On February 1, 2022 Orion Corporation reported that 38,220 A shares have been converted into 38,220 B shares (Press release, Orion , FEB 1, 2022, View Source,Register%20on%201%20February%202022. [SID1234607579]). The conversion has been entered into the Trade Register on 1 February 2022 .

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

The total number of shares in Orion Corporation is 141,134,278 which, after the conversion, consists of 34,774,986 A shares and 106,359,292 B shares. The number of votes of the company’s shares is after the conversion 801,859,012.

On February 1, 2022 DiscoveryBioMed, Inc. and collaborators reported that they are humbled and honored to receive a 2-year grant from the Michael J. Fox Foundation for Parkinson’s Research (MJFF) (Press release, DiscoveryBioMed, FEB 1, 2022, View Source [SID1234607596]). MJFF is a premier private foundation driving cutting-edge research that will yield viable therapeutics for Parkinson’s disease.

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

The monies are awarded to develop, validate, select and progress hit-to-lead Stimulator of Interferon Genes (STING) inhibitors for Parkinson’s disease. DiscoveryBioMed, Inc. and our collaborator, Nitor Therapeutics led by Dr. Shanta Bantia, are performing in vitro assays currently to determine which hit-to-lead STING inhibitors bind STING directly and which inhibit the STING-associated signal transduction pathway in human immune-relevant cells. Then, we will identify STING inhibitors that are both blood-brain barrier permeant and that are also potent and effective at inhibiting STING and the STING-based signaling pathway in innate immunity-relevant human cells in vitro. This therapeutic approach may quell chronic neuroinflammation in Parkinson’s disease. MJFF funded the program and has already provided sage advice in the beginnings of the project. Later term, bioavailability of our lead STING inhibitors in the central nervous system (CNS) will be determined, and critical proof-of-concept efficacy testing in a mutant alpha-synuclein over-expression model of Parkinson’s disease in the brain of mice will be performed with a lead STING inhibitor. In addition to Dr. Bantia as a paid consultant, Dr. David G. Standaert, MD, PhD, John N. Whitaker Professor and Chair of the Department of Neurology at the UAB Heersink School of Medicine is also advising DBM on this project as a world expert on Parkinson’s disease and other neurological disorders that affect movement.

"We are honored to be funded and working with MJFF. The experience working with MJFF has already been helpful, and we are excited to identify a lead STING inhibitor as a potential Parkinson’s disease therapeutic," declared Dr. Erik Schwiebert, DBM’s CEO and Chief Scientific Officer, and Dr. John Streiff, DBM’s Chief Chemistry Officer. "Our chemical series are distinct from nucleosides and nucleotides that have been classical STING ligands in past efforts."

The discovery of multiple hit-to-lead chemical classes of STING inhibitors was funded by a successful Phase 1 SBIR award from the National Institutes of Health (NIH) and its National Institute of Allergy and Infectious Disease (NIAID). A potential Phase 2 SBIR award is pending possible funding.

On February 1, 2022 Eli Lilly and Company (NYSE: LLY) reported that it will participate in the Guggenheim Oncology Conference on Wednesday, Feb. 9, 2022 (Press release, Eli Lilly, FEB 1, 2022, View Source [SID1234607564]). Jake Van Naarden, CEO of Loxo Oncology at Lilly and president, Lilly Oncology and David Hyman, M.D., chief medical officer, Lilly Oncology, will participate in a virtual fireside chat at 12 p.m., Eastern time .

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

A live audio webcast will be available on the "Webcasts & Presentations" section of Lilly’s Investor website at View Source A replay of the presentation will be available on this same website for approximately 90 days.

On February 1, 2022 Bio-Techne Corporation (NASDAQ: TECH) reported that its Board of Directors has decided to pay a dividend of $0.32 per share for the quarter ended December 31, 2021 (Press release, Bio-Techne, FEB 1, 2022, View Source [SID1234607580]). The quarterly dividend will be payable February 25, 2022, to all common shareholders of record on February 11, 2022. Future cash dividends will be considered by the Board of Directors on a quarterly basis.

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

Bio-Techne also announced today that its board of directors has approved a new share repurchase program authorizing the repurchase of up to $400 million of common stock. The new share repurchase program begins February 2, 2022 and replaces the previous program. The timing and number of shares to be repurchased will depend on factors such as the share price, economic and market conditions, and corporate and regulatory requirements. The share repurchase program may be suspended, amended, or discontinued at any time and does not obligate the Company to acquire any specific dollar amount or number of shares of common stock.

On February 1, 2022 Glycotope GmbH, a biotechnology company developing antibodies against proteins carrying tumor-specific carbohydrate structures, and CantonBio Deutschland GmbH, a subsidiary of Canton Biologics Co. Ltd., a leading Chinese CDMO, reported the successful completion of CantonBio’s acquisition of Glycotope’s service business under the newly formed FyoniBio GmbH (Press release, Glycotope, FEB 1, 2022, View Source [SID1234607597]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

The spin-out completes Glycotope’s refocus solely towards drug discovery and development, utilizing its proprietary technology platform to develop uniquely tumor-specific monoclonal antibodies. FyoniBio, now as part of Canton Biologics Group, will continue the contract development service business and offer a broad range of ISO-9001 compliant services from cell line development to clinical bioanalysis.

Henner Kollenberg, Glycotope’s Chief Executive Officer, said "We look forward to collaborating with FyoniBio for our development needs, while Glycotope’s renewed focus solely on drug discovery and development sharpens our profile as a platform company for tumor targeting antibodies with unique specificity."

Dr. Lars Stöckl, Managing Director of FyoniBio said "We are also looking forward to continuing the service business with a great team of long-term colleagues and long-standing existing partners as well as potential new collaborators."

Dr. Hans Baumeister, Managing Director of FyoniBio added; "We are so happy to be able to offer extended one-stop service packages from clone and cell line development all the way to GMP manufacturing. Our portfolio in clinical bioassay services performed under GCLP quality regulations is surely an add-on for the CDMO service offered by FyoniBio and Canton Biologics."

Dr. Xiao Shen, Founder and Chief Executive Officer of Canton Biologics said, "The acquisition of FyoniBio not only supports the international growth strategy of Canton Biologics, more importantly, through FyoniBio, Canton Biologics can significantly extend our technology platforms and service scope to better support international clients in Europe and worldwide."