Schultze Special Purpose Acquisition Corp. and Clever Leaves International Inc. Announce Effectiveness of Registration Statement for Proposed Business Combination

RYE BROOK, N.Y., Nov. 30, 2020 (GLOBE NEWSWIRE) — Schultze Special Purpose Acquisition Corp. (NASDAQ: SAMA, SAMAW, and SAMAU) (“SAMA”) and Clever Leaves International Inc. (“Clever Leaves”) announced today that the U.S. Securities and Exchange Commission (“SEC”) has declared effective the registration statement on Form S-4 (as amended to the date hereof, the “Registration Statement”). The Registration Statement includes a proxy statement/prospectus in connection with the special meeting of SAMA stockholders to consider the previously announced business combination (the “Business Combination”) with Clever Leaves pursuant to which a newly formed holding company, Clever Leaves Holdings Inc. (“Holdco”), will acquire SAMA and Clever Leaves.

SAMA has mailed the definitive proxy statement/prospectus relating to the special meeting of SAMA’s stockholders, which will be held on Thursday, December 17, 2020 at 11:00 a.m. Eastern time.

The proxy statement/prospectus is being mailed to SAMA’s stockholders of record as of the close of business on November 16, 2020 (the “Record Date”). Should the Business Combination be approved by stockholders, SAMA and Clever Leaves anticipate closing the Business Combination on or about December 18, 2020, subject to satisfaction or waiver of customary closing conditions.

About
Schultze Special Purpose Acquisition Corp.

Schultze Special Purpose Acquisition Corp. is a blank check company formed for the purpose of entering into a merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. SAMA’s sponsor is an affiliate of Schultze Asset Management, LP, an alternative investment management firm founded in 1998 that focuses on distressed, special situation and event-driven securities and has invested over $3.2 billion since inception with a notable track-record through its active investment strategy. SAMA itself is backed by an experienced team of operators and investors with a successful track-record of creating material value in public and private companies.

About Clever Leaves International Inc.

Clever Leaves is a multi-national cannabis company with a mission to operate in compliance with federal and state laws and with an emphasis on ecologically sustainable, large-scale cultivation and pharmaceutical-grade processing as the cornerstones of its global cannabis business. With operations and investments in the United States, Canada, Colombia, Germany and Portugal, Clever Leaves has created an effective distribution network and global footprint, with a foundation built upon capital efficiency and rapid growth. Clever Leaves aims to be one of the industry’s leading global cannabis companies recognized for its principles, people, and performance while fostering a healthier global community.

Additional Information and Where to Find It

The Registration Statement includes a prospectus with respect to Holdco’s securities to be issued in connection with the Business Combination and a proxy statement with respect to SAMA’s stockholder meeting at which SAMA’s stockholders will be asked to vote on the proposed Business Combination. SAMA, Clever Leaves and Holdco urge investors, stockholders and other interested persons to read the Registration Statement, including the proxy statement/prospectus, as well as other documents filed with the SEC, because these documents contain important information about the Business Combination. SAMA is mailing a definitive proxy statement and other relevant documents to its stockholders as of the Record Date. SAMA’s stockholders will also be able to obtain a copy of such documents, without charge, by directing a request to: Schultze Special Purpose Acquisition Corp, 800 Westchester Avenue, Suite 632, Rye Brook, New York 10573; e-mail: [email protected]. These documents can also be obtained, without charge, at the SEC’s web site (http://www.sec.gov).

Participants in Solicitation

SAMA, Clever Leaves, Holdco and their respective directors, executive officers and other members of their management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of SAMA stockholders in connection with the Business Combination. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies to SAMA’s stockholders in connection with the Business Combination is set forth in the definitive proxy statement/prospectus contained in the Registration Statement. Information concerning the interests of SAMA’s and Clever Leaves’ participants in the solicitation, which may, in some cases, be different than those of SAMA’s and Clever Leaves’ equity holders generally, is also set forth in the definitive proxy statement/prospectus contained in the Registration Statement.

Forward Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts and may be identified by the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions). Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. Factors that may cause such differences include, without limitation, SAMA’s and Clever Leaves’ inability to complete the transactions contemplated by the Business Combination; matters discovered by the parties as they complete their respective due diligence investigation of the other; the inability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, the amount of cash available following any redemptions by SAMA stockholders; the ability to meet Nasdaq’s listing standards in connection with or following the consummation of the Business Combination; costs related to the Business Combination; expectations with respect to future operating and financial performance and growth, including when Clever Leaves or Holdco will become cash flow positive; the timing of the completion of the Business Combination; Clever Leaves’ ability to execute its business plans and strategy and to receive regulatory approvals; potential litigation involving the parties; global economic conditions; geopolitical events, natural disasters, acts of God and pandemics, including, but not limited to, the economic and operational disruptions and other effects of COVID-19; regulatory requirements and changes thereto; access to additional financing; and other risks and uncertainties indicated from time to time in filings with the SEC. Other factors include the possibility that the proposed transaction does not close, including due to the failure to receive required security holder approvals or the failure to satisfy other closing conditions. The foregoing list of factors is not exclusive. Additional information concerning certain of these and other risk factors is contained in SAMA’s most recent filings with the SEC and is contained in the Registration Statement, including the definitive proxy statement/prospectus. All subsequent written and oral forward-looking statements concerning SAMA, Clever Leaves or Holdco, the transactions described herein or other matters and attributable to SAMA, Clever Leaves, Holdco or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Each of SAMA, Clever Leaves and Holdco expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in their expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Schultze Special Purpose Acquisition Corp.
George J. Schultze: [email protected]
Gary M. Julien: [email protected]
(914) 701-5260

Investor Relations
Raphael Gross
ICR
[email protected]
(203) 682-8253

Media Relations
KCSA Strategic Communications
McKenna Miller
[email protected]
(347) 487-6197



Postgres Professional and Zabbix to Co-Host Complimentary Virtual PostgreSQL Monitoring Day

Leading Experts on PostgreSQL Monitoring Will Dive into the Features, Benefits and Approaches of Using Zabbix with PostgreSQL

MARINA BAY, Gibraltar, and BROOKLYN, N.Y., Nov. 30, 2020 (GLOBE NEWSWIRE) — Postgres Professional, the company that makes PostgreSQL enterprise-ready, and Zabbix, the company behind the Zabbix open-source monitoring solution, today announced they are co-hosting a virtual PostgreSQL Monitoring Day on December 10, 2020, from 9:00-1:00 PM PDT. Registration for the complimentary half-day event is currently open.

