Office Properties Income Trust to Present at Nareit’s REITweek: 2021 Virtual Investor Conference on Thursday, June 10th

Office Properties Income Trust to Present at Nareit’s REITweek: 2021 Virtual Investor Conference on Thursday, June 10th

NEWTON, Mass.–(BUSINESS WIRE)–Office Properties Income Trust (Nasdaq: OPI) today announced that President and Chief Operating Officer Chris Bilotto and Chief Financial Officer and Treasurer Matt Brown will be presenting at Nareit’s REITweek: 2021 Virtual Investor Conference on Thursday, June 10, 2021 at 11:15 a.m. Eastern Time.

To access the Company’s live presentation, please complete the complimentary registration for the conference at the following link: Nareit’s REITweek Registration. An on-demand recording will be available in the REITweek virtual environment for the remainder of the conference. For assistance with registering, please contact [email protected].

Office Properties Income Trust is a REIT focused on owning, operating and leasing properties primarily leased to single tenants and those with high credit quality characteristics such as government entities. OPI is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, Massachusetts.

Warning Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward-looking statements are based upon OPI’s present beliefs and expectations, but these statements and the implications of these statements are not guaranteed to occur and may not occur for various reasons, some of which are beyond OPI’s control. For example, the Company’s presentation may be rescheduled to a different date or time or cancelled due to scheduling conflicts or other reasons. Investors are cautioned not to place undue reliance upon any forward-looking statements. Except as required by law, OPI does not intend to update or change any forward-looking statements as a result of new information, future events or otherwise.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.

No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

Olivia Snyder, Manager, Investor Relations

(617) 219-1410

KEYWORDS: United States North America Massachusetts

INDUSTRY KEYWORDS: REIT Finance Professional Services Commercial Building & Real Estate Construction & Property

MEDIA:

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Portnoy Law: Lawsuit Filed On Behalf of Danimer Scientific, Inc. Investors

Click


here


to join the case

LOS ANGELES, May 25, 2021 (GLOBE NEWSWIRE) — The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Danimer Scientific, Inc. (“Danimer” or “the Company”) (NYSE: DNMR) investors that acquired securities between October 5, 2020 and May 3, 2021.  

Investors are encouraged to contact attorney Lesley F. Portnoy, to determine eligibility to participate in this action, by phone 310-692-8883 or email, or click here to join the case.

It is alleged in this complaint that throughout the Class Period, Danimer made materially misleading and false statements and/or failed to disclose that: (1) Danimer’s internal controls were deficient; (2) as a result, Danimer had misrepresented the size and regulatory compliance of the operation; (3) Danimer had overstated Nodax’s biodegradability, particularly in landfills and oceans; and (4) as a result, Danimer’s public statements were materially misleading and false at all relevant times.

Please visit our website to review more information and submit your transaction information.

The Portnoy Law Firm represents investors in pursuing arising from corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
[email protected]
310-692-8883
www.portnoylaw.com

Attorney Advertising

 



New Phison E18 Flash Controller for 176-Layer NAND Now Commercially Available

New Phison E18 Flash Controller for 176-Layer NAND Now Commercially Available

Reference design and new firmware more than doubles the OEM drive’s specifications in all performance and endurance categories

SAN JOSE, Calif.–(BUSINESS WIRE)–Phison Electronics Corp. (TPEX: 8299), a global leader in NAND flash controller integrated circuits and storage solutions, today announces shipping of its PS5018-E18 PCIe Gen4 controllers to manufacturer partners with new 176-layer replacement gate NAND.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210525005096/en/

Phison E18 controller with 176-layer NAND is now commercially available (Photo credit: Phison)

Phison E18 controller with 176-layer NAND is now commercially available (Photo credit: Phison)

The new E18 paired with 176-layer fills the crucial role in the Phison product stack as the highest performing E18 to date. The potent combination delivers up to 7,400 MB/s sequential reads and 7,000 MB/s sequential writes.

