DREAM Pivotal Study Data Presented at the International Surgical Sleep Society 2024 Educational Update

DREAM Pivotal Study Data Presented at the International Surgical Sleep Society 2024 Educational Update

Additional clinical data on patients suffering from Obstructive Sleep Apnea (OSA) demonstrate a clinically significant 71.0% median reduction in Apnea-Hypopnea index (AHI) while sleeping supine
at 12 months compared with baseline.

82.0% of patients who completed a polysomnography at 12 months had an AHI below 15, and 67.4% of patients who completed a polysomnography at 12 months had an AHI below 10.

Mont-Saint-Guibert, Belgium – September 27, 2024, 10:30pm CET / 4:30pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Company”), a medical technology company that develops breakthrough treatment alternatives for Obstructive Sleep Apnea (OSA) through neuromodulation, announced that data from the DREAM U.S. pivotal study were presented in an oral session at the International Surgical Sleep Society (ISSS) 2024 Educational Update, taking place from September 26 -27 in Miami, Florida.

Additional data were presented for AHI reduction in supine and non-supine positions. Genio bilateral stimulation resulted in a clinically meaningful 71.0% median reduction in supine AHI at 12 months compared with baseline. This reduction compares to a median 12-month AHI reduction of 70.8% across all sleeping positions.

With respect to secondary endpoints reported at ISSS, subjects demonstrated significant improvements in quality-of-life outcomes. Specifically, a mean increase of 2.3 points was observed in the Functional Outcomes of Sleep Questionnaire (FOSQ) assessment. Additionally, the Epworth Sleepiness Score was reduced by a mean of 3.4 points from baseline.

The presentation included previously announced data demonstrating that the study achieved its co-primary endpoints of 12-month AHI responder rate, per the Sher criteria, and Oxygen Desaturation Index (ODI) responder rate, both on an Intent-To-Treat (ITT) basis. In the DREAM U.S. pivotal study, 115 patients received the Genio® implant and were included in the safety analysis. These patients had a mean AHI of 28.0, mean ODI of 27.0 and mean body mass index of 28.5 at baseline. At 12 months, 73 subjects were determined to be AHI responders, per the Sher criteria*, resulting in an ITT AHI responder rate of 63.5% (p=0.002), and 82 subjects were determined to be ODI responders, resulting in an ODI responder rate of 71.3% (p<0.001). Safety results were in line with other neuromodulation therapies, with 11 serious adverse events, or SAEs, in ten subjects resulting in an SAE rate of 8.7%. Out of the 11 SAEs, three were device related, and there were three explants.

“The DREAM study demonstrated efficacy of bilateral hypoglossal nerve stimulation using Genio for the treatment of obstructive sleep apnea. Clinically significant improvements in primary and secondary endpoints were observed,” said B. Tucker Woodson, MD, Chief, Professor – Medical College of Wisconsin and Principal Investigator of the DREAM study. “Genio has the potential of helping us advance neuromodulation therapy for the treatment of OSA.”

“Achieving meaningful AHI reductions regardless of sleep position is a clinical validation of our patient-centric approach,” said Olivier Taelman, CEO of Nyxoah. “Genio bilateral stimulation also enabled more than 80% of patients to hit 12 months with an AHI below 15, positively impacting their overall quality of life and reducing sleepiness. Nyxoah is now entering the final regulatory phase and is progressing toward FDA approval. This will be a huge milestone in our mission to make Genio available to OSA patients in the US.”

About Nyxoah

Nyxoah is reinventing sleep for the billion people that suffer from obstructive sleep apnea (OSA). We are a medical technology company that develops breakthrough treatment alternatives for OSA through neuromodulation. Our first innovation is Genio®, a battery-free hypoglossal neuromodulation device that is inserted through a single incision under the chin and controlled by a wearable. Through our commitment to innovation and clinical evidence, we have shown best-in-class outcomes for reducing OSA burden.

Following the successful completion of the BLAST OSA study, the Genio® system received its European CE Mark in 2019. Nyxoah completed two successful IPOs: on Euronext Brussels in September 2020 and NASDAQ in July 2021. Following the positive outcomes of the BETTER SLEEP study, Nyxoah received CE mark approval for the expansion of its therapeutic indications to Complete Concentric Collapse (CCC) patients, currently contraindicated in competitors’ therapy. Additionally, the Company announced positive outcomes from the DREAM IDE pivotal study for FDA and U.S. commercialization approval.