PostgreSQL Monitoring Day will provide an overview of the developments and growing adoption of PostgreSQL and then dive into the benefits and “how-tos” of using the latest release of the all-in-one monitoring solution Zabbix to gain vital information about PostgreSQL deployments.

“It’s good to see two strong open source communities, Zabbix and PostgreSQL, collaborating to put together a practice-focused event on PostgreSQL monitoring,” said Oleg Bartunov, Postgres Professional Founder and CEO. “PostgreSQL’s growing adoption rates and modern workloads challenge DBAs to collect more metrics in a better way. PostgreSQL Monitoring Day will educate the community on the monitoring best practices that the Zabbix and Postgres Professional teams use to ensure maximum uptime of their customer PostgreSQL deployments.”

“I am excited to co-organize PostgreSQL Monitoring Day. PostgreSQL is a great database engine and a significant building block for many applications and services,” said Alexei Vladishev, Zabbix Founder and CEO. “Zabbix can make PostgreSQL much more transparent by monitoring and visualizing all critical availability and performance metrics. It creates a powerful combination of two open source products, which is beneficial for Zabbix and PostgreSQL users.”


AGENDA

Welcome to the Event –  Ivan Panchenko, Deputy CEO, Postgres Professional, and Alexei Vladishev, Founder & CEO, Zabbix

Ivan Panchenko and Alexei Vladishev will welcome attendees to the event and briefly discuss the more than 20-year history of PostgreSQL and Zabbix and how the two open source solutions address today’s database monitoring challenges..

“Setting Up Zabbix Agent 2 for PostgreSQL Monitoring and Revealing How it Works” – Daria
Vilkova
, Software Engineer, Postgres Professional

The PostgreSQL monitoring plugin for Zabbix Agent 2 takes advantage of the extensibility of Agent 2. It enables easy setup of basic monitoring for the database, including triggers, graphics and screens, and it collects more than 95 metrics. The plugin employs github.com/jackc/pgx PG drivers and the toolkit for Go. One installation of Zabbix Agent 2 makes it possible to monitor several PostgreSQL instances. This presentation will cover the monitoring module internals, how it operates, and tips on how to set it up. It will also introduce the new version of the PostgreSQL monitoring plugin and explore creating custom metrics – a feature that will become available with plugin v.2 and further increase the number of accessible metrics.

“Zabbix Agent 2 + PostgreSQL” –
Aleksandrs
Petrovs-Gavrilovs, Te
chnical
Support Engineer, Zabbix

Zabbix Agent 2 provides detailed and granular monitoring of PostgreSQL servers with highly configurable item keys and a complimentary monitoring template. This talk will provide a guide to using native Zabbix Agent 2, which reduces the number of TCP connections while providing greater check concurrency and being easily extensible with plugins. This significantly reduces the impact of monitoring on the agent system, particularly when monitoring hundreds or thousands of items related to PostgreSQL performance and stability.

“New Monitoring-Related Features in PostgreSQL 13” – Anastasia
Lubennikova
, Senior Database Developer, Postgres Professional

Every monitoring solution is limited by the information the system allows to be collected. PostgreSQL DBMS provides many metrics reflecting its internal state, running queries, and background processes. Each release brings the community more monitoring-related features. This talk covers monitoring enhancements coming with PostgreSQL 13, including query sampling, improved WAL usage statistics, pg_basebackup progress reporting, etc. Some of these metrics may appear in future releases of monitoring plugins, or may be available via custom scripts or when formulating custom requests to the database.

“How to Deploy Zabbix on PostgreSQL with Timescale DB Plugin” – Dmitry Lamberts, Head of Technical Support, Zabbix

PostgreSQL is one of the supported database engines for Zabbix, which is used to store all configuration data and history. This turns PostgreSQL into a very high load database engine. This talk will cover how TimescaleDB, an extension to PostgreSQL, empowers Zabbix with native partitioning functionality and data compression, which saves significant disk space.

“Final Tuning of PostgreSQL for Zabbix” –
Artūrs
Lontons
, Technical Support Engineer, Zabbix

Optimizing Zabbix consists of not only changing Zabbix internal parameters but also configuring the database accordingly. This workshop will look at how different Zabbix parameters affect the database configuration requirements. It will also include a demonstration of performing a general PostgreSQL fine-tuning for Zabbix workloads.

PostgreSQL Monitoring Day will conclude with an interactive Q&A session featuring all the event speakers.

About Postgres Professional

Postgres Professional specializes in database development, 24×7 support, and expert consulting services for PostgreSQL. The company contributes to the open-source PostgreSQL project and offers its own Postgres Pro Database, a private, fully supported version of PostgreSQL that provides early access to new PostgreSQL features and optimizations, including security enhancements and performance improvements. Postgres Professional assists with data migrations, conducts PostgreSQL training, and helps developers and DBAs get certified for PostgreSQL careers. For more information or to download Postgres Pro Database, visit https://postgrespro.com/.

About Zabbix Company

Zabbix Company is based in Europe, Japan, Russia, Brazil, and the United States. Its founder, CEO, and Zabbix product creator is Alexei Vladishev. The basic work sphere of Zabbix Company is the development of free and open-source software for monitoring of services, networks and applications. Apart from that, the company offers a wide range of professional services designed to fit every customer’s unique business demands including implementation, integration, custom development, and consulting services as well as various training programs. Zabbix team’s mission is to make a superior monitoring solution available and affordable for all. For the first time, Zabbix was released in 2001. Zabbix as a company was established in 2005 in order to provide expert technical support services. There are governmental institutions of different countries along with some of the world’s biggest telco, finance, educational, retail and healthcare companies among Zabbix customers. Many of them are included in the Fortune 500 list.

