ORYZON holds its 4th annual Solidarity Day
The OSD is an annual initiative whereby the company's employees devote part of their working hours to carry out activities that can have a positive impact on society
MADRID, SPAIN and CAMBRIDGE, MA, UNITED STATES, October 20th 2020 – Oryzon Genomics, S.A. (ISIN Code: ES0167733015, ORY), a clinical-stage biopharmaceutical company leveraging epigenetics to develop therapies in diseases with strong unmet medical need, celebrated yesterday the Oryzon Solidarity Day (OSD) for the fourth consecutive year. The OSD is an annual initiative whereby the company's employees devote part of their working hours to carry out activities that can have a positive impact on society.
The COVID 19 pandemic has had a strong impact on social relations, economic activity and the health of the world's population. Blood reserves have been made available to health centers, and the degree of demand has generated a deficit situation for blood transfusions. Collaboration and social contribution are especially necessary at these difficult times. Within the framework of its annual OSD 2020, Oryzon has promoted a collaboration with the Vall d'Hebron hospital that has allowed the donation of blood by Oryzon’s employees, contributing to the supply of the hospital’s blood bank.
Enric Rello, Oryzon’s CFO & COO and CSR Director, commented: “Donating blood is a right and a moral obligation for all of us who can collaborate with our society. But there are many other disadvantaged people who have further needs as a consequence of the economic crisis derived from the COVID 19 pandemic, in particular access to food. For this reason, for each blood donation made by our employees during the OSD the company will contribute with money to the food campaign coordinated by the Red Cross of Cornellà de Llobregat.”
Additionally, during OSD 2020 actions have been carried out to disseminate and promote bone marrow donation, promoting the incorporation of donors in the Spanish Registry of Bone Marrow Donors (REDMO). Bone marrow transplantation is a medical procedure to replace defective stem cells in the bone marrow of a person with leukemia or other blood diseases.
Oryzon currently has a drug under clinical development in the field of leukemia, iadademstat, which is being evaluated in a Phase II clinical trial in first-line elderly patients with acute myeloid leukemia not eligible for intensive chemotherapy, in combination with the hypomethylating agent azacitidine (ALICE trial). Oryzon has published promising preliminary efficacy results at several international conferences, most recently at the European Association of Hematology (EHA) conference, EHA-2020, and expects to present additional data from this trial at the American Society of Hematology conference, ASH-2020, in December.
Founded in 2000 in Barcelona, Spain, Oryzon (ISIN Code: ES0167733015) is a clinical stage biopharmaceutical company considered as the European champion in Epigenetics. Oryzon has one of the strongest portfolios in the field. Oryzon’s LSD1 program has rendered two compounds, vafidemstat and iadademstat, in clinical trials. In addition, Oryzon has ongoing programs for developing inhibitors against other epigenetic targets. Oryzon has a strong technological platform for biomarker identification and performs biomarker and target validation for a variety of malignant and neurological diseases. Oryzon has offices in Spain and the United States. For more information, visit www.oryzon.com
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