.
Lauren Glaser
Senior Vice President, Investor Relations and Corporate Affairs
(415) 521-3828
lglaser@assemblybio.com

FAQ

What is Assembly Biosciences' stock symbol?

Assembly Biosciences trades under the stock symbol ASMB.

What are the dates of the HBV conferences Assembly Biosciences is participating in?

The ICE-HBV Serum Biomarkers Virtual Workshop is on October 5, 2020, and the H.C. Wainwright HBV Mini-Conference is on October 20, 2020.

What is the significance of chronic hepatitis B virus?

Chronic HBV affects over 250 million people globally, leading to severe liver disease and high mortality rates.

Who are the key presenters at the HBV conferences?

William Delaney, Chief Scientific Officer, and John McHutchison, CEO, are the key presenters.

What is the current treatment approach for chronic HBV infection?

The current treatment involves lifelong suppressive therapy, which does not eliminate the virus.

Assembly Biosciences, Inc

NASDAQ:ASMB

ASMB Rankings

ASMB Latest News

ASMB Stock Data

107.40M
6.35M
31.62%
18.57%
0.26%
Biotechnology
Pharmaceutical Preparations
Link
United States of America
SOUTH SAN FRANCISCO