Media Contact:

Brigit Valencia
For Postgres Pro
360.597.4516
[email protected] 



Sera Prognostics to Present at the 32nd Annual Piper Sandler Virtual Healthcare Conference

SALT LAKE CITY, Nov. 30, 2020 (GLOBE NEWSWIRE) — Sera Prognostics, Inc., the leading health diagnostics company dedicated to improving the lives of women and babies through individualized prenatal care, will be presenting at the 32nd Annual Piper Sandler Virtual Healthcare Conference. Sera’s presentation will be available for registered attendees via the Piper Sandler conference site from November 30 to December 4. Gregory C. Critchfield, M.D., M.S., Chairman and CEO, will provide a company update and discuss Sera’s latest achievements. Sera’s management will be available for one-on-one meetings with conference attendees on November 30.

About Sera Prognostics, Inc.

Sera Prognostics is the leading health diagnostics company dedicated to improve the lives of women and babies through individualized prenatal care. Sera delivers pivotal information to physicians to improve health and to improve the economics of healthcare delivery for pregnant women. Sera is developing innovative diagnostic tests focused on the early prediction of preterm birth risk and other complications of pregnancy. Sera’s PreTRM® test objectively reports to a physician the risk of a woman’s premature delivery, enabling earlier proactive interventions designed to improve the health of her baby. Sera is working with other researchers to demonstrate the impact of additional interventions to improve pregnancy outcomes when used in connection with the PreTRM® test to stratify risk of prematurity.  Sera Prognostics is located in Salt Lake City, Utah. For more information, please visit the company’s website at www.seraprognostics.com.

About the
PreTRM
® Test

The PreTRM® test is the only clinically-validated blood test that provides an early and individual risk prediction for spontaneous preterm birth in asymptomatic, singleton pregnancies. The PreTRM® test measures and analyzes proteins in the blood that are highly predictive of preterm birth. The PreTRM® test can help physicians identify early in the pregnancy (as early as 19 weeks of gestation) which women are at increased risk for premature delivery, enabling more informed clinical decisions based on each woman’s individual risk. The PreTRM® test is ordered by a medical professional. For more information about the PreTRM® test, please visit www.PreTRM.com and the PreTRM® test YouTube Channel. You can also join the conversation on Facebook and @PreTRM.

Contacts:

Fern Lazar, Lazar FINN
[email protected]
212 867 1765          
Chantal Beaudry, Lazar FINN
[email protected]
646 871 8480

 



Over 20,000 Patients Treated with the Non-Surgical Zephyr Valve for Severe Emphysema, a Form of COPD

The Zephyr Valve
Helps COPD/Emphysema Patients Breathe Easier Without the Risk of Major Surgery
1

REDWOOD CITY, Calif., Nov. 30, 2020 (GLOBE NEWSWIRE) — As part of COPD Awareness Month, Pulmonx Corporation is announcing that over 20,000 patients have been treated worldwide with their Zephyr® Endobronchial Valves (Zephyr Valve), the first FDA-approved minimally-invasive treatment for severe emphysema, a form of COPD. The Zephyr Valve has been shown to deliver significant benefits to patients with emphysema, including improvements in lung function, exercise capacity and quality of life.1 The valves are placed via bronchoscopy, with no incision or cutting, so these benefits are achieved without the risks of traditional surgical options.

“The Zephyr Valve treatment represents a major advancement in the field of bronchoscopy and can be truly life changing for patients with advanced disease,” states Dr. D. Kyle Hogarth, MD, Professor of Medicine and Director of Bronchoscopy at the University of Chicago Medical Center. “Before this option, many COPD/emphysema patients struggled to breathe despite maximum medical therapy. Endobronchial valves are the first option we have had to help patients breathe easier and re-engage with life without the risks of major surgery. The Zephyr Valve is quickly becoming a standard of care for patients with advanced COPD/emphysema.”

Despite taking the best available medications, many patients with emphysema, a common form of COPD, suffer from hyperinflation of their lungs where air becomes trapped in the lungs, preventing fresh air from entering and thereby causing severe shortness of breath. Patients with hyperinflation have difficulty doing even the simplest tasks like showering or walking up a flight of stairs. The Zephyr Valves reduce lung hyperinflation by allowing trapped air to escape and preventing new air from entering that diseased lobe. This allows the healthier parts of the lung to function better and results in patients being able to breathe more easily and experience less shortness of breath.1

“Our corporate mission is to improve the lives of patients with severe COPD/emphysema, so we are very excited about achieving this significant milestone of treating more than 20,000 patients,” said Glen French, President and Chief Executive Officer. “Hundreds of hospitals in the US and abroad now offer our Zephyr Valves, so we are on our way to enabling many patients to breathe easier in the years to come.”

“Helping patients breathe easier changes not only their immediate quality of life, but also breaks the cycle of deterioration that comes from inactivity and can contribute to a higher-quality of life long-term,” states D.J. (Dirk-Jan) Slebos, MD, Professor of Interventional Pulmonology, University of Groningen, The Netherlands. “My patients report that they are back to being more active and participating in hobbies like gardening and biking that, before the valves, had become too difficult because of the disease.”

Patients treated with the Zephyr Valves report experiencing significantly more days when their symptoms were “better” and fewer days that were “worse” over 12 months compared to the control group.2 Cumulative clinical data suggests that patients treated successfully with endobronchial valves, like the Zephyr Valve, have increases in the BODE Index (a multi-dimensional health status scoring system for patients with COPD) that have been associated with survival benefits.310 The Zephyr Valve treatment is included in national and global treatment guidelines for COPD including an ‘Evidence A’ rating from The Global Initiative for Chronic Obstructive Lung Disease (GOLD).

About Pulmonx

Pulmonx Corporation (NASDAQ: LUNG) is a commercial-stage medical technology company that provides minimally invasive treatment for patients with severe emphysema, a form of COPD. The Pulmonx solution, which is comprised of the Zephyr Endobronchial Valve, the Chartis® Pulmonary Assessment System and the StratX® Lung Analysis Platform, is designed to treat severe emphysema/COPD patients who, despite medical management, are still profoundly symptomatic. Pulmonx received FDA pre-market approval to commercialize the Zephyr Valve following its designation as a “breakthrough device.” The Zephyr Valve is commercially available in more than 25 countries, with over 80,000 valves used to treat more than 20,000 patients. For more information on the Zephyr Valves, please visit www.MyLungsMyLife.com. For more information on the company, please visit www.Pulmonx.com.

Pulmonx, Chartis®, StratX®, and Zephyr® are registered trademarks of Pulmonx Corporation.

