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ENB Therapeutics, LLC Wins Mid-Atlantic Bio Angels 1st Pitch Life Science Competition

NEW YORK, April 29, 2016 (GLOBE NEWSWIRE) -- Mid-Atlantic Bio Angels (MABA) announces today that ENB Therapeutics, LLC (http://www.enbpharma.com) was voted as “Best in Show” at MABA's 1st Pitch Life Science April event, which took place on April 19, 2016 at Medidata Solutions in NYC. ENB Therapeutics develops novel nanoparticle formulations to enhance drug effectiveness and prevent brain metastasis in melanoma patients.

"There are significant gaps in care for melanoma, including a large number of patients with melanoma who are either resistant or non-responsive to existing drugs. We hope to utilize our proprietary formulation of a well-studied molecule and advance the understanding of the role of the endothelin pathway in driving the spread of melanoma in order to introduce a new paradigm to address those gaps, while appropriately balancing risk and capital efficiency,” said Sumayah Jamal, M.D., Ph.D., chief scientific officer and co-founder of ENB Therapeutics, LLC. “We are grateful to MABA and the 1st Pitch NYC panelists for providing us with the opportunity to bring our story to light, as we continue on that journey."

1st Pitch Life Science (http://www.1stpitchlifescience.com) has been organized by MABA, a life science investor group, to encourage and educate aspiring life science entrepreneurs who know they may be too early to seek investment but want the opportunity to practice their pitch and to receive constructive criticism from experienced and knowledgeable professionals.

“Sumayah Jamal did a great job engaging with the audience and articulating her company’s technology and its expected path to market. She is clearly passionate about her company and made a compelling presentation which earned her the Best in Show title,” said Yaniv Sneor, MABA co-founder and President of Blue Cactus Consulting.

About ENB Therapeutics
ENB Therapeutics develops novel nanoparticle formulations to treat and prevent drug resistance and/or failure and brain metastasis in melanoma patients. Its lead product, ENB-001, was recently granted Orphan Drug status for the treatment of Stage IIb-IV melanoma.

About Mid Atlantic Bio Angels
Mid Atlantic Bio Angels (http://bioangels.net) is a group of active angel investors, which meets in New York City monthly (except July and August) solely to hear from pre-screened early-stage life science companies. MABA members consist of individuals from Delaware to Massachusetts with significant expertise and experience in the biotechnology, pharmaceutical and healthcare industries, including former and current corporate executives, doctors and Ph.D. scientists with product development backgrounds, successful medical entrepreneurs and analyst/investors focused on life sciences. MABA's goal is to create an environment where the depth of investors' knowledge coupled with the pre-screening of presenting companies enhances the potential for meaningful investment.

CONTACT: Jules Abraham JQA Partners, Inc. jabraham@jqapartners.com 917-885-7378

Source: Mid Atlantic Bio Angels