Chemomab to Participate in LifeSci Partners Annual Corporate Access Event and H.C. Wainwright BioConnect 2022 Healthcare Conference

On December 20, 2021 Chemomab Therapeutics, Ltd. (Nasdaq: CMMB) (Chemomab), a clinical-stage biotechnology company focused on the discovery and development of innovative therapeutics for fibrotic and inflammatory diseases with high unmet need, reported that senior management will participate in the LifeSci Partners 11th Annual Corporate Access Event, which will be held virtually from January 5-7, 2022, and the H.C. Wainwright BioConnect Conference, which will be held virtually from January 10-13, 2022 (Press release, Chemomab, DEC 20, 2021, View Source [SID1234597445]).

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!

Event details are below:

Chemomab_Logo
View File Download File
Chemomab_Logo
LifeSci Partners 11th Annual Corporate Access Event

Date: January 5-7, 2022
Format: 1-on-1 virtual meetings with senior management
Registration: LifeSci Partners Corporate Access Event 2022

HC Wainwright BioConnect 2022 Virtual Healthcare Conference

Date: Webcast available on demand at 7:00am ET Jan.10 through Jan.13, 2022
Format: Corporate overview webcast
Registration: View Source
Replay: Available on Chemomab website starting Jan.14, 2022 at investors.chemomab.com/events

VBL Therapeutics Selected for €17.5 Million of Funding from Horizon Europe EIC Accelerator Program

On December 20, 2021 VBL Therapeutics (Nasdaq: VBLT), a clinical stage biotechnology company developing first-in-class therapeutics for difficult-to-treat malignant solid tumors and immune or inflammatory indications, reported that it has been selected for €17.5 million of blended funding by the European Innovation Council (EIC) Accelerator (Press release, VBL Therapeutics, DEC 20, 2021, View Source [SID1234597463]). The funding is comprised of a €2.5 million grant and an additional €15 million direct equity investment by the EIC.

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 EIC Accelerator is a prestigious competitive program of the European Commission, which offers grants combined with equity investments through the EIC Fund. In addition to financial support, all projects benefit from a range of Business Acceleration Services that provide access to leading expertise, corporates, investors and ecosystem actors.

"We are honored to have been selected in this prestigious and competitive program, where only nine percent of companies got funded, with only a small fraction of those in biopharma," said Dror Harats, M.D., Chief Executive Officer of VBL. "In selecting us for this grant and investment, we believe the EIC recognized the value proposition that ofra-vec (VB-111) potentially offers to patients and the high unmet need that exists in ovarian cancer. Ofra-vec offers a novel targeted gene based approach to the way cancer is treated, and if approved, can potentially address some of the key challenges in treating ovarian cancer and establish a new standard of care. We are grateful for the EIC’s support and alignment in our collective mission to improve the lives of patients with cancer."

The EIC Accelerator’s support comes at a pivotal time for VBL. VBL is nearing the completion of enrollment in the ongoing Phase 3 OVAL registration-enabling clinical trial of ofra-vec (VB-111) in ovarian cancer, with the top-line progression free survival (PFS) co-primary endpoint data readout expected in the second half of 2022. The funds from the EIC will be used to support clinical development, Chemistry Manufacturing and Controls (CMC), and pre-commercialization activities.

For more information about the EIC Accelerator, refer to View Source

McKesson Corporation Enters Agreement to Sell its Austrian Business to Quadrifolia Management GmbH

On December 20, 2021 McKesson Corporation (NYSE: MCK) reported that it has entered into an agreement to sell its Austrian business to Quadrifolia Management GmbH ("Quadrifolia") (Press release, McKesson, DEC 20, 2021, View Source [SID1234597496]). The transaction includes the sale of McKesson Austria’s Herba Chemosan Apotheker-AG, together with Sanova Pharma GesmbH. The transaction is expected to close in fiscal 2022, subject to customary closing conditions, including receipt of required regulatory approvals.

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!

"Today’s transaction marks another milestone in advancing McKesson’s intent to streamline the portfolio and prioritize investments in areas where we have deep expertise and are central to our long-term growth strategy. We are making good progress in executing our strategy to exit Europe and continue to evaluate suitable exit alternatives for our businesses in Norway and Denmark," said Brian Tyler, chief executive officer, McKesson.