Forward Looking Statements

This release contains forward‐looking statements within the meaning of Sections 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We may, in some cases, use terms such as “look forward,” confident,” “promises,” “predicts,” “believe,” “potential,” “anticipates,” “expects,” “plans,” “intends,” “may,” “could,” “might,” “will,” “should,” or other words that convey uncertainty of future events or outcomes to identify these forward‐looking statements and include, without limitation, statements about Pulmonx’s ability to treat a greater number of patients and deliver significant benefits to patients. Forward‐looking statements should not be read as a guarantee of future performance or results and may not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. These forward‐looking statements are based on Pulmonx’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in such forward‐looking statements as a result of these risks and uncertainties, which include, without limitation those related to the safety, efficacy and patient and physician adoption of the company’s products, the ability to obtain and maintain reimbursement codes for its products, and the company’s ability to procure and maintain required regulatory approvals for its products. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in Pulmonx’s filings with the Securities and Exchange Commission (SEC), including the Company’s quarterly report on Form 10-Q for the fiscal quarter ended September 30, 2020 filed with the SEC and available at www.sec.gov. Pulmonx does not undertake any obligation to update forward‐looking statements and expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward‐looking statements contained herein. 

Media Contact:

Meghan Oreste
617-823-1441
[email protected]

Investor Contact:

Brian Johnston
Gilmartin Group
[email protected]

_______________

1. Criner G. et al. Am J Respir Crit Care Med. 2018; 198 (9):1151–1164.
2. Dransfield M. et al. Ann Am Thorac Soc. 2020 Jul; 17 (7):829-838.
3. Criner, GJ, Delage, A, Voelker, K, Hogarth, DK, et al. Improving Lung Function in Severe Heterogenous Emphysema with the Spiration Valve System (EMPROVE). A Multicenter, Open-Label Randomized Controlled Clinical Trial. Am J Respir Crit Care Med, 2019; 200(11), 1354–1362.
4. Kemp, SV, Slebos, DJ, Kirk, A, Kornaszewska, M, Carron, K, Ek, L, & Briault, A. A multicenter randomized controlled trial of Zephyr endobronchial valve treatment in heterogeneous emphysema (TRANSFORM). Am J Respir Crit Care Med, 2017; 196(12), 1535–1543.
5. Valipour, A, Slebos, DJ, Herth, F, Darwiche, K, Wagner, M, Ficker, JH, & Eberhardt, R. Endobronchial valve therapy in patients with homogeneous emphysema. Results from the IMPACT study. Am J Respir Crit Care Med, 2016; 194(9), 1073–1082 and data on file.
6. Klooster, K, ten Hacken, NH, Hartman, JE, Kerstjens, HA, van Rikxoort, EM, & Slebos, DJ. Endobronchial valves for emphysema without interlobar collateral ventilation. N Engl J Med, 2015; 373(24), 2325–2335.
7. Welling J et al. Patient Selection for Bronchoscopic Lung Volume Reduction. International Journal of Chronic Obstructive Pulmonary Disease 2020; 15, 871–881.
8. Gompelmann et al. Survival after endoscopic valve therapy in patients with severe emphysema. Respiration 2019; 97(2), 145-152.
9. Garner et al. Survival after endobronchial valve placement for emphysema: A 10-year follow-up study. Am J Respir Crit Care Med. 2016; 194(4), 519-521.
10. Klooster et al, Improved Predictors of Survival after Endobronchial Valve Treatment in Patients with Severe Emphysema Letter to the editor, American Journal of Respiratory and Critical Care Medicine Volume 195 Number 9 | May 1, 2017.



Mersana Therapeutics Appoints Arvin Yang, M.D., Ph.D. as Senior Vice President and Chief Medical Officer

CAMBRIDGE, Mass., Nov. 30, 2020 (GLOBE NEWSWIRE) — Mersana Therapeutics, Inc. (Nasdaq: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced the appointment of Arvin Yang, M.D., Ph.D., as Senior Vice President and Chief Medical Officer effective immediately. Dr. Yang succeeds Dirk Huebner, M.D., who has stepped down as Chief Medical Officer but will remain with the Company until January 15, 2021, to assist with a smooth transition.

“We are excited to welcome Arvin to our leadership team as we enter this next crucial and exciting stage for Mersana,” said Anna Protopapas, President and Chief Executive Officer of Mersana Therapeutics. “Arvin’s deep experience in leading late-stage global registration trials combined with his early stage and immuno-oncology experience will be instrumental in guiding the advancement of XMT-1536 into the planned fast-to-market registration-enabling study as well as driving the rest of Mersana’s first-in-class innovative pipeline.”

Dr. Yang spent over a decade at Bristol Myers Squibb in various roles with increasing responsibility for the clinical development of oncology and immuno-oncology therapies. Most recently, he was Vice President and Head of Clinical Hematology, where he was responsible for the clinical development of the late stage hematology pipeline. Before that, he was Vice President and Development Lead for Melanoma and GU cancers, and played a critical role in the global approval of nivolumab and nivolumab plus ipilimumab combinations in a number of indications. Earlier, he was responsible for the nivolumab and ipilimumab life-cycle clinical development plans including those in gynecological cancers. Finally, he has held leadership roles overseeing a pipeline of early clinical programs as well as roles in medical affairs. Dr. Yang received his M.D. and Ph.D. from Rutgers Robert Wood Johnson Medical School and completed training in internal medicine at Beth Israel Deaconess, Harvard Medical School and in oncology at Memorial Sloan-Kettering Cancer Center.

“Mersana’s XMT-1536 is poised to make a meaningful difference for people living with ovarian cancer. I am excited about the opportunity to work with the talented Mersana team to bring this important medicine to patients,” said Dr. Yang. “I am equally excited about the potential of the NaPi2b target in non-small cell lung cancer adenocarcinoma, Mersana’s robust pipeline of early-stage candidates developed using innovative and differentiated ADC platforms, and the potential of these candidates to make a significant impact in the lives of people living with cancer.”

“I would also like to take this opportunity to thank Dirk for his many contributions at Mersana. Over the past two years, Dirk has played a significant role in bringing XMT-1536 to proof of concept in ovarian cancer and in building a strong clinical development team. I wish him all the best in his future endeavors,” added Anna Protopapas.

