Atossa Therapeutics Applauds U.S. Surgeon General's Advisory Highlighting Alcohol as a Leading Preventable Cause of Breast Cancer
MWN-AI** Summary
Atossa Therapeutics, Inc. (Nasdaq: ATOS), a clinical-stage biopharmaceutical company focused on breast cancer prevention and treatment, has commended the U.S. Surgeon General for a recent Advisory that underscores the significant link between alcohol consumption and increased breast cancer risk in women. The Advisory states that alcohol consumption is responsible for nearly 100,000 cancer cases and approximately 20,000 cancer deaths annually in the U.S., positioning it as the third leading preventable cause of cancer after tobacco and obesity. Breast cancer accounts for a significant proportion of alcohol-related cancers among women, with about 44,180 annual diagnoses.
Dr. Steven Quay, CEO of Atossa Therapeutics, applauded the Advisory’s efforts to raise awareness about the risks associated with alcohol, particularly emphasizing that even light drinking can elevate the likelihood of developing breast cancer. The Surgeon General reported that cancer risk can increase with just one alcoholic drink per day, yet many Americans remain unaware of this connection.
Atossa Therapeutics supports various initiatives proposed by the Advisory, including updating warning labels on alcoholic beverages, expanding public education campaigns, and highlighting alcohol as a modifiable risk factor for cancer. In alignment with its mission to mitigate the burden of breast cancer, Atossa is dedicated to advancing therapies aimed at prevention and treatment, notably its lead product candidate, (Z)-endoxifen.
Dr. Quay has further contributed to public discourse by releasing an explanatory video regarding the findings of the Advisory, reinforcing Atossa's commitment to promoting health policies that protect women’s health against breast cancer. This proactive response underlines Atossa’s dedication to education and community health.
MWN-AI** Analysis
Atossa Therapeutics (Nasdaq: ATOS) made headlines recently with its commendation of the U.S. Surgeon General's Advisory linking alcohol consumption to breast cancer risks. This development presents both opportunities and challenges for investors in the biopharmaceutical sector, especially those focused on oncology and women’s health.
The Advisory emphasizes the significant public health risk posed by alcohol, particularly for women, underscoring Atossa’s mission in breast cancer prevention and treatment. As a clinical-stage biopharmaceutical company, Atossa’s innovative approach using (Z)-endoxifen positions it favorably in a market increasingly focused on preventative therapies. Given the Advisory’s implications for public awareness and potential regulatory changes regarding alcohol labeling and education, Atossa could see heightened interest in its pipeline, especially if (Z)-endoxifen proves effective in reducing breast cancer cases linked to modifiable risk factors.
As alcohol consumption is highlighted as a leading preventable cause of breast cancer, there is potential for a societal shift towards preventive healthcare measures. This aligns with Atossa’s objectives, suggesting that investors could benefit from the company’s increased visibility and justification for funding future clinical trials. The public's growing consciousness around cancer risks may catalyze demand for Atossa's developments in breast cancer therapeutics, possibly enhancing its stock performance.
However, investors should be cautious. While the Surgeon General’s Advisory creates a favorable narrative, the biotechnology sector is notoriously volatile, subjecting shares to potential fluctuations based on trial results, regulatory updates, and overall market conditions. As such, it is advisable for investors to closely monitor Atossa's clinical progress and public sentiment surrounding breast cancer prevention while diversifying their portfolios to mitigate risk. In conclusion, while Atossa Therapeutics holds promise following recent developments, prudent investors should balance enthusiasm with a thorough assessment of associated risks.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
SEATTLE, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Atossa Therapeutics, Inc. (Nasdaq: ATOS) (“Atossa” or the “Company”), a clinical-stage biopharmaceutical company dedicated to the prevention and treatment of breast cancer, commends the U.S. Surgeon General for issuing a crucial Advisory that describes the scientific evidence for the causal link between alcohol consumption and increased cancer risk, particularly breast cancer in women.
The Surgeon General’s Advisory reveals that alcohol consumption contributes to nearly 100,000 cancer cases and approximately 20,000 cancer deaths in the United States each year – making it the third leading preventable cause of cancer, after tobacco and obesity. Notably, breast cancer represents the largest portion of alcohol-related cancers in women, accounting for approximately 44,180 cases annually – about 16.4 percent of all breast cancer diagnoses?.
“Atossa Therapeutics fully supports the Surgeon General’s efforts to raise public awareness about alcohol’s role in increasing breast cancer risk,” said Dr. Steven Quay, M.D., Ph.D., FCAP, CEO of Atossa Therapeutics. “This Advisory aligns with our mission to prevent breast cancer before it starts. The fact that even light drinking can elevate breast cancer risk highlights the importance of education and other proactive measures to reduce alcohol-related cancers.”
