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Pin to quick picksBiVictrix Therapeutics Regulatory News (BVX)

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Expansion of Therapeutic Pipeline

23 Feb 2022 07:00

RNS Number : 4803C
BiVictriX Therapeutics PLC
23 February 2022
 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

 

BIVICTRIX THERAPEUTICS PLC

("BiVictriX" or "the Company")

 

 

BiVictriX announces expansion of its therapeutic pipeline with two additional drug discovery programmes

 

Alderley Park, 23 February 2022 - BiVictriX Therapeutics plc (AIM: BVX), an emerging biotechnology company applying a novel approach to develop next generation cancer therapies using insights derived from frontline clinical experience, today announces the expansion of the Company's therapeutic pipeline with two additional programmes, BVX002 and BVX003, both entering the early stages of drug development.

 

BVX002 and BVX003 target novel cancer-specific twin antigen fingerprints, incorporating the Company's proprietary Bi-Cygni® technology, alongside the established and validated Antibody Drug Conjugate (ADC) mechanism-of-action, to form the next-generation of Bi-Cygni® ADCs with superior cancer selectivity. These programmes enable the targeting of several haematological and solid tumour cancer indications and will be developed alongside BiVictriX's lead asset, BVX001, which has a lead indication in Acute Myeloid Leukaemia (AML). This pipeline expansion demonstrates the broad utility of the Bi-Cygni® approach across a wide range of solid tumour and haematological cancer types which constitute areas of significant unmet medical need, and further highlights the potential expansion of the platform in novel areas of immuno-oncology.

 

The pipeline expansion follows the Company's recent filing of four new patent applications to further strengthen its growing intellectual property portfolio in the UK and internationally. The patents, which will form part of a new patent family for BiVictriX, relate to several novel cancer-specific antigen pairs or "fingerprints" across a range of oncology indications, which have been identified by the Company.

 

Tiffany Thorn, Chief Executive of BiVictriX, commented: "This is an exciting announcement for the Company. The expansion of our current therapeutic pipeline to include two additional programmes moving into the early stages of development is a significant milestone and enables BiVictriX to demonstrate the broad utility of its promising new approach to cancer therapeutic development across a wide range of difficult-to-treat cancers, including both solid tumour and haematological indications that currently represent areas of urgent unmet medical need. We are focused on working to fast-track the development of these two new programmes alongside our lead asset, BVX001, to reach early preclinical proof of concept in the short to medium term."

 

For more information, please contact:

 

BiVictriX Therapeutics plc

 

Tiffany Thorn, Chief Executive Officer

Iain Ross, Chairman

 

 

 

Email: info@bivictrix.com

 

 

SP Angel Corporate Finance LLP (NOMAD and Broker)

Tel: +44 (0) 20 3470 0470

 

David Hignell, Caroline Rowe (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

 

 

Consilium Strategic Communications

 

Mary-Jane Elliott, Genevieve Wilson, Alex Gunter

Tel: +44 (0) 20 3709 5700

Email: 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 class of highly selective, next generation cancer therapeutics which exhibit superior potency, whilst eliminating treatment-related toxicities.

 

The Company utilises a first-in-class approach to generate a proprietary pipeline of Bi-Cygni® therapeutics which are designed to selectively target antigen co-expression fingerprints, or "twin antigens", on tumour cells, which are largely absent from healthy cells. Whereas this concept has been validated in a clinical diagnostic setting to support the diagnosis and monitoring of haematological cancers, it has not yet been widely used in a therapeutic setting.

 

BiVictriX has identified a diverse panel of novel cancer-specific "twin antigens", across a broad range of cancer indications including Diffuse Large B Cell Lymphoma, Acute Myeloid Leukaemia and Blastic Plasmacytoid Dendritic Cell Neoplasm. The Company is using these novel "twin-antigens" to develop more effective and safer therapeutics to target cancers that are expected to constitute orphan indications and currently constitute areas of high unmet medical need.

 

Find out more about BiVictriX online at www.bivictrix.com  

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Date   Source Headline
26th Jun 20247:00 amRNSPublication of 2023 Annual Report & Notice of AGM
13th Jun 20247:00 amRNSCompelling Safety Profile of BVX001
6th Jun 20247:00 amRNSInnovate UK Grant Award to Accelerate ADC Pipeline
31st May 20248:44 amRNSBiVictriX – Full Year Results 2023
17th Apr 20247:00 amRNSOrphan Drug Designation & FDA INTERACT Meeting
28th Mar 20247:00 amRNSGrant of Options – PDMR/Director Dealings
4th Jan 202412:30 pmRNSHolding(s) in Company
4th Jan 202412:30 pmRNSHolding(s) in Company
4th Jan 20247:00 amRNSBiVictriX Hosts Inaugural Roundtable Discussion
5th Dec 202311:08 amRNSBoard Change
30th Nov 20237:00 amRNSPipeline update on BVX002
22nd Nov 20235:14 pmRNSHolding(s) in Company
15th Nov 20237:00 amRNSPatent Granted in Japan
12th Oct 20237:00 amRNSExtended Survival Rates Reported with BVX001
3rd Oct 20237:00 amRNSAppointment of Adrian Howd as CFO and CBO
19th Sep 20237:00 amRNSInterim Results
31st Aug 20237:00 amRNSTotal Voting Rights
23rd Aug 20237:00 amRNSUS Patent Granted
17th Aug 20237:00 amRNSHolding(s) in Company
16th Aug 20236:00 pmRNSHolding(s) in Company
11th Aug 20234:17 pmRNSHolding(s) in Company
8th Aug 20235:18 pmRNSResult of General Meeting
19th Jul 20236:16 pmRNSResult of Conditional Fundraise
19th Jul 202312:31 pmRNSProposed Fundraise in excess of £2 million
17th Jul 20237:00 amRNSPositive final data in preclinical efficacy study
19th Jun 20237:00 amRNSPositive interim data
6th Jun 20237:00 amRNSBiVictriX nominates clinical candidate for BVX001
4th May 20234:36 pmRNSResult of Annual General Meeting
31st Mar 20237:00 amRNSPublication of Annual Report and Notice of AGM
30th Mar 20237:00 amRNSBiVictriX Full Year Results
1st Mar 20237:01 amRNSAppointment of Alex Hughes as CFO
31st Jan 20237:08 amRNSBiVictriX reports positive BVX001 preclinical data
24th Jan 20234:21 pmRNSHolding(s) in Company
19th Jan 202311:00 amRNSHolding(s) in Company
19th Jan 20237:00 amRNSHolding(s) in Company
16th Jan 20234:32 pmRNSHolding(s) in Company
6th Jan 20237:00 amRNSBiVictriX: Board Change
12th Dec 202211:38 amEQSBiVictriX Therapeutics makes 'fundamental step forward'
7th Dec 20227:00 amRNSBiVictriX identifies lead for BVX001 programme
28th Sep 202210:40 amRNSHolding(s) in Company
27th Sep 20227:00 amRNSHolding(s) in Company
15th Sep 20223:36 pmRNSDirector Dealing
13th Sep 20227:00 amRNSDirector Dealing
12th Sep 20227:00 amRNSBiVictriX Interim Results
11th Jul 20227:00 amRNSPipeline update
5th Jul 20229:16 amRNSHolding(s) in Company
25th Apr 20229:30 amRNSBiVictriX AIM Rule 17 Notice
31st Mar 20222:59 pmRNSResult of AGM
30th Mar 20221:33 pmRNSHolding(s) in Company
25th Mar 20225:48 pmRNSHolding(s) in Company
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