About Mersana Therapeutics

Mersana Therapeutics is a clinical-stage biopharmaceutical company using its differentiated and proprietary ADC platforms to rapidly develop novel ADCs with optimal efficacy, safety and tolerability to meaningfully improve the lives of people fighting cancer. Mersana’s lead product candidate, XMT-1536, is in the expansion portion of a Phase 1 proof-of-concept clinical study in patients with ovarian cancer and NSCLC adenocarcinoma. XMT-1592, Mersana’s second ADC product candidate targeting NaPi2b-expressing tumors, was created using Mersana’s customizable and homogeneous Dolasynthen platform and is in the dose escalation portion of a Phase 1 proof-of-concept clinical study. The Company’s early stage programs include a B7-H4 targeting ADC, as well as a STING-agonist ADC developed using the Company’s Immunosynthen platform. In addition, multiple partners are using Mersana’s Dolaflexin platform to advance their ADC pipelines.

Forward-Looking Statements

This press release contains “forward-looking” statements within the meaning of federal securities laws. These forward-looking statements are not statements of historical facts and are based on management’s beliefs and assumptions and on information currently available to management. Forward-looking statements include information concerning the Company’s business strategy and the design, progression and timing of its clinical trials. Forward-looking statements generally can be identified by terms such as “aims,” “anticipates,” “believes,” “contemplates,” “continues,” “could,” “estimates,” “expects,” “goal,” “intends,” “may,” “on track,” “plans,” “poised,” “possible,” “potential,” “predicts,” “projects,” “seeks,” “should,” “target,” “will,” “would” or similar expressions and the negatives of those terms. Forward-looking statements represent management’s beliefs and assumptions only as of the date of this press release. The Company’s operations involve risks and uncertainties, many of which are outside its control, and any one of which, or combination of which, could materially affect its results of operations and whether the forward-looking statements ultimately prove to be correct. Factors that may materially affect the Company’s results of operations and whether these forward-looking statements prove to be correct include, among other things, that preclinical testing may not be predictive of the results or success of ongoing or later preclinical or clinical trials, that the development and testing of the Company’s product candidates and new platforms will take longer and/or cost more than planned, and that the identification of new product candidates will take longer than planned, as well as those listed in the Company’s Annual Report on Form 10-K filed on February 28, 2020, with the Securities and Exchange Commission (“SEC”), the Company’s Quarterly Report on Form 10-Q filed on May 8, 2020, with the SEC and subsequent SEC filings. In addition, while we expect that the COVID-19 pandemic might adversely affect the Company’s preclinical and clinical development efforts, business operations and financial results, the extent of the impact on the Company’s operations and the value of and market for the Company’s common stock will depend on future developments that are highly uncertain and cannot be predicted with confidence at this time, such as the ultimate duration of the pandemic, travel restrictions, quarantines, physical distancing and business closure requirements in the U.S. and in other countries, and the effectiveness of actions taken globally to contain and treat the disease. Except as required by law, the Company assumes no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future.

Contact:

Investor & Media Contact
Sarah Carmody, 617-844-8577
[email protected]



ads4change, First Digital Advertising Platform for Social Enterprises and Non-Profits, Announces Official Launch

With More than $20M Committed in Digital Ads, ads4change Offers Affordable Access to the World’s Top Websites; Helps Cause-Related Organizations Change the World

ROCKVILLE, Md., Nov. 30, 2020 (GLOBE NEWSWIRE) — ads4change, the first cause-related digital advertising platform, today announced its official launch. Offering access to ad space on the world’s top websites, the company helps social organizations harness the power of digital advertising to broaden their reach and help deliver on their long-term missions of driving change across the world. Created by Mark Levin, chief executive officer (CEO) of Consumable, the leading content discovery platform, and social innovator, Steph Cantor, ads4change already has more than $20M committed in digital ads and growing.

“Billions of digital ad impressions are wasted every day,” said Mark Levin, co-founder of ads4change and CEO of Consumable. “We saw this as an opportunity and a way to meaningfully give back. Now, through ads4change, social impact organizations can increase brand awareness on the world’s top websites and do so affordably.”

Through its relationship with Consumable, ads4change has the unique opportunity to pass through significant benefits to its customers. They gain access to the world’s largest media publishers, the Comscore 500, which ensures outreach to as many people as possible. They also experience 90 percent savings over what they might spend with traditional media platforms. Additionally, customers have access to personalized data tracking to help manage their campaigns in real time.

“We understand that nonprofits and social enterprises face the biggest digital marketing challenge – no budget,” said Steph Cantor, co-founder of ads4change. “We also know that building awareness is mission critical for their success. We are excited to provide a low cost, big impact digital advertising solution, and there’s no better feeling than knowing we will help transform these organizations.”

The company has already begun onboarding a number of leading global nonprofits, and more details are forthcoming on how ads4change is working with these clients to help change the world.

About ads4change

Established in 2020, ads4change is the first cause-related digital advertising platform that helps social enterprises and non-profits amplify their missions and change the world.

Learn more at www.ads4change.com. Follow us on LinkedIn, Facebook and Twitter at @ads4change and on Instagram at @ads4change_digitalad.

About Consumable

Launched in 2016, Consumable, the leading content discovery platform, has revolutionized online advertising by integrating premium on-demand video and audio entertainment within digital ads, delivering a more engaging experience that creates value for publishers, advertisers, and consumers alike.

This year, Consumable was selected by Inc. magazine for the 2020 Inc. 5000, placing #38. Consumable also ranked #32 on Deloitte’s Technology Fast 500™.

For more information, please visit www.consumable.com.

PR Contact:
Kate Alexander
For ads4change
201-638-3946
[email protected]



AzurRx BioPharma Announces First Patients Dosed in Turkey for Phase 2 Combination Therapy Trial of MS1819 in Cystic Fibrosis Patients with Severe Exocrine Pancreatic Insufficiency

  • Patient screening and dosing ongoing in Turkey and Hungary
  • Topline data expected in Q2 2021 for the Combination Trial

DELRAY BEACH, Fla., Nov. 30, 2020 (GLOBE NEWSWIRE) — AzurRx BioPharma, Inc. (NASDAQ:AZRX) (“AzurRx” or the “Company”), a company specializing in the development of non-systemic, recombinant therapies for gastrointestinal diseases, today announced that the first two patients have been dosed in Turkey for its Phase 2 trial evaluating its investigational drug, MS1819, in combination with the current standard of care, porcine-derived pancreatic enzyme replacement therapy (PERT), for the treatment of severe exocrine pancreatic insufficiency (EPI) in patients with cystic fibrosis (CF).