The largest gains arrive in random read latency where the new premium tier shows a 35% performance increase over previous models at low queue depth improving user experience in system responsiveness. The new E18 delivers the best game load times of any consumer SSD in its class.

“We worked closely with our technology partners to deliver a premium product to dominate the game of game load times. E18 combined with industry leading 176-layer media maximizes the PCIe Gen4 bus delivering overpowering performance that you feel in the user experience,” said Michael Wu, President and GM of Phison Electronics US.

The 176-layer replacement gate architecture NAND combines charge traps with a CMOS-under-array (CuA) design. The flash has an approximate 30% smaller die size compared to previous generation 96-layer NAND and has a 35% increase in read and write performance.

Today, reviewers from renowned third-party test sites will unleash the full performance of the PS5018-E18 paired with leading NAND manufacturer’s 176-layer memory that utilizes a 1600MT/s bus to set new performance world records.

Phison designed the E18 on the efficient TSMC 12nm process node with proprietary CoXProcessor 2.0 technology. This provides SSD manufacturers with a state-of-the-art controller solution to build highly optimized products. E18 delivers on the promise of a 1600MT/s media bus to deliver the best user experience for both high-performance desktops and newly introduced PCIe Gen4 notebooks.

Demanding users looking for the highest performance regardless of platform will find it with the new Phison E18 paired with 176-layer memory.

Phison will display its new E18-based products at the Computex virtual trade show with an expected 42,000 attendees June 1 through June 5th, 2021.

About Phison

Phison Electronics Corp. (TPEX:8299) is a global leader in NAND Flash controller integrated circuits and storage solutions for the consumer, industrial and enterprise markets. Phison provides various services from controller ASIC and firmware design, system integration, IP licensing, and total turnkey solutions, covering applications across SSD (PCIe/SATA/PATA), eMMC, UFS, SD, and USB interfaces. Phison is an active member of industry associations, including the Board of Directors for SDA, ONFI, UFSA, and a contributor for JEDEC, PCI-SIG, MIPI, NVMe, and IEEE-SA. Visit our blog: www.phisonblog.com

Media Relations Contact:

Judy Smith

JPR Communications

[email protected]

Phison product inquiries:

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Other Manufacturing Technology Semiconductor Engineering Photography Manufacturing Networks Hardware Consumer Electronics

MEDIA:

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Phison E18 controller with 176-layer NAND is now commercially available (Photo credit: Phison)
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Asylia Therapeutics, Inc. Announces Closing of $14.5 Million Series A Financing

Proceeds will support development of novel antibody drugs that convert immunologically “cold” tumors into treatable “hot” tumors, with the goal of enhancing effectiveness of cancer immunotherapy

HOUSTON, May 25, 2021 (GLOBE NEWSWIRE) — Asylia Therapeutics, Inc. (“Asylia”), a development-stage biotechnology company advancing novel immune modulating therapies for cancer and autoimmune diseases, today announced the closing of a $14.5 million Series A financing led by Sporos Bioventures, LLC. The funds will be deployed to bring Asylia’s multiple assets to first-in-human clinical trials for oncology and at the same time potentially generate proof-of-concept signals in auto-immune diseases such as lupus.

While cancer research has come a significant way with the approval of the first wave of immunotherapies, many patients do not respond to checkpoint inhibitors and are in need of different options,” commented Robert Orlowski, M.D., Ph.D., co-founder of Asylia. “Our platform is now being converted into an antibody therapeutic with remarkable anti-tumor activity across a wide spectrum of established cancer models. We look forward to working to advance this discovery into a new hope for patients and families affected by certain cancers.”

Asylia’s platform centers on a fundamental mechanism of immunity and immune evasion – the presentation of antigens to the immune system to trigger a cytotoxic T-cell tumor response. Its lead antibody, ASY-77A, enhances antigen presentation by targeting the extracellular form of heat shock protein (HSP70), a molecule central to antigen delivery to the immune system. ASY-77A is antigen-agnostic and has potential in a variety of tumor types.

