29 september 2021: Naventus Life Science Summit

On September 29, 2021 Sprint Bioscience reported that it will participate in the Naventus Life Science Summit, September 29, 2021 at the Grand Hôtel and CEO Erik Kinnman will present the company (Press release, Sprint Bioscience, SEP 29, 2021, View Source [SID1234590451]). The event is organized by Naventus Corporate Finance together with Setterwalls, Deloitte, FNCA, Nordnet and Nasdaq.

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BioAtla Announces Private Placement of 2.7 Million Shares

On September 29, 2021 BioAtla, Inc. (Nasdaq: BCAB), a global clinical-stage biotechnology company focused on the development of Conditionally Active Biologic (CAB) antibody therapeutics, reported that it has entered into stock purchase agreements with a group of institutional investors in connection with a private placement of its common stock (Press release, BioAtla, SEP 29, 2021, View Source [SID1234590495]). The Company will issue 2.7 million shares of common stock for a purchase price of $28 per share. The transaction is expected to result in gross proceeds to the Company of $75.0 million, before deducting placement agent fees and other offering expenses. The Company plans to use the net proceeds from the private placement primarily to advance clinical development, medical affairs and commercial preparation, and for general corporate purposes.

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Investors in the offering included Great Point Partners, Deerfield Management Company, Cormorant Asset Management, Soleus Capital, Sphera Healthcare, Ikarian Capital, LLC, HBM Healthcare Investments, Monashee Investment Management, LLC, funds managed by Hudson Bay Capital Management, and Pappas Capital.

The closing of the private placement is subject to certain conditions and is expected to occur on or about Thursday, September 30, 2021.

J.P. Morgan acted as lead placement agent and Jefferies acted as co-placement agent for the private placement.

The common stock being sold in the private placement have not been registered under the Securities Act of 1933, as amended, or any state or other applicable jurisdiction’s securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. The Company has agreed to file a registration statement with the Securities and Exchange Commission registering the resale of the shares of common stock issued in the private placement.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the common stock, nor shall there be any sale of the common stock in any state in which such offer or sale would be unlawful prior to the registration or qualification under the securities laws of such state. Any offering of the common stock under the resale registration statement will only be by means of a prospectus.

INTERIM RESULTS ANNOUNCEMENT for the six months ended 30 June 2021

On September 29, 2021 ImmuPharma PLC (LSE:IMM), (Euronext Growth Brussels: ALIMM) ("ImmuPharma" or the "Company"), the specialist drug discovery and development company, reported its interim results for the six months ended 30 June 2021 (the "Period") (Press release, ImmuPharma, SEP 29, 2021, View Source [SID1234590452]).

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Key Highlights (including post Period review)

Financials
Financial performance in line with expectations over the Period

Cash balance of £4.2m as at 30 June 2021 (31 December 2020: £5.9m)
Loss for the period of £3.7m (30 June 2020: £3m)
Research and development expenses of £1.3m (30 June 2020: £0.9m)
Administrative expenses of £1.5m (30 June 2020: £1m)
Derivative financial asset of £0.2m as at 30 June 2021 (31 December 2020: £1.2m)
Incanthera financial asset of £1.2m (£1.8m at 31 December 2020) and warrants financial asset of £0.2m (£0.6m at 31 December 2020)
Convertible loan notes of £0.7m (£0.6m at 31 December 2020)
Share based expense of £0.3m (30 June 2020: £1m)
Basic and diluted loss per share of 1.46p (30 June 2020: 1.69p)
‘Autoimmunity’: P140

Lupuzor (P140) – now entering a pharmacokinetic ("PK") study prior to the optimized Phase 3 study in lupus in conjunction with its licensing partner, Avion Pharmaceuticals.
P140 for Chronic Inflammatory Demyelinating Polyneuropathy ("CIDP") a neurological disorder targeting the body’s nerves. Active preparation for a phase 2/3 clinical study has now been initiated.
Potential further clinical applications based on further preclinical investigation include asthma, Sjogrens syndrome, renal inflammation in diabetes and periodontitis.
‘Anti-infection’

ioAMB, a novel peptide-based drug that offers a potential improvement on the limiting side effects of current Amphotericin-B ("AMB") formulations. AMB is one of a last line of agents against serious and life-threatening fungal infections caused by the aspergillus family of fungi.
BioCin, a novel peptide-based drug based on an existing potent antibacterial used in high medical need cases. BioCin has the potential to offer improved safety and/or administration benefits.
Board changes
New Board established:

Tim McCarthy appointed as Chief Executive Officer ("CEO")
Dr Tim Franklin appointed as Chief Operating Officer ("COO").
Non Executive Directors ("NED") appointed – Dr Sanjeev Pandya & Lisa Baderoon.

