Xencor to Present at Upcoming Investor Conferences

On May 26, 2020 Xencor, Inc. (NASDAQ: XNCR), a clinical-stage biopharmaceutical company developing engineered monoclonal antibodies for the treatment of cancer and autoimmune diseases, reported that Bassil Dahiyat, Ph.D., president and chief executive officer, will participate in two upcoming investor conferences (Press release, Xencor, MAY 26, 2020, View Source [SID1234558494]):

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Jefferies Virtual Healthcare Conference
Date: Tuesday, June 2, 2020
Presentation Time: 2:30 p.m. ET / 11:30 a.m. PT
Raymond James Human Health Innovation Conference
Date: Monday, June 15, 2020
Immuno-Oncology Panel Time: 11:00 a.m. ET / 8:00 a.m. PT
A live webcast of the presentation at the Jefferies conference will be available under "Events & Presentations" in the Investors section of the Company’s website located at www.xencor.com. A replay will be posted on the Xencor website approximately one hour after the live event and will be available for 30 days.

Medivir Appoints Yilmaz Mahshid as New CEO

On May 26, 2020 Medivir AB (Nasdaq Stockholm: MVIR) reported that its Board of Directors has appointed Yilmaz Mahshid as the new CEO of the company (Press release, Medivir, MAY 26, 2020, View Source [SID1234558511]). Yilmaz Mahshid has long and broad experience from qualified roles in the life science sector. He succeeds Uli Hacksell, who has been CEO since October 2018. Yilmaz Mahshid will assume his position in the fall. Uli Hacksell remains as a board member of Medivir.

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Yilmaz Mahshid joins Medivir from his recent position as CFO at PledPharma. He was prior to that Investment Manager at Industrifonden. He has also worked as a health care analyst at Pareto Securities and at Öhman Fondkommission. Yilmaz holds a doctorate from the Department of Medical Biochemistry and Biophysics at Karolinska Institute. He began his career as a researcher at the Karolinska Institute followed by the pharmaceutical companies Biolipox and Orexo.

– Uli Hacksell assumed leadership responsibility for Medivir as acting CEO in the fall of 2018 in conjunction with the strengthened focus on clinical cancer projects and a comprehensive restructuring of the company. Uli has invested enormous energy in shaping and developing Medivir into the company it is today. When we looked for Uli’s successor, important parameters were experience, a strong scientific foundation, knowledge and insight about the industry as well as the investor perspective. In Yilmaz Mahshid we have found what we were looking for and it is my great pleasure to welcome him to Medivir", says Helena Levander, Chairman of Medivir’s Board of Directors.

– Going forward, Uli will still be strongly involved in the company’s development in his role as board member. We are extremely grateful that he led the strategically important transformation of Medivir", continues Helena Levander.

– I believe that Yilmaz will be perfect as new CEO of Medivir. He is extremely qualified and has the background, drive and strategic thinking that our exciting company needs. I will stay on as CEO until Yilmaz takes over. Shortly after the handover I will return to function solely as a board member, but I will of course be available as a sparring partner whenever Yilmaz so wishes.", says Uli Hacksell, CEO at Medivir.

Medivir AB is obliged to make this information public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.30 CET on May 26, 2020.

Interim Report Q1 2020

On May 26, 2020 Oncopeptides reported that Interim Report Q1 2020 (Press release, Oncopeptides, MAY 26, 2020, View Source [SID1234558444])

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Financial overview January 1 – March 31, 2020
Net sales amounted to SEK 0.0 M (0.0)
Loss for the period was SEK 297.3 M (loss: 134.1)
Loss per share, before and after dilution, was SEK 5.37 (loss: 2.82)
On March 31 cash and cash equivalents amounted to SEK 617.8 M (747.5)
Significant events during the period January 1 – March 31, 2020
Top line results from the company’s pivotal phase 2 study HORIZON were presented and showed a 26% Overall Response Rate (ORR) of melflufen in triple-class refractory multiple myeloma patients
The Lancet Haematology published detailed results from Oncopeptides international multi¬center study, O-12-M1
Oncopeptides announced that COVID-19 will not affect the company’s pivotal studies sig¬nificantly while recruitment to explorative studies and initiating new studies will temporar¬ily be paused
The company strengthened its management team with several new senior executives
Significant events after the reporting period
In May, Oncopeptides completed a directed share issue of SEK 1,414 million (144 MUSD) before issue costs
The enrollment in the pivotal phase 3 study OCEAN was successfully completed in May including 450 patients from more than 100 hospitals around the world
Financial overview of the group
2020
Jan – Mar 20191)
Jan – Mar 2019
Jan – Dec
Net sales – – –
Operating loss -296,876 -133,812 -739,392
Loss before tax -297,327 -133,946 -739,920
Loss for the period -297,329 -134,077 -740,705
Earnings per share before and after
dilution (SEK) -5.37 -2.82 -14.33
Cash flow from operating activities -312,841 -142,821 -690,566
Cash and cash equivalents at the end of the period 617,786 747,471 926,186
Research & development costs/operating expenses % 72% 80% 74%
1) Earlier periods have been adjusted to reflect correction of errors, see note 6.

Conference call for investors, analysts and the media
The Interim Report Q1 2020 and an operational update will be presented by CEO Jakob Lindberg and members of Oncopeptides management team, Tuesday May 26, 2020 at 10:00 (CET). The conference call will also be streamed via a link on the website: www.oncopeptides.com.

Boston Scientific to Participate in Jefferies 2020 Healthcare Conference

On May 26, 2020 Boston Scientific Corporation (NYSE: BSX) reported to participate in the Jefferies 2020 Virtual Healthcare Conference on June 2 (Press release, Boston Scientific, MAY 26, 2020, View Source [SID1234558461]).

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Joe Fitzgerald, executive vice president and president, Rhythm Management; Kenneth Stein, M.D., senior vice president and chief medical officer, Global Health Policy and Rhythm Management; Mark Bickel, vice president, controller, Rhythm Management; and Susie Lisa, vice president, Investor Relations will participate in a 25-minute question-and-answer session with the host analyst beginning at approximately 8 a.m. EDT.

A live webcast and replay of the webcast will be accessible at investors.bostonscientific.comView Source The replay will be available beginning approximately one hour following the completion of the event.

Immunocore announces dosing of first patient with fourth ImmTAC®

On May 26, 2020 Immunocore (or the "Company"), a pioneering, clinical-stage T cell receptor biotechnology company working to develop and commercialise a new generation of transformative medicines to address unmet needs in cancer, infection and autoimmune disease, reported the start of the first-in-human clinical trial of IMC-F106C, the fourth bispecific developed using the Company’s innovative ImmTAC technology platform (Press release, Immunocore, MAY 26, 2020, View Source [SID1234558477]). Wholly owned IMC-F106C is focused on targeting tumours that express PRAME, a cancer-testis antigen (CTA) that is highly expressed in a broad range of solid and hematologic malignancies, and is being developed by Immunocore.

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The trial (IMC-F106C-101) is designed to study the safety and preliminary activity of IMC-F106C as a monotherapy and in combination with a checkpoint inhibitor in patients with PRAME-expressing cancers.

"IMC-F106C is designed to re-direct T cells to attack PRAME expressing tumours. PRAME is an important target since it is broadly expressed in metastatic non-small cell lung cancer and other tumours of unmet need," said David Berman, Head of Research and Development at Immunocore. "The start of this study is another significant milestone for Immunocore and we are pleased that clinical development has continued despite these unprecedented times as we aim to deliver medicines to transform patients’ lives."