HSP70’s role is especially crucial in shuttling tumor-derived antigens to dendritic cells (DCs), which capture, process, and present tumor antigens to other immune cells to initiate the development of immune responses against all cancers (or self-antigens or viral antigens). HSP70 also regulates the activity of other immune cells including macrophages and cytotoxic T-cells. In the tumor microenvironment, the function of DCs, macrophages and T-cells are suppressed through multiple mechanisms, thereby aiding and abetting cancer cell survival and precluding the development of anti-tumor immune responses even with immune checkpoint inhibitors. The anti-tumor activity of ASY-77A stems from its activation of multiple arms of the immune system, including the activation of antigen presenting cells and killer T-cells.

Michael Wyzga, Chief Financial Officer of Sporos, added, “Sporos is thrilled to enable the development of this breakthrough therapeutic modality. Our team has been incredibly impressed by Asylia’s progress thus far and looks forward to supporting the development of the company’s platform, which we believe has significant potential for the treatment of diverse cancers and autoimmune diseases. With a world class team of co-founders, seasoned biotech executives, and renowned SAB members, Asylia is ideally positioned as it moves into this first stage of clinical development.”

In conjunction with the Series A financing, Karthik Radhakrishnan, a Houston-based biotech executive and the former CFO of publicly traded Opexa Therapeutics, has been appointed founding Chief Executive Officer.

ABOUT ASYLIA

Asylia Therapeutics is a private, development-stage biotechnology company advancing novel immune modulating therapies for cancer and autoimmune diseases, which collectively impact tens of millions of Americans annually.  Founded in 2019 by three physician-scientists at The University of Texas MD Anderson Cancer Center (Robert Orlowski, MD, Ph.D., professor and past chair of the Department of Lymphoma and Myeloma, Ronald A. DePinho, MD, professor and past president, and Richard J. Jones, Ph.D., assistant professor in the Department of Lymphoma and Myeloma), Asylia is based in Houston, Texas. The company’s platform centers on a drug pipeline capable of modulating antigen presentation to the immune system which has, to date, produced anti-tumor responses across multiple cancer models. Asylia is supported by a $3 million grant from the Cancer Prevention & Research Institute of Texas. To learn more, visit www.asyliatx.com

ABOUT SPOROS BIOVENTURES

Sporos is transforming knowledge into new hope for patients. With deep roots in Texas, connections within Texas Medical Center (TMC), and reach across the industry, the company identifies novel disease mechanisms and strategically deploys talent, capital and access to operational resources to catalyze the development of breakthrough medicines. Sporos’ current pipeline is diversified across three business units and includes multiple clinical-stage candidates that are being investigated for the treatment of multiple indications in cancer and immune disease.

COMPANY CONTACT:

Karthik Radhakrishnan
[email protected]

MEDIA CONTACT:

Grace Fotiades
LifeSci Communications
+1. 646.876.5026
[email protected]



Diversified Healthcare Trust to Present at Nareit’s REITweek: 2021 Virtual Investor Conference on Tuesday, June 8th

Diversified Healthcare Trust to Present at Nareit’s REITweek: 2021 Virtual Investor Conference on Tuesday, June 8th

NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced that President and Chief Operating Officer Jennifer Francis, and Chief Financial Officer and Treasurer Richard Siedel will be presenting at Nareit’s REITweek: 2021 Virtual Investor Conference on Tuesday, June 8, 2021 at 3:45 p.m. Eastern Time.

To access the Company’s live presentation, please complete the complimentary registration for the conference at the following link: Nareit’s REITweek Registration. An on-demand recording will be available in the REITweek virtual environment for the remainder of the conference. For assistance with registering, please contact [email protected].

About Diversified Healthcare Trust

Diversified Healthcare Trust (Nasdaq: DHC) is a real estate investment trust (REIT) focused on owning high-quality healthcare properties located throughout the United States. DHC seeks diversification across the health services spectrum: by care delivery and practice type, by scientific research disciplines, and by property type and location. As of March 31, 2021, DHC’s $8.2 billion portfolio included 396 properties in 36 states and Washington, D.C., occupied by more than 600 tenants, and totaling approximately 11.2 million square feet of life science and medical office properties and more than 29,000 senior living units. DHC is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, MA. To learn more about DHC, visit www.dhcreit.com.