For more information, please see the Company’s annual report for the financial year 2023 and visit http://www.nyxoah.com/.

Caution – CE marked since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.

Forward-looking statements

Certain statements, beliefs and opinions in this press release are forward-looking, which reflect the Company’s or, as appropriate, the Company directors’ or managements’ current expectations regarding the Genio® system and ongoing clinical studies of the Genio® system; the potential advantages of the Genio® system; Nyxoah’s goals with respect to the development, regulatory pathway and potential use of the Genio® system; the utility of clinical data in potentially obtaining FDA approval of the Genio® system; reporting data from Nyxoah’s DREAM U.S. pivotal trial; filing for FDA approval; and entrance to the U.S. market. By their nature, forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties, assumptions and factors could adversely affect the outcome and financial effects of the plans and events described herein. Additionally, these risks and uncertainties include, but are not limited to, the risks and uncertainties set forth in the “Risk Factors” section of the Company’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the Securities and Exchange Commission (“SEC”) on March 20, 2024, and subsequent reports that the Company files with the SEC. A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Forward looking statements contained in this press release regarding past trends or activities are not guarantees of future performance and should not be taken as a representation that such trends or activities will continue in the future. In addition, even if actual results or developments are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in future periods. No representations and warranties are made as to the accuracy or fairness of such forward-looking statements. As a result, the Company expressly disclaims any obligation or undertaking to release any updates or revisions to any forward-looking statements in this press release as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward-looking statements are based, except if specifically required to do so by law or regulation. Neither the Company nor its advisers or representatives nor any of its subsidiary undertakings or any such person’s officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this press release or the actual occurrence of the forecasted developments. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Contacts:

Nyxoah
Loïc Moreau, Chief Financial Officer
IR@nyxoah.com

For Media
In United States
FINN Partners – Glenn Silver
glenn.silver@finnpartners.com

In Belgium/France
Backstage Communication – Gunther De Backer
gunther@backstagecom.be

In International/Germany
MC Services – Anne Hennecke
nyxoah@mc-services.eu

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KSrelief Supervisor General Meets with Minister of Foreign and Internal Affairs of the Order of Malta

King Salman Humanitarian Aid and Relief Center (KSrelief) Supervisor General Dr. Abdullah Al Rabeeah has met here with Minister for Foreign and Internal Affairs of the Order of Malta Riccardo Paternò di Montecupo, on the sidelines of the 79th United Nations General Assembly meeting.

The two officials discussed humanitarian and relief issues.

Paternò di Montecupo commended the relief and humanitarian projects and programs carried out by Saudi Arabia through KSrelief to alleviate the suffering of people in need around the world.

Source: Saudi Press Agency

Saudi Arabia Sees 656% Surge in Leisure Tourism in 2024, Ministry of Tourism Reports

According to the Ministry of Tourism, the tourism sector, particularly the leisure and holiday segments, witnessed substantial growth, due in no small part to the Kingdom’s Vision 2030 directives.

In a statement marking World Tourism Day, observed every year on September 27, the ministry said that the Kingdom welcomed 17.5 million international tourists between January and July 2024, a 10% increase over the same period in 2023 and a 73% increase compared to the 2019 figures.

Most striking is the 656% increase in the number of tourists arriving specifically for entertainment and holiday purpose. The ministry said that 4.2 million tourists arrived for these purposes in the first seven months of 2024, a 25% increase over the previous year and an enormous leap over pre-pandemic levels in 2019.

These impressive results highlight the success of the Kingdom’s long-term tourism strategy, under Vision 2030, which seeks to transform Saudi Arabia into a global tourism destination. The Kingdom had set the goal of 100
million tourists by 2030, but achieved this milestone in 2023, seven years ahead of schedule.

Saudi Arabia was acknowledged as the fastest-growing G20 country in the latest UN World Tourism Barometer report. According to September report, Saudi Arabia leads both in the growth of international tourist numbers and in tourism revenues.

