Meg Alexander: Company Progressing Well, Well Capitalized into 2029
"Our first quarter reflected focused execution and continued progress across our pipeline of potentially transformative small molecule medicines for intractable brain conditions," stated Meg Alexander, President and Chief Executive Officer. "Our development programs remain on track, our clinical organization has expanded, and we expect to be well capitalized into 2029, positioning us for multiple anticipated proof-of-concept and proof-of-signal readouts. We are especially pleased to have initiated Phase 1 dosing this month for our oral KCC2 direct activator, OV4071, alongside the expansion of OV329's development programs, as we advance therapies targeting mechanisms central to excitatory/inhibitory balance in the brain."