The Advisory emphasizes that for certain cancers, including breast cancer, the risk begins to rise with the consumption of as little as one drink per day?. Despite this evidence, less than half (45 percent) of Americans surveyed believe that alcohol consumption has a significant effect on whether the average person develops cancer.
Atossa Therapeutics echoes the Advisory’s call to action, supporting initiatives such as:
- Updating health warning labels on alcoholic beverages to reflect the cancer risk.
- Expanding public education efforts to increase awareness of alcohol’s link to breast cancer.
- Highlight alcohol consumption as a leading modifiable cancer risk factor and incorporate proven alcohol reduction strategies into population-level cancer prevention initiatives.
To further educate the public, Dr. Quay – a world-renowned physician and scientist – has released a video explaining the Surgeon General’s Advisory and what it may mean for Americans and the future of breast cancer. The video can be viewed here .
“Atossa is committed to advancing therapies aimed at reducing the burden of breast cancer. As such, we stand with the Surgeon General in advocating for public policies that inform and protect the health of women,” Dr. Quay added.
About Atossa Therapeutics
Atossa Therapeutics, Inc. is a clinical-stage biopharmaceutical company developing innovative medicines in areas of significant unmet medical need in oncology with a focus on using (Z)-endoxifen to prevent and treat breast cancer. For more information, please visit www.atossatherapeutics.com .
FORWARD LOOKING STATEMENTS
This press release contains certain information that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We may identify these forward-looking statements by the use of words such as “expect,” “potential,” “continue,” “may,” “will,” “should,” “could,” “would,” “seek,” “intend,” “plan,” “estimate,” “anticipate,” “believe,” “design,” “predict,” “future,” or other comparable words. All statements made in this press release that are not statements of historical fact, including statements regarding data related to the (Z)-endoxifen program, the safety, tolerability and efficacy of (Z)-endoxifen, the potential of (Z)-endoxifen as a breast cancer prevention and treatment agent, the expected design and enrollment of trials and timing of data and related publications, and the potential milestones and growth opportunities for the Company, are forward-looking statements. Forward-looking statements in this press release are subject to risks and uncertainties that may cause actual results, outcomes, or the timing of actual results or outcomes, to differ materially from those projected or anticipated, including risks and uncertainties associated with: macroeconomic conditions and increasing geopolitical instability; the expected timing of releasing data; any variation between interim or preliminary and final clinical results or analysis; actions and inactions by the FDA and foreign regulatory bodies; the outcome or timing of regulatory approvals needed by Atossa, including those needed to continue our planned (Z)-endoxifen trials; our ability to satisfy regulatory requirements; our ability to remain compliant with the continued listing requirements of the Nasdaq Stock Market; our ability to successfully develop and commercialize new therapeutics; the success, costs and timing of our development activities, including our ability to successfully initiate or complete our clinical trials, including our (Z)-endoxifen trials; our anticipated rate of patient enrollment; our ability to contract with third-parties and their ability to perform adequately; our estimates on the size and characteristics of our potential markets; our ability to successfully defend litigation and other similar complaints and to establish and maintain intellectual property rights covering our products; whether we can successfully complete our clinical trial of oral (Z)-endoxifen in women with mammographic breast density and our trials of (Z)-endoxifen in women with breast cancer, and whether the studies will meet their objectives; our expectations as to future financial performance, expense levels and capital sources, including our ability to raise capital; our ability to attract and retain key personnel; our anticipated working capital needs and expectations around the sufficiency of our cash reserves; and other risks and uncertainties detailed from time to time in Atossa’s filings with the Securities and Exchange Commission, including without limitation its Annual Reports on Form 10-K and Quarterly Reports on 10-Q. Forward-looking statements are presented as of the date of this press release. Except as required by law, we do not intend to update any forward-looking statements, whether as a result of new information, future events or circumstances or otherwise.
Contact:
Michael Parks
VP, Investor and Public Relations
484-356-7105
michael.parks@atossainc.com
FAQ**
How does Atossa Therapeutics Inc. ATOS plan to align its clinical programs with the recent Surgeon General’s Advisory linking alcohol consumption to increased breast cancer risk?
What specific public education initiatives does Atossa Therapeutics Inc. ATOS intend to support in light of the alarming statistics regarding alcohol-related breast cancer cases?
Given the potential of (Z)-endoxifen, how does Atossa Therapeutics Inc. ATOS aim to address the unmet medical needs in breast cancer prevention and treatment highlighted by the Surgeon General’s Advisory?
What measures is Atossa Therapeutics Inc. ATOS implementing to effectively communicate the findings of the Surgeon General's Advisory to consumers and healthcare providers about alcohol's impact on cancer risk?
**MWN-AI FAQ is based on asking OpenAI questions about Atossa Therapeutics Inc. (NASDAQ: ATOS).
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