These figures underscore the Kingdom’s strategic focus on developing a sustainable tourism sector, improving infrastructure, and promoting Saudi Arabia as a premier global destination.

The ministry’s achievements reflect the effectiveness of these efforts and position the Kingdom as a key player in the field of global tourism.

Source: Saudi Press Agency

National Center for Meteorology Releases Forecast for This Fall

The National Center for Meteorology (NCM) has issued a detailed report on the weather forecast in Saudi Arabia during the fall season, with focus on surface temperature and rainfall patterns.

NCM’s forecast is based on outputs from numerical models that simulate atmospheric dynamics and their impact on the Kingdom’s climate.

According to the report, current El Niño 3.4 region and Indian Ocean Dipole Index readings indicate a neutral phase. This typically translates to surface temperature and rainfall rates in the Arabian Peninsula close to their historical averages during the fall season.

NCM’s climate models predict above-average surface temperatures in most regions of the Kingdom this fall. The biggest temperature increases are expected in Hail, Al-Jawf, Northern Borders, and Tabuk regions where temperature may be one degree Celsius higher than those of past autumns. Other areas are expected to see smaller temperature increases.

The report also outlines the expected rainfall patterns. Areas like Jazan,
Najran, Aseer, and parts of Makkah and the southern parts of the Eastern and Riyadh regions are predicted to receive above-average rainfall compared to previous years. The remainder of the Kingdom is expected to experience below-average rainfall.

Source: Saudi Press Agency

KSrelief Signs Cooperation Program with OCHA in Sudan

King Salman Humanitarian Aid and Relief Center (KSrelief) signed here yesterday a cooperation agreement with the United Nations Office for the Coordination of Humanitarian Affairs (OCHA), on the sidelines of the 79th session of the UN General Assembly.

This cooperation, worth $1 million will support the humanitarian work of the office in the Republic of Sudan.

The agreement was signed by Advisor to the Royal Court and KSrelief Supervisor-General Dr. Abdullah bin Abdulaziz Al Rabeeah and UN Acting Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator Joyce Msuya.

The agreement is part of KSrelief’s efforts to boost coordination with UN organizations and humanitarian agencies, to support the needy around the world.

Source: Saudi Press Agency

KSrelief Signs Cooperation Program with OCHA in Ukraine

King Salman Humanitarian Aid and Relief Center (KSrelief) signed here yesterday a cooperation agreement with the United Nations Office for the Coordination of Humanitarian Affairs (OCHA), to support the humanitarian work of the office in the Republic of Ukraine, on the sidelines of the 79th UN General Assembly meeting.

The cooperation agreement, worth $2 million, was signed by Advisor to the Royal Court and KSrelief Supervisor-General Dr. Abdullah bin Abdulaziz Al Rabeeah and UN Acting Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator Joyce Msuya.

This agreement is part of KSrelief’s efforts to enhance joint coordination with United Nations organizations and humanitarian agencies to support the needy and affected people around the world in various crises.

Source: Saudi Press Agency

National Center for Archives and Records Highlights Saudi-Qatar Cooperation at Riyadh Book Fair

The National Center for Archives and Records is showcasing at the Riyadh International Book Fair four historical documents highlighting the cooperation between Saudi Arabia and Qatar.

In honor of Qatar, which is the guest of honor at the fair, the center has displayed documents dating back to the reign of King Faisal bin Abdulaziz and King Khalid bin Abdulaziz that shed light on various areas of cooperation between the two countries.

A document, from 1383 AH, is a Royal Decree ratifying the economic agreement between Saudi Arabia and Qatar. Another, from 1388 AH, is a Royal Decree signed by King Faisal bin Abdulaziz, approving a cultural agreement between Saudi Arabia and Qatar. A third document, dated 1391 AH, is a Royal Decree approving the agreement regulating the entry and exit of cars between Saudi Arabia and Qatar.

The fourth, from 1397 AH, is a Royal Decree signed by King Fahd bin Abdulaziz, the deputy king at the time, approving the media and cultural agreement between the two countries.