Warning Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward-looking statements are based upon DHC’s present beliefs and expectations, but these statements and the implications of these statements are not guaranteed to occur and may not occur for various reasons, some of which are beyond DHC’s control. For example, the Company’s presentation may be rescheduled to a different date or time or cancelled due to scheduling conflicts or other reasons. Investors are cautioned not to place undue reliance upon any forward-looking statements. Except as required by law, DHC does not intend to update or change any forward-looking statements as a result of new information, future events or otherwise.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.

No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

Michael Kodesch, Director, Investor Relations

(617) 796-8234

www.dhcreit.com

KEYWORDS: United States North America Massachusetts

INDUSTRY KEYWORDS: Health Hospitals Residential Building & Real Estate Commercial Building & Real Estate Construction & Property General Health REIT

MEDIA:

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UroGen Pharma Announces June 2021 Conference Schedule

UroGen Pharma Announces June 2021 Conference Schedule

PRINCETON, N.J.–(BUSINESS WIRE)–
UroGen Pharma Ltd. (Nasdaq: URGN), a biopharmaceutical company dedicated to building and commercializing novel solutions that treat specialty cancers and urologic diseases, today announced that it will present at the following virtual conferences in June:

Jefferies Virtual Healthcare Conference

  • Wednesday, June 2
  • 11:30 AM Eastern Time

Goldman Sachs 42nd Annual Global Healthcare Conference

  • Wednesday, June 9
  • 8:50 AM Eastern Time

A live webcast of each event will be available on the Investors section of UroGen’s website, www.urogen.com. A replay of each webcast will be available on the website for approximately 30 days.

About UroGen Pharma Ltd.

UroGen is a biopharmaceutical company dedicated to building novel solutions that treat specialty cancers and urologic diseases because patients deserve better options. UroGen has developed RTGel™ reverse-thermal hydrogel, a proprietary sustained release, hydrogel-based platform technology that has the potential to improve therapeutic profiles of existing drugs. UroGen’s sustained release technology is designed to enable longer exposure of the urinary tract tissue to medications, making local therapy a potentially more effective treatment option. UroGen’s first commercial product, and investigational treatment UGN-102 (mitomycin) for intravesical solution for patients with low-grade non-muscle invasive bladder cancer, are designed to ablate tumors by non-surgical means. UroGen is headquartered in Princeton, NJ with operations in Israel. Visit www.urogen.com to learn more or follow us on Twitter, @UroGenPharma.

INVESTOR CONTACTS:

Sara Blum Sherman

Head of Investor Relations

[email protected]

Lee Roth

[email protected]

212-213-0006

MEDIA CONTACT:

Eric Van Zanten

Head of Communications

[email protected]

610-529-6219

KEYWORDS: United States North America New Jersey

INDUSTRY KEYWORDS: Biotechnology Pharmaceutical Health Oncology

MEDIA:

Evoqua Water Technologies Announces Upcoming Investor Events

Evoqua Water Technologies Announces Upcoming Investor Events

PITTSBURGH–(BUSINESS WIRE)–
Evoqua Water Technologies (NYSE: AQUA), an industry leader in mission-critical water treatment solutions, today announced that it will participate in three upcoming investor conferences in June.

Ben Stas, Evoqua’s Executive Vice President and Chief Financial Officer, will participate in a virtual fireside chat at the Stifel 2021 Virtual Cross Sector Insight Conference, beginning at 1:20 p.m. ET on Tuesday, June 8, 2021. This conference will be webcast.

Snehal Desai, Evoqua’s Executive Vice President and Chief Growth Officer, will participate in a fireside chat at the Cowen Sustainability & Energy Transition Summit beginning at 11:50 a.m. ET on Wednesday, June 9, 2021. This conference will be webcast.

