GlycoMimetics, Inc. (NASDAQ:GLYC) Q4 2022 Results Conference Call March 29, 2023 8:30 AM ET

Company Participants

Christian Dinneen-Long - General Counsel and Company Secretary

Harout Semerjian - Chief Executive Officer

Brian Hahn - Chief Financial Officer

Edwin Rock - Chief Medical Officer

Conference Call Participants

Roger Song - Jefferies

Operator

Good morning. And thank you for joining the GlycoMimetics Fourth Quarter and Full Year 2022 Earnings Call. At this time, all participants are in a listen only mode. Following the management’s remarks, we will hold a question-and-answer session at that time, lines will be opened for you.

I would now like to turn the call over to Christian Dinneen-Long, Company Council at GlycoMimetics. Please go ahead.

Christian Dinneen-Long

Good morning. Today, we will review our business updates and financial results for the quarter and full year ended December 31, 2022. The press release we issued this morning is available on the company's Web site at glycomimetics.com. This call is being recorded. A dial-in phone replay will be available for 24 hours after the close of the call. The webcast replay will also be available for 30 days in the Investors section of the company's Web site. Joining me on the call today from GlycoMimetics are Harout Semerjian, Chief Executive Officer; Brian Hahn, Chief Financial Officer; and Dr. Edwin Rock, Chief Medical Officer. Today's call will include forward-looking statements based on our current expectations. Forward-looking statements may include, but are not limited to, statements about the company's product candidate uproleselan, or our other pipeline programs, along with statements of our expectations regarding our operations, the conduct of our data from clinical trials, planned or potential development activities, regulatory interactions or submissions pre-commercialization activities, potential strategic collaborations and our cash position. Such statements represent management's judgment and intention as of today and involve assumptions, risks and uncertainties. GlycoMimetics undertakes no obligation to update or revise any forward-looking statement. For information concerning the risk factors that could affect the company, please refer to our filings with the SEC, which are available from the SEC or through our Web site.

I'll now turn the call over to Harout.

Harout Semerjian

Thank you, Christian, and good morning, everyone. In 2022, we made great strides in our continued organizational evolution as we aspire to become a commercial stage company poised to deliver important medicines to patients with significant unmet needs. To deliver on this aspiration, we are focused on three key areas: first, strengthening our leadership team to support commercialization; second, sustaining strong clinical progress for our pivotal Phase III study of uproleselan; and third, raising capital to continue the trial through a final analysis as patients continue to live longer. I'm proud to say that we have made significant progress in all three areas. At this crucial point in our company's life cycle, strong clinical and commercial leadership is more essential than ever. We have hired highly capable and experienced leaders, including Dr. Edwin Rock as Chief Medical Officer; Deepak Kuvari as Vice President of Technical Operations; Bruce Johnson as Chief Commercial Officer; and most recently, Chinmaya Rath as our new Chief Business Officer. Ed provides critical oversight, strategic guidance and regulatory insight as we advance through the late stages of clinical development. While Chinmaya applies his expertise from over two decades as biotech and pharmaceutical companies to oversee our corporate strategy and early stage pipeline programs. In parallel, Bruce and his team remain hard at work educating the market on uproleselan's differentiated mechanism of action, driving awareness of the unmet medical needs in the relapsed/refractory AML and leading key commercial readiness activities to ensure we are well positioned to deliver uproleselan, if approved, to patients in need. Deepak and his team continue planning and preparing for commercial supply following recent completion of the API validation batches of uproleselan.