PDS Biotech Receives $1.2 Million After Selling Its Net Operating Loss Tax Benefits Through The New Jersey Economic Development Program

On April 19, 2022 PDS Biotechnology Corporation (Nasdaq: PDSB), a clinical-stage immunotherapy company developing a growing pipeline of molecularly targeted cancer immunotherapies and infectious disease vaccines based on the Company’s proprietary Versamune and Infectimune T-cell activating technologies, reported that on April 18, 2022, the Company received $1.2 million from the net sale of tax benefits to an unrelated, profitable New Jersey corporation pursuant to the Company’s participation in the New Jersey Technology Business Tax Certificate Transfer Net Operating Loss (NOL) program for State Fiscal Year 2021 (Press release, PDS Biotechnology, APR 19, 2022, View Source [SID1234612493]).

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"We are pleased to receive funds from the New Jersey NOL program," said Matthew Hill, Chief Financial Officer of PDS Biotech. "The funding will be beneficial to us as we progress through our four Phase 2 oncology trials for PDS0101 and as we transition PDS0103 into human clinical trials."

The New Jersey Technology Business Tax Certificate Transfer program enables qualified, unprofitable NJ-based technology or biotechnology companies with fewer than 225 US employees (including parent company and all subsidiaries) to sell a percentage of their NOL and research and development tax credits to unrelated profitable corporations. NOLs may be sold for at least 80 percent of their value, up to a maximum lifetime benefit of $20 million per business. This allows qualifying technology and biotechnology companies with NOLs to turn tax losses and credits into cash proceeds to fund their growth and operations, including research and development or other allowable expenditures.

Nykode Therapeutics to present at Kempen Life Sciences Conference

On, April 19, 2022 Nykode Therapeutics AS (Euronext Growth (Oslo): NYKD), a clinicalstage biopharmaceutical company dedicated to the discovery and development of vaccines and novel immunotherapies, reported that its Chief Executive Officer, Michael Engsig, and Chief Innovation and Strategy Officer, Agnete Fredriksen, will present at the Kempen Life Sciences Conference on April 20, 2022 (Press release, Nykode Therapeutics, APR 19, 2022, View Source [SID1234612491]).

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The presentation will be available in the Investors section of the Company’s website at www.nykode.com/investors/financial-reports-and-presentations/.

Nykode Therapeutics to host Capital Markets Day

On April 19, 2022 Nykode Therapeutics AS (Euronext Growth (Oslo): NYKD), a clinicalstage biopharmaceutical company dedicated to the discovery and development of vaccines and novel immunotherapies, reported that it will host a Capital Markets Day for investors and analysts on May 12, 2022 from 2 p.m. CET / 8 a.m. ET (Press release, Nykode Therapeutics, APR 19, 2022, View Source [SID1234612490]). The event will be hosted both with the possibility for physical attendance at Nykode’s facilities in Oslo, Norway, as well as a live webcast. The Capital Markets Day will feature updates on Nykode’s business, innovations and latest developments.

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Further details of the agenda and registration details will follow.

Miravo Healthcare™ to Present at Bloom Burton & Co. Healthcare Investor Conference

On April 19, 2022 Nuvo Pharmaceuticals Inc. (TSX:MRV; OTCQX:MRVFF) d/b/a Miravo Healthcare (Miravo or the Company), a Canadian-focused healthcare company with global reach and a diversified portfolio of commercial products, reported Jesse Ledger, Miravo’s President & Chief Executive Officer and Mary-Jane Burkett, Miravo’s Vice President & Chief Financial Officer will be presenting at the Bloom Burton & Co. Healthcare Investor Conference (Press release, Nuvo Pharmaceuticals, APR 19, 2022, View Source [SID1234612489]).

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Bloom Burton & Co. Healthcare Investor Conference

The Bloom Burton & Co. Healthcare Investor Conference brings together U.S., Canadian and international investors who are interested in the latest developments in the Canadian healthcare sector. Attendees will have an opportunity to obtain corporate updates from the premier Canadian publicly traded and private companies through presentations and private meetings.

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Bloom Burton & Co. is a firm dedicated to accelerating returns in the healthcare sector for both investors and companies. Bloom Burton has an experienced team of medical, scientific, pharmaceutical, legal and capital markets professionals who perform a deep level of diligence, which combined with our creative and entrepreneurial approach, assists our clients in achieving the right monetization events. Bloom Burton and its affiliates provide capital raising, M&A advisory, equity research, business strategy and scientific consulting, advisory on direct investing and company creation and incubation services. Bloom Burton Securities Inc. is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and is also a member of the Canadian Investor Protection Fund (CIPF).

Ligand to Report First Quarter Financial Results on May 4

On April 19, 2022 Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) reported that it will report first quarter 2022 financial results after the close of the U.S. financial markets on Wednesday, May 4, 2022 and will hold a conference call that same day beginning at 4:30 p.m. Eastern time (Press release, Ligand, APR 19, 2022, View Source [SID1234612488]). Speakers on the call will include Ligand’s CEO John Higgins, President and COO Matt Foehr and Executive Vice President and CFO Matt Korenberg.

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