On February 14, 2020 The Board of Oasmia Pharmaceutical reported that has appointed Francois Martelet as the new CEO (Press release, Oasmia, FEB 14, 2020, View Source [SID1234556575]). Dr Martelet has extensive international experience of leading pharmaceutical companies. He replaces Sven Rohmann, who has been acting CEO during a crucial transition period. Mr Rohmann remains in his position as Board member and will continue to play an active role in the company’s commercialization strategy going forward.

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Francois Martelet is an experienced Pharma executive with a proven track record of shaping companies and turning around underperforming units. He has held three CEO positions in the last 12 years. He has spent most of his career in the oncology field, as CEO of Avax and Topotarget, as well as in executive roles at senior level at Roche, Eli Lilly, Novartis and MSD. He has been based in six countries in Europe (including Sweden) and in the US. Francois Martelet is a French Medical Doctor, with a Masters Degree in Business. He speaks four languages, among them Swedish. Dr Martelet will take up his position on March 15, 2020.

On February 14 2020 VerImmune, Inc., a privately-owned immuno-oncology biotechnology company developing a first-in-class broad spectrum cancer therapy for solid tumors based on "Anti-tumor Immune Redirection", reported the appointment of Ms Debra Bowes, MBEE., as interim Chief Business Officer (Press release, VerImmune, FEB 14, 2020, View Source [SID1234554958]). Ms. Bowes brings to the team more than 25 years’ experience in corporate and product strategy, licensing/business development and funding and in the creation of partnerships to advance the development and commercialization of biopharmaceutical products, with a main emphasis in oncology.

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Before joining VerImmune, Ms. Bowes was the Chief Business Officer for MaxCyte CARMA. She built the drug development team, led the company to file their first cell therapy IND and initiated their first clinical trial. In addition, she negotiated and closed 3 cell therapy platform licenses with notable cell therapy companies. Prior to Maxcyte CARMA, Ms. Bowes was interim President and Chief Executive Officer of CapGenesis Pharma, in Bethesda, MD, Ms Bowes has also held positions of increasing leadership at CBLI Pharmaceuticals, MedImmune, Pfizer and Centocor. Debra is also former National President, current National Board Member and member of Nat’l Director Emeritus for Women in BIO. She has been an industry speaker since 2005 and currently serves on Industry Corporate Boards. Debra holds a Bachelor of Science degree in cell biology from the University of Cincinnati, a Medical Technologist (M.T.) certification from the American Society of Clinical Pathologists and an MBEE from John’s Hopkins University.

"I am excited to have a leader of Debra’s caliber to have chosen to join VerImmune at this exciting time" said Scientific Founder and acting CEO Joshua Wang. "we have demonstrated successful in vivo pre-clinical studies and we must now focus on our advanced development to IND, a prelude to clinical studies as well as commercialization strategy. Deb will be an invaluable member, on relationships with partners and investors to further develop our immuno-oncology AIR product pipeline"

In her new role at VerImmune, Ms. Bowes will lead the strategic planning and execution of all business development activities related to VerImmune’s AIR program. VerImmune’s proprietary AIR platform technology, leverages the patient’s own preexisting immune memory from past infections or childhood vaccines and repurposes it to target their own solid tumors.

About VerImmune
Located in Baltimore Maryland within the Johns Hopkin’s 1812 Fastforward incubator, VerImmune is an Immuno-Oncology company developing a first-in-class cancer therapy known as Anti-tumor Immune Redirection. This strategy utilizes a proprietary tumor-specific, tumor type agnostic, virus-inspired platform termed Anti-tumor Immune Redirectors (AIRTM) that redirects pre-existing pathogenic or childhood vaccine immune memory towards tumors. This unique mechanism of action allows differentiation within the competitive Immuno-Oncology market. Importantly, it potentially changes the treatment paradigm for many patients who have un-treatable cancers due to limited options or resistance. The company initially raised a seed round and demonstrated proof-of-concept in preclinical studies for its first product candidate, VERI-101; it will be seeking additional funding in 2020 to move VERI-101 to an IND.

On February 14, 2020 CollPlant (NASDAQ: CLGN) (the "Company"), a regenerative and aesthetic medicine company, reported it has entered into definitive agreements for up to $4.45 million (Press release, CollPlant, FEB 14, 2020, View Source [SID1234554370]). The capital raise is by way of a non-brokered private placement with U.S. accredited investors who have many years of deep experience in medical and 3D printing.

