Bavarian Nordic to Host Third Quarter 2022 Results Conference Call

On November 2, 2022 Bavarian Nordic A/S (OMX: BAVA) reported that it will announce its 2022 third quarter results on Wednesday, November 9, 2022 (Press release, Bavarian Nordic, NOV 2, 2022, View Source [SID1234622823]).

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The management of Bavarian Nordic will host an investor/analyst call at 2 pm CET (8 am EST) on the same day to present the interim results followed by a Q&A session. A listen-only version of the call and presentation slides can be accessed via https://bit.ly/3Mud65F. To join the Q&A session, please register in advance via https://bit.ly/3g5j4gR.

EDAP TMS SA to Announce Third Quarter 2022 Financial Results on Wednesday, November 16th, 2022

On November 2, 2022 EDAP TMS SA (Nasdaq: EDAP), the global leader in robotic energy-based therapies, reported that it will release its financial results for the third quarter ended September 30th after the markets close on Wednesday, November 16th, 2022 (Press release, EDAP TMS, NOV 2, 2022, View Source [SID1234622822]).

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An accompanying conference call and webcast will be hosted by Marc Oczachowski, Chairman of the Board and Chief Executive Officer, Ryan Rhodes, CEO of EDAP U.S., and François Dietsch, Chief Financial Officer. The call will be held at 8:30am EDT on Thursday, November 17th, 2022. Please refer to the information below for conference call dial-in information and webcast registration.

Lantern Pharma Management to Present at Upcoming Investor Conferences in Q4

On November 2, 2022 Lantern Pharma Inc. (NASDAQ: LTRN), a clinical stage biopharmaceutical company using its proprietary RADR artificial intelligence ("A.I.") and machine learning ("M.L.") platform to transform the cost, pace, and timeline of oncology drug discovery and development, reported that Lantern management will be presenting at two upcoming investor conferences (Press release, Lantern Pharma, NOV 2, 2022, View Source [SID1234622821]):

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BioFuture Conference in New York, NY on Tuesday, November 8th, 2022 at 2:00 p.m. ET. Panna Sharma, CEO & President, and David Margrave, CFO, will present.
Registration: View Source
Disruptive Growth Conference in New York, NY from December 5-6th, 2022. Panna Sharma, CEO & President, will present. Time of presentation to be announced.
Registration: View Source

Alkermes plc Announces Intent to Separate Oncology Business

On November 2, 2022 Alkermes plc (Nasdaq: ALKS) reported approval by its Board of Directors (the Board) to explore separating its commercial-stage neuroscience business and development-stage oncology business (Press release, Alkermes, NOV 2, 2022, View Source [SID1234622820]). The company, together with the Board and external financial and legal advisors, plans to explore a separation of the oncology business into an independent, publicly-traded company (Oncology Co.) as part of an ongoing review of strategic alternatives for the oncology business.

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Alkermes believes separation of the oncology business into Oncology Co. would:

Drive a sharp strategic focus for each business;
Establish separate and distinct management teams with relevant therapeutic expertise based on each business’ unique strategic priorities and opportunities;
Simplify capital allocation decision-making and increase flexibility to pursue growth and investment strategies more directly aligned with each business’ respective goals; and
Enable the capital markets to better assess each business’ value, performance and potential, and attract a long-term shareholder base suited to each business.
"Alkermes will continue to build on our heritage of innovation and excellence in neuroscience. With a strong topline driven by the growth of our proprietary products, a specialized commercial infrastructure in neuropsychiatry and addiction, and proven drug development capabilities, the standalone neuroscience business represents a compelling opportunity to capture operating leverage, drive growth and profitability, and advance new potential medicines for neurological disorders," said Richard Pops, Chief Executive Officer of Alkermes. "With nemvaleukin now in two potential registrational studies, the oncology business has a compelling standalone investment thesis anchored by the potential medical and economic value of this potential first-in-class cancer therapy. We believe separating the oncology business at this time will best support and position nemvaleukin for success, create value for shareholders, and enable efficient advancement of our preclinical pipeline of engineered cytokines."

Article published in The Journal of Hepatology highlights potential of Claudin-1 as a novel target for the treatment of hepatocellular carcinoma

On November 2, 2022 Alentis Therapeutics ("Alentis" or "the Company"), the biotechnology company developing breakthrough treatments for organ fibrosis and fibrotic-associated cancers, reported that Scientific Founder Professor Thomas Baumert’s team has published an article on the role of Claudin-1 (CLDN1) in the treatment of hepatocellular carcinoma (HCC) The Journal of Hepatology (Press release, Alentis Therapeutics, NOV 2, 2022, View Source [SID1234622818]).

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Despite new treatment approvals, treatment response and prognosis of patients with advanced HCC remain poor. CLDN1 is a membrane protein expressed not only at tight junctions but also non-junctionally such as the basolateral membrane of the human hepatocyte. While CLDN1 within tight junctions is well characterized, the role of non-junctional CLDN1 and its role as a therapeutic target in HCC remains unexplored.

Using humanized monoclonal antibodies (mAbs) targeting specifically the extracellular loop of human non-junctional CLDN1 and a large series of patient-derived cell-based and animal model systems, the study investigated the role of CLDN1 as a therapeutic target for HCC.

The study found that mAbs targeting CLDN1 inhibit tumor growth in patient-derived ex vivo and in vivo models by modulating signaling, cell stemness and the tumor immune microenvironment. The results provide clear evidence of the efficiency of targeting CLDN1 for HCC and paves the way for the development of novel therapeutic interventions with CLDN1 mAbs, aimed at improving the limited efficacy of current therapies.

Moreover, given the differentiated mechanism of action, the identification of CLDN1 as a novel therapeutic target for HCC provides an opportunity to break the plateau of limited treatment response, especially in advanced HCC.

Professor Thomas Baumert commented: "Hepatocellular carcinoma (HCC) is a leading cause of cancer worldwide with rising incidence and long-term survival rates are poor. These data unravel a previously undiscovered functional role of CLDN1 in HCC signaling and microenvironment and provide compelling preclinical evidence on CLDN1 as a target for drug development using monoclonal antibodies."

Roberto Iacone, CEO at Alentis Therapeutics, added: "The role of CLDN1 in cancer has long been established and these data provide robust pre-clinical proof-of-concept for CLDN1 mAbs as potential first in-class compounds for hepatocellular carcinoma. We look forward to capitalizing on this exciting data and progressing ALE.C04, our development programme targeting CLDN1 for fibrotic-associated cancers, into the clinic."

This study was led by Prof. Thomas Baumert at Inserm and the University of Strasbourg and conducted as a collaboration between Inserm, University of Strasbourg, Alentis Therapeutics, German Cancer Research Center, University of Texas Southwestern Medical Center Dallas, Massachusetts General Hospital Cancer Center and Harvard Medical School.