Beyond Air® Announces Participation at Upcoming Investor Conferences in March 2022

On February 8, 2022 Beyond Air, Inc. (NASDAQ: XAIR), a clinical-stage 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 Steve Lisi, Chairman and Chief Executive Officer of Beyond Air, is scheduled to participate in two upcoming investor conferences in March 2022 (Press release, Beyond Air, FEB 8, 2022, View Source [SID1234607855]).

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Details for Upcoming Conference Presentations:

Event: 34th Annual Roth Conference
Date and Time: March 13-15, 2022
Location: Dana Point, California

Event: Oppenheimer 32nd Annual Healthcare Conference
Date and Time: March 15-16, 2022
Location: Virtual presentation is scheduled for Wednesday, March 16th at 10:00 AM ET
Please contact your representative at either Roth or Oppenheimer to schedule a one-on-one meeting with Beyond Air during the respective conference.

Tempus Announces the Acquisition of Highline Sciences

On February 8, 2022 Tempus, a leader in artificial intelligence and precision medicine, reported the acquisition of Highline Sciences, a ​​specialized, full-service clinical contract research organization (CRO) focused on oncology (Press release, Tempus, FEB 8, 2022, View Source [SID1234607871]).

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Highline Sciences manages and executes on early and late-stage clinical trials, applying a customized approach to each study. Highline’s capabilities and expertise will help support and grow new and established business lines within Tempus, allowing the company to vertically integrate more clinical trial services when appropriate to complement its existing CRO partnerships.

"We are committed to improving the current clinical trial model and are always seeking new ways to advance how studies are designed and executed so that we can bring clinical trials to the patients that need them most," said Eric Lefkofsky, Founder and CEO of Tempus. "Highline’s approach to putting patients first aligns with our own, and we look forward to seeing what we can achieve together."

"We are thrilled to join a mission-driven organization that is aligned with our values and our focus on making a positive difference in the lives of patients," said Collin Williams, Founder and CEO of Highline Sciences. "Joining forces with Tempus creates a unique offering for customers and new, innovative approaches to improving clinical research services and accelerating the development of promising therapies."

Notice Regarding Recording of Extraordinary Income in Non-consolidated Finacial Statements

On February 7, 2022 Kyowa Kirin Co., Ltd. (hereinafter, the "Company") reported that it has recorded extraordinary income in the non-consolidated financial statements for Fiscal 2021 (January 1, 2021 to December 31, 2021) (Press release, Kyowa Hakko Kirin, FEB 7, 2022, View Source [SID1234607778]). The details are as follows.

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1. Details of extraordinary income The Company had provided an allowance for doubtful accounts for bonds issued by FUJIFILM KYOWA KIRIN BIOLOGICS Co., Ltd., which is an associate accounted for using the equity method of the Company, that the Company had underwritten. However, given the fact that the bonds have started to be repaid and in consideration of the repayment schedule going forward, etc., the Company recorded extraordinary income of ¥29,834 million as reversal of allowance for doubtful accounts for subsidiaries and associates in the non-consolidated financial statements for the fiscal year ended December 31, 2021.

2. Impact on consolidated financial results Because the reversal of allowance for doubtful accounts for subsidiaries and associates was eliminated in the consolidated financial statements, there is no impact on the consolidated financial results.

Navidea Biopharmaceuticals Announces Research Agreement with the University of Pennsylvania Evaluating Tc99m Tilmanocept as a Prognostic Marker for Glioblastoma

On February 7, 2022 Navidea Biopharmaceuticals, Inc. (NYSE American: NAVB) ("Navidea" or the "Company"), a company focused on the development of precision immunodiagnostic agents and immunotherapeutics, reported the signing of a Sponsored Research Agreement with the University of Pennsylvania ("Penn") for a project to evaluate the use of Tc99m tilmanocept imaging in glioblastoma as a prognostic agent for tumor growth rate and overall survival (Press release, Navidea Biopharmaceuticals, FEB 7, 2022, View Source [SID1234607795]). The research is led by Principal Investigator Ali Nabavizadeh, MD, of the Department of Radiology in the Perelman School of Medicine at Penn.

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Glioblastoma ("GBM") is the most aggressive and most common primary central nervous system tumor in adults and there is an urgent need for new therapies. Macrophages play an important role in tumor biology. They are a major population of non-cancer cells in GBM, representing as many as half of all cells in some cases. These Tumor Associated Macrophages ("TAMs") may then be a viable target for tumor therapies or serve as a biomarker for monitoring tumor status.

Broadly, active macrophages can be of a tumor suppressing type (M1 macrophages) or of a tumor promoting type (M2 macrophages). The TAMs are typically M2-like and are known to express high levels of CD206, the macrophage mannose receptor that Tc99m tilmanocept targets. This research has as its hypothesis that the M2 TAMs in GBM can be imaged with Tc99m tilmanocept, and that this imaging can serve as a predictive tool for outcome with and without use of an immunotherapy that works in part to change the M2-like macrophage population to a more M1-like state, promoting tumor killing.

In these preclinical studies, Tc99m tilmanocept imaging will be evaluated in correlation with tumor growth rate, and in separate studies Tc99m tilmanocept imaging will be performed before and after anti-interleukin-6 therapy, which has been shown to promote TAM switching from the M2 to M1 state. Study endpoints will include quantitative imaging compared to pathology and overall survival.

Dr. Michael Rosol, Chief Medical Officer for Navidea, said, "We are pleased to sponsor this important work with Dr. Nabavizadeh at Penn. This is another in a line of research collaborations we have had with the highest level of researchers at top tier institutions." Dr. Rosol continued, "Today’s announcement exemplifies the broad reach of our tilmanocept platform. The development of applications of Tc99m tilmanocept as a prognostic biomarker in cancers could have far-reaching implications for monitoring patient treatment and making decisions about therapeutic benefit. We are excited to continue to develop new and valuable applications for our core technology."

"TAMs are a very important component of immune microenvironment in GBM, and it is crucial to have reliable imaging biomarkers to quantify and monitor TAMs during the course of treatment," Dr. Nabavizadeh said. "The advantage of Tc99m tilmanocept is that it is already being used in patients for another research indication which means that we can move forward to human GBM patients under an Investigational New Drug Application (IND) if our preclinical studies show promising results."

iBio to Report Fiscal 2022 Second Quarter Financial Results and Provide Corporate Update on Monday, February 14, 2022

On February 7, 2022 iBio, Inc. (NYSEA:IBIO) ("iBio" or the "Company"), a developer of next-generation biopharmaceuticals and pioneer of the sustainable, plant-based FastPharming Manufacturing System, reported that it will report its fiscal 2022 second quarter financial results after market close on Monday, February 14, 2022 (Press release, iBioPharma, FEB 7, 2022, View Source [SID1234607812]). iBio management will host a webcast and conference call at 4:30 p.m. Eastern Time to discuss the results and provide a corporate update.

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The live and archived webcast may be accessed on the Company’s website at www.ibioinc.com under "News and Events" in the Investors section. The live call can be accessed by dialing (833) 672-0651 (domestic) or (929) 517-0227 (international) and referencing conference ID: 3527478.