REG - Malin Corp PLC - Immunocore names Head of R&D

MalinAnnouncement

16/01/2019 07:05

RNS Number : 1961N
Malin Corporation PLC
16 January 2019
 


 
Malin Corporation plc
 
("Malin")
 
Immunocore names David Berman as

Head of Research & Development
 
-     Malin owns approximately 10% of Immunocore, a Malin Priority Portfolio Asset -
 
Dublin-Ireland, 16 January 2019: Malin Corporation plc (ISE:MLC), a company investing in highly innovative life sciences companies, is pleased to note that Immunocore has named David Berman as its new Head of Research & Development (R&D).
 
David joined Immunocore in September 2018 to advance Immunocore's lead asset, IMCgp100, towards commercialisation and progress Immuocore's growing pipeline of T Cell Receptor (TCR) candidates through clinical development. Prior to joining Immunocore, David was most recently Senior Vice President and Head of the AstraZeneca Immuno-oncology (IO) Franchise, responsible for the strategic development and execution of its late-stage IO programme. David also previously served as Head of the early-stage oncology progamme at MedImmune, and Head of the Immuno-oncology exploratory development team at Bristol-Myers Squibb.
 
"David Berman is an established leader in the field of immuno-oncology and his appointment as Head of R&D of Immunocore further demonstrates the potential of the company's technology pipeline" said Jean-Michel Cosséry, Non-Executive Director of Malin and Malin's Immunocore Board designate. "With David's exceptional expertise in developing novel IO targets and combinations, he is ideally qualified to drive Immunocore's growing pipeline of TCR candidates through clinical development and commercialisation."

Malin owns approximately 10% of Immunocore and carried its investment in Immunocore at €85.1 million at 30 June 2018 in its portfolio fair value estimate under International Private Equity Valuation guidelines.
 
A copy of Immunocore's press release is available to view here: https://www.immunocore.com/news-hub/news 
 
ENDS
 
For further information, please contact:
 
Malin
Jessica Bergin, Director of Investor Relations & External Reporting
Tel: +353 (0)1 901 5700
investorrelations@malinplc.com
 
Consilium Strategic Communications (Financial PR)
Mary-Jane Elliott / Jonathan Birt
Tel: +44 (0)20 3709 5700
malin@consilium-comms.com
 
Powerscourt (Ireland PR)           
Eavan Gannon                                              
Tel: +353 87 236 5973                            
malin@powerscourt-group.com                                                                          
 
Davy Corporate Finance (ESM Adviser)
Brian Garrahy / Daragh O'Reilly
Tel: +353 1 679 6363
 
About Malin Corporation plc
Malin (ISE:MLC) is a company investing in highly innovative life sciences companies. Its purpose is to create shareholder value through the application of long-term capital and operational and strategic expertise to a diverse range of global healthcare businesses. Malin has a focus on innovative businesses underpinned by exceptional science and works with its investee companies, providing strategic and financial support to enable them to reach their value potential. Malin is headquartered and domiciled in Ireland and listed on Euronext Dublin. For more information visit www.malinplc.com 
 




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