Navidea Biopharmaceuticals to Present at The LD 500 Virtual Investor Conference

On August 24, 2020 Navidea Biopharmaceuticals, Inc. (NYSE American:NAVB) ("Navidea" or the "Company"), a company focused on the development of precision immunodiagnostic agents and immunotherapeutics, reported that Mr. Jed Latkin, Chief Executive Officer, will present at the LD Micro 500 investor conference (Press release, Navidea Biopharmaceuticals, AUG 24, 2020, View Source [SID1234563977]). The virtual conference will be held on September 1-4, 2020. Mr. Latkin will present on Tuesday, September 1 at 4:40 p.m. EDT in Track 4, which will be webcast.

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Details of Navidea’s presentation are below. For those who wish to listen to the live webcast, please use the following link: View Source." target="_blank" title="View Source." rel="nofollow">View Source The webcast will be archived on Navidea’s investor relations website, View Source for 90 days following the live presentation.

Event: LD 500 Virtual Investor Conference
Date: Tuesday, September 1, 2020
Time: 4:40 p.m. EDT
Webcast: View Source

Nascent Biotech Inc Completes $740,000 Equity Round of Funding

On August 24, 2020 Nascent Biotech, Inc (OTCQB:NBIO reported that it is closing on a direct private placement with aggregate proceeds of $740,000 (Press release, Nascent Biotech, AUG 24, 2020, View Source [SID1234563976]).

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The proceeds allow the Company to complete the required testing for removing the partial clinical trial hold, imposed by the FDA, and will permit the company to begin the Phase I clinical trials on brain cancer.

Sean Carrick, CEO of Nascent commented, "The financing has come from private individual investors and we are pleased by the interest in this round. We chose to accept strategic money knowing equity funding will prove to be more beneficial to the Company than debt financing."

IntelGenx Amends Stock Options

On August 24, 2020 IntelGenx Technologies Corp. ("IntelGenx", or the "Company") (TSX-V: IGX) (OTCQB:IGXT) reported that the Company’s board of directors amended the expiration time of Stock Options granted to Andre Godin, President and CFO, under the 2006 Stock Option Plan on July 20, 2015 (Press release, IntelGenx, AUG 24, 2020, View Source [SID1234563974]).

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The extension was granted following the end of an insider trading black-out period during which the stock options automatically extended in accordance with the insider trading black-out provision of the Company’s Second Amended 2016 Stock Option Plan.

The new expiration date is July 19, 2025, the original exercise price of CAD$0.75 (US$0.58) and all other terms remain unchanged.

The amendment is subject to final TSX-Venture Exchange approval.

Veracyte Named a San Francisco Bay Area “Top Workplace” for Seventh Consecutive Year

On August 24, 2020 Veracyte, Inc. (Nasdaq: VCYT), a leading genomic diagnostics company, reported that it has been awarded a Top Workplaces 2020 honor by the Bay Area News Group for the seventh consecutive year (Press release, Veracyte, AUG 24, 2020, View Source [SID1234563971]). The annual award is based solely on employee feedback gathered through an anonymous, third-party survey.

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"I am so proud that as our company continues to grow and evolve, including expanding internationally, we’ve been able to maintain our positive and inclusive work culture," said Bonnie Anderson, Veracyte’s chairman and chief executive officer. "We strive to ensure our more than 325 employees feel appreciated, well informed and empowered to share their points of view, and it is so gratifying to see our efforts reflected in the 2020 Top Workplace survey responses."

The Top Workplaces award winners are determined by results of a survey administered by Energage, LLC, a leading provider of technology-based engagement tools. The survey measures several key aspects of workplace culture, including organizational alignment, effective execution and meaningful connection with employees.

Veracyte’s innovation and industry leadership have been recognized consistently since the company was founded in 2008. Employees participating in the 2020 Top Workplaces survey ranked the company most highly for "doing things efficiently and well," having senior managers who understand what is happening at the company, having strong interdepartmental coordination, encouraging different points of view, and making employees feel well-informed about important decisions at the company.

"These responses reflect our deep commitment to improving the lives of patients, which requires that we trust and collaborate with each other and that we constantly seek opportunities to improve how we work together," said Ms. Anderson.

The Bay Area News Group published the complete list of 2020 Top Workplaces on Sunday, August 23. The list of winners is available at the Bay Area News Group website.

Onconova Therapeutics Announces Topline Results from the Pivotal Phase 3 INSPIRE Trial

On August 24, 2020 Onconova Therapeutics, Inc. (NASDAQ: ONTX) a biopharmaceutical company focused on discovering and developing novel products to treat cancer, reported that INSPIRE, the company’s pivotal Phase 3 study assessing the efficacy and safety of IV rigosertib in higher-risk MDS (HR-MDS) patients, did not meet its primary endpoint of improved survival (Press release, Onconova, AUG 24, 2020, View Source [SID1234563970]).

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"Onconova would like to thank the MDS community for its participation in the INSPIRE trial. We report these results with great disappointment, and we remain deeply indebted to every patient, physician, and family member involved in the study," said Steven M. Fruchtman, M.D., President and Chief Executive Officer. "Onconova is fortunate to have built a product pipeline that includes multiple promising agents, including oral rigosertib and ON 123300. Both compounds target meaningful cancer pathways, and we look forward to further efforts with these programs. The Company will review pipeline and in-licensing opportunities both internally and with external advisors."

The primary endpoint of the trial was overall survival, comparing IV rigosertib plus best supportive care to physician’s choice (PC) plus best supportive care in patients who had progressed on, failed to respond to, or relapsed after previous treatment with a hypomethylating agent (HMA) within nine cycles over the course of one year after initiation of HMA treatment. A pre-specified analysis in the very high risk (VHR-MDS) patient subgroup was also conducted.

Results of INSPIRE demonstrated that in the intent-to-treat analysis patients randomized to IV rigosertib achieved overall survival of 6.4 months, versus 6.3 months for PC (p=0.33) in the overall HR-MDS population. Overall survival in the pre-specified VHR-MDS subgroup of patients was also not significantly different between the two study arms. There was an increase in overall survival in the PC arm post-interim analysis that was unexpected. The Company is conducting additional analyses.

Safety analysis indicates that IV rigosertib was generally well tolerated, with reported adverse events similar to those observed in previous clinical studies with IV rigosertib in MDS. Serious adverse events (SAEs) were uncommon, with a similar profile of SAEs in both study arms.

"While the INSPIRE data readout in HR-MDS is a disappointment, as a RAS pathway inhibitor oral rigosertib could address a number of oncology settings outside of hematology," said Richard C. Woodman, M.D., Chief Medical Officer of Onconova. "We plan to take learnings from genomic analyses of the INSPIRE trial to inform the future development of rigosertib. We also look forward to the continued expansion of the investigator-initiated study program with oral rigosertib beyond the ongoing Phase 1/2a study in KRAS+ lung adenocarcinoma into additional solid tumors. Our novel CDK4/6 + ARK5 inhibitor, ON 123300, could also represent a meaningful advance over existing products."

The Company will host a conference call today, August 24, 2020, at 8:30 a.m. Eastern Time. Interested parties who wish to participate in the conference call may do so by dialing (855) 428-5741 for domestic callers and (210) 229-8823 for international callers, and using conference ID 8087044.

To facilitate an on-time conference call start, Onconova recommends that participants dial in 15 minutes before the 8:30 a.m. ET start time.

Those interested in listening to the conference call via the internet may do so by visiting the investors and media page on the company’s website at www.onconova.com and clicking on the webcast link. In addition to the live webcast, a replay will be available on the Onconova website for 90 days following the call.