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In connection with the offering, the Company will issue 445,000 American Depositary Shares (ADSs) of the Company at a price of $10.00 per ADS. The transaction does not include any warrants. The closing of the offering is expected to take place within seven business days, subject to the satisfaction of customary closing conditions.

"We are proud to welcome U.S. investors who have substantial knowledge of the primary activity areas of CollPlant and are in alignment with our corporate strategy," stated Yehiel Tal, the Chief Executive Officer of CollPlant. "We intend to use these funds to continue to develop groundbreaking treatment options for patients through our recombinant human collagen (rhCollagen) technology platform. We look forward to sharing additional company updates on our clinical development programs and strategic partnerships in future announcements."

The securities described above are being offered and sold in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended and Regulation D promulgated thereunder, and may not be offered or sold in the United States absent registration with the SEC or an applicable exemption from such registration requirements.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein. There shall not be any offer, solicitation of an offer to buy, or sale of securities in any state or jurisdiction in which such an offering, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

On February 14, 2020 CTI BioPharma Corp. (Nasdaq: CTIC) reported that rights offering to raise gross proceeds of approximately $60.0 million (the "Rights Offering") (Press release, CTI BioPharma, FEB 14, 2020, View Source [SID1234554369]). Under the terms of the Rights Offering, the holders, as of 5:00 p.m., New York time, on February 13, 2020, of CTI BioPharma’s common stock (the "Common Stock") and series O convertible preferred stock (the "Series O Preferred"), are entitled to exercise their subscription rights to purchase their pro rata share (assuming full conversion of the Series O Preferred into shares of Common Stock) of the $60.0 million offering amount, as more fully described in the prospectus supplement (and accompanying prospectus), dated February 14, 2020, relating to the Rights Offering (the "Prospectus"). Each subscription right may be exercised to purchase a share of Common Stock at a subscription price equal to $1.00 per share of Common Stock or, in lieu of Common Stock, an equivalent number of shares of non-voting series X convertible preferred stock (the "Series X Preferred") at a purchase price equal to $10,000 per share of Series X Preferred. The subscription rights may be exercised at any time during the subscription period of February 14, 2020 through 5:00 p.m., New York time, on March 2, 2020.

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The Rights Offering will be fully backstopped by BVF Partners L.P., Stonepine Capital, L.P., OrbiMed Private Investments VI, LP and New Enterprise Associates, Inc. (the "Backstop Investors") each of which have agreed to purchase its respective as-converted pro rata share of the offering amount, plus an additional amount of Common Stock or Series X Preferred that are not subscribed for by other purchasers in the Rights Offering, for a total of up to $60.0 million.

CTI BioPharma reserves the right to modify, extend, postpone or cancel the Rights Offering at any time prior to the closing of the sale of the securities offered in the Rights Offering. CTI BioPharma has engaged Georgeson LLC to act as information agent with respect to the Rights Offering. For questions regarding the Rights Offering, or to obtain copies of the Prospectus and any related materials, please contact Georgeson LLC by telephone at 888-613-9988.

CTI BioPharma has filed a shelf registration statement (including a prospectus supplement) with the Securities and Exchange Commission (the "SEC"). Before you invest, you should read the Prospectus and the other documents CTI BioPharma has filed with the SEC for more complete information about CTI BioPharma and the Rights Offering. This press release is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities in any jurisdiction, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

On February 14, 2020 Mallinckrodt plc (NYSE: MNK), a global biopharmaceutical company, reported that it will report fourth quarter and fiscal 2019 earnings results for the period ending Dec. 27, 2019 on Tuesday, Feb. 25, 2020 (Press release, Mallinckrodt, FEB 14, 2020, View Source [SID1234554368]).

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A conference call for investors will begin at 8:30 a.m. Eastern. The call can be accessed in three ways:

At the Mallinckrodt website: http://www.mallinckrodt.com/investors.
By telephone: For both listen-only participants and those who wish to take part in the question-and-answer portion of the call, the telephone dial-in number in the U.S. is (877) 359-9508. For participants outside the U.S., the dial-in number is (224) 357-2393. Callers will need to provide the Conference ID of 4168459.
Through an audio replay: A replay of the call will be available beginning at 11:30 a.m. Eastern Time on Tuesday, Feb. 25, 2020, and ending at 11:30 a.m. Eastern Time on Tuesday, March 10, 2020. Dial-in numbers for U.S.-based participants are (855) 859-2056 or (800) 585-8367. Participants outside the U.S. should use the replay dial-in number of (404) 537-3406. All callers will be required to provide the Conference ID of 4168459.