Clinical Stage Biotech Company InventisBio Inc. Closes $70 Million USD Series C Financing

On March 11, 2019 InventisBio Inc., a clinical stage biotech company, reported the closing of a $70 million USD Series C financing in January 2019 (Press release, InventisBio, MAR 11, 2019, View Source [SID1234534249]). This round of investment was co-led by Advantech Capital and CMBI, followed by Pudong Innotek. Also participating were existing investors Lilly Asia Venture (LAV) and OrbiMed Asia.

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"The new investment will accelerate the development of our clinical candidates into phase 2 trials and help us develop first-in-class drug candidates into clinical stage," said Dr. Yaolin Wang, InventisBio Chairman and CEO. "Our goal is to develop innovative drugs with our own intellectual property rights, to achieve global drug approvals based on international multi-center clinical trials for diseases with unmet medical needs. We are very pleased to have the support from top notch investment firms like Advantech and CMBI. Further funding from our previous rounds of investors LAV and OrbiMed Asia demonstrates the confidence of our strategic investors in our team and pipeline products for the global market."

Benjamin Qiu, Partner and Co-Head of Healthcare Investment at Advantech, commented, "As an innovative biotech company, InventisBio has fully utilized the management team’s experiences in selecting targets with significant unmet medical needs and in small molecule drug design and development. With their clinical development expertise in both US and China, the team has quickly developed several unique and novel drug candidates into clinical trials. The D-0502, a selective estrogen receptor degrader (SERD) for ER-positive breast cancer, is a front-runner of similar products being developed globally. Healthcare is a key area of Advantech’s investment focus and we are pleased to support InventisBio in developing innovative products in clinical trials with the goal to benefit global patients."

Varian Announces Second Quarter Fiscal Year 2019 Earnings Release Date and Upcoming Investor Event

On March 12, 2019 Varian (NYSE: VAR) reported its second quarter fiscal year 2019 earnings release date and upcoming investor event (Press release, Varian Medical Systems, MAR 11, 2019, View Source [SID1234534244]).

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Second Quarter Fiscal Year 2019 Earnings

The Company will report results for the second quarter of fiscal year 2019 after market close on Wednesday, April 24, 2019. The news release will be followed by a teleconference available to all interested at 1:30 p.m. Pacific Time. To access the teleconference call and replay:

Teleconference: Access from within the U.S. by dialing 1-877-869-3847, and from outside the U.S. by dialing 1-201-689-8261.

Replay: Access from within the U.S. by dialing 1-877-660-6853 and from outside the U.S. by dialing 1-201-612-7415, and enter conference ID 13688640. The teleconference replay will be available until 5:00 p.m. Pacific Time, Friday, April 26, 2019.

Webcast: To access the live webcast and replay, visit the company website at: www.varian.com/investors and click on the link for Second Quarter Earnings Results.

Upcoming Investor Event

Chris Toth, president of Oncology Systems and J. Michael Bruff, senior vice president of investor relations and finance will participate in Jefferies’s Radiation Oncology & Energy-Based Therapeutics Summit in New York City scheduled for 8:00 a.m. Eastern Time on Wednesday, March 27, 2019.

Information about the company’s presentation will be available through a link on the company website at www.varian.com/investors.

Celyad to Host R&D Day and Webcast on Monday, March 18 in New York City

On March 11, 2019 Celyad (Euronext Brussels and Paris, and Nasdaq: CYAD), a clinical-stage biopharmaceutical company focused on the development of CAR-T cell-based therapies, reported that it will host a Research & Development Day on Monday, March 18 in New York City, from 12:00 p.m. to 2:00 p.m. ET (Press release, Celyad, MAR 11, 2019, View Source [SID1234534238]).

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Members of the Celyad leadership team will provide an overview of the recent breakthroughs in the R&D pipeline, updates on key clinical trials and the Company’s cell therapy manufacturing capabilities. In addition, Celyad will unveil its next-generation NKG2D preclinical program CYAD-02 as well as the Company’s proprietary non-gene edited allogeneic platforms including the CYAD-200 series of shRNA-based CAR-T programs.

Webcast Information

The full program will be webcast live and can be accessed here. Please connect to the webcast several minutes prior to the start of the event to ensure the connection. It will also be available, post-event, in the "Events & Webcasts" section of the Company’s website.

RedHill Biopharma to Present at the 31st Annual ROTH Conference

On March 11, 2019 RedHill Biopharma Ltd. (Nasdaq: RDHL) (Tel-Aviv Stock Exchange: RDHL) ("RedHill" or the "Company"), a specialty biopharmaceutical company primarily focused on gastrointestinal (GI) diseases, reported that Mr. Adi Frish, senior vice president of business development and licensing, will present a corporate overview at the 31st Annual ROTH Conference on Tuesday, March 19, 2019, at 1:00 p.m. PDT at the Ritz-Carlton, Laguna Niguel in Dana Point, CA (Press release, RedHill Biopharma, MAR 11, 2019, View Source [SID1234534222]).

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The presentation will be broadcast live and available via replay for 30 days on the Company’s website, View Source Please access the website at least 15 minutes ahead of the conference call to register.

Corporate Presentation March 2019

On March 11, 2019 Xoma reported a corporate presentation (Filing, 8-K, Xoma, MAR 11, 2019, View Source [SID1234534223]).

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