On August 1, 2022 Amgen (NASDAQ:AMGN) reported that it will report its second quarter financial results on Thursday, August 4, 2022, after the close of the U.S. financial markets (Press release, Amgen, AUG 1, 2022, View Source [SID1234617186]). The announcement will be followed by a conference call with the investment community at 2:00 p.m. PT. Participating in the call from Amgen will be Robert A. Bradway, chairman and chief executive officer, and other members of Amgen’s senior management team.

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Live audio of the conference call will be simultaneously broadcast over the internet and will be available to members of the news media, investors and the general public.

The webcast, as with other selected presentations regarding developments in Amgen’s business given by management at certain investor and medical conferences, can be found on Amgen’s website, www.amgen.com, under Investors. Information regarding presentation times, webcast availability and webcast links are noted on Amgen’s Investor Relations Events Calendar. The webcast will be archived and available for replay for at least 90 days after the event.

On August 1, 2022 Ipsen (Euronext: IPN; ADR: IPSEY) and AGV Discovery reported that Ipsen has exercised its option to acquire exclusive worldwide rights to an investigational ERK inhibitor, discovered by AGV Discovery (Press release, Ipsen, AUG 1, 2022, View Source [SID1234617185]).

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The decision follows the successful achievement of a key developmental milestone and is the result of a research collaboration and option agreement between the companies, established in September 2020.

"We were encouraged by the early pre-clinical data and are excited to support the ongoing development of this promising therapeutic candidate", said Christelle Huguet, Senior Vice President, Head of Research, External Innovation and Early Development (REED) at Ipsen. "We look forward to advancing the science that we hope can one day deliver new, innovative treatments for cancer patients with high unmet needs across a range of different tumor types."

Cédric BORIES, President, AGV Discovery commented, "I am happy and proud to officially extend our collaboration with Ipsen. It represents a great opportunity to demonstrate our capabilities and have our asset grow, under the guidance of this innovative pharmaceutical company".

On August 1, 2022 Fresenius Kabi reported that it closed the majority stake acquisition of mAbxience Holding S.L. ("mAbxience"), a leading international biopharmaceutical company (Press release, Fresenius, AUG 1, 2022, View Source [SID1234617184]). The transaction was announced in March 2022 .

The acquisition significantly strengthens Fresenius Kabi’s footprint in the biopharmaceuticals space by broadening the product portfolio and expanding its production network with three state-of-the-art facilities for the production of biologic drug substance. This will enable Fresenius Kabi to cover the entire biopharmaceuticals value chain in the future and create flexible, competitive capacities for the production of the expanded biosimilars portfolio. The additional production capacities are expected to generate significant cost synergies with regard to the company’s own biosimilars portfolio. Furthermore, the acquisition enables further expansion in the high-growth CDMO (Contract Development and Manufacturing Organization) market for biologics.

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The purchase price will be a combination of c. €495 million upfront payment and milestone payments, strictly tied to the achievement of commercial and development targets. The contractual provisions also include a put / call option scheme regarding the sellers’ and future co-owners’ remaining shares in mAbxience (45%).

On August 1, 2022 CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of infectious and inflammatory disease, reported that it will report its financial results for the second quarter ended June 30, 2022, before the market open on Thursday, August 11, 2022, and will host a corporate update conference call at 8:30am Eastern Time (Press release, CorMedix, AUG 1, 2022, View Source [SID1234617183]).

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On August 1, 2022 Immedica Pharma AB reported that the MOPH Pharmacy & Drug Control Department has approved ZepzelcaTM (lurbinectedin) – for the treatment of metastatic Small Cell Lung Cancer (SCLC) (Press release, Immedica Pharma, AUG 1, 2022, View Source [SID1234617182]).

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"We are pleased to bring a new treatment choice to patients in Qatar with relapsed SCLC," said Anders Edvell, CEO at Immedica Pharma. "The Qatar MOPH approval of lurbinectedin underscores its potential to fill an unmet need in the SCLC community."

Immedica has a strategic alliance with Pharma Mar, the biopharma company which has successfully developed lurbinectedin. Both companies are committed to bringing innovative therapies to patients worldwide.

The approval of Zepzelca by Qatar MOPH Pharmacy & Drug Control Department is based on results from an open label, multi-center, single-arm clinical trial in 105 adults with relapsed SCLC1. The data, which appeared in The Lancet Oncology, in the May 2020 issue, showed that in relapsed SCLC, monotherapy with lurbinectedin had an overall response rate of 35% and a median duration of response of 5.3 months according to investigator assessments. The FDA approval is based on the same data.