{"id":517196,"date":"2021-07-23T16:43:01","date_gmt":"2021-07-23T20:43:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hepion-pharmaceuticals-announces-postponement-of-2021-annual-meeting-of-stockholders\/"},"modified":"2021-07-23T16:43:01","modified_gmt":"2021-07-23T20:43:01","slug":"hepion-pharmaceuticals-announces-postponement-of-2021-annual-meeting-of-stockholders","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hepion-pharmaceuticals-announces-postponement-of-2021-annual-meeting-of-stockholders\/","title":{"rendered":"Hepion Pharmaceuticals Announces Postponement of 2021 Annual Meeting of Stockholders"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">EDISON, N.J., July  23, 2021  (GLOBE NEWSWIRE) &#8212; Hepion Pharmaceuticals, Inc. (NASDAQ:HEPA), a clinical stage biopharmaceutical company focused on the development of therapeutic drugs for the treatment of liver disease arising from non-alcoholic steatohepatitis (&#8220;NASH&#8221;), today announced the postponement of its adjourned 2021 Annual Meeting of Stockholders (the &#8220;Annual Meeting&#8221;) that was to be held on\u00a0July 23, 2021, at\u00a09:00 a.m. Eastern Time due to a lack of a quorum. The meeting will be rescheduled for a date yet to be determined by the Board of Directors. The Board of Directors will establish a new record date for the Annual Meeting and, based on this record date, the Company will deliver a notice of the new Annual Meeting date to stockholders entitled to receive notice of the Annual Meeting.<\/p>\n<p align=\"justify\">\n        <strong>About Hepion Pharmaceuticals<\/strong>\n      <\/p>\n<p align=\"justify\">The Company&#8217;s lead drug candidate, CRV431, is a potent inhibitor of cyclophilins, which are involved in many disease processes. CRV431 is currently in clinical-phase development for the treatment of NASH, with the potential to play an important role in the overall treatment of liver disease &#8211; from triggering events through to end-stage disease. CRV431 has been shown to reduce liver fibrosis and hepatocellular carcinoma tumor burden in experimental models of NASH; and has demonstrated antiviral activities towards HBV, HCV, and HDV through several mechanisms, in nonclinical studies.<\/p>\n<p align=\"justify\">Hepion has created a proprietary AI platform, called AI-POWR\u2122, which stands for\u00a0<strong>A<\/strong>rtificial Intelligence &#8211;\u00a0<strong>P<\/strong>recision Medicine;\u00a0<strong>O<\/strong>mics (including genomics, proteomics, metabolomics, transcriptomics, and lipidomics);\u00a0<strong>W<\/strong>orld database access; and\u00a0<strong>R<\/strong>esponse and clinical outcomes. Hepion intends to use AI-POWR\u2122 to help identify which NASH patients will best respond to CRV431, potentially shortening development timelines and increasing the delta between placebo and treatment groups. In addition to using AI-POWR\u2122 to drive its ongoing Phase 2a NASH program, Hepion will use the platform to identify additional potential indications for CRV431 to expand the company&#8217;s footprint in the cyclophilin inhibition therapeutic space.<\/p>\n<p align=\"justify\">\n        <strong>Forward Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201cforecast,\u201d \u201cestimated,\u201d and \u201cintend,\u201d among others. These forward-looking statements are based on Hepion Pharmaceuticals\u2019 current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, substantial competition; our ability to continue as a going concern; our need for additional financing; uncertainties of patent protection and litigation; risks associated with delays, increased costs and funding shortages caused by the COVID-19 pandemic; uncertainties with respect to lengthy and expensive clinical trials, that results of earlier studies and trials may not be predictive of future trial results; uncertainties of government or third party payer reimbursement; limited sales and marketing efforts and dependence upon third parties; and risks related to failure to obtain FDA clearances or approvals and noncompliance with FDA regulations. As with any drug candidates under development, there are significant risks in the development, regulatory approval, and commercialization of new products. There are no guarantees that future clinical trials discussed in this press release will be completed or successful, or that any product will receive regulatory approval for any indication or prove to be commercially successful. Hepion Pharmaceuticals does not undertake an obligation to update or revise any forward-looking statement. Investors should read the risk factors set forth in Hepion Pharmaceuticals\u2019 Form 10-K for the year ended December 31, 2020 and other periodic reports filed with the Securities and Exchange Commission.<\/p>\n<p>For further information, please contact:<\/p>\n<p>Stephen Kilmer<br \/>Hepion Pharmaceuticals Investor Relations<br \/>Direct: (646) 274-3580<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zFQq1tt2ryaPP2Y3Dot_or1PeAL3cP0nRsxkC82vkS5EOCZcsNZBHWH0kdGBLPPV5cMN7_g6O57rtVXqCo-IX9a1mZfxuRSKA6Mi2rCyiB1TTX9CQkm3ekgjGGNzrQVDwwZz4tcdYTF7D7wfc1jhyuRfhsrplDlT3sf0D8k880_vVfuVOOXb7p3e4kbO7RYyTjXcZciBFEoe3N6y1OdZyG3wH9EmN1gUsYDtLT3QT92miOV6qF6XN9GpgLuIjFAaKwJbZoy_SfwKufQOFiVFyQ==\" rel=\"nofollow noopener\" target=\"_blank\">skilmer@hepionpharma.com<\/a><\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4NTk3NCM0MzEyNjQzIzIwODI1NzU=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/6d96c8bc-f8b5-4aac-9f18-90bc92edaa2c\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>EDISON, N.J., July 23, 2021 (GLOBE NEWSWIRE) &#8212; Hepion Pharmaceuticals, Inc. (NASDAQ:HEPA), a clinical stage biopharmaceutical company focused on the development of therapeutic drugs for the treatment of liver disease arising from non-alcoholic steatohepatitis (&#8220;NASH&#8221;), today announced the postponement of its adjourned 2021 Annual Meeting of Stockholders (the &#8220;Annual Meeting&#8221;) that was