Vaccibody to present at Jefferies Virtual Healthcare Conference (June 1-4, 2021)

On May 31, 2021 Vaccibody AS, a clinical-stage biopharmaceutical company dedicated to the discovery and development of vaccines and novel immunotherapies, reported that its CEO, Michael Engsig, and Chief Innovation & Strategy Officer, Agnete Fredriksen, Ph.D., will give a presentation of Vaccibody at the Jefferies Virtual Healthcare Conference at 4.30 pm CET / 10.30 am EDT on June 2, 2021 (Press release, Vaccibody, MAY 31, 2021, View Source/wp-content/uploads/2021/06/210531_PR_Jefferies-Virtual-Healthcare-Conference-June-1-4-2021-FINAL.pdf" target="_blank" title="View Source/wp-content/uploads/2021/06/210531_PR_Jefferies-Virtual-Healthcare-Conference-June-1-4-2021-FINAL.pdf" rel="nofollow">View Source [SID1234583303]).

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The presentation will be available on Vaccibody’s website at View Source

Novo Nordisk A/S – Share repurchase programme

On May 31, 2021 Novo Nordisk reported that initiated a share repurchase programme in accordance with Article 5 of Regulation No 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the "Safe Harbour Rules") (Press release, Novo Nordisk, MAY 31, 2021, View Source [SID1234583305]). This programme is part of the overall share repurchase programme of up to DKK 18 billion to be executed during a 12-month period beginning 3 February 2021.

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Under the programme initiated 7 May 2021, Novo Nordisk will repurchase B shares for an amount up to DKK 3.3 billion in the period from 10 May 2021 to 3 August 2021.

Since the announcement as of 25 May 2021, the following transactions have been made:

The details for each transaction made under the share repurchase programme are published on novonordisk.com.

With the transactions stated above, Novo Nordisk owns a total of 12,620,192 B shares of DKK 0.20 as treasury shares, corresponding to 0.5% of the share capital. The total amount of A and B shares in the company is 2,310,000,000 including treasury shares.

Novo Nordisk expects to repurchase B shares for an amount up to DKK 18 billion during a 12- month period beginning 3 February 2021. As of 28 May 2021, Novo Nordisk has since 3 February 2021 repurchased a total of 13,781,694 B shares at an average share price of DKK 455.01 per B share equal to a transaction value of DKK 6,270,798,856.

PCI Biotech: US patent for the vaccine technology (fimaVACC) in combination with checkpoint inhibitors

On May 31, 2021 PCI Biotech (OSE: PCIB), a cancer focused biopharmaceutical company, reported that the U.S. Patent and Trademark Office (USPTO) has informed the company that a new US patent will be granted early June 2021 (Press release, PCI Biotech, MAY 31, 2021, View Source [SID1234585159]). The US patent covers the use of fimaVacc in combination with immune checkpoint inhibitors (ICIs).

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The use of ICIs has revolutionised cancer immunotherapy, as this class of drugs may induce long-lasting effects in those patients responding to treatment. Unfortunately, most patients do not respond to ICI therapy and different treatment combination strategies are explored with the aim to increase the number of patients responding. Combining ICIs with therapeutic cancer vaccines that induce relevant immune responses against the tumour cells is regarded as one of the most promising strategies. The patent that soon will be granted in the US covers the use of PCI Biotech’s fimaVacc vaccination technology in combination with important classes of ICIs and an important type of immunological adjuvants (a class of so-called Toll like receptor agonists).

"Increasing the response rates to ICI’s is one of the pharma industry’s main priorities in cancer and therapeutic cancer vaccination is a rational approach to this aim. The fimaVacc technology has delivered encouraging immune responses in early phase clinical trials and this US patent provides relevant intellectual property for the further development of this technology." said Dr. Per Walday, CEO of PCI Biotech.

As part of PCI Biotech’s strategy for applying the PCI technology for therapeutic cancer vaccines, several global patent applications were filed in 2013-2016. Today’s announced US patent secure protection until 2036 and this patent application is still pending in Europe and key Asian markets.

Chugai Introduces First Cryo-electron Microscopy System in Pharmaceutical Industry in Japan

On May 31, 2021 Chugai Pharmaceutical Co., Ltd. (TOKYO: 4519) reported its introduction of the first cryo-electron microscopy (Cryo-EM) system in the Japanese pharmaceutical industry to further accelerate drug discovery research (Press release, Chugai, MAY 31, 2021, View Source [SID1234583291]).

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The cryo-EM, for which the Nobel Prize in Chemistry 2017 was awarded, has been drawing attentions as an innovative technology. The system was introduced for the structural analysis of drug candidate molecules bound to target proteins, which is an essential process in drug discovery research.

Chugai places great emphasis on Structure-Based Drug Design in its drug discovery research, and aims to create quality drug candidate compounds by pursuing precise structure design. X-ray crystallographic analysis, which we have primarily used to obtain molecular structure, requires crystallization of the intracellular protein which a drug candidate targets. The mid-size molecule drug which Chugai focuses on mainly targets such proteins that are difficult to crystallize, which has posed a challenge in the refinement of compound design.

As the cryo-EM does not require the crystallization process, it enables structure analysis of a wider range of molecules including intracellular proteins that are difficult to crystallize, as well as significantly improving research efficiency. We hope that it will enhance our Structure Based Drug Design capability and increase the success rate of compound development. This system we introduced is provided by Thermo Fisher Scientific, and installed at Kamakura research laboratories for the structural analysis of a variety of drug candidate compounds including mid-size molecule drugs.

"The introduction of cryo-EM is expected to greatly transform Chugai’s drug discovery process. It will further enhance the quality and speed of Structure Based Drug Design, and accelerate the discovery of mid-size molecule drugs which we aim to establish as the third modality," said Dr. Osamu Okuda, Chugai’s President and CEO. "Chugai’s drug discovery is supported by its unique scientific and technological capabilities. We will continue to rigorously adopt advanced technologies to realize innovations that contribute to resolve unmet medical needs."

About cryo electron microscopy (Cryo-EM)

Cryo-electron microscopy (Cryo-EM) is a powerful biophysical technique that allows researchers to visualize molecular assemblies at near-atomic resolution. With the rapid technological advancements, structural elucidation of biological molecules such as protein has been rapidly increased, in particular for intractable biological molecules by existing methods such as X-ray crystallography and NMR technique.

Cryo-EM has been recently applied in the pharmaceutical industry around the world due to its ability to accurately and rapidly visualize the intricate interactions between drug and receptor, enabling informed, accelerated drug discovery and structure based drug design.

Kuraray Publishes the Kuraray Report 2021

On May 31, 2021 Kuraray Co., Ltd. (Head Office: Chiyoda-ku, Tokyo; President: Hitoshi Kawahara; hereinafter "Kuraray") reported that it has published the Kuraray Report 2021, an integrated report (A4 size, 52 pages, full color) (Press release, Kuraray, MAY 31, 2021, View Source [SID1234583292]).
The aim of the Kuraray Report is to help shareholders, investors, and all other stakeholders better understand the value that the Kuraray Group creates over the medium to long term by providing a comprehensive overview of financial and non-financial information, including environmental, social and governance data.

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