Quadrifolia will be conducting a management buyout which will see the existing management of the Austrian business buy all of the Herba Chemosan Apotheker-AG and Sanova Pharma GesmbH, backed by Invest AG. Invest AG has a solid track record of backing businesses in Austria over 25 years and will provide the new owners with further strength to fuel innovation and competition.

EpiAxis highlights – December 2021

On December 20, 2021 EpiAxis Therapeutics reported that expanding its PKC theta pre-clinical program and sending its peptides to Icahn School of Medicine at Mount Sinai (Press release, EpiAxis Therapeutics, DEC 20, 2021, View Source;utm_medium=rss&utm_campaign=epiaxis-highlights-december-2021 [SID1234597691]).

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!

Mt Sinai oncology

EpiAxis is collaborating with Dr Hanna Y Irie, MD, PhD, Associate Professor of Medicine, Hematology and Medical Oncology, Icahn School of Medicine at Mount Sinai and a leading research scientist in the PKC theta cancer sector. Under the collaboration, EpiAxis will provide Dr. Irie with its PKC theta inhibitors for evaluation in breast cancer models.

"This is an important collaboration for EpiAxis as we expand our pre-clinical program to advance our PKC theta assets," said EpiAxis CEO Dr Jeremy Chrisp. "We are delighted to be collaborating with Dr Irie’s team at the Icahn School of Medicine as this complements and strengthens our existing focus on LSD1 in breast cancer."

"This is an exciting opportunity to validate novel inhibitors against a promising therapeutic target for triple negative breast cancer, a particularly aggressive subtype that we have been studying for many years," said Mount Sinai’s Dr Irie about the partnership with EpiAxis.. "Once validated, we hope to translate these inhibitors for the benefit of patients."

EpiAxis CEO Jeremy Chrisp and Chairman David Fuller attended a Wholesale Investor networking event on December 16 at Verandah Bar in Sydney CBD.

The event was a valuable opportunity to share news about the company’s next generation therapeutics with an engaged audience.

"It was exciting to reveal how EpiAxis is spearheading a new approach to treating cancer," Dr Chrisp said.

Dr Chrisp explained to the attendees that while most existing therapies aim to destroy cancer cells, EpiAxis’ science reprograms them back into normal cells and increase cancer remission and its potential global impact. EpiAxis looks forward to expanding its partnership with Wholesale Investor in 2022.

"It was great to see like-minded professional investors, fund managers, family offices, and some of our clients at our WI Private event in Sydney," Wholesale Investor noted. "The Wholesale Investor team is truly grateful for the huge turnout and support – this has empowered us to create more engagement opportunities in the future."

EpiAxis also farewelled outgoing Director Nick McNaughton in mid-December.

"Thank you Nick for your six years of advice, counsel and support," Dr Chrisp said. "We wish you well with your next enterprise at Campus Plus."

McNaughton said: "It has been a great honour and privilege to represent all shareholders and stakeholders during my time on the Board of EpiAxis Therapeutics – the work Jeremy Chrisp, David Fuller and the extended team are doing is life changing. My oldest sister Val passed away from Breast Cancer in 1997 aged 49 and cancer remains the scourge of our time. It is my fervent belief that over the next decade we will find a cure to cancer and the work EpiAxis and the like are doing in this space will lead to the breakthrough discoveries that are needed to make this a reality."

Jeanette Wood will replace Nick as Director on the EpixAxis Board. Her board experience includes the successful listing of Nuevolution AG on the Swedish stock exchange and its recent takeover offer from Amgen.

Seagen to Present at the J.P. Morgan Healthcare Conference

On December 20, 2021 Seagen Inc. (Nasdaq: SGEN) reported that management will present virtually at the 40th Annual J.P. Morgan Healthcare Conference on Monday, January 10, 2022 at 3:00 p.m. Eastern Time (Press release, Seagen, DEC 20, 2021, View Source [SID1234597446]). The presentation will be webcast live and available for replay from the investor section of Seagen’s website at investor.seagen.com.

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!