David Trueba, Evoqua’s Vice President and General Manager ProAct Environmental Services, will participate in a panel discussion, “PFAS – Being Part of the Solution” at the Stifel Waste 360 Investor Summit beginning at 5:55 p.m. ET in Las Vegas, Nevada, on Monday, June 28, 2021. This conference will be webcast.

The participants named above and Dan Brailer, Vice President of Investor Relations for Evoqua, will participate in virtual group discussions during these events. Registration and audio replay for these events will be available on Evoqua’s Investor Relations website: https://aqua.evoqua.com.

About Evoqua Water Technologies

Evoqua Water Technologies is a leading provider of mission-critical water and wastewater treatment solutions, offering a broad portfolio of products, services and expertise to support industrial, municipal and recreational customers who value water. Evoqua has worked to protect water, the environment and its employees for more than 100 years, earning a reputation for quality, safety and reliability around the world. Headquartered in Pittsburgh, Pennsylvania, the company operates in more than 160 locations across ten countries. Serving more than 38,000 customers and 200,000 installations worldwide, our employees are united by a common purpose: Transforming Water. Enriching Life.

Evoqua Water Technologies

Investors

Dan Brailer

724-720-1605 (office)

412-977-2605 (mobile)

[email protected]

Media

Sarah Brown

506-454-5495 (office)

[email protected]

KEYWORDS: United States North America Pennsylvania

INDUSTRY KEYWORDS: Other Natural Resources Environment Other Construction & Property Natural Resources Construction & Property Urban Planning

MEDIA:

Seres Therapeutics to Present at Upcoming Virtual Investor Conferences

Seres Therapeutics to Present at Upcoming Virtual Investor Conferences

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Seres Therapeutics, Inc., (Nasdaq: MCRB), a leading microbiome therapeutics company, today announced that management will present a corporate overview at two upcoming investor conferences:

  • Jefferies Virtual Healthcare Conference at 2:30 p.m. ET on Tuesday, June 1, 2021
  • Goldman Sachs 42nd Annual Global Healthcare Conference at 11:20 a.m. ET on Tuesday, June 8, 2021

An audio webcast of each presentation will be available under the “Investors and News” section of Seres’ website. A replay of the presentation will become available approximately one hour after the event and will be archived for 21 days.

About Seres Therapeutics

Seres Therapeutics, Inc., (Nasdaq: MCRB) is a leading microbiome therapeutics company developing a novel class of multifunctional bacterial consortia that are designed to functionally interact with host cells and tissues to treat disease. Seres’ SER-109 program achieved the first-ever positive pivotal clinical results for a targeted microbiome drug candidate and has obtained Breakthrough Therapy and Orphan Drug designations from the FDA. The SER-109 program is being advanced for the treatment of recurrent C. difficile infection and has potential to become a first-in-class FDA-approved microbiome therapeutic. Seres’ SER-287 program has obtained Fast Track and Orphan Drug designations from the FDA and is being evaluated in a Phase 2b study in patients with active mild-to-moderate ulcerative colitis. Seres is evaluating SER-301 in a Phase 1b study in patients with ulcerative colitis, and plans to initiate a clinical program with SER-155 to prevent mortality due to gastrointestinal infections, bacteremia and graft versus host disease. For more information, please visit www.serestherapeutics.com.

PR Contact

Kristin Ainsworth

[email protected]

IR Contact

Carlo Tanzi, Ph.D.

[email protected]

KEYWORDS: United States North America Massachusetts

INDUSTRY KEYWORDS: Biotechnology Science Health Research

MEDIA:

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IIROC Trading Halt – EGM

Canada NewsWire

VANCOUVER, BC, May 25, 2021 /CNW/ – The following issues have been halted by IIROC:

Company: Engold Mines Ltd.

