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Telo Genomics to present abstract at myeloma meeting

TELO · Price
Executive Summary
- Telo Genomics Corp. announced that its abstract regarding "3-D Telomere Profiling of MRD (Minimal Residual Disease) in Liquid Biopsy" has been accepted for a poster presentation at the 22nd International Myeloma Society annual meeting in Toronto, Canada (Sept. 17-20, 2025).
- The company disclosed the issuance of 411,539 common shares to Trusted Health Advisors LLC (THA) to compensate for partnering and commercialization services provided from January to July 1, 2025.
- The share issuance was valued at approximately $50,369 (CAD), with specific pricing tiers and voluntary resale restrictions attached to the shares.
Key Details
- Conference Acceptance:
- Event: 22nd International Myelium Society Annual Meeting.
- Location: Toronto, Canada.
- Dates: September 17 to September 20, 2025.
- Presentation Title: "3-D Telomere Profiling of MRD (Minimal Residual Disease) in Liquid Biopsy as a Predictive Marker of Disease Stability or Progression."
- Presenter: Dr. Yulia Shifrin, Laboratory Director of Telo Genomics.
- Publication: Abstract will be published in Clinical Lymphoma, Myeloma & Leukemia.
- Technology: Utilizes TeloView profiling methodology for MRD assessment.
- Share Issuance to Trusted Health Advisors LLC (THA):
- Total Shares Issued: 411,539 common shares.
- Purpose: Compensation for partnering and commercialization services provided from January to July 1, 2025.
- Tranche 1: 214,605 shares issued at a deemed price of $0.12 per share.
- Tranche 2: 196,934 shares issued at a deemed price of $0.125 per share.
- Total Consideration: Approximately $50,369 (CAD) / $36,000 (USD).
- Hold Period: All shares subject to a four-month hold period expiring November 11, 2025.
- Voluntary Resale Restrictions:
- Shares issued at $0.12/share: Restriction expires March 31, 2026.
- Shares issued at $0.125/share: Restriction expires June 30, 2026.
- Market Context (MRD):
- MRD (Minimal Residual Disease) is defined as small numbers of cancer cells remaining after treatment.
- FDA Oncologic Drugs Advisory Committee voted unanimously in April 2024 to accept MRD as a clinical endpoint for accelerated approval of new multiple myeloma therapies.
- Global MRD testing market size expected to reach $4.1 billion (USD) by 2032.
- Company Background:
- Telo Genomics is developing the Telo-MM application for multiple myeloma.
- Technology backed by 160+ peer-reviewed publications and 30+ clinical studies involving 3,000+ patients.
Notable Quotes
- "We are excited to share the next clinical application of our 3-D telomere application for MRD for multiple myeloma at IMS," said Dr. Sabine Mai, Telo's co-founder. "The acceptance is a result of our commitment to develop a clinical offering and a novel approach of liquid biopsy MRD."
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