Arrowhead Pharmaceuticals to Participate in Upcoming October 2021 Conferences

On September 29, 2021 Arrowhead Pharmaceuticals Inc. (NASDAQ: ARWR) reported that it is scheduled to participate in the following upcoming events (Press release, Arrowhead Pharmaceuticals, SEP 29, 2021, View Source [SID1234590470]):

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Chardan’s 5th Annual Genetic Medicines Conference – October 4-5, 2021

October 4, 2021, 4:30 p.m. ET – Vince Anzalone, CFA, Arrowhead’s vice president of investor relations, will participate in a fireside chat presentation

H.C. Wainwright 5th Annual NASH Investor Conference – October 12, 2021

October 12, 2021 – James Hamilton, M.D., MBA, Arrowhead’s senior vice president of discovery and translational medicine will participate in a fireside chat presentation

A copy of the presentation materials and/or live webcast links may be accessed on the Events and Presentations page under the Investors section of the Arrowhead website.

Huma collaborates with Bayer to advance precision treatment for lung cancer

On September 29, 2021 Healthtech company Huma and the life sciences company Bayer reported that it will use machine learning to try to improve diagnosis for certain types of lung cancer, by more precise readings of CT (Computed Tomography) scans (Press release, Bayer, SEP 29, 2021, View Source [SID1234590510]).

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The companies aim to distinguish different forms of non-small-cell lung carcinomas (NSCLCs) from CT scans. This would enable specialists to more rapidly determine which form of cancer a patient has, in order to begin more appropriate, timely treatment.

In the age of precision medicine, patients will undergo a series of tests to characterize their cancer. However, these tests can be invasive and often drive up time to results, hence treatment, and costs. In order to move beyond a "one-size-fits-all" treatment approach and ensure the right patients are being treated at the right time with the right medication, there’s an urgent need for new ways to understand each patient’s cancer. Experts have begun using machine learning to help categorise and segment patient subtypes with some diseases and Huma and Bayer are turning the technology to NSCLCs.

The research project will begin by using machine learning to spot correlations in molecular and imaging assessments such as "ground glass opacity" that can differentiate lung cancer types. The team will then create, train and test models that can accurately diagnose the different types of lung cancers.

Dan Vahdat, CEO and Founder of Huma, said: "We have shown we can use machine learning to predict an individual’s risk of depression, anxiety, cardiac events and the impact of being infected by COVID-19, and we hope this work in cancer will be a new field for us. However, as always, we will publish any significant developments in peer-reviewed journals. We know the importance of evidence-based, rigorous innovation and, by doing it the right way, we can more rapidly make meaningful, impactful changes and help people live longer, fuller lives.

"We want to start by providing more personalised care for people with non-small cell lung cancer. In the future, our vision is to include other cancers and even other therapeutic areas such as rare diseases. We want to broaden our existing smartphone platform to combine imaging, digital phenotyping, and genomics with the real-world, real-time data from patients that we already collect. We want to take therapies from bench to bedside to breakfast table."

Robert LaCaze, Head of Oncology, Pharmaceuticals Division of Bayer, added: "Rather than treating all lung cancer patients with standardized regimens, precision medicine can allow physicians to prescribe medicines tailored to the tumor’s specific oncogenic driver. Our collaboration leverages Huma’s proven expertise in Machine Learning and Bayer’s vast capabilities in Oncology and Medical Imaging to help accelerate the identification of those patients with certain types of non-small cell lung cancer who can most benefit from these tailored treatments."

Leaps by Bayer, the impact investment arm of Bayer, has been a Series B (2019) and Series C (2021) investor into Huma. Huma and Bayer plan to begin work on this project immediately.