On August 29, 2018 ProMIS Neurosciences, Inc. (TSX: PMN; OTCQB: ARFXF), a biotechnology company focused on the discovery and development of antibody therapeutics targeting toxic oligomers implicated in the development of neurodegenerative diseases, reported it has issued a narrated overview of second quarter 2018 operational results (Press release, ProMIS Neurosciences, AUG 29, 2018, View Source [SID1234529252]).

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"We continued to make significant progress on three main priorities in the second quarter of 2018", stated ProMIS Executive Chairman, Eugene Williams. "First, to maintain PMN310 on track for clinical trial start in the second half of 2019 with initiation of cell line development supporting product manufacturing; second, to differentiate the oligomer selectivity of PMN310 as best in class profile for the treatment of Alzheimer’s disease (AD) versus other, less selective amyloid-beta (Aβ) directed therapies in development; and third, to expand our portfolio by developing therapeutic antibodies targeting toxic oligomers of alpha-synuclein for Parkinson’s disease (PD) and toxic aggregates of Tar-DNA binding protein (TDP43) for ALS, with a view to partnering these assets."

On August 29, 2018 IMMUNOPRECISE ANTIBODIES LTD. ("ImmunoPrecise") (TSX Venture: IPA, Pink Sheets: IPATF) reported its financial results for the year ended April 30, 2018 (Press release, ModiQuest Therapeutics, AUG 29, 2018, View Source [SID1234529248]). The financial statements and related management’s discussion and analysis ("MD&A") can be viewed on SEDAR at www.sedar.com.

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Financial Highlights:

Revenue. ImmunoPrecise achieved record annual revenue of $5,441,349 in fiscal 2018 compared to $2,630,515 in fiscal 2017. This represents a 106% increase in revenue as a result of its acquisitions of U-Protein Express B.V. ("U-Protein") and ModiQuest Research BV ("ModiQuest"), and its ability to grow its core business and expand into higher revenue service offerings in therapeutic antibody discovery.
Gross Margin. ImmunoPrecise’s gross margin percentage equaled 45% in fiscal 2018 as compared to 54% in fiscal 2017. The decrease in gross margin was mostly attributable to the fact that ImmunoPrecise increased its staffing levels, made salary adjustments and incurred higher lab operating costs to accommodate greater levels of activity which drove down the gross margin.
Net Loss. ImmunoPrecise recorded a net loss of $5,171,103 in fiscal 2018 compared to $5,383,820 in fiscal 2017. The net loss in 2018 was mainly attributable to non-recurring growth-enabling investments made to pursue strategic initiatives.
Growth Initiatives in Fiscal 2018:

European Acquisitions. The U-Protein and ModiQuest acquisitions added state-of-the-art laboratories, licenses, intellectual property, and strong customer relationships in Europe. These subsidiaries continue to grow their revenue and serve as accretive investments, which will be fully reflected in the financial results for the first quarter of 2019.
Full-Service B-Cell Facility. ImmunoPrecise, Victoria, expanded its biotherapeutic discovery platform with the roll-out of full-service B-cell screening, sorting and sequencing offerings on a broad range of therapeutically-relevant protein families. This platform is aimed at expanding the diversity of antibodies obtained, by reducing antibody loss associated with cell fusion, and increasing the variety of species available for therapeutic discovery.
"We completed a number of growth initiatives, including our acquisitions of U-Protein and ModiQuest and expanded therapeutic offerings in each of Canada and Europe to become a single, unified Contract Research Organization (CRO) to pharmaceutical and biotech companies internationally," commented Jennifer Bath, CEO of the Company. "ImmunoPrecise’s infrastructure for comprehensive antibody discovery services and global reach enables us to help ensure customer success no matter where they are located in the world."

On August 29, 2018 Heat Biologics, Inc. ("Heat") (NASDAQ: HTBX), a biopharmaceutical company developing drugs designed to activate a patient’s immune system against cancer, reported it will present at the 20th Annual Rodman & Renshaw Global Investment Conference, sponsored by H.C. Wainwright & Co., LLC (Press release, Heat Biologics, AUG 29, 2018, https://heatbio.com/heat-biologics-present-20th-annual-rodman-renshaw-global-investment-conference-new-york-city/ [SID1234529241]). The conference is being held on September 4-6, 2018 at The St. Regis New York in New York City.

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Jeff Wolf, Founder and Chief Executive Officer of Heat Biologics, will provide an overview of the Company’s business during the live presentation and will be available to participate in one-on-one meetings with investors who are registered to attend the conference.

Event: 20th Annual Rodman & Renshaw Global Investment Conference

Date: Wednesday, September 5, 2018

Time: 4:40-5:05 PM (Eastern Time)

Location: Louis XVI B; The St. Regis New York

If you are unable to attend and would like to view the Company’s live webcast, please click on the following link (View Source).

On August 29, 2018 OncoMed Pharmaceuticals, Inc. (NASDAQ:OMED), a clinical-stage biopharmaceutical company focused on discovering and developing novel anti-cancer therapeutics, reported that John Lewicki, Ph.D., President and Chief Executive Officer of OncoMed, will provide a corporate update at two upcoming investor conferences (Press release, OncoMed, AUG 29, 2018, View Source [SID1234529239]).

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Wells Fargo Securities 2018 Healthcare Conference in Boston, MA on September 5, 2018 at 9:40 am Eastern Time
20th Annual Rodman & Renshaw Global Investment Conference, sponsored by H.C. Wainwright & Co., LLC in New York, NY on September 6, 2018 at 4:40 pm Eastern Time
To access the live webcasts and subsequent archived recordings of these and other company presentations, please visit OncoMed’s website at www.oncomed.com/invest/events.cfm. A replay of each presentation will be available for 30 days following the date of the event.

On August 29, 2018 MEI Pharma, Inc. (Nasdaq: MEIP), a pharmaceutical company focused on leveraging its extensive development and oncology expertise to identify and advance new therapies for cancer, reported that Daniel P. Gold, Ph.D., the Company’s president and chief executive officer, will present a corporate update at the Wells Fargo Securities 2018 Healthcare Conference on September 5, 2018 at 11:25 a.m. ET (Press release, MEI Pharma, AUG 29, 2018, View Source [SID1234529229]). The conference will take place September 5-6, in Boston, MA.

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A live audio webcast of the event can be accessed on the Events & Presentations page of the Investors section of MEI Pharma’s website at View Source

An archived replay of the webcast will be available on MEI Pharma’s website for at least 30 days after the live event concludes.