Exacis Biotherapeutics Announces Key Addition To Its Executive Leadership Team With Dirk Huebner MD Joining As Chief Medical Officer – PRNewswire

CAMBRIDGE, Mass., Jan. 29, 2021 /PRNewswire/ --Exacis Biotherapeutics, Inc., a development-stageimmuno-oncology company working to harness the immune system to cure cancer,today announcedthe addition of Dirk Huebner,MD,as its Chief Medical Officer. Exacis launched in 2020 to develop next generation mRNA-based cellular therapeutics to treat liquid and solid tumors.

Exacis CEO Gregory Fiore MD said, "Dirk is a wonderful addition and a great fit for our management team. His extensive experience in oncology drug development, including antibody related therapies will be instrumental as we build our pipeline to include high performance stealth edited NK and T cells, with and without CARs (ExaNK, ExaCAR-NK and ExaCAR-T). We look forward to Dirk's insights and medical leadership as we build the company and advance our portfolio."

Dr. Huebner joins Exacis from Mersana Therapeutics where he wasthe Chief Medical Officer,oversaw their clinical developmentand helped build thecompany'sclinical infrastructure. Dr Huebnerhas worked in oncology and immuno-oncology drug development and academiafor more than 25 yearsand brings a deep understanding of the needs in the oncology space as well as the ability to successfully deliverproducts to meet those needs.

Commenting on the new role, Dr. Huebner said, "I am thrilled to join the Exacis team and work with best-in-class technology to create innovative, next-generation engineered NK and T cell therapies that have the potential to improve outcomes and treatment experiences for patients with challenging hematologic and solid tumor malignancies."

About Exacis Biotherapeutics

Exacis is a development stageimmuno-oncologycompany focused on harnessing the human immune system to cure cancer. Exacis uses its proprietary mRNA-based technologies to engineer next generation off-the-shelf NK and T cell therapies aimed at liquid and solid tumors.Exacis was founded in 2020 with an exclusive license to a broad suite of patents covering the use ofmRNA-based cell reprogramming and gene editing technologiesfor oncology.

ExaNK, ExaCAR-NK and ExaCAR-T utilize mRNA cell reprogramming and mRNA gene editing technologies developed and owned by Factor Bioscience. Exacis has an exclusive license to the Factor Bioscience technology for engineered NK and T cell products derived from iPSCs for use in oncology and holds all global development and commercial rights for these investigational candidates.

About T and Natural Killer (NK) Cell Therapies

T and NK cells are types of human immune cells that are ableto recognize and destroy cancer cells and can be modified through genetic engineering to target specific tumors.

SOURCE Exacis Biotherapeutics, Inc.

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Exacis Biotherapeutics Announces Key Addition To Its Executive Leadership Team With Dirk Huebner MD Joining As Chief Medical Officer - PRNewswire

Induced Pluripotent Stem Cells Market 2020 Global Share, Growth, Size, Opportunities, Trends, Regional Overview, Leading Company Analysis And Forecast…

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Fujifilm Holding Corporation Astellas Pharma Fate Therapeutics Bristol-Myers Squibb Company ViaCyte Celgene Corporation Aastrom Biosciences Acelity Holdings StemCells Japan Tissue Engineering Organogenesis

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By Applications:

Academic Research Drug Development And Discovery Toxicity Screening Regenerative Medicine

By Types:

Hepatocytes Fibroblasts Keratinocytes Amniotic Cells Others

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North America: U.S. and Canada

Asia Pacific: India, China, Japan, and Rest of Asia Pacific

Europe: Germany, France, Italy, the UK, and Rest of Europe

Latin America: Brazil, Cuba, Argentina, and Rest of Latin America

Middle East & Africa: South Africa, Saudi Arabia, and Rest of Middle East & Africa

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Money on the Move: January 27 February 2 – BioSpace

The groundhog saw his shadow, meaning six more weeks of winter. But there's no freezing of funds in the biopharma world. Here's a recap of where life sciencescash has been flowing the past week.

