CureLab Oncology secures patent protection in India

On November 23, 2021 CureLab Oncology reported that it has been granted a patent protection in India for anti-cancer application of our lead product, Elenagen (Press release, CureLab Oncology, NOV 23, 2021, View Source [SID1234596166]). This brings the total number of countries in which CureLab Oncology has patent protection to over 20 — you can see the complete list here.

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Because of its huge population and established biotech expertise, we see enormous potential in the Indian market for CureLab’s therapies. According to INVEST INDIA, India is among the top 12 destinations for biotechnology in the world, with an approximately 3% share of the global biotechnology industry. In aggregate, the biotech sector is a key contributor to India’s vision of reaching a $5 trillion economy by 2024.

The rising incidence of cancer in India is expected to boost the immuno-oncology drugs market expansion across the country. According to the Indian Council of Medical Research (ICMR) – National Institute of Cancer Prevention and Research (NICPR), incidence of breast cancer is 25.8 per 100,000 women in 2018 and is expected to reach 35 per 100,000 women in 2026.

The India immuno-oncology drugs market was valued at $172.8 million in 2018 and is expected to experience a CAGR of 13.1% from 2018 through 2026.
Like any promising biotech company, we view a comprehensive, global approach to IP protection as immensely important to our strategic business plan. One reason is that annual industrial biopharmaceutical R&D spending has declined over the past decade, with large pharmaceuticals instead focusing on partnership and acquisition strategies with biotech startups whose technology shows great promise.

As we expand our patent portfolio and geographic operations, we will adapt our IP strategy to maximize the value of the company.

Kiniksa Pharmaceuticals to Present at Evercore ISI 4th Annual HealthCONx Conference

On November 23, 2021 Kiniksa Pharmaceuticals, Ltd. (Nasdaq: KNSA) reported that management will participate in a fireside chat at the Evercore ISI 4th Annual HealthCONx Conference on Tuesday, November 30, 2021 at 12:10 p.m. Eastern Time (Press release, Kiniksa Pharmaceuticals, NOV 23, 2021, View Source [SID1234596035]).

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A live webcast of Kiniksa’s presentation will be accessible through the Investors & Media section of the company’s website at www.kiniksa.com. A replay of the webcast will also be available on Kiniksa’s website within approximately 48 hours after the event.

Immunic, Inc. to Participate in the Piper Sandler & Co. 33rd Annual Virtual Healthcare Conference

On November 23, 2021 Immunic, Inc. (Nasdaq: IMUX), a clinical-stage biopharmaceutical company developing a pipeline of selective oral immunology therapies focused on treating chronic inflammatory and autoimmune diseases, reported that Daniel Vitt, Ph.D., Chief Executive Officer and President, will participate in a fireside chat at the Piper Sandler & Co. 33rd Annual Virtual Healthcare Conference, taking place November 29-December 2, 2021 (Press release, Immunic, NOV 23, 2021, View Source;co-33rd-annual-virtual-healthcare-conference-301430529.html [SID1234596006]).

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The pre-recorded presentation is available for registered attendees via the Piper Sandler conference site from Monday, November 22 to Thursday, December 2 and on the "Events and Presentations" section of Immunic’s website at: View Source An archived replay will be available on the company’s website for a period of 90 days after the conference.

Bionomics Files Registration Statement for Proposed Initial Public Offering in the United States

On November 23, 2021 Bionomics Limited (ASX:BNO,OTCQB:BNOEF) (Bionomics or Company), a clinical-stage biopharmaceutical company, reported the public filing of a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (the "SEC") in relation to a proposed public offering (the "Offering") of American Depositary Shares (ADSs), each of which will represent one or a number of the Company’s ordinary shares in the United States (Press release, Bionomics, NOV 23, 2021, View Source [SID1234596005]). Concurrent with the proposed public offering, Bionomics also intends to list the ADSs on the Nasdaq Stock Market (Nasdaq).

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All securities to be sold in the Offering will be offered by Bionomics. The number of securities to be sold and the price per ADS under any proposed Offering have not yet been determined.

Bionomics has applied to list its ADSs on Nasdaq under the ticker symbol "BNOX". The ordinary shares are listed, and upon the completion of the Offering, will continue to trade on the Australian Securities Exchange (ASX) under the symbol "BNO".

A registration statement relating to the securities referred to herein has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This announcement does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

Dragonfly Therapeutics Announces Merck Opt-In of TriNKET™ Immunotherapy Candidate for Patients with Solid Tumors

On November 23, 2021 Dragonfly Therapeutics, Inc. ("Dragonfly"), reported that Merck, known as MSD outside the United States and Canada, reported that it has licensed its second TriNKET immunotherapy candidate from Dragonfly (Press release, Dragonfly Therapeutics, NOV 23, 2021, View Source [SID1234596004]). Merck licensed its first TriNKET immunotherapy candidate from Dragonfly in November 2020. Merck and Dragonfly’s collaboration, initially focused on a number of solid tumor targets, began in October 2018. The companies expanded their collaboration last year with a multi-target agreement to develop and commercialize additional natural killer ("NK") cell engager immunotherapies in oncology, infectious disease and immune disorders.

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"Merck is a powerful world leader in drug development across a wide number of therapeutic areas and continues to be a strong scientific collaborator," said Bill Haney, co-founder and CEO of Dragonfly Therapeutics. "We are delighted that Merck has now exercised its option for this second immunotherapy candidate from our initial collaboration, and excited by the progress we are making together on bringing Dragonfly’s TriNKET technology to targets across a broader set of diseases."

Under the agreement Merck has exercised its option to license exclusive worldwide intellectual property rights on its second immunotherapy candidate developed using the TriNKET technology platform and Dragonfly has received an undisclosed payment associated with this milestone.