to be held on\u00a0July 23, 2021, at\u00a09:00 a.m. Eastern Time due to a lack of a quorum. The meeting will be rescheduled for a date yet to be determined by the Board of Directors. The Board of Directors will establish a new record date for the Annual Meeting and, based on this record date, the Company will deliver a notice of the new Annual Meeting date to stockholders &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hepion-pharmaceuticals-announces-postponement-of-2021-annual-meeting-of-stockholders\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Hepion Pharmaceuticals Announces Postponement of 2021 Annual Meeting of Stockholders&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-517196","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hepion Pharmaceuticals Announces Postponement of 2021 Annual Meeting of Stockholders - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hepion-pharmaceuticals-announces-postponement-of-2021-annual-meeting-of-stockholders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hepion Pharmaceuticals Announces Postponement of 2021 Annual Meeting of Stockholders - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"EDISON, N.J., July 23, 2021 (GLOBE NEWSWIRE) &#8212; Hepion Pharmaceuticals, Inc. (NASDAQ:HEPA), a clinical stage biopharmaceutical company focused on the development of therapeutic drugs for the treatment of liver disease arising from non-alcoholic steatohepatitis (&#8220;NASH&#8221;), today announced the postponement of its adjourned 2021 Annual Meeting of Stockholders (the &#8220;Annual Meeting&#8221;) that was to be held on\u00a0July 23, 2021, at\u00a09:00 a.m. Eastern Time due to a lack of a quorum. The meeting will be rescheduled for a date yet to be determined by the Board of Directors. The Board of Directors will establish a new record date for the Annual Meeting and, based on this record date, the Company will deliver a notice of the new Annual Meeting date to stockholders &hellip; Continue reading &quot;Hepion Pharmaceuticals Announces Postponement of 2021 Annual Meeting of Stockholders&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/hepion-pharmaceuticals-announces-postponement-of-2021-annual-meeting-of-stockholders\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-23T20:43:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4NTk3NCM0MzEyNjQzIzIwODI1NzU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hepion-pharmaceuticals-announces-postponement-of-2021-annual-meeting-of-stockholders\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hepion-pharmaceuticals-announces-postponement-of-2021-annual-meeting-of-stockholders\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Hepion Pharmaceuticals Announces Postponement of 2021 Annual Meeting of Stockholders\",\"datePublished\":\"2021-07-23T20:43:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hepion-pharmaceuticals-announces-postponement-of-2021-annual-meeting-of-stockholders\\\/\"},\"wordCount\":618,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hepion-pharmaceuticals-announces-postponement-of-2021-annual-meeting-of-stockholders\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODI4NTk3NCM0MzEyNjQzIzIwODI1NzU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hepion-pharmaceuticals-announces-postponement-of-2021-annual-meeting-of-stockholders\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hepion-pharmaceuticals-announces-postponement-of-2021-annual-meeting-of-stockholders\\\/\",\"name\":\"Hepion Pharmaceuticals Announces Postponement of 2021 Annual Meeting of Stockholders - 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(NASDAQ:HEPA), a clinical stage biopharmaceutical company focused on the development of therapeutic drugs for the treatment of liver disease arising from non-alcoholic steatohepatitis (&#8220;NASH&#8221;), today announced the postponement of its adjourned 2021 Annual Meeting of Stockholders (the &#8220;Annual Meeting&#8221;) that was to be held on\u00a0July 23, 2021, at\u00a09:00 a.m. Eastern Time due to a lack of a quorum. The meeting will be rescheduled for a date yet to be determined by the Board of Directors. The Board of Directors will establish a new record date for the Annual Meeting and, based on this record date, the Company will deliver a notice of the new Annual Meeting date to stockholders &hellip; Continue reading \"Hepion Pharmaceuticals Announces Postponement of 2021 Annual Meeting of Stockholders\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/hepion-pharmaceuticals-announces-postponement-of-2021-annual-meeting-of-stockholders\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-23T20:43:01+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4NTk3NCM0MzEyNjQzIzIwODI1NzU=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hepion-pharmaceuticals-announces-postponement-of-2021-annual-meeting-of-stockholders\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hepion-pharmaceuticals-announces-postponement-of-2021-annual-meeting-of-stockholders\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Hepion Pharmaceuticals Announces Postponement of 2021 Annual Meeting of Stockholders","datePublished":"2021-07-23T20:43:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hepion-pharmaceuticals-announces-postponement-of-2021-annual-meeting-of-stockholders\/"},"wordCount":618,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hepion-pharmaceuticals-announces-postponement-of-2021-annual-meeting-of-stockholders\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4NTk3NCM0MzEyNjQzIzIwODI1NzU=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hepion-pharmaceuticals-announces-postponement-of-2021-annual-meeting-of-stockholders\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/hepion-pharmaceuticals-announces-postponement-of-2021-annual-meeting-of-stockholders\/","name":"Hepion Pharmaceuticals Announces Postponement of 2021 Annual Meeting of Stockholders - 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