On May 19, 2022 Perrigo Company plc (NYSE: PRGO), a leading provider of Consumer Self-Care Products, reported that President and CEO, Murray S. Kessler and CFO Eduardo Bezerra are scheduled to participate in investor meetings at the Credit Suisse HALO Investment Summit held in New York City on Wednesday, May 25th (Press release, Perrigo Company, MAY 19, 2022, View Source [SID1234614867]). There will be no formal presentation.

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President and CEO, Murray S. Kessler is also scheduled to virtually present at the Oppenheimer Consumer Growth and E-Commerce Conference on Wednesday, June 15th at 9:45 AM EDT.

Interested parties can access webcasts on the Perrigo website at View Source

On May 19 2022 Oxford Drug Design Limited (ODD), a biotechnology company with a proprietary computational and machine learning platform, reported that it has raised $2.7M (£2.2M) in funding from existing investors ACF Investors, o2h Ventures, Jonathan Milner, a number of returning angels and new investors and the US-based R42 Group (Press release, Oxford Drug Design, MAY 19, 2022, View Source [SID1234614866]). This brings the firm’s total amount of grant and equity funding to over $12 M (£10M).

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A spinout of Oxford University, ODD has been at the forefront of computer-aided drug design with its pioneering, dual-track AI proprietary platform for drug discovery. The company has recently entered an oncology expansion phase accelerated by its two core competencies: world-leading expertise in the versatile aminoacyl-tRNA synthetase enzymes and its AI/machine learning computational capabilities. These capture molecular and biological features which enable machine learning models with increased predictive power and accuracy of molecule selection. The company is currently focused on unmet therapeutic needs in oncology, initially against lung and colorectal cancers.

This growth capital will enable ODD to further its drug research and discovery starting with a proof-of-concept study to validate its pioneering, innovative approach against cancer. It will also establish a new commercial offering of its proprietary AI platform to pharmaceutical and biotechnology companies. OOD’s validated platform is in increasing demand from third parties in the pharmaceutical space and is already generating revenue separately from the company’s direct work in oncology drug discovery. The investment will also go towards operational purposes and further expansion ahead of a Series A investment round this year.

Alan D. Roth, CEO of Oxford Drug Design said: "This latest funding will enable us to build on and accelerate our successful computational design-led discovery focus. We are excited to be playing a pivotal role in the innovation of oncological treatments leading to better outcomes for cancer patients worldwide. Our groundbreaking new approach stands to be initially validated by the proof-of-concept studies. We are achieving rapid progress not only with our industry-leading drug discovery programme, but also our proprietary AI platform. This has led to increasing interest from third parties in our machine learning capabilities, so we are keen to capitalise on this demand and establish a commercial effort in this area".

Tim Mills, Managing Partner of ACF Investors said: "The team at Oxford Drug Design have created a pioneering platform that is enabling truly innovative drug discovery. It is exciting to see them initiating their proof-of-concept study. It is additionally no surprise that companies operating in the space have identified the opportunity of using its proprietary machine learning technology. We are delighted to continue to support ODD – It is a testament to the strength of the company’s technology and team that all of the existing investors and angels have participated in this follow-on round, which will supercharge their expansion globally and enable key strategic hires."

On May 19, 2022 Moleculin Biotech, Inc., (Nasdaq: MBRX) ("Moleculin" or the "Company"), a clinical stage pharmaceutical company with a broad portfolio of drug candidates targeting highly resistant tumors and viruses, reported that Walter Klemp, President and Chief Executive Officer of Moleculin, will present at the H.C. Wainwright Global Investment Conference being held May 23-26, 2022 in Miami, FL and virtually (Press release, Moleculin, MAY 19, 2022, https://moleculin.com/moleculin-to-present-at-the-h-c-wainwright-global-investment-conference/ [SID1234614865]).

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In addition to the presentation, management will be available to participate in virtual one-on-one meetings with qualified members of the investor community who are registered to attend the conference. For more information, please visit the conference website.

A video webcast of the presentation will be available for viewing on-demand beginning Tuesday, May 24, 2022, at 7:00 AM ET for those registered for the event and will be accessible on the Events page in the Investors section of the Company’s website (www.moleculin.com). The webcast replay will be archived for 90 days following the event.

On May 19, 2022 Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, reported that the U.S. Food and Drug Administration (FDA) has granted orphan drug designation to XMT-2056, the company’s lead Immunosynthen STING-agonist ADC, for the treatment of gastric cancer (Press release, Mersana Therapeutics, MAY 19, 2022, View Source [SID1234614864]).

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According to the American Cancer Society, gastric cancer (also referred to as stomach cancer) accounts for approximately 1.5 percent of all new cancers diagnosed in the United States each year, with an estimated 26,560 new cases reported in 2021. The FDA grants orphan drug designation to a drug or biologic intended to treat a rare disease or condition impacting fewer than 200,000 individuals in the United States. This designation qualifies Mersana for potential incentives, including tax credits for certain trials, exemption from user fees and the potential for seven years of market exclusivity following approval (if granted).

"The FDA’s decision to grant orphan drug designation to XMT-2056 for the treatment of gastric cancer is an important recognition of its potential in this area of high unmet medical need," said Anna Protopapas, President and Chief Executive Officer of Mersana Therapeutics. "We are eager to bring XMT-2056 and its unique mechanism of action into the clinic mid-year to investigate its safety, tolerability and anti-tumor activity in gastric and other cancers."

XMT-2056 is designed to offer a differentiated and complementary therapeutic approach to existing and emerging solid tumor treatments. The company developed XMT-2056 leveraging a differentiated antibody that binds to a novel HER2 epitope, providing the opportunity, as demonstrated in preclinical studies, for treatment both as monotherapy and in combination with a variety of agents, including other anti-HER2 therapies. Mersana plans to initiate a Phase 1 trial of XMT-2056 in a range of HER2 expressing tumors, such as breast, gastric and non-small-cell lung cancers, in mid-2022.

On May 19, 2022 Genprex, Inc. ("Genprex" or the "Company") (NASDAQ: GNPX), a clinical-stage gene therapy company focused on developing life-changing therapies for patients with cancer and diabetes, reported that its President and Chief Executive Officer, Rodney Varner, will be providing a virtual overview of the Company’s gene therapies for cancer and diabetes to investors at the following conference in May 2022 (Press release, Genprex, MAY 19, 2022, View Source [SID1234614863]).

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Event: H.C. Wainwright Global Investment Conference (Virtual and In-Person)

Conference Dates: May 23-26, 2022

Virtual Presentation Date: Available on-demand within the virtual platform for all delegates beginning May 24 at 7 a.m. ET

Presenter: Rodney Varner, Genprex’s President and Chief Executive Officer

Mr. Varner will deliver an overview of the Company’s pioneering gene therapies for cancer and diabetes and will be available for virtual one-on-one meetings with investors through the H.C. Wainwright conference platform