Nasdaq

CTD Holdings to Present at WORLD Symposium on Lysosomal Storage Diseases

12-12-2018

ALACHUA, Fla., Dec. 12, 2018 (GLOBE NEWSWIRE) -- CTD Holdings, Inc. (OTCQB: CTDH), a clinical stage biotechnology company that develops cyclodextrin-based products for the treatment of disease with unmet medical need, today announced acceptance of two presentations at the annual WORLD (We’re Organizing Research on Lysosomal Diseases) Symposium to be held February 4 – 8, 2019 in Orlando, Florida. The Symposium is designed for basic, translational and clinical researchers, patient advocacy groups, clinicians and others interested in learning more about the latest discoveries related to lysosomal diseases and the clinical investigation of these advances. WORLD attracts participants from across the globe.

“CTD is pleased to have the opportunity to discuss our latest clinical findings with scientific and clinical colleagues and advocates for Niemann-Pick Disease Type C,” said CTD Chairman and CEO, N. Scott Fine. “This gathering is a significant opportunity for us to share information and to engage with all stakeholders working to end suffering from this tragic disease.”

Niemann-Pick disease type C (NPC) is a rare and fatal genetic disease characterized by the accumulation of cholesterol in every cell in the body. There is no cure.

CTD will present two posters as part of the Late-Breaker session:

Wednesday, February 6, 2019
4:30 pm to 6:30 pm
Hyatt Regency Orlando

The poster titles are:

“Initial findings from a Phase I clinical trial using hydroxypropyl beta cyclodextrin intravenously in Niemann-Pick type C patients”
Caroline Hastings MD; Benny Liu MD, Bryan Hurst MPhil, Bryan Murray MBBS and Sharon Hrynkow PhD. See the abstract Here.

“Initial safety and efficacy findings for a Phase I/II trial of hydroxypropyl beta cyclodextrins administered intravenously in patient with Niemann-Pick Type C disease.”
Reena Sharma, MD; Martin Paucar-Arce, MD; Orna Staretz-Chacham MD; Caroline Hastings MD; Bryan Hurst MPhil; Bryan Murray MBBS; and Sharon Hrynkow PhD. See the abstract Here.
                                                                                                      
“While the ongoing trials are still blinded, the initial findings from both clinical trials using Trappsol® Cyclo™, CTD’s proprietary formulation of hydroxypropyl beta cyclodextrin, are encouraging,” said Sharon Hrynkow PhD, CTD’s Senior Vice President for Medical Affairs. “We are excited to share initial safety data along with biomarker and clinical efficacy data with the NPC community.”

The presentations will be made by Dr. Caroline Hastings, Principal Investigator for the Phase I study at the at UCSF Benioff Children’s Hospital Oakland, CA site and Dr. Reena Sharma, Coordinating Investigator for the Phase I/II EU/Israel study and Principal Investigator at the UK site at Salford Royal Foundation Trust, Salford, joined by Dr. Orna Staretz-Chacham, Principal Investigator for the Soroka Medical Center site in BeerSheva, Israel,and Dr. Hrynkow. CTD Chairman and CEO will attend WORLD and will join the presentations.

About CTD Holdings:
CTD Holdings, Inc. is a clinical-stage biotechnology company that develops cyclodextrin-based products for the treatment of disease. The company’s Trappsol® Cyclo™, an orphan drug designated product in the United States and Europe, is used to treat Niemann-Pick Disease Type C, a rare and fatal genetic disease, on a compassionate use basis as well as in two ongoing formal clinical trials (Clinical Trials.gov NCT02939547 and NCT02912793). Additional indications for the active ingredient in Trappsol® Cyclo™ are in development. For additional information, visit the company’s website: www.ctd-holdings.com

Safe Harbor Statement:
This press release contains “forward-looking statements” about the company’s current expectations about future results, performance, prospects and opportunities. Statements that are not historical facts, such as “anticipates,” “believes” and “expects” or similar expressions, are forward-looking statements. These statements are subject to a number of risks, uncertainties and other factors that could cause actual results in future periods to differ materially from what is expressed in, or implied by, these statements. The factors which may influence the company’s future performance include the company’s ability to obtain additional capital to expand operations as planned, success in achieving regulatory approval for clinical protocols, enrollment of adequate numbers of patients in clinical trials, unforeseen difficulties in showing efficacy of the company’s biopharmaceutical products, success in attracting additional customers and profitable contracts, and regulatory risks associated with producing pharmaceutical grade and food products. These and other risk factors are described from time to time in the company’s filings with the Securities and Exchange Commission, including, but not limited to, the company’s reports on Forms 10-K and 10-Q. Unless required by law, the company assumes no obligation to update or revise any forward-looking statements as a result of new information or future events.

Investor/Media Contact: 
Sitrick and Company 

Wendy Tanaka 
(415) 369-8447 
wtanaka@sitrick.com 

Thomas Mulligan 
(212) 573-6100, Ext. 395
tmulligan@sitrick.com