Sana Biotechnology

Initially filing for a$150 million IPO, Seattle-based Sanaamendedto amassivegoal of$323 million,offering 15 million shares at $20 to $23 per share.Although the company is still at a preclinical stage,this IPOwould value the company at a price of nearly $4.5 billion.Prime focuses of startup company Sana Biotechnology include the development ofin vivoandex vivocell engineering platformslicensedfrom Harvard University to discover novel treatments across several therapeutic areas that currently have unmet treatment needs. Therapeutic areas of particular interest to the company include oncology, diabetes, central nervous system (CNS) disorders, cardiovascular diseases and genetic disorders. IND applications are anticipated in 2022 and 2023. Last summer Sana raised$700 million ininitial financing.

Design Therapeutics

Launched last Marchwith $45 million to create a new class of disease-modifying therapies,Design Therapeutics secured another$125 million this week in a Series B.In the short time since our launch, Design Therapeutics has made significant progress in the advancement of our novelGeneTACplatform focused on addressing the underlying causes of serious degenerative diseases, said Joo Siffert, M.D., president and chief executive officer of Design Therapeutics. This capital raise provides important resources to efficiently advance our pipeline, including our lead programs in Friedreich ataxia and myotonic dystrophy type-1. Proceeds will be used to advance theGeneTACplatform to develop a pipeline ofGeneTACmolecules with an initial focus on nucleotide repeat expansion disorders, including Friedreich ataxia. Design hopes to be in the clinic by the first half of 2022.

Nuvalent

Launching with a$50 million Series A,Nuvalentistackling the most common type of lung cancer NSCLC. The funds raised will fuelNuvalentsR&D efforts towardbuildinga portfolioof innovative small molecule kinase inhibitors for programs in NSCLC. Therapeuticagents include a potential best-in-class ROS1-selective inhibitor, NUV-520, and an ALK-selective inhibitor, NUV-655.The companys first lead program involving NUV-520 will examine the molecules efficacy in treating advanced NSCLC, particularly cases that have developed resistance to treatment, driven by a ROS1 fusion. The first Phase I/II trial investigating the potential therapy in NSCLC is expected for the second half of this year. Another program targeting NSCLC tumors driven by an ALK fusion is anticipated in 2022.

Ukko

On a mission to eliminate food allergies and sensitivities, a massive needs market, Ukko scooped up$40 million in a Series B round.Using an AI-driven protein engineering platform, the company isdevelopinga promising investigational therapy for peanut allergies.Ukko is also working on an improved gluten for people with Celiac disease and other gluten sensitivities to be able to enjoy.Data on both of these programs suggest these do not trigger allergic responses in the immune systems of patients. The new fundingwilltake Ukko to clinical trial with its peanut allergy therapeutic.Pharma-giantBayer was aleadinvestor in the round.

Cellino

Artificial intelligence is impacting the future of every industry, and the life sciences industry is no different. Using image-guided machine learning AI, Cambridge-based Cellinois guiding automated cell reprogramming, expansion and differentiation. Launchedin 2017, the company just completed a$16 million seed roundtoenable its induced pluripotent stem cell (iPSC) engineering platform, powered by artificial intelligence.Autologous iPSCs cells taken from a patient, engineered for therapeutic benefit and returned to the patient have been in clinical testing since 2014, but none have reached regulatory approval.Cellinos platform will allow it to precisely steer iPSCs to a target tissue state.

Endogena

Discovering and developing regenerative medicines from within,Endogenabrought in$8 millionin a Series A financing round last week.Focused on novel treatments for neurodegenerative diseases, the funds will help its lead program aimed at retinitis pigmentosa to establish clinical proof-of-concept.EndogenasAI-driven platform is a combination of stem cell research and small molecule drug discovery. The company also hopes to advance its age-related macular degeneration program to an IND.

AffyXell

Established last January to develop novel mesenchymal stem cell therapies,AffyXellclosed aSeries A for $7.3 millionto develop its pipeline of next-gen cell and gene therapies.The biotech combines Avacta TherapeuticssAffimerplatform withDaewoongPharmaceuticals MSC platform to genetically modify stem cells tosecreteAffimerproteins that enhance the therapeutic effectsof the MSC. Funds from the series will be used for further development oftherapies that will suppress immune response and restore balance for inflammatory and autoimmune diseases.

