Pfenex to Participate at the JMP Securities Life Sciences Conference

On June 5, 2018 Pfenex Inc. (NYSE American: PFNX) a clinical-stage development and licensing biotechnology company focused on leveraging its Pfēnex Expression Technology to improve protein therapies for unmet patient needs, reported that Eef Schimmelpennink, Chief Executive Officer, will be presenting a corporate overview at the JMP Securities Life Sciences Conference, taking place June 19-20 at The St. Regis New York hotel in New York City (Press release, Pfenex, JUN 5, 2019, View Source [SID1234538432]).

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Presentation Details:
Date: Wednesday, June 19, 2019
Time: 12:30pm Eastern Time

Interested parties can access the live audio webcast and archive from the Investors Section of Pfenex’s website at www.pfenex.com.

DelMar Pharmaceuticals Announces Closing of Financing

On June 5, 2019 DelMar Pharmaceuticals, Inc. (Nasdaq: DMPI) ("DelMar" or the "Company"), a biopharmaceutical company focused on the development and commercialization of new cancer therapies, reported the closing of its previously announced registered direct offering of 1,170,000 shares of common stock and, in a concurrent private placement, warrants to purchase 760,500 shares of common stock at a combined purchase price of $3.10 per share and related warrant (Press release, DelMar Pharmaceuticals, JUN 5, 2019, View Source [SID1234536900]). The warrants have an exercise price of $3.10 per share, are immediately exercisable and have a term of exercise of five years. The gross proceeds from the offering, prior to deducting offering expenses and placement agent fees and expenses payable by the Company, were $3.6 million.

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Maxim Group LLC acted as the lead placement agent and Dawson James Securities, Inc. acted as co-placement agent in connection with the transaction.

The shares of common stock described above were offered pursuant to an effective shelf registration statement on Form S-3, as amended (File No. 333-213601), that was previously filed with the Securities and Exchange Commission ("SEC") and declared effective on September 27, 2016. A final prospectus supplement and accompanying prospectus relating to the terms of the offering have been filed with the SEC and are available on the SEC’s website at www.sec.gov. Copies of the final prospectus supplement and the accompanying prospectus may be obtained by contacting Maxim Group LLC, 405 Lexington Avenue, New York, NY 10174, Attention: Syndicate Department, or via email at [email protected] or telephone at (212) 895-3745.

This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor may there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

EpimAb Biotherapeutics Raises $74M in Series B Financing

On June 5, 2019 EpimAb Biotherapeutics, an emerging Shanghai-based biopharmaceutical company specializing in bispecific antibodies, reported the closing of a $74 million USD Series B financing round (Press release, EpimAb Biotherapeutics, JUN 5, 2019, View Source [SID1234536901]). The financing was co-led by SDIC Fund and Sherpa Healthcare Partners, and also included investments from SCVC, further private investment entities, and the A round investors, bringing the total funding so far to over $100M USD. With the funding, EpimAb will continue to advance its clinical PhI/II program EMB01 and expand its clinical pipeline of multiple therapeutic candidates into immuno-oncology and other areas with highly unmet medical needs. In addition, EpimAb is expanding its current capacities with the addition of a new CMC site in Suzhou for process development and pilot manufacturing.

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"The completion of our Series B financing will allow the Company to accelerate transforming into a mid-size company, rapidly growing and advancing a pipeline based on our own discovery efforts," said Chengbin Wu, PhD, founder and CEO of EpimAb Biotherapeutics. "We are very proud to have grown from foundation on internal innovation to where we are today within less than 4 years and we greatly appreciate the support we’ve received from our existing and new investors, as well as their beliefs in our technologies that have demonstrated advantages in developing breakthrough biologics therapies."

EpimAb is creating a pipeline of novel proprietary bispecific antibody therapeutics with a strong focus on oncology and other areas of high values to patients. With the successful close of the B round, both Dongfang Li from SDIC Fund and Cheng Xing from Sherpa will join the Board of EpimAb with immediate effect. Next to Dr. Wu, the management of EpimAb consists of Dr. Stephan Lensky, leading the financing and BD efforts as COO and CBO, and Dr. Bin Peng, CMO, heading the translational and clinical development programs at EpimAb.

"EpimAb has been emerging as one of the most innovative Shanghai-based biotech companies with a global vision," said Dongfang Li, Director at SDIC Fund. "With EpimAb’s proprietary platform, strong science portfolio and well-orchestrated management, we are confident of its development in the upcoming years and have determined to become part of this exciting and unique enterprise."

"We have followed and recognized EpimAb’s rapid growth and progress in the past few years," said Cheng Xing, Managing Partner at Sherpa. "We are optimistic about its ongoing research progress and reinforcement of its position as a global leading bispecific antibody company with potential treatments benefiting more patients worldwide."

Oncolytics Biotech (R) to Host Conference Call to Discuss Co-Development Agreement with Pfizer and Merck KGaA

On June 5, 2019 Oncolytics Biotech Inc. (NASDAQ: ONCY) (TSX: ONC), currently developing pelareorep, an intravenously delivered immuno-oncolytic virus, reported that the company will host a conference call to discuss the co-development agreement with Pfizer and Merck KGaA (Press release, Oncolytics Biotech, JUN 5, 2019, https://ir.oncolyticsbiotech.com/news/detail/461/oncolytics-biotech-r-to-host-conference-call-to-discuss-co-development-agreement-with-pfizer-and-merck-kgaa [SID1234536902]).

