REG - BiVictriX Therapcts. - Board Change

Bivictrix TherapeuticsAnnouncement

05/12/2023 11:15

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RNS Number : 7411V  BiVictriX Therapeutics PLC  05 December 2023

 

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BIVICTRIX THERAPEUTICS PLC

("BiVictriX" or the "Company")

 

 

Board Change

 

 

Alderley Park, 5 December 2023 - BiVictriX Therapeutics plc (AIM: BVX), an
emerging biotechnology company applying a differentiated approach to develop
novel, next-generation anti-cancer precision Antibody Drug Conjugates,
offering substantially improved cancer cell selectivity and therapeutic
activity, announces that Non-Executive Director, Iain Ross, is stepping down
from the board with immediate effect to pursue other interests.

 

During his time at BiVictriX, Iain Ross acted as Chairman and oversaw the
Company's successful IPO in 2021 and its growth from Proof-of-Concept, toward
nominating a clinical candidate for the first programme BVX001.  He moved to
Non-Executive Director on 6 January 2023, where he offered the Company his
continued support as it developed its lead assets within the Antibody Drug
Conjugate space.

 

A Nomination Committee, consisting of Non-Executive Directors and chaired by
Dr. Michael Kauffman, will initiate a search for Iain's replacement with
appropriate skills to help move the Company forward, in anticipation of its
first clinical trials in patients with Acute Myeloid Leukaemia.

 

Dr Michael Kauffman, Chairman of BiVictriX, said: "On behalf of the Board, I
would like to thank Iain for his contributions to BiVictriX over the last two
years, and the Board would like to wish him all the very best for the future."

 

 

 ENDS

 For more information, please contact:

BiVictriX Therapeutics plc
 Tiffany Thorn, Chief Executive Officer

 Michael Kauffman, Non-Executive Chairman             Email: info@bivictrix.com (mailto:info@bivictrix.com)

 SP Angel Corporate Finance LLP (NOMAD and Broker)      Tel: +44 (0) 20 3470 0470
 David Hignell, Kasia Brzozowska (Corporate Finance)

 Vadim Alexandre, Rob Rees (Sales and Broking)

 Panmure Gordon (UK) Limited (Joint Broker)             Tel: +44 (0) 20 7886 2500
 Rupert Dearden/Freddy Crossley/Emma Earl

 ICR Consilium
 Mary-Jane Elliott, Namrata Taak,                     Tel: +44 (0) 20 3709 5700

 Max Bennett, Emmalee Hoppe                           Email: Bivictrix@consilium-comms.com (mailto:Bivictrix@consilium-comms.com)

 

 

About BiVictriX Therapeutics plc

BiVictriX is a UK-based drug discovery and development company which is
focused on leveraging clinical experience to develop a new class of highly
selective, next generation cancer therapeutics which exhibit superior potency,
whilst significantly reducing treatment-related toxicities.

 

The Company utilises a first-in-class approach to generate a proprietary
pipeline of Bi-Cygni® Antibody Drug Conjugate therapeutics which are designed
to selectively target cancer-specific antigen pairs, or "Bi-Cygni®
fingerprints", on tumour cells, which are largely absent from healthy cells.

 

BiVictriX has established a growing proprietary library of cancer-specific
Bi-Cygni® fingerprints, which enable the Company to target a diverse array of
different cancer types. The Company utilises these novel Bi-Cygni®
fingerprints, together with the Company's novel Antibody Drug Conjugate
therapeutic design, to develop more effective and safer therapeutics to target
cancers that are expected to constitute orphan indications and areas of high
unmet medical need.

 

Find out more about BiVictriX online at www.bivictrix.com
(http://www.bivictrix.com/)

 

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