Mateon Provides Update on its R&D Effort Against COVID-19
MATEON THERAPEUTICS (MATN)
Last mateon therapeutics earnings: 11/19 05:25 pm
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Source: GlobeNewswire
AGOURA HILLS, Calif., April 30, 2020 (GLOBE NEWSWIRE) -- Mateon Therapeutics Inc. (OTCQB:MATN) report several peer-reviewed publications derived from its R&D effort against COVID-19. Published April 24th, is a special report in the biomedical journal Annals of Pulmonary and Critical Care Medicine regarding the medical-scientific rationale for its planned randomized, placebo-controlled, Phase 2 Study of OT-101 in COVID-19 patients with hypoxemic respiratory failure. In this publication, we are proposing that COVID-19 is a TGF-ß driven disease treatable with TGF-ß inhibitor such as Mateon’s OT-101. As the virus replicates it releases TGF-ß which drives viral replication, drives water accumulation in the lung, and drives neutrophil mediated inflammation ultimately resulting in death from acute respiratory distress syndrome (ARDS) and its complications. “We are advancing quickly the clinical development of OT-101 against COVID-19. We would encourage other developers of TGF-ß inhib
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