Theratechnologies Announces Closing of Funding of $40 Million Under the Terms of its Credit Agreement

On July 27, 2022 Theratechnologies Inc. ("Theratechnologies" or the "Company") (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, reported that it has received funding of $40 million under the terms of its credit agreement with affiliated funds of Marathon Asset Management (Press release, Theratechnologies, JUL 27, 2022, View Source [SID1234617043]). All dollar amounts are expressed in U.S. dollars, unless otherwise stated.

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This initial amount will be used to purchase $30 million of the principal amount of the convertible notes due June 2023 (the "Notes"). The purchase of the Notes is expected to occur on or about July 29, 2022.

On July 13, 2022, the Company announced that it entered into a binding commitment letter for a non-dilutive term loan of up to $100 million with affiliated funds of Marathon Asset Management. This credit facility is available to Theratechnologies in four various tranches with today’s first tranche of $40 million having been drawn down and funded. The credit agreement is available on SEDAR at www.sedar.com and on EDGAR at www.sec.gov under Theratechnologies’ filings.

Beyond Air® Schedules First Fiscal Quarter 2023 Financial Results Conference Call and Webcast

On July 27, 2022 Beyond Air, Inc. (NASDAQ: XAIR), a medical device and biopharmaceutical company focused on developing inhaled nitric oxide (NO) for the treatment of patients with respiratory conditions, including serious lung infections and pulmonary hypertension, and, through its affiliate Beyond Cancer, ultra-high concentration nitric oxide (UNO) for the treatment of solid tumors, reported that it will report financial results for its first fiscal quarter ended June 30, 2022 on Thursday, August 11, 2022 (Press release, Beyond Air, JUL 27, 2022, View Source [SID1234617097]). The Company’s management team is scheduled to host a conference call and webcast at 4:30 pm Eastern Time the same day.

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Akoya to Participate at Two Upcoming Investor Conferences

On July 27, 2022 Akoya Biosciences, Inc. (Nasdaq: AKYA) ("Akoya"), The Spatial Biology Company, reported that it will be participating in two upcoming investor conferences (Press release, Akoya Biosciences, JUL 27, 2022, View Source [SID1234616993]).

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UBS Genomics 2.0 and MedTech Innovation Conference
Fireside Chat – Brian McKelligon, Chief Executive Officer, and Niro Ramachandran, Chief Business Officer, will participate in a fireside chat on Tuesday, August 9th at 1:00 PM PT.
Canaccord Growth Conference
Panel: The New Frontier of Life Sciences: Spatial Omics is Transforming Biological Analysis – Brian McKelligon, Chief Executive Officer, will participate in a panel discussion on Wednesday, August 10th at 12:00 PM ET. Canaccord Genuity has arranged for all presentations to be broadcasted live and available for replay via the conference portal for 14 days.

Kura Oncology to Report Second Quarter 2022 Financial Results

On July 27, 2022 Kura Oncology, Inc. (Nasdaq: KURA), a clinical-stage biopharmaceutical company committed to realizing the promise of precision medicines for the treatment of cancer, reported that it will report second quarter 2022 financial results after the close of U.S. financial markets on Wednesday, August 3, 2022 (Press release, Kura Oncology, JUL 27, 2022, View Source [SID1234617009]). Kura’s management will host a webcast and conference call at 4:30 p.m. ET / 1:30 p.m. PT that day to discuss the financial results and provide a corporate update.

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To participate in the teleconference, domestic callers should dial 1-888-882-4478 and international callers should dial 1-323-794-2590 and reference conference ID: 8696904. A live webcast presentation can also be accessed using this weblink: View Source;tp_key=10754ad253. A replay of the webcast will be available online from the investor relations section of the company website at www.kuraoncology.com.

BIO 300 Pharmacokinetics Studies Published

On July 27, 2022 Humanetics Corporation reported that paper in Radiation Research, the official journal of the Radiation Research Society, details the results from a series of pharmacokinetics (PK) studies conducted with it’s (Humanetics) new radioprotective drug, BIO 300 (Press release, Humanetics, JUL 27, 2022, View Source [SID1234617025]). The studies, which were conducted by researchers at the University of Maryland Schools of Medicine and Pharmacy (UMB), compared the PK of BIO 300 using oral, subcutaneous, and intramuscular dosing. These nonclinical studies also examined the effect of radiation exposure on the PK of BIO 300. The researchers concluded that the effect of irradiation on the PK of BIO 300 is minimal, an important finding for use of the drug during radiation emergencies or during cancer radiotherapy treatments.

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Exposure to radiation can lead to acute radiation syndrome (ARS), which consists of numerous serious and life-threatening injuries. Survivors of ARS are at risk of developing delayed effects of acute radiation exposure (DEARE), which include a multitude of chronic injuries, notably to the lungs. There are currently no FDA-approved drugs that prevent ARS or DEARE. Humanetics is developing BIO 300 as a medical countermeasure (MCM) for use by the military, first responders, and in civilian populations that have been exposed, or may become exposed, to radiation to prevent or mitigate both ARS and DEARE.

"Our ongoing collaboration with colleagues at UMB has been instrumental in the development of BIO 300 for use as a MCM," said Ronald Zenk, CEO of Humanetics. "Current events in Ukraine and global threats of nuclear incidents point to the urgent need for drugs like BIO 300."

BIO 300 is also in clinical development for oncology applications to protect cancer patients from unintentional side effects caused by radiation therapy. Humanetics recently completed a phase 1b/2a clinical trial in lung cancer patients (NCT02567799). In addition, a phase 2b trial is currently in progress evaluating the clinical utility of BIO 300 to protect lung tissues against the long-term effects of COVID-19 (NCT04482595).