“In the midst of a global pandemic and unpredictable obstacles, we are very encouraged to see our Combination therapy trial moving forward at one of the clinical testing sites in Turkey,” said James Sapirstein, President & CEO of AzurRx.  Mr. Sapirstein continued, “We expect to release topline results in the second quarter of next year. We are optimistic the results will build on the encouraging data we received earlier this year and hope we will be one step closer to improving the lives of thousands of patients suffering from cystic fibrosis.”

Earlier last month, the Company reported that additional clinical sites were activated in Turkey, which follows Hungary as the second country where patients have been screened and dosed in the Combination trial.  As of today, there are five sites activated in Turkey that are currently screening for patients.

The Phase 2 Combination Trial, open-label, multicenter study is assessing the safety and efficacy of MS1819 administered over 15 days in immediate release capsules in increasing doses of 700mg, 1,200mg and 2,240 mg per day, in combination with a patient’s daily dose of PERT.  Previously reported results on the initial five patients in the trial revealed that the combination therapy led to clinically meaningful improvements in the primary efficacy endpoint, the coefficient of fat absorption (CFA), and improvements in the key secondary endpoints, including body weight, stool consistency and reductions in the number of bowel movements and the incidence of steatorrhea (excessive amounts of fat in the feces).

About the MS1819 Combination Therapy Trial

The digestive standard of care for both CF and chronic pancreatitis (CP) patients with EPI are commercially-available PERTs. Ideally, a stable daily dose of PERT will enable CF patients to eat a normal to high-fat diet and minimize unpleasant gastrointestinal symptoms. In practice, however, a substantial number of CF patients do not achieve normal absorption of fat with PERTs(1,2).  Achieving an optimal nutritional status, including normal fat absorption levels, in CF patients is important for maintaining better pulmonary function, physical performance and prolonging survival. Furthermore, a decline of body mass index around the age of 18 years predicts a substantial drop in lung function(3,4).

A combination therapy of PERT and MS1819 has the potential to: (i) correct macronutrient and micronutrient maldigestion; (ii) eliminate abdominal symptoms attributable to maldigestion; and (iii) sustain optimal nutritional status on a normal diet in CF patients with severe EPI. Planned enrollment is expected to include approximately 24 CF patients with severe EPI, with study completion anticipated in Q2 2021.

About MS1819

MS1819 is a recombinant lipase enzyme for the treatment of exocrine pancreatic insufficiency associated with cystic fibrosis and chronic pancreatitis. MS1819, supplied as an oral non-systemic biologic capsule, is derived from the Yarrowia lipolytica yeast lipase and breaks up fat molecules in the digestive tract of EPI patients so that they can be absorbed as nutrients. Unlike the standard of care, the MS1819 synthetic lipase does not contain any animal products.

About AzurRx BioPharma, Inc.

AzurRx BioPharma, Inc. (NASDAQ: AZRX) is a biopharmaceutical company specialized in the research and development of non-systemic biologics for gastrointestinal disorders. The Company is focused on the development of its lead drug candidate, MS1819. AzurRx is currently conducting two Phase 2 clinical trials of MS1819: the OPTION 2 monotherapy trial, and the Combination therapy trial, consisting of MS1819 in conjunction with porcine-derived pancreatic enzyme replacement therapy, the current standard of care. The Company is headquartered in Delray Beach, Florida with clinical operations in Hayward, California. Additional information on the Company can be found at www.azurrx.com.

Forward-Looking Statements

This press release may contain certain statements relating to future results which are forward-looking statements. These statements are not historical facts, but instead represent only the Company’s belief regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company’s control. It is possible that the Company’s actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements, including whether results obtained in preclinical and nonclinical studies and clinical trials will be indicative of results obtained in future clinical trials; whether preliminary or interim results from a clinical trial such as the interim results presented will be indicative of the final results of the trial. Additional information concerning the Company and its business, including a discussion of factors that could materially affect the Company’s financial results, including those related to the clinical development of MS1819, the results of its clinical trials, and the impact of the coronavirus (COVID-19) pandemic on the Company’s operations and current and planned clinical trials, including, but not limited to delays in clinical trial recruitment and participation are contained in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 under the heading “Risk Factors,” as well as the Company’s subsequent filings with the Securities and Exchange Commission. All forward-looking statements included in this press release are made only as of the date of this press release, and we do not undertake any obligation to publicly update or correct any forward-looking statements to reflect events or circumstances that subsequently occur or of which we hereafter become aware.


For more information:

AzurRx BioPharma, Inc.
1615 South Congress Avenue
Suite 103
Delray Beach, Florida 33445
Phone: (646)-699-7855
[email protected]

Investor Relations contact:

LifeSci Advisors, LLC. 
Hans Vitzthum, Managing Director 
1 International Place, Suite 1480 
Boston, MA 02110 
Phone: 617-430-7578 
[email protected]

References

(1) Freedman, S.D., Am. J. Manag. Care, 2017; 23: S2220-S228
(2) Littlewood, J. et al, 2006, Pediatric Pulmonology, 2006, 41:35-49
(3) Engelen, M. et al, 2014, Curr. Opin. Clin. Nutr. Metab. Care; 17(6):515-520
(4) Vandenbranden, S.L. et al, 2012, Pediatric Pulmonology, 2012; 47(2): 135-143



Galecto Publishes GB0139 Phase 2a Idiopathic Pulmonary Fibrosis (IPF) Results in European Respiratory Journal, Showing Marked Impact on Several IPF Biomarkers

  • The ERJ Paper shows major effects on biomarkers in IPF, linked to mortality and to fall in FVC
  • The inhaled GB0139 significantly reduced key plasma biomarkers from baseline vs placebo over 2 weeks
  • GB0139 is being investigated in the 450 patients, 52 week GALACTIC-1 Phase 2b/3 trial in IPF

BOSTON and COPENHAGEN, Denmark, Nov. 30, 2020 (GLOBE NEWSWIRE) — Galecto, Inc., a NASDAQ listed biotechnology company focused on the development of novel treatments for fibrosis and cancer, announced today the publication of a paper detailing full results from a phase 2a study of GB0139 in Idiopathic Pulmonary Fibrosis (IPF) in the peer-reviewed publication European Respiratory Journal.

