Pressmeddelanden

Lipigon and HitGen achieve milestone in dyslipidemia project collaboration

Lipigon Pharmaceuticals AB ("Lipigon"), developer of therapeutics for lipid-related diseases, today announced that the company has successfully completed the first small molecule screening with HitGen Inc. ("HitGen") within the frame of Lipigon's dyslipidemia project. This concludes the first important step in the joint venture to develop a small molecule compound for treatment of dyslipidemia and cardiometabolic disease.

Lipigon and HitGen will with joint efforts develop molecules enhancing the enzyme lipoprotein lipase ("LPL"), which plays a critical role in breaking down fat in the blood. LPL is a well-validated target for lipid disorders where Lipigon has more than 50 years of research experience. The next step of the hit validation will be performed by Lipigon in the coming months.

Using HitGen's proprietary DEL screening platform, the parties have identified novel small molecules consisting of LPL binders that could be starting points for developing a drug candidate. Selective LPL binders have not previously been reported by others. Compared to traditional high-throughput screening, HitGen's DEL technology enables the screening of thousand-fold more compounds.

"We are excited to now start the validation work with these molecules. LPL binders are scarce, but we now have several interesting hits in different compound classes to explore. While still early in the drug development process and according to previously communicated plan, this is a significant step and means that we have reached a milestone," said Dr. Stefan K. Nilsson, CEO of Lipigon.

"Lipigon is internationally recognized for its expertise in lipid biology. We are pleased to prove the strength of our DEL platform once again by generating compounds that can be the starting points for a lipoprotein lipase enhancing therapy. We look forward to continued work with the Lipigon team and continued advancements in the field of lipid biology," said Dr. Jin Li, Chairman of the Board and Chief Executive Officer of HitGen.

Lipigon and HitGen currently collaborate on two targets. Lipigon will be responsible for clinical development and out-licensing of commercialization rights of the drug candidates. HitGen is entitled to a starting fee and revenue sharing for any candidate resulting from the collaboration.

For more information about Lipigon, please contact:
Stefan K. Nilsson, CEO, Lipigon
Email: stefan@lipigon.se
Phone: +46 705 78 17 68

This is an English translation of the Swedish original. In case of discrepancies, the Swedish original shall prevail.

About Lipigon
Lipigon develops novel therapeutics for patients with lipid metabolism disorders. The company is based on over 50 years of lipid research at Umeå University, Sweden. Lipigon's initial focus is on orphan drugs and niche indications, but in the long term, the company will have the opportunity to target broader indications in the area, such as diabetes and cardiovascular disease. Lipigon's pipeline includes four active projects: the RNA-drug Lipisense, for treatment of hypertriglyceridemia; an RNA-drug for treatment of acute respiratory distress syndrome; a gene therapy treatment for the rare disease lipodystrophy, together with Combigene AB (publ); and a small molecule program for treatment of dyslipidemia in collaboration with HitGen (Inc).

The company's share (LPGO) is traded on the Nasdaq First North Growth Market. Certified Adviser is G&W Fondkommission, email: ca@gwkapital.se, phone: +46 8 503 000 50.

About HitGen Inc.
HitGen Inc. is a rapidly developing biotech company headquartered in Chengdu, China, with subsidiaries in Cambridge, UK and Houston, USA. It became a publicly listed company on Shanghai Stock Exchange in April 2020 (ticker code 688222.SH). HitGen has established an industry-leading platform for early-stage drug discovery research, based on DNA encoded chemical libraries (DELs).

HitGen is collaborating with pharmaceutical, biotech and chemical companies, foundations and research institutes in North America, Europe, Asia, Africa, and Australia to enable the discovery and development of novel medicines and agrochemicals.

For more information, please call +86-28-85197385, +1-508-840-9646 or visit www.hitgen.com.
For media inquiries: media@hitgen.com
For investor inquiries: investors@hitgen.com
For business development: bd@hitgen.com

2021-08-10

Nedan följer utdrag ur Emergers analys. För hela analysen se bifogad pdf samt länkar nedan.

Parallellt med förberedelserna för att ta Lipisense in i kliniska studier pågår arbetet med att validera de 20-talet resultat från screeningsamarbetet med HitGen. Dessutom noterar vi en ökad internationell uppmärksamhet för Lipigon. Med låga trösklar för produktgodkännande för Lipisense, flertal närtida möjliga triggers, stöd av insiderköp, starka finanser och en fortsatt anmärkningsvärt pressad värdering ser vi en hög potential för aktien.

2021-07-02

I en Sitdown-intervju med Finwire berättar Lipigons vd Stefan K. Nilsson om huvudprojektet Lipisense som utvecklas för att behandla förhöjda blodfetter (triglycerider). Samtalet handlar också om bolagets fokus på ovanliga sjukdomar, marknadspotential och primära målsättning under kommande kvartal.

2021-07-02

Lipigon Pharmaceuticals AB ("Lipigon") som utvecklar läkemedel mot sjukdomar orsakade av rubbningar i kroppens hantering av fetter, meddelar i dag att de har valt kontraktsforskningsorganisation (CRO) för den kliniska fas I-studien med Lipisense för behandling av kraftigt förhöjda triglycerider (blodfett) med förväntad start under första halvåret 2022.

2021-07-01

Analysguiden inleder bevakning av Lipigon med en riktkurs på 17 kronor per aktie, baserat på Lipisense - det utvecklingsprojekt som har kommit längst av bolagets fyra prekliniska projekt.

2021-06-30

I dag onsdag den 30 juni kl. 17.30 kommer Lipigon Pharmaceuticals AB ("Lipigon") att medverka på FS Markets Investerarmötet-Live. Lipigons vd Stefan K. Nilsson presenterar bolaget och kommande milstolpar.

2021-06-28
Regulatorisk

Lipigon Pharmaceuticals AB ("Lipigon") meddelar i dag att styrelseordförande Urban Paulsson, styrelseledamot Jessica Martinsson, styrelseledamot Lars Öhman samt COO Eva Arlander och CFO Michael Owens har köpt aktier i Lipigon till ett sammanlagt värde om 545 tkr till ett genomsnittspris om 7,11 kronor per aktie.

2021-06-24

På onsdag den 30 juni kl. 17.30 kommer Lipigon Pharmaceuticals AB ("Lipigon") att medverka på FS Markets Investerarmötet-Live. Lipigons vd Stefan K. Nilsson presenterar bolaget och kommande milstolpar.

2021-06-15
Regulatorisk

Lipigon Pharmaceuticals AB ("Lipigon") meddelar idag att styrelseledamoten Jens Ålander på egen begäran avgår från styrelsen med omedelbar verkan. Bakgrunden till beslutet är personliga skäl.

2021-06-15

Som tidigare meddelats har Lipigon Pharmaceuticals AB ("Lipigon") utsett Eva Arlander till bolagets COO, som ett led i bolagets tillväxtstrategi inför kommande kliniska studier med huvudprojektet Lipisense. Eva Arlander har mångårig erfarenhet inom klinisk läkemedelsutveckling på bland annat AstraZeneca och Medivir.

2021-06-07

Lipigon Pharmaceuticals AB ("Lipigon"), developer of therapeutics for lipid-related diseases, today announced that the company has successfully completed the first small molecule screening with HitGen Inc. ("HitGen") within the frame of Lipigon's dyslipidemia project. This concludes the first important step in the joint venture to develop a small molecule compound for treatment of dyslipidemia and cardiometabolic disease.

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