Amarantus BioSciences, Inc. (OTCBB:AMBS), a biotechnology company
developing Mesencephalic-Astrocyte-derived Neurotrophic Factor (MANF), a
first-in-class disease–modifying therapeutic protein, today announced
that it has been selected to present at 120th National
Investment Banking Association’s Conference in Las Vegas, NV at Caesar’s
Palace on Thursday, December 1st at 10:10am Pacific.
NIBA is the only national not-for-profit trade association of regional
and independent brokerages, investment banking firms, institutional
investors and related capital market service providers. Since its
inception, NIBA member firms have successfully completed
over 1000 equity offerings totaling approximately $10 billion in new
capital for America's finest emerging growth companies. The member firms
of NIBA represent over 8000 registered representatives with an estimated
$78 billion in assets under management, and are responsible for 90% of
all Initial Public Offerings under $20 million.
NIBA conferences provide a venue for invited companies to share
meaningful insight into their business operations, short and long-term
growth strategies and industry vision, and give its members the
opportunity to exchange ideas and information, evaluate presentations
made by public and private companies seeking capital or exposure,
collectively voice their positions on issues impacting the securities
industry, and enhance their knowledge and expertise through ongoing education
programs designed to enable them to remain competitive in today's
financial market.
EVENT INFORMATION AT A GLANCE:
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WHO:
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Gerald Commissiong, President and Chief Executive Officer
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WHEN:
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November 30, 2011 - December 2, 2011
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WHERE:
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Caesars Palace Las Vegas Hotel & Casino- 3570 Las Vegas Blvd South,
Las Vegas, NV
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About MANF (Mesencephalic-Astrocyte-derived Neurotrophic Factor)
MANF (Mesencephalic-Astrocyte-derived Neurotrophic Factor) is a protein
that corrects protein misfolding, one of the major causes of apoptosis
(cell death). This property provides a compelling rationale for the
research and development of MANF-based products as therapeutics for
human disease. The lead MANF product development effort is centered on a
therapy for Parkinson's disease, currently funded by a research grant
from the Michael J. Fox Foundation for Parkinson’s Research. The Company
also owns an inventory of 88 cell lines referred to as "PhenoGuard Cell
Lines.” MANF was the first therapeutic protein discovered from a
PhenoGuard Cell Line. It is anticipated that additional therapeutic
proteins useful for various therapeutic approaches to the Central
Nervous System (CNS) will be identified from the Company’s inventory of
PhenoGuard Cell Lines.
About Amarantus BioSciences, Inc.
Amarantus BioSciences, Inc. is a California-based development-stage
biotechnology company founded in January 2008. The Company has a focus
on developing certain biologics surrounding the intellectual property
and proprietary technologies it owns to treat Parkinson’s disease and
other human diseases. The Company owns the intellectual property rights
to a therapeutic protein known as Mesencephalic-Astrocyte-derived
Neurotrophic Factor ("MANF"). For further information please visit www.amarantus.com.
Forward Looking Statements
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Such
statements include, but are not limited to, statements about the
possible benefits of MANF therapeutic applications and/or advantages
presented by Amarantus’ PhenoGuard technology, as well as statements
about expectations, plans and prospects of the development of Amarantus'
new product candidates. These forward-looking statements are subject to
a number of risks, uncertainties and assumptions, including the risks
that the anticipated benefits of the therapeutic drug candidates or
discovery platforms, as well as the risks, uncertainties and assumptions
relating to the development of Amarantus' new product candidates,
including those identified under "Risk Factors" in Amarantus' most
recently filed Annual Report on Form 10-K and Quarterly Report on Form
10-Q and in other filings Amarantus periodically makes with the SEC.
Actual results may differ materially from those contemplated by these
forward-looking statements Amarantus does not undertake to update any of
these forward-looking statements to reflect a change in its views or
events or circumstances that occur after the date of this presentation.
