Amolyt Pharma Named 'Biotech Company of the Year' at the LSX European Lifestars Awards
LYON, France and CAMBRIDGE, Mass., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Amolyt Pharma, a global company specialized in developing therapeutic peptides for rare endocrine and related diseases, has been awarded ‘Biotech Company of the Year 2023’ at the annual LSX, European Lifestars Awards Ceremony, held on November 13th in London, U.K.
The European Lifestars Awards (ELAs) are an annual event that acknowledges and celebrates the significant achievements within the life sciences sector across Europe. These awards recognize the innovation and ground-breaking achievements of the life sciences industry's most distinguished executive leaders, investors, partners, and dealmakers for their outstanding contributions to the advancement of the industry. The ‘Biotech of the Year’ award recognizes a company that has shown outstanding excellence in strategy, process, focus, and execution and has created significant value for patients, investors, employees, and the broader life science community.
"We are incredibly proud to receive the 'Biotech of the Year' award, which signifies a landmark moment for Amolyt as we mark a pivotal year of growth,” said Thierry Abribat, Ph.D., Founder and CEO of Amolyt Pharma. “This accolade reflects the tireless dedication of our team, under the expert guidance from our board of directors, and with strong support from our investors. Together, we've cultivated a culture of excellence and commitment towards patients, advancing our clinical pipeline of therapeutic peptides for rare endocrine diseases. As we edge closer to potentially bringing eneboparatide to market for patients with hypoparathyroidism, this honor is a tribute to the collective efforts and unwavering spirit of our employees since the company's launch four years ago."
More than half of all patients are post-menopausal women who are at an increased risk for developing osteoporosis. In a 515 hypoparathyroidism patient chart review, 17% were diagnosed with osteopenia or osteoporosis, and in the eneboparatide Phase 2a trial, 43% of patients had osteopenia. Approximately 26% of patients with hypoparathyroidism have chronic kidney disease or failure, highlighting the importance of reducing urinary calcium excretion as a key treatment goal.
About Amolyt Pharma
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