The study highlights the effect of inhaled GB0139 in IPF patients on the plasma levels of highly relevant disease biomarkers, in particular YKL-40 and CCL-18, which have been shown to have prognostic significance in IPF (YKL-40 linked to IPF mortality and CCL-18 linked to fall in lung function – FVC). These and several other biomarkers (PDGF-B, PAI-1, Galectin-3) were reduced in a dose dependent fashion from baseline in a consistent and statistically significant manner, with the strongest effects in the 10 mg dose group compared to placebo.

Hans Schambye, CEO of Galecto, said: “We are excited that the study showed that with intervention with our inhaled small molecule therapy GB0139 in the lungs of IPF patients, we see fast onset and major reduction in a series of biomarkers known as drivers of lung fibrosis and linked to IPF mortality. GB0139’s concerted and marked impact on these biomarkers support its potential to make a significant difference in the treatment of IPF, and we are looking forward to advancing it further through clinical development and potentially to market.”

GB0139, an inhaled small molecule inhibitor of galectin-3, a protein known to play a central role in fibrosis in several organs, has received Orphan Drug Designation (ODD) from both the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) for the treatment of IPF. The EMA cited clinically relevant biomarker data, in particular the significant reduction of YKL-40 in IPF patients, as a justification for the ODD designation. GB0139 was shown to be safe and well tolerated in healthy subjects and IPF patients in the phase 2a trial, and dose dependently suppressed expression of galectin-3, a protein known to play a central role in fibrosis in several organs, on alveolar macrophages.

“The availability of multiple biomarkers of IPF pathogenesis means physicians can not only monitor the progression of disease but also differentiate the effects of different treatments. The lockstep reduction in five biomarkers – PDGF-BB, PAI-1, Galectin-3, CCL18 and YKL-40 – in patients treated with TD139, but not with placebo, is an encouraging early sign that will require clinical confirmation,” said Toby Maher, one of the authors of the paper and Professor at Royal Brompton Hospital, Imperial College London and University of Southern California.

Galecto is now investigating GB0139 (formerly TD139) in the Phase 2b/3 GALACTIC-1 clinical trial in IPF. The trial is a pivotal size, randomized, double-blind, multicenter, parallel, placebo-controlled study across more than 100 centers in the U.S., the EU, and Canada, designed to evaluate the efficacy and safety of GB0139 in 450 subjects with IPF over 52 weeks.

About Galecto

Galecto is a clinical stage biotechnology company with advanced programs in fibrosis and cancer centered on galectin-3 and LOXL2. The company’s pipeline includes an inhaled galectin-3 modulator currently in phase 2b for the potential treatment of idiopathic pulmonary fibrosis, as well as two assets about to move into phase 2 targeting myelofibrosis, NASH and oncology. The Company is incorporated in the U.S. and has its operating headquarters in Copenhagen, Denmark.

Further information can be found at www.galecto.com.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements include statements about Galecto’s focus, GB0139’s potential, plans for clinical development and potential to market, and Galecto’s product candidates and pipeline. The words “may,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “target” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. For such statements, Galecto claims the protection of the Private Securities Litigation Reform Act of 1995. Actual events or results may differ materially from Galecto’s expectations. Factors that could cause actual results to differ materially from the forward-looking statements include risks and uncertainties related to the development of Galecto’s product candidates and their therapeutic potential, having adequate funds and their use, and those disclosed in Galecto’s filings with the Securities and Exchange Commission, including its Registration Statement on Form S-1. These forward-looking statements represent Galecto’s judgment as of the time of this release. Galecto disclaims any intent or obligation to update these forward-looking statements, other than as may be required under applicable law.
For more information, contact:

Galecto
Inc.
LifeSci Advisors
(media)
Hans Schambye, CEO
Jon Freve
Mary-Ann Chang
+45 70 70 52 10 +44 7483 284 853
[email protected]
[email protected]



GridGain Virtual Events Offer Expert Advice and Best Practices for Deploying In-Memory Computing Solutions

FOSTER CITY, Calif., Nov. 30, 2020 (GLOBE NEWSWIRE) — GridGain® Systems, provider of enterprise-grade in-memory computing solutions based on Apache® Ignite®, today announced it is hosting or participating in multiple online conferences, webinars and virtual meetups taking place in December and January 2020. GridGain will use these events to share unique insights into the latest in-memory computing technology developments, trends and strategies. GridGain has also posted on-demand videos of multiple November 2020 events on the company’s website.

“We have seen soaring interest in our events over the last few months as more companies of every size look to push their digital transformations forward,” said Terry Erisman, Executive Vice President of Corporate Development at GridGain Systems. “Our team of experts is always excited to share their wealth of information about how in-memory computing can support highly performant, massively scalable applications and enable vital new infrastructure strategies, such as digital integration hubs and HTAP.”


Webinars


  • How to Deploy Change Data Capture Using Debezium in Apache Ignite and GridGain

    – December 2, 2020 – Evgenii Zhuravlev, GridGain Customer Solutions Team Lead, will explain how Kafka with Debezium and GridGain connectors enables change data capture (CDC)-based synchronization between third-party databases and GridGain clusters. Webinar attendees will learn how to deploy such an architecture by configuring a Debezium Connector and a GridGain Certified Kafka Connector.


  • Apache Ignite Workshop: Developing Applications That Are Easy to Manage

    – 
    December 9, 2020 – Alexey Kukushkin, GridGain Professional Services Consultant, will discuss how to develop applications that are easy to manage, including the various methods for using Apache Ignite to develop manageable applications and the monitoring and managing tools that Apache Ignite provides.


Virtual


Meetups


  • In-Memory Computing Essentials for Java Developers and Architects with Java.IL


    November 30, 2020 – Denis Magda, GridGain Vice President of Developer Relations in R&D and Apache Ignite Committer and PMC Member, will introduce the fundamental capabilities of distributed, in-memory systems and will demonstrate how to tap into a cluster’s resources and how to negate any negative impact that the network might have on the performance of applications.


