Inhibikase Therapeutics to Present at H.C. Wainwright & Co. Global Life Sciences Virtual Conference

On March 2, 2021 Inhibikase Therapeutics, Inc. (NASDAQ: IKT) (Inhibikase), a clinical-stage pharmaceutical company developing therapeutics to modify the course of Parkinson’s disease and related disorders inside and outside of the brain, reported that Milton Werner, Ph.D., Chief Executive Officer of Inhibikase, will present at the H.C. Wainwright & Co. Global Life Sciences Virtual Conference (Press release, Inhibikase Therapeutics, MAR 2, 2021, https://www.inhibikase.com/news/press-releases/detail/29/inhibikase-therapeutics-to-present-at-h-c-wainwright-co [SID1234575917]).

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The presentation will be available for on-demand viewing under "News & Events" in the Investors section of the Company’s website at www.inhibikcase.com, beginning Tuesday, March 9th, 2021 at 7:00 am ET. The webcast will be available for approximately 90 days following the event.

Five Prime Therapeutics Announces Timing of Its Fourth Quarter 2020 and Full Year Results Conference Call

On March 2, 2021 Five Prime Therapeutics, Inc. (NASDAQ: FPRX), reported its fourth quarter and full year 2020 operational and financial results on Wednesday, March 10, 2021 after the U.S. financial markets close (Press release, Five Prime Therapeutics, MAR 2, 2021, View Source [SID1234575933]). Five Prime will also host a conference call and live audio webcast that same day at 4:30 p.m. (ET) / 1:30 p.m. (PT) to provide a general business update and discuss the company’s financial results.

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The live audio webcast may be accessed through the "Events & Presentations" page in the "Investors" section of the company’s website at www.fiveprime.com. Alternatively, participants may dial (877) 878-2269 (domestic) or (253) 237-1188 (international) and refer to conference ID: 9872966.

The archived conference call will be available on Five Prime’s website beginning approximately two hours after the event and will be archived and available for replay for at least 30 days after the event.

Navidea Biopharmaceuticals Announces $5 Million Private Placement with Existing Investor

On March 2, 2021 Navidea Biopharmaceuticals, Inc. (NYSE American: NAVB) ("Navidea" or the "Company"), a company focused on the development of precision immunodiagnostic agents and immunotherapeutics, reported that it has executed an agreement with the Company’s largest shareholder, John K. Scott, Jr., to purchase $5 million of newly-designated Series E Redeemable Convertible Preferred Stock (Press release, Navidea Biopharmaceuticals, MAR 2, 2021, View Source [SID1234575949]). Over the next 18 months, the Series E Preferred can be converted into approximately 2.17 million shares of Navidea’s common stock.

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"We are pleased to receive continued support from our largest shareholder. Today’s financing provides additional strength to our balance sheet and will allow our company to accelerate potential value-accretive investments, including our therapeutics pipeline," commented Jed Latkin, Chief Executive Officer of Navidea. "We look forward to providing additional updates on the progress of our ongoing studies across our portfolio on our earnings call later this month."

John K. Scott, Jr. commented, "I am pleased to be given the opportunity to continue to support Navidea as it moves some of its key assets into the next phase of development. As a stockholder in Navidea since December 2003, I believe in the Company’s drug candidates and the positive contributions they can make to individuals and the scientific community."

The securities offered and to be sold by Navidea in the private placement to Mr. Scott have not been registered under the Securities Act of 1933 (the "Securities Act"), as amended, or state securities laws and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission (the "SEC") or an applicable exemption from registration requirements. Navidea has agreed to file a registration statement with the SEC covering the resale of the shares of common stock to be issued to Mr. Scott.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of Navidea’s securities. No offer, solicitation or sale will be made in any state or other jurisdiction in which such offering, solicitation or sale would be unlawful.