These doc
uments offer valuable insight in the historical ties and cooperation between Saudi Arabia and Qatar.c

Source: Saudi Press Agency

‘Saudi Robot’ Speaks 96 Languages, Welcomes Visitors to Riyadh Book Fair

A remarkable “Saudi Robot” is captivating visitors to the Riyadh International Book Fair, greeting and engaging in conversations in 96 languages languages.

Powered by 102 AI programs, the robot facilitates visitor navigation through the fair’s extensive cultural venues and publishing houses.

The use of the robot aligns with the efforts of the organizer of the fair, Literature, Publishing, and Translation Commission, to leverage advanced technology to enhance visitor experiences and improve the efficiency of cultural events. It underscores the fair’s status as a leading cultural event that keeps pace with technological advancements in the publishing and knowledge industry.

Eng. Mahmoud bin Ajlan, the robot’s programmer, told a Saudi Press Agency reporter that the robot was designed to welcome visitors, answer inquiries about publishing houses and publications, and provide audio summaries of books. The robot’s proficiency in 96 languages, including local dialects, enables it to effectively interact with a di
verse range of visitors.

The robot features a screen that displays publications and products with explanatory videos, enabling it to engage with visitors, respond to questions, and gather feedback on the exhibition.

The Riyadh International Book Fair, held at King Saud University from September 26 until October 5, offers a rich cultural program featuring over 200 activities suitable for all ages. It includes seminars, dialogue sessions, lectures, poetry evenings, and workshops led by renowned writers, thinkers, and intellectuals from Saudi Arabia and from around the world.

Source: Saudi Press Agency

Minister of State for Foreign Affairs Meets British Secretary of State for Energy Security and Net Zero

Minister of State for Foreign Affairs, Cabinet Member, and Climate Envoy Adel bin Ahmed Al-Jubeir has met with British Secretary of State for Energy Security and Net Zero Edward Miliband, on the sidelines of the 79th Session of the United Nations General Assembly high-level week in New York.

The two officials discussed ways to boost cooperation in the field of energy, as well as issues related to the environment and climate change.

Source: Saudi Press Agency

Minister of Foreign Affairs Signs Memorandum of Understanding with Tajik counterpart

Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah met here Friday evening with Republic of Tajikistan Minister of Foreign Affairs Sirojiddin Muhriddin, on the sidelines of the 79th Session of the United Nations General Assembly high-level week in New York and signed a memorandum of understanding exempting short-stay visa requirements for holders of diplomatic and private passports (for Saudi nationals) and diplomatic and service passports (for Tajik nationals).

The two officials also discussed ways to boost cooperation, and regional and international issues.

The meeting was attended by Saudi Permanent Representative to the UN Ambassador Dr. Abdulaziz Al-Wasil.

Source: Saudi Press Agency

15,324 Violators of Residence, Labor, Border Security Laws Apprehended in a Week

The Ministry of Interior conducted inspection campaigns in the Kingdom between September 19 and September 25 to ensure compliance with residency, labor and border security laws.

The inspections yielded the following results:

Across the Kingdom, 15,324 violations were recorded: 9,235 of residency, 3,772 of border security, and 2,317 of labor laws.

Attempting to cross the border into the Kingdom illegally were 1,226 individuals, of whom 48% were Yemenis, 51% Ethiopians, and 01% of other nationalities; 116 people were arrested for attempting to leave the Kingdom illegally.

Four people involved in transporting, sheltering, and employing violators were arrested.

A total of 13,657 expatriates (11,952 men and 1,705 women) are currently undergoing procedures for enforcing regulations.

Six thousand, five hundred and twenty people were detained for violating laws and instructed to contact their countries’ embassies or consulates to obtain proper travel documentation; 1,385 were told to make booking arrangements f
or their departure, and 11,894 were repatriated.

The Ministry of Interior has warned that any person who facilitates the illegal entry of individuals into the Kingdom, transports them on its territory, provides them with shelter or any other assistance or service may be penalized with up to 15 years in prison and a fine of up to SAR1 million, and that the vehicles used for transport or houses used for shelter may be confiscated.

The ministry stressed that such acts are major crimes that warrant arrest. It also urges people to report any violations by calling 911 in the Makkah, Riyadh, and Eastern regions, and 999 and 996 in the rest of the Kingdom.

Source: Saudi Press Agency