ROCKVILLE, Md., Feb. 7, 2013 /PRNewswire/ -- Neuralstem, Inc. (NYSE MKT: CUR) announced that President and CEO Richard Garr will present at the 15th Annual BIO CEO & Investor Conference 2013 in New York City on Tuesday, February 12, at 9:30 a.m. EST, in the Duke of Windsor Room at The Waldorf Astoria Hotel. Garr will present an update on the company's NSI-566 cell therapy clinical trials, including the FDA-approved chronic spinal cord injury Phase I; ALS Phase II; and the ischemic stroke Phase I/II in Beijing, which the company expects to initiate this month. Additionally, Garr will provide an update on Neuralstem's neurogenic small molecule NSI-189 Phase Ib trial in major depressive disorder.
The webcast will be available in real-time at http://www.veracast.com/webcasts/bio/ceoinvestor2013/22206293.cfm and, again, beginning one hour after the conclusion of the live event, and archived for 90 days. The webcast link will also be posted on the Investor Center home page on Neuralstem's website: www.neuralstem.com.
The BIO CEO & Investor Conference 2013 will be held in New York City, February 11-12. For more information, see: http://www.bio.org/events/conferences/bio-ceo-investor-conference.
Neuralstem's President and CEO Richard Garr is also scheduled to serve on the panel, "Treating the Aging Patient with Stem Cells," at the 8th Annual New York Stem Cell Summit '13, also in New York City, on Tuesday, February 19, beginning at 11:05 a.m. EST. For more information, see: http://www.stemcellsummit.com/newyork/.
Garr is also scheduled to present at the 7th Annual BIO-Europe Spring Conference 2013, CNS/Neurology track, on Tuesday, March 12, at 9:30 a.m., in Barcelona. For more information, see: http://www.ebdgroup.com/bes/index.php.
Neuralstem's patented technology enables the ability to produce neural stem cells of the human brain and spinal cord in commercial quantities, and the ability to control the differentiation of these cells constitutively into mature, physiologically relevant human neurons and glia. Neuralstem completed dosing of the last patient in an FDA-approved Phase I safety clinical trial for amyotrophic lateral sclerosis (ALS), often referred to as Lou Gehrig's disease, in August 2012; the trial ends six months after that last surgery. Neuralstem has been awarded orphan status designation by the FDA for its ALS cell therapy.
In addition to ALS, the company is also targeting major central nervous system conditions with its NSI-566 cell therapy platform, including spinal cord injury, ischemic stroke and glioblastoma (brain cancer). The company received approval to commence a Phase I safety trial in chronic spinal cord injury in January 2013.
Neuralstem also has the ability to generate stable human neural stem cell lines suitable for the systematic screening of large chemical libraries. Through this proprietary screening technology, Neuralstem has discovered and patented compounds that may stimulate the brain's capacity to generate new neurons, possibly reversing the pathologies of some central nervous system conditions. The company is in a Phase Ib safety trial evaluating NSI-189, its first neurogenic small molecule compound, for the treatment of major depressive disorder (MDD). Additional indications could include chronic traumatic encephalopathy (CTE), Alzheimer's disease, and post-traumatic stress disorder (PTSD).
Cautionary Statement Regarding Forward Looking Information
This news release may contain forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements in this press release regarding potential applications of Neuralstem's technologies constitute forward-looking statements that involve risks and uncertainties, including, without limitation, risks inherent in the development and commercialization of potential products, uncertainty of clinical trial results or regulatory approvals or clearances, need for future capital, dependence upon collaborators and maintenance of our intellectual property rights. Actual results may differ materially from the results anticipated in these forward-looking statements. Additional information on potential factors that could affect our results and other risks and uncertainties are detailed from time to time in Neuralstem's periodic reports, including the annual report on Form 10-K for the year ended December 31, 2011 and the quarterly report on Form 10-Q for the period ended September 30, 2012.
SOURCE Neuralstem, Inc.