Akoya and Johns Hopkins’ Collaborative Agreement Supports Pioneering New Approach to Immunotherapy Biomarker Discovery and Validation

On March 1, 2021 Akoya Biosciences, Inc., The Spatial Biology Company, reported a collaboration with the Bloomberg-Kimmel Institute for Cancer Immunotherapy (BKI) and the Bloomberg Center for Physics and Astronomy at the Johns Hopkins University School of Medicine (Press release, Akoya Biosciences, MAR 2, 2021, View Source [SID1234575965]). The agreement brings together Akoya’s Phenoptics multiplex immunofluorescence (mIF) platform for spatial phenotyping and Johns Hopkins’ AstroPath platform, an interdisciplinary team of immunologists, pathologists, oncologists, and astrophysicists focused on immuno-oncology biomarker discovery and validation. As part of the collaboration, researchers will develop, validate, and clinically implement novel spatial phenotypic signatures for immunotherapy and facilitate more effective drug development using Phenoptics technology.

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Immunotherapies utilize the immune system to combat cancer and are revolutionizing the field of oncology. Despite this great progress, most patients do not respond to immunotherapy, creating a pressing need for clinically validated biomarkers that accurately predict which patients are likely to benefit from a particular treatment.

A recent multi-institutional study found that mIF, which preserves the spatial context of cellular expression and whole tissue architecture, more precisely predicts response to immunotherapy compared to gene expression profiling, tumor mutational burden (TMB), and current single-marker immunohistochemistry1. The Phenoptics mIF platform provides an end-to-end solution with the reproducibility, sensitivity, and throughput needed to overcome the biomarker challenge by turning spatial data into actionable intelligence.

The AstroPath program applies an innovative approach to analyze large mIF datasets by using celestial object–mapping algorithms to rapidly identify optimized predictive signatures. The program leverages the principles of immunology, pathology, computer science, and astronomy to lay the foundation for rapid, efficient biomarker discovery. The real power of the AstroPath platform comes from the unique combination of knowledge and skills of the principals involved – Dr. Janis Taube, Director of the Division of Dermatopathology, Dr. Drew Pardoll, Director of the Bloomberg~Kimmel Institute for Cancer Immunotherapy, and Dr. Alex Szalay, Bloomberg Distinguished Professor in the Department of Computer Science, an avid astrophysicist and big data expert.

This collaboration lays out an integrated process for biomarker development from discovery to eventual clinical use. Johns Hopkins will receive support to further develop its AstroPath biomarker platform and Akoya will work with AstroPath and its partners to convert AstroPath discoveries to standardized high-throughput assays for clinical and translational studies. Together, the teams will help immuno-oncology groups within pharmaceutical and biotech companies take full advantage of biological information made available by multiplexed immunofluorescence, to accelerate development of new immunotherapies and commercialize predictive tests that can identify upfront those patients likely to respond to specific immunotherapies.

Cliff Hoyt, Vice President of Translational and Scientific Affairs at Akoya, commented, "We have worked closely with the Johns Hopkins team as they have refined multiplexed immunofluorescence methods and integrated them into their AstroPath platform. This paves the way for us to rapidly explore the deep spatial biology of whole tissue sections. Now, we look forward to making this method available to researchers developing new immunotherapies and to enable better stratification of patients once new biomarkers become validated and standardized."

"Through the AstroPath collaboration, we have a unique opportunity to push the limits of our Phenoptics platform in the realm of spatial tissue exploration, and broadly disseminate the discoveries and inventions from a world-leading interdisciplinary team of experts at Johns Hopkins," said Brian McKelligon, Chief Executive Officer of Akoya. "The results of this collaboration could help reshape the future of immunotherapy biomarker development."

The latest findings from the AstroPath platform can be viewed in this virtual Science/AAAS presentation by Dr. Janis Taube and Dr. Alex Szalay.

Infinity to Present at the H.C. Wainwright Global Life Sciences Conference

On March 2, 2021 Infinity Pharmaceuticals, Inc. (NASDAQ: INFI), a clinical-stage biotechnology company, reported that management will present at the H.C. Wainwright Global Life Sciences Conference, which is being held Tuesday, March 9th – Wednesday, March 10th, 2021 (Press release, Infinity Pharmaceuticals, MAR 2, 2021, View Source [SID1234575918]).

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The presentation will be available for on-demand listening at 7:00 am ET on Tuesday, March 9th, 2021 or via the following link: View Source

The webcast of the presentation can be accessed in the Investors/Media section of Infinity’s website at www.infi.com and will be available on Infinity’s website for 30 days following the event.