  • Apache Ignite Talks

    – December 8, 2020 – Ken Cottrell, GridGain Solution Architect and Mikhail Antonov, platform owner of the core banking system at Raiffeisen Bank, Russia, will co-host a meetup for the Apache Ignite community to learn more about how Apache Ignite is used for Raiffeisen Bank’s backend and how to work with Ignite compute grid and Drool. 


Conferences


  • jLove

    – December 4, 2020 – Denis Magda, GridGain Vice President of Developer Relations in R&D and Apache Ignite Committer and PMC Member, will present, “In-Memory Computing Essentials for Java Architects and Developers”. The session will introduce software engineers and architects to the fundamental capabilities of distributed, in-memory systems and provide guidance on how to tap into a cluster’s resources.

  • I


    n-Memory Computing Summit


    2020 Virtual Worldwide Conference


    On Demand
    The In-Memory Computing Summit is the only industry-wide event focusing on the full range of in-memory computing technologies and solutions. Nearly 1,100 people representing 581 organizations from 53 countries registered for the late October conference to hear speakers from Dell, IBM, Intel, M&T Bank, MemVerge, Oracle, Target, ScaleOut Software, GridGain and more discuss the latest in-memory computing technologies and best practices. All conference keynote and breakout session video recordings are available on-demand.

About GridGain Systems

GridGain Systems is revolutionizing real-time data access and processing by offering an in-memory computing platform built on Apache® Ignite®. Common use cases for the GridGain platform include application acceleration and as a digital integration hub for real-time data access across data sources and applications. GridGain solutions are used by global enterprises in financial services, software, e-commerce, retail, online business services, healthcare, telecom, transportation and other major sectors, with a client list that includes ING, Raymond James, American Express, Société Générale, Finastra, UPS, Hewlett Packard Enterprise, Microsoft, RingCentral, American Airlines, Agilent, and UnitedHealthcareING, Raymond James, American Express, Société Générale, Finastra, IHS Markit, ServiceNow, Marketo, RingCentral, American Airlines, Agilent, and UnitedHealthcare. GridGain delivers unprecedented speed, massive scalability, and real-time data access for both legacy and greenfield applications. Deployed on a distributed cluster of commodity servers, GridGain software can reside between the application and data layers (RDBMS, NoSQL and Apache® Hadoop®), requiring no rip-and-replace of the existing databases, or it can be deployed as an in-memory database. For more information, visit gridgain.com.

CONTACT:

Terry Erisman
GridGain Systems
[email protected]
(650) 241-2281

GridGain is a trademark or registered trademark of GridGain Systems, Inc. Apache, Apache Hadoop, Hadoop, Apache Ignite, Ignite, Apache Kafka, Kafka, Apache Spark, and Spark are trademarks of The Apache Software Foundation. All other product and company names herein may be trademarks of their registered owners.



Kleo Pharmaceuticals Announces Data Presentation on KPMW135, a Novel CD3 x CD20 Bispecific Molecule, and Conjugation Platform (MATE™) at The 62nd Annual Society of Hematology (ASH) Meeting

NEW HAVEN, Conn., Nov. 30, 2020 (GLOBE NEWSWIRE) — Kleo Pharmaceuticals, Inc., a targeted immunotherapy company developing fully synthetic bispecific therapies to redirect, enhance or replace antibodies, announced that it will present data on KPMW135, a novel CD3 x CD20 bispecific molecule, created by chemically conjugating a CD3- binder directly to rituximab (Rituxan®) using its multi-targeted antibody therapy enhancer (MATE) platform. Data will be presented at the upcoming 62nd American Society for Hematology (ASH) annual meeting, being held in a virtual format December 5- 8, 2020.

Details of the electronic presentation are as follows:

Title: KPMW135, a Biosuperior CD3 Bispecific Version of Rituximab Created by a Novel Chemical Conjugation Technology Demonstrates Increased Anti-Tumor Activity by Adding T Cell-Mediated Cytotoxicity Activity to the Existing Mechanisms of Rituximab
Number: 3009
Presenter: Christian Vidal, PhD
Program: Oral and Poster Abstracts
Session: 625. Lymphoma: Pre-Clinical—Chemotherapy and Biologic Agents: Poster III
Time and Location: Monday, December 7, 2020: 7:00 a.m. – 3 p.m. PST
Poster Hall (Virtual Meeting)

Kleo’s MATE platform enables site-directed chemical conjugation with off-the-shelf therapeutic antibodies to rapidly add or improve functionality to existing therapies. By MATE-ing a CD3 binder to rituximab, an anti-CD20 therapeutic monoclonal antibody used to treat B-cell lymphomas and lymphocytic leukemias, Kleo is able to retain rituximab’s existing mechanisms of action while adding potent and specific activation of T cells to destroy the tumor. In addition to oncology applications, the MATE platform is also being used to develop Kleo’s COVID-19 hyperimmune globulin mimic (HGM) therapy.

About Kleo Pharmaceuticals, Inc.

Kleo Pharmaceuticals is a targeted immunotherapy company that develops fully synthetic bispecific therapies to redirect, enhance or replace antibodies. The company was founded on the groundbreaking research of its scientific founder Dr. David Spiegel at Yale University. Kleo’s synthetic immunotherapy platform uses two chemistry-based approaches – antibody-redirecting molecule (ARM) and multi-targeted antibody therapy enhancer (MATE) – that help redirect and stimulate key components of the immune system to eradicate cancer cells and virulent pathogens. Compared to biologic therapies, Kleo’s compounds are smaller and more versatile, allowing for better tumor/tissue penetration, non-immunogenic for improved safety and higher dose levels, more efficient to produce and potentially orally bioavailable. They can be optimized against specified biological targets or combined with existing cell- or antibody-based therapies. Kleo investors include Biohaven Pharmaceutical Holding Company (NYSE:BHVN) and PeptiDream Inc. (Nikkei:PPTDF). For more information, visit www.kleopharmaceuticals.com.

CONTACT INFORMATION
LifeSci Advisors (Investors)
Irina Koffler
646-970-4681
[email protected]

Susan Kinkead (Media)
415-509-3610
[email protected]