Calyxt Announces Dr. Yves Ribeill Appointed As Executive Chair Replacing CEO Jim Blome

On February 19, 2021 Calyxt, Inc. (NASDAQ: CLXT), a plant-based technology company, reported that the Board of Directors has appointed Yves Ribeill, Ph.D., to the new role of Executive Chair of the Board effective immediately (Press release, Cellectis, FEB 19, 2021, View Source [SID1234575327]). Dr. Ribeill will serve in this role while Calyxt initiates a search for a new Chief Executive Officer to replace Jim Blome, who is leaving to pursue other opportunities. Calyxt has retained a premier executive search firm to lead the search. Based on his long experience in the biotech and innovation fields, Dr. Ribeill will help guide the CEO search on behalf of the Board and support the transition once the incoming CEO is selected.

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"On behalf of the Board, we want to thank Jim for guiding Calyxt to a streamlined business model that can capitalize on delivering disruptive, plant-based innovations, said Yves Ribeill, Ph.D., Chair of the Calyxt Board. "He led Calyxt to a strong 2020, redirected Calyxt’s innovation engine to new and high-value opportunities and built a team with the right talent mix to drive Calyxt’s go-to-market strategies. Jim has positioned Calyxt for future growth and success, and we wish Jim all the best in his future pursuits." This action represents a continuing step to focus Calyxt on significant innovation opportunities beyond commodity-based agriculture," concluded Dr. Ribeill.

"I am proud of what Calyxt has been able to accomplish during my tenure as CEO and I am honored to have had the opportunity to lead the talented Calyxt team to this important level," said Mr. Blome. "I believe Calyxt is poised to capitalize on the unlimited possibilities that can be created with its plant-based innovations and have confidence that the Calyxt team will continue to leverage and expand Calyxt’s position as a global leader in plant gene editing."

Dr. Ribeill has served as a member of the Calyxt board since July 2018 and as Calyxt’s interim Chief Executive Officer from August 2018 until October 2018. Since January 2018, he has served as the Chief Executive Officer of Ribogenics, Inc., which is a private biotechnology company working on RNA biology. Dr. Ribeill was also a founder of SCYNEXIS, Inc. (NASDAQ: SCYX), served as its Chief Executive Officer from November 1999 until April 2015. Dr. Ribeill has more than 35 years of experience in the healthcare industry, with an expertise in anti-infective diseases. Prior to moving to the U.S. 21 years ago, Dr. Ribeill held several management positions during his international career with Rhône-Poulenc and Aventis in France and in the UK. Dr. Ribeill was a member of the Scientific Advisory Committee of the World Health Organization and the Medicines for Malaria Venture in Geneva.

Exelixis to Webcast Virtual Fireside Chat as Part of the SVB Leerink 10th Annual Global Healthcare Conference on February 26, 2021

On February 19, 2021 Exelixis, Inc. (Nasdaq: EXEL) reported that Michael M. Morrissey, Ph.D., the company’s President and Chief Executive Officer will participate in a fireside chat as part of the SVB Leerink 10th Annual Global Healthcare Conference on Friday, February 26, 2021 at 1:00 PM EST / 10:00 AM PST (Press release, Exelixis, FEB 19, 2021, View Source [SID1234575325]). Due to the ongoing COVID-19 pandemic, the conference will be held as a virtual event.

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To access the webcast link, log onto www.exelixis.com and proceed to the News & Events / Event Calendar page under the Investors & Media heading. Please connect to the company’s website at least 15 minutes prior to the presentation to ensure adequate time for any software download that may be required to listen to the webcast. A replay will also be available at the same location for 14 days.

Constellation Pharmaceuticals to Participate in the 10th Annual SVB Leerink Global Healthcare Conference

On February 19, 2021 Constellation Pharmaceuticals, Inc. (Nasdaq: CNST), a clinical-stage biopharmaceutical company using its expertise in epigenetics to discover and develop novel therapeutics, reported that the Company will participate in an upcoming virtual investor conference (Press release, Constellation Pharmaceuticals, FEB 19, 2021, View Source [SID1234575324]). Jigar Raythatha, CEO, will present at the 10th Annual SVB Leerink Global Healthcare Conference at 3:40 PM EDT on February 26. Live audio webcast of Mr. Raythatha’s presentations and archives for replay will be available on the Investor Relations section of Constellation’s website at View Source The audio webcast replays will be available for 90 days following the live presentation.

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Abbott Declares 389th Consecutive Quarterly Dividend

On February 19, 2021 The board of directors of Abbott (NYSE: ABT) reported a quarterly common dividend of 45 cents per share (Press release, Abbott, FEB 19, 2021, View Source [SID1234575323]).

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This marks the 389th consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable May 17, 2021, to shareholders of record at the close of business on April 15, 2021.

Abbott has increased its dividend payout for 49 consecutive years and is a member of the S&P 500 Dividend Aristocrats Index, which tracks companies that have increased dividends annually for at least 25 consecutive years.

Carevive closes $18m Series C funding round

On February 18, 2021 Carevive Systems (Carevive), the leading oncology-focused health technology company centered on understanding and improving the cancer patient experience, reported the completion of a Series C equity investment of $18 million (Press release, Debiopharm, FEB 18, 2021, View Source [SID1234575322]).

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The oversubscribed $18 million equity round was led by Philips Health Technology Ventures, and also includes Debiopharm Innovation Fund, and OurCrowd’s digital health fund, Qure Ventures, as well as prior investors HLM Venture Partners, LRVHealth, Cerner, and founder Madelyn Trupkin Herzfeld.

"I’m delighted to be starting off my tenure with an announcement like this," said Bruno Lempernesse, Carevive Chief Executive Officer, who was appointed in December 2020. "This financing will advance Carevive’s patient-centered mission to improve the way cancer care is delivered. I’m proud to be leading such an innovative company with committed industry-leading investors supporting us."

"The funds will allow Carevive to bring its software and analytics platform, which uniquely connects clinical data with patients’ real-world reported experiences, to even more clinicians, patients, life science companies, and payers," added Lempernesse.

"We have been following Carevive’s development for some time," said Allen Kamer, Managing Partner at Qure Ventures. "Carevive made significant progress in the last year, is now in dozens of hospitals around the US and was selected by Pfizer as the first Patient-Reported Outcomes (PRO) challenge winner for Carevive PROmpt. We are excited by the company’s growth and the addition of Bruno, a veteran of the health and data analytics industry, to Carevive’s senior leadership team."

Carevive’s platform allows clinicians to tailor cancer care management programs for each patient’s needs, informed by real-world patient experiences and outcomes, not just clinical data. Its remote symptom management system means patients need to take fewer trips to health centers. And Carevive’s data and analytics are helping researchers design innovative cancer care delivery models, payers to reimburse treatments effectively and life science companies to develop personalized therapies for cancer.

"Carevive is an up-and-coming company in an up-and-coming space," said Robert Fleming, Managing Director of Bowen Advisors, the Boston-headquartered investment banking advisory firm which represented Carevive in the raise. "The round was oversubscribed during the pandemic, which just goes to show the excitement in the market for Carevive, its technologies and its leadership team."

Looking forward, Carevive will be making important investments in technology, data analytics, and infrastructure. In addition, a key focus will be increasing Carevive’s remote patient management functionality (Carevive PROmpt), growing Carevive’s Oncology Pragmatic Trial Investigator Network (Carevive OPT-IN), to conduct real-world studies evaluating patient experiences, and building stronger evidence for treatment and symptom pathways.