Nxera Pharma Co Ltd (OTCPK:SOLTF)

$ 8.052 0.422 (5.53%) Market Cap: 701.82 Mil Enterprise Value: 833.17 Mil PE Ratio: 0 PB Ratio: 1.65 GF Score: 72/100

Sosei Group Corporation - Special Call Transcript

Jan 05, 2021 / NTS GMT

Release Date Price: $16.29 (+3.17%)

Transcript

Unidentified Company Representative

(foreign language)

Shinichi Tamura

Sosei Group Corporation - Founder, Executive Chairman, Representative Executive Officer, President & CEO

(foreign language)

Chris Cargill

Sosei Group Corporation - Executive Officer, Executive VP & CFO

(foreign language)

Over to you now, Miles. Thank you.

Miles Congreve

Sosei Group Corporation - Chief Scientific Officer

Thanks, Chris. So if we can turn to Slide 8, please. Muscarinic M4 and M1 receptors are well-validated targets for both psychosis and cognition and have been worked on by pharmaceutical companies for over 25 years. More than 20 years ago, Eli Lilly successfully demonstrated the antipsychotic effects of an M4/M1 preferring agonist compound called Xanomeline and achieved human proof-of-concept in 2 double-blind, placebo-controlled trials in schizophrenia and Alzheimer's disease patients. The relevant studies are shown on the right-hand side of this slide.

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