TSX-Venture Symbol: EGM

All Issues: Yes

Reason: At the Request of the Company Pending News

Halt Time (ET): 7:45 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

Positive top-line results from the phase 3 PRINCE study of pegcetacoplan in treatment-naïve patients with PNH

– Pegcetacoplan demonstrated statistical superiority on the co-primary endpoints of haemoglobin stabilisation (p<0.0001) and reduction in lactate dehydrogenase (LDH) (p<0.0001) compared to standard of care, which did not include complement inhibitors, at week 26

– Mean haemoglobin levels in the pegcetacoplan group increased from 9.4 g/dL to 12.1 g/dL compared to an increase from 8.7 g/dL to 9.4 g/dL on standard of care (p=0.0019)

– 91 per cent of patients on pegcetacoplan were transfusion free compared to 22 per cent on standard of care (p<0.0001)

– The safety profile of pegcetacoplan was consistent with previous studies

PR Newswire

STOCKHOLM, May 25, 2021 /PRNewswire/ — Swedish Orphan Biovitrum AB (publ) (Sobi™) and Apellis Pharmaceuticals, Inc. (Nasdaq: APLS) (GLOBE NEWSWIRE) today reported positive top-line results from the phase 3 PRINCE study evaluating the efficacy and safety of pegcetacoplan in adults with paroxysmal nocturnal haemoglobinuria (PNH) who are treatment naïve, meaning they had not received a complement inhibitor within three months before entering the study.

Pegcetacoplan demonstrated statistical superiority on the co-primary endpoints of haemoglobin stabilization and reduction in lactate dehydrogenase (LDH) compared to standard of care, which did not include complement inhibitors, at week 26.

  • 86 per cent of pegcetacoplan treated patients achieved haemoglobin stabilisation compared to 0 per cent of patients on standard of care (p<0.0001). Haemoglobin stabilisation was defined as an avoidance of a >1 g/dL decrease in haemoglobin levels in the absence of transfusions.
  • Mean LDH in the pegcetacoplan group decreased by 90 per cent from a baseline of 2151 U/L [9.5x upper limit of normal (ULN)] to 211 U/L, which is within the normal range, compared to a 14 per cent reduction on standard of care from a baseline of 1946 U/L (8.6x ULN) to 1681 U/L (7.4x ULN) (p<0.0001).

“The positive PRINCE data showed that pegcetacoplan provided clinically meaningful improvements across multiple measures that are important for patients and build on our recent FDA approval of pegcetacoplan in PNH,” said Federico Grossi, M.D., Ph.D., chief medical officer, Apellis. “Combined with previous studies, these results emphasize the potential of pegcetacoplan to provide disease control for all adults with PNH regardless of prior treatment.”

Pegcetacoplan also achieved statistical superiority on several secondary endpoints, including improvements in haemoglobin levels and transfusion avoidance, compared to standard of care, which did not include complement inhibitors.

  • Mean haemoglobin levels in the pegcetacoplan group increased from 9.4 g/dL to 12.1 g/dL compared to an increase from a baseline of 8.7 g/dL to 9.4 g/dL on standard of care (p=0.0019).
  • 91 per cent of patients on pegcetacoplan were transfusion free compared to 22 per cent on standard of care (p<0.0001).

The safety profile of pegcetacoplan was consistent with previous studies. At week 26, 9 per cent of patients in the pegcetacoplan group experienced a serious adverse event (SAE) compared to 17 per cent on standard of care. One death was reported in each group, and neither were related to treatment. No cases of meningitis or thrombosis were reported in either group. The most common adverse events reported during the study in the pegcetacoplan and standard of care groups, respectively, were injection site reaction (30 per cent vs. 0 per cent), hypokalemia (13 per cent vs. 11 per cent), and fever (9 per cent vs. 0 per cent).

“The PRINCE study results reinforce the efficacy and safety profile of pegcetacoplan in PNH,” said Ravi Rao, Head of Research & Development and Chief Medical Officer at Sobi. “Our hope is to contribute to an improvement of care, and to make a difference in the lives of people with this rare blood disease.”

Detailed results from the PRINCE study will be presented at medical congresses.