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Webcast and Conference Call

Oncolytics management will host a conference call with a question and answer session for Analysts and Institutional Investors today, Wednesday, June 5, 2019 at 8:30 am ET. The live call may be accessed by dialing 877-407-9205 for callers in North America. A replay of this call will be available approximately two hours after the call is ended at 877-481-4010 for North American callers and 919-882-2331 for overseas callers using the replay code 49448 and will be available for one week. A live audio webcast of the call will be accessible on the Investor Relations page of Oncolytics’ website at www.oncolyticsbiotech.com and will be archived for three months.

International callers can access the live call at the following numbers:

Netherlands: 0 800 023 4340 (toll free)
United Kingdom: 0 800 756 3429 (toll free)
Switzerland: 0 800 835 525 (toll free)
Others: +1 201-689-8054

CStone received approval to initiate clinical development in China of CS1001 and BLU-554 (CS3008) in combination therapy for HCC

On June 5, 2019 CStone Pharmaceuticals (CStone; HKEX: 2616) reported that it has received approval to initiate clinical development in China of CS1001 in combination with BLU-554 (CS3008) in patients with locally advanced or metastatic hepatocellular carcinoma (HCC) (Press release, CStone Pharmaceauticals, JUN 5, 2019, View Source [SID1234552603]). The trial is a multi-center, open-label, and multi-dose Phase Ib/II study that aims to evaluate the safety, tolerability, pharmacokinetics, pharmacodynamics, and anti-tumor efficacy of the combination in advanced HCC.

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In 2015, there were approximately 326,000 deaths caused by liver cancer in China, making it the second leading cause of cancer death. HCC accounts for approximately 85-90% of all liver cancer cases and is the sixth most common cancer worldwide, with more than half the new cases and deaths every year occurring in China. Currently, advanced HCC represents a significant unmet need for both patients and physicians, with limited approved therapies.

CS1001 is a proprietary anti-PD-L1 monoclonal antibody developed by CStone, and one of the company’s three backbone immuno-oncology products. Currently, CS1001 is being investigated for the treatment of lung cancer, gastric cancers, and other advanced malignancies. In a Phase Ia study, CS1001 was well-tolerated and demonstrated anti-tumor activity with partial responses observed in a number of tumor types.

BLU-554 is a potent and highly selective inhibitor of fibroblast growth factor receptor 4 (FGFR4) discovered by CStone’s partner Blueprint Medicines. In previously presented data from an ongoing Phase I trial for the treatment of advanced HCC patients with aberrant fibroblast growth factor 19 (FGF19)-FGFR4 pathway activation, BLU-554 monotherapy was generally well-tolerated and demonstrated encouraging anti-tumor activity. The U.S. Food and Drug Administration has granted orphan drug designation to BLU-554 for the treatment of HCC.

In June 2018, CStone entered into an exclusive collaboration and license agreement with Blueprint to develop and commercialize three therapeutic candidates, including BLU-554, in mainland China, Hong Kong, Macau and Taiwan. Blueprint retains development and commercial rights to the three licensed therapeutic candidates in the rest of the world.

Dr. Frank Jiang, Chairman and CEO of CStone, commented: "One of CStone’s missions is to develop novel therapies to address important unmet needs created by highly prevalent and difficult-to-treat cancers in China. Combination therapy and precision medicine are the core strategies of our pipeline. Through our partnership with Blueprint, we have already initiated a China clinical program with BLU-554 as a monotherapy for HCC earlier this year, which is part of an ongoing global study. We expect the combination of BLU-554 with CS1001 can offer an important additional treatment option for this challenging disease."

"Emerging clinical data have shown encouraging results in HCC by combining immunotherapies with targeted therapies that are active as single agents. The combination of CS1001 and BLU-554 represents a great example of such an approach and a potential first-line treatment strategy for advanced HCC with FGF19-FGFR4 activation. We will rapidly advance the clinical development of this program to further explore these two promising drug candidates in combination," noted Dr. Archie Tse, Chief Translation Medical Officer of CStone.

About BLU-554

BLU-554 is an orally available, potent, irreversible inhibitor of FGFR4. BLU-554 was specifically designed by Blueprint Medicines to inhibit FGFR4 with exquisite selectivity, thereby sparing the paralogs FGFR1, FGFR2 and FGFR3. Blueprint Medicines is developing BLU-554, an investigational medicine, for the treatment of patients with FGFR4-activated HCC. Blueprint Medicines estimates that approximately 30 percent of patients with HCC have tumors with aberrantly activated FGFR4 signaling.

About CS1001

CS1001 is an investigational monoclonal antibody directed against PD-L1 being developed by CStone. Authorized by the U.S.-based Ligand Corporation, CS1001 is developed by the OMT transgenic animal platform, which can generate fully human antibodies in one step. As a fully human, full-length anti-PD-L1 monoclonal antibody, CS1001 mirrors natural G-type immune globulin 4 (IgG4) human antibody, which can reduce the risk of immunogenicity and potential toxicities in patients, potentially representing a unique advantage over similar drugs.

CS1001 has completed a dose-escalation Phase Ia study in China. In a Phase Ia study, it demonstrated good tolerability and antitumor activity. CS1001 is being investigated in a number of ongoing clinical trials, including one Phase I bridging study in the U.S. In China, its clinical program includes one multi-arm Phase Ib study, two pivotal Phase II studies, and three Phase III studies for several tumor types.