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Money on the Move: January 27 February 2 - BioSpace

Assertio Announces $5.0 Million Insurance Settlement and General Corporate Updates

LAKE FOREST, Ill., Feb. 03, 2021 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT) today announced that its subsidiary Assertio Therapeutics, Inc. (“Assertio Therapeutics”) entered into a Confidential Settlement Agreement and Mutual Release (the “Settlement Agreement”) with its primary product liability insurer, Navigators Specialty Insurance Company and Navigators Insurance Company (“Navigators”).

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Assertio Announces $5.0 Million Insurance Settlement and General Corporate Updates

Rhythm Pharmaceuticals, Inc. Announces Proposed Public Offering

BOSTON, Feb. 03, 2021 (GLOBE NEWSWIRE) -- Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM), a biopharmaceutical company aimed at developing and commercializing therapies for the treatment of rare genetic diseases of obesity, today announced a proposed public offering of $150 million of shares of its common stock. All shares in the offering will be offered by Rhythm. In addition, Rhythm intends to grant the underwriters a 30-day option to purchase up to an additional $22.5 million of shares of common stock at the public offering price, less the underwriting discount and commission.

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Rhythm Pharmaceuticals, Inc. Announces Proposed Public Offering

ORIC Pharmaceuticals to Participate in Upcoming Investor Conferences

SOUTH SAN FRANCISCO, Calif. and SAN DIEGO, Feb. 03, 2021 (GLOBE NEWSWIRE) -- ORIC Pharmaceuticals, Inc. (Nasdaq: ORIC), a clinical stage oncology company focused on developing treatments that address mechanisms of therapeutic resistance, today announced that management will participate in the following investor conferences in February:

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ORIC Pharmaceuticals to Participate in Upcoming Investor Conferences

Translate Bio Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)

LEXINGTON, Mass., Feb. 03, 2021 (GLOBE NEWSWIRE) -- Translate Bio (Nasdaq: TBIO), a clinical-stage messenger RNA (mRNA) therapeutics company developing a new class of potentially transformative medicines to treat or prevent debilitating or life-threatening diseases, today reported that on February 1, 2021, the Company granted non-qualified stock options to purchase an aggregate of 57,550 shares of the Company’s common stock to four newly hired employees. These grants were made pursuant to the Company’s 2021 Inducement Stock Incentive Plan, were approved by the Company’s Inducement Grant Subcommittee of the board of directors, and were made as a material inducement to each employee’s acceptance of employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4) as a component of his or her employment compensation.

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Translate Bio Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)

Rubius Therapeutics to Participate in Guggenheim Healthcare Talks | 2021 Oncology Days

CAMBRIDGE, Mass., Feb. 03, 2021 (GLOBE NEWSWIRE) -- Rubius Therapeutics, Inc. (Nasdaq: RUBY), a clinical-stage biopharmaceutical company that is genetically engineering red blood cells to create an entirely new class of cellular medicines called Red Cell Therapeutics™, today announced that Pablo J. Cagnoni, M.D., president and chief executive officer, and the executive management team will participate in a fireside chat at the Guggenheim Healthcare Talks | 2021 Oncology Days on February 11, 2021, at 2:30 p.m. EST.

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Rubius Therapeutics to Participate in Guggenheim Healthcare Talks | 2021 Oncology Days

Psyence Group Presenting at Canaccord Genuity Conference "New Paradigms & Treatment Approaches in Mental Health"

TORONTO, Feb. 03, 2021 (GLOBE NEWSWIRE) -- Psyence Group Inc. (CSE: PSYG) (“Psyence” or the “Company”) is pleased to announce that its Co-founder and CEO, Jody Aufrichtig will be presenting at the Canaccord Genuity conference "New Paradigms & Treatment Approaches in Mental Health", being held tomorrow, February 4, 2021 at 9am EST.

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Psyence Group Presenting at Canaccord Genuity Conference "New Paradigms & Treatment Approaches in Mental Health"