About the PRINCE study

The PRINCE study (NCT04085601) is a 2:1 (pegcetacoplan: standard of care) randomized, multi-center, open-label, controlled phase 3 study in 53 treatment-naïve adults with paroxysmal nocturnal haemoglobinuria (PNH). The primary objective of this study was to establish the efficacy and safety of pegcetacoplan in patients who have not received treatment with any complement inhibitor within three months prior to screening. During the 26-week randomized, controlled period, patients received either 1080 mg of pegcetacoplan twice weekly or standard of care therapy, which did not include complement inhibitors. Patients in the standard of care group had the option to escape to the pegcetacoplan group if their haemoglobin decreased 2 g/dL or more from their baseline value.

About pegcetacoplan

Pegcetacoplan is an investigational therapy targeting C3, the central protein in the complement cascade. It acts proximally in the complement cascade controlling both C3bmediated extravascular haemolysis and terminal complementmediated intravascular haemolysis. Pegcetacoplan is being evaluated in several clinical studies across haematology, ophthalmology, nephrology, and neurology. In May 2021, pegcetacoplan was approved as EMPAVELITM in the US for the treatment of adults with paroxysmal nocturnal haemoglobinuria (PNH). The marketing authorisation application for pegcetacoplan for paroxysmal nocturnal haemoglobinuria (PNH) is under review by the European Medicines Agency (EMA). Pegcetacoplan was also granted Fast Track designation by the FDA for the treatment of geographic atrophy and received orphan drug designation for the treatment of C3 glomerulopathy by the FDA and EMA. For additional information regarding pegcetacoplan clinical studies, visit apellis.com/our-science/clinical-trials.

About Paroxysmal Nocturnal Haemoglobinuria (PNH)

PNH is a rare, chronic, life-threatening blood disorder characterized by the destruction of oxygen-carrying red blood cells through extravascular and intravascular haemolysis. Persistently low haemoglobin can result in frequent transfusions and debilitating symptoms such as severe fatigue, haemoglobinuria and difficulty breathing (dyspnea).

About Apellis

Apellis Pharmaceuticals, Inc. is a global biopharmaceutical company that is committed to leveraging courageous science, creativity, and compassion to deliver life-changing therapies. Leaders in targeted C3 therapies, we aim to develop transformative therapies for a broad range of debilitating diseases that are driven by excessive activation of the complement cascade, including those within haematology, ophthalmology, nephrology, and neurology. For more information, please visit http://apellis.com.

About Sobi™

Sobi is a specialised international biopharmaceutical company transforming the lives of people with rare diseases. Sobi is providing sustainable access to innovative therapies in the areas of haematology, immunology and specialty indications. Today, Sobi employs approximately 1,500 people across Europe, North America, Middle East and Asia. In 2020, Sobi’s revenues amounted to SEK 15.3 billion. Sobi’s share (STO:SOBI) is listed on Nasdaq Stockholm. You can find more information about Sobi at sobi.com.

This information is information that Swedish Orphan Biovitrum AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below, at 13:00 CEST on 25 May 2021.

For more information, please contact

Paula Treutiger, Head of Communication & Investor Relations

+ 46 733 666 599

[email protected]

Maria Kruse, Corporate Communication & Investor Relations

+ 46 767 248 830

[email protected]

Apellis

Media:

Lissa Pavluk

[email protected]  

617.977.6764

Investors:

Argot Partners

[email protected]

212.600.1902

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/swedish-orphan-biovitrum-ab/r/positive-top-line-results-from-the-phase-3-prince-study-of-pegcetacoplan-in-treatment-naive-patients,c3353197

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Positive top-line results from the phase 3 PRINCE study of pegcetacoplan in treatment-naïve patients with PNH

Cision View original content:http://www.prnewswire.com/news-releases/positive-top-line-results-from-the-phase-3-prince-study-of-pegcetacoplan-in-treatment-naive-patients-with-pnh-301298694.html

SOURCE Swedish Orphan Biovitrum AB