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TRVX - Targovax ASA News Story

NOK7.75 0.3  3.3%

Last Trade - 18/09/20

Sector
Healthcare
Size
Small Cap
Market Cap £50.2m
Enterprise Value £47.1m
Revenue £241k
Position in Universe 997th / 1794

Targovax to present at upcoming conferences

Mon 6th March, 2017 6:00am
Targovax to present at upcoming conferences

Oslo, Norway, 6 March 2017: Targovax ASA ("Targovax" or "the Company"; OSE: TRVX), a clinical stage company focused on developing immuno-oncology therapies to target, primarily, treatment-resistant solid tumors, announces that members of its senior management will present at the following life sciences and investor conferences:

10th European Life Science CEO Forum (hosted by Sachs Associates)
Date: 7 March 2017
Venue: Hilton Zurich Airport Hotel, Zurich, Switzerland
Panel discussion time: 11:10 CET - Advances in Immuno-Oncology Therapeutics Panel
- Magnus Jderberg (CMO)
Presentation time: 12:25 CET
- ystein Soug (CEO)

Redeye - Fight Cancer Seminar
Date: 10 March 2017
Venue: Redeye, Stockholm, Sweden
Presentation time: 10:50 CET
Participants: ystein Soug (CEO)

11th Annual BIO-Equity Spring 2017 Conference
Date: 20-22 March 2017
Venue: CCIB Convention Centre in Barcelona, Spain
Participants: ystein Soug (CEO) and Peter Skorpil (VP Business Development)

The presentations will be available to download at www.targovax.com following these events.

For further information, please contact:
Renate Birkeli, Investor Relations
Phone: +47922 61 624
Email: renate.birkeli@targovax.com

Media and IR enquires:
Jan Petter Stiff - Crux Advisers (Norway)
Phone: +47 995 13 891
Email: stiff@crux.no

Julia Phillips/Simon Conway - FTI Consulting (International)
Phone: +44 20 3727 1000
Email: Targovax@fticonsulting.com

About Targovax
Arming the patient's immune system to fight cancer

Targovax is a clinical stage company focused on developing and commercializing novel immuno-oncology therapies to target, primarily, treatment-resistant solid tumors. Immuno-oncology is currently one of the fastest growing therapeutic fields in medicine.

The Company's development pipeline is based on two novel proprietary platforms:

The first platform, ONCOS, uses oncolytic viruses, an emerging class of biological therapy. ONCOS exclusively uses an adenovirus that has been engineered to be a tumor-targeted immune activator. The platform has the potential to generate therapies with superior efficacy and safety compared to the first approved oncolytic virus therapy, Imlygic, launched by Amgen. We continue to expect key proof of concept data for this platform in 2017 from a clinical study of lead program ONCOS-102 in patients with refractory malignant melanoma.

The second platform, TG-Peptides (TGP), solely targets tumors that express mutated forms of the RAS protein. Mutations to this protein are common in many cancers and are known to drive aggressive disease progression and treatment resistance. There is a high unmet medical need for therapies that are effective against tumors that express these mutations. The TGP platform's therapeutic potential stems from its ability to enable a patient's immune system to identify and then destroy tumors bearing any RAS mutations. In early 2017, key proof of concept data for the TGP platform from a clinical study of TG01 in resected pancreatic cancer patients showed encouraging overall survival and will determine plans for the future clinical development of this platform.

Targovax's development pipeline has three novel therapeutic candidates in clinical development covering six indications. Already promising safety and tolerability data and early signs of clinical response have been demonstrated.

Both platforms are protected by an extensive portfolio of IP and know-how and have the potential to yield multiple product candidates in a cost-effective manner. We have a number in early stages of development in addition to the three outlined above.

In July, 2016 the Company listed its shares on Oslo Axess.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Targovax ASA via Globenewswire

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