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RNS Number : 5173K RTW Biotech Opportunities Ltd 12 April 2024
LEI: 549300Q7EXQQH6KF7Z84
12 April 2024
RTW Biotech Opportunities Ltd
Portfolio Company Update: Artios Pharma
● RTW's, Chris Liu PhD, joins the Artios Pharma Board of Directors
● The Company's holding in Artios Pharma was significantly increased with the
recent Arix transaction, making it one of the top shareholders
RTW Biotech Opportunities Ltd (the "Company"), a London Stock Exchange-listed
investment company focused on identifying transformative assets with high
growth potential across the life sciences sector, is pleased to announce that
Chris Liu, PhD has been appointed to the Board of Directors at Artios Pharma
("Artios"). Chris is a Senior Research Analyst at RTW Investments, LP (the
"Investment Manager") where he leads oncology research efforts.
In February 2024, RTW Biotech Opportunities acquired the assets of Arix
Bioscience, plc, of which Artios Pharma was the largest position. The
transaction significantly added to the Company's existing position in Artios.
At 31 March 2024, Artios represented 4.6% of the Company's NAV.
Artios is a Cambridge, UK-based company developing breakthrough cancer
treatments that target DNA Damage Response (DDR) pathways to specifically
destroy certain devastating cancers that are difficult to treat.
Chris Liu, PhD, commented: "RTW is now a top shareholder of Artios following
the acquisition of Arix. The expansion of our equity interest reflects our
confidence and excitement in Artios' innovative platform targeting broad
aspects of the DNA damage response. I look forward to partnering with the team
and the Board to support them in their mission to bring new therapies to
patients suffering from difficult to treat solid tumors."
Artios' announcement can be found on their website: https://artios.com/
(https://www.artios.com/press-release/artios-pharma-bolsters-board-of-directors-with-appointment-of-chris-liu-phd/)
.
For Further Information
RTW Investments, LP +44 20 7959 6361
Woody Stileman, Managing Director, Business Development biotechopportunities@rtwfunds.com (mailto:biotechopportunities@rtwfunds.com)
Krisha McCune, Director, Investor Relations
Buchanan (PR & Communications Adviser) +44 20 7466 5107
Charles Ryland
Henry Wilson
George Beale
Deutsche Numis (Joint Corporate Broker) +44 20 7260 1000
Freddie Barnfield
Nathan Brown
Euan Brown
BofA Securities (Joint Corporate Broker) +44 20 7628 1000
Edward Peel
Alex Penney
Cadarn Capital (Distribution & IR Partner) +44 73 6888 3211
David Harris
Elysium Fund Management Limited +44 14 8181 0100
Joanna Duquemin Nicolle, Chief Executive Officer
Sadie Morrison, Managing Director
Morgan Stanley Fund Services USA LLC +1 914 225 8885
About Biotech Opportunities Ltd:
RTW Biotech Opportunities Ltd (LSE: RTW & RTWG) is an investment fund
focused on identifying transformative assets with high growth potential across
the biopharmaceutical and medical technology sectors. Driven by a long-term
approach to support innovative businesses, RTW Biotech Opportunities Ltd
invests in companies developing next-generation therapies and technologies
that can significantly improve patients' lives. RTW Biotech Opportunities Ltd
is managed by RTW Investments, LP, a leading healthcare-focused
entrepreneurial investment firm with deep scientific expertise and a strong
track record of supporting companies developing life-changing therapies.
Visit the website at www.rtwfunds.com/rtw-biotech-opportunities-ltd
(https://www.rtwfunds.com/rtw-biotech-opportunities-ltd/) for more
information.
***********
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