SYM - 15582

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  • GlobeNewswire

    Symphogen publishes discovery and pre-clinical data on first chicken-derived antibody to enter human clinical trials

    Symphogen, a private clinical stage oncology focused biopharmaceutical company with a productive antibody discovery engine and innovative immuno-oncology pipeline, announced today the publication of discovery and preclinical data on the first-in-man chicken-derived antibody directed at the immune checkpoint target PD1. Chickens are evolutionarily more distant from humans than rodent species typically used to generate therapeutic antibodies. Symphogen has demonstrated that its humanized chicken-derived antibodies have unique properties compared to antibodies generated by traditional means.

  • GlobeNewswire

    Symphogen announces new capital raise and explores strategic options

    Today, Symphogen called for an ordinary shareholders meeting to be held on 29 May 2019. At the meeting, Symphogen’s Board of Directors will propose to raise new capital through a pre-emptive issue of new preferred shares and warrants to existing shareholders. A group of existing shareholders being: Novo Holdings, Essex Woodlands Healthcare, Sunstone and PKA have underwritten to subscribe for up to DKK 572 million in the pre-emptive offer and by way of exercise of warrants of which DKK 182 million will be subscribed for through conversion of debt.

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