Ensysce Biosciences to Begin Trading its Common Stock on The Nasdaq Capital Market on July 2, 2021

On July 1, 2021 Ensysce Biosciences, Inc. ("Ensysce" or the "Company") (NASDAQ: ENSC, OTC: ENSCW) reported that the Company will begin trading its common stock under the ticker symbol "ENSC" on The Nasdaq Capital Market and warrants under the ticker symbol "ENSCW" on the OTC Market on July 2, 2021 (Press release, Ensysce Biosciences, JUL 1, 2021, View Source [SID1234585502]).

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As previously announced, the Company closed its merger with Leisure Acquisition Corp. ("LACQ") on June 30, 2021, which was approved by LACQ’s shareholders on June 28, 2021.

Hubro Therapeutics raises 61.5 million NOK in funding

On July 1, 2021 Hubro Therapeutics, a clinical stage company advancing a pipeline of proprietary peptide cancer vaccines, reported that successful closing of a private placement that will allow the company to initiate clinical development of its lead product candidate FMPV-1 targeting TGFbR2 neo-antigen present in colorectal-, stomach and endometrial-cancer (Press release, Hubro Therapeutics, JUL 1, 2021, View Source [SID1234584938]).

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Hubro Therapeutics announced today that the company has raised 61,5 million NOK (≈6,5 mill.euro) in a heavily oversubscribed financing round backed by existing investors Jandersen Kapital, Investinor, RADFORSK Investeringsstiftelse, Algot Invest and others. The company is grateful for existing shareholders’ continued belief in the company. The company also welcomed new investors, most notably Canica Holding AG who was offered about fifty percent of the newly issued shares.

Shuwen Biotech and Stella Maris Medical Alerts LDA Announce Partnership to Commercialize Uromonitor® in China

On July 1, 2021 Shuwen Biotech reported that a partnership between the two companies for commercializing in China Uromonitor, a proprietary molecular test for detecting bladder cancer and monitoring bladder cancer recurrence through a non-invasive method (Press release, Shuwen Biotech, JUL 1, 2021, View Source [SID1234584752]).

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Under the terms of the agreement, Shuwen will distribute Uromonitor and offer testing services with Uromonitor in its CAP-accredited clinical labs in China.

Uromonitor is a CE-certified novel urine-based test for non-muscle invasive bladder cancer. It can be used for detecting the tumor in patients under recurrence surveillance or suspected of bladder cancer (e.g. hematuria), ancillary to cystoscopy and urine cytology. It has been validated in multicenter studies and exhibits high sensitivity and specificity.

"We are pleased to take on Uromonitor in China to offer bladder cancer patients and their physicians an innovative and accurate test for early diagnosis and early detection of cancer recurrence," commented Jay Z. Zhang, Chairman and CEO of Shuwen Biotech. "Uromonitor also adds to our growing portfolio of cancer testing products. And this partnership is another step towards our goal of benefiting patients with a full menu of the most innovative diagnostic tests for disease prevention, diagnosis and personalized treatment."

André Caldeira, VP of Stella Maris Medical Alerts, commented: "We are pleased to partner with Shuwen, a leading innovative diagnostic company in China. The collaboration with Shuwen provides us access to the Chinese market allowing Uromonitor to benefit Chinese patients. We hope that in the near future we will be able to drastically reduce cystoscopies in China."

Exacis Biotherapeutics Makes Strategic Investment In Manufacturing By Hiring Head Of Technical Operations and Securing Space In A GMP Cleanroom Facility Recently Completed By Factor Bioscience

On July 1, 2021 Exacis Biotherapeutics, Inc., a development-stage immuno-oncology company working to harness the immune system to cure cancer, reported two significant advances in its manufacturing capabilities. Exacis’ is partnering with parent Factor Bioscience to produce its iPSC-derived CAR-T and NK cells within a GMP cleanroom facility built by Factor, and Exacis has hired Bryan Jones PhD as its Head of Technical Operations.

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Exacis’ parent company, Factor Bioscience, recently completed construction of a 5,000 square foot GMP cleanroom facility at its Cambridge, Massachusetts headquarters. The facility includes two ISO Class 7 cleanrooms and is designed to enable production of advanced mRNA, gene-editing, and cell therapy products to support all phases of clinical development. Exacis will use this new facility to produce its allogeneic mRNA engineered cell-therapy product candidates for non-clinical and clinical testing.

Exacis’ next generation approach avoids the use of DNA and viruses and instead uses proprietary, innovative mRNA-based technology. This technology is used for generating iPSCs and for performing gene editing to create potent, targeted, allogeneic (off-the-shelf) cell therapy products, termed ExaCAR-T and ExaCAR-NK cells. The company anticipates that the Factor GMP cleanroom facility will have sufficient capacity to support its programs through late-stage clinical development.

Matthew Angel, PhD, CEO of Factor Bioscience, Exacis’ parent company, added, "We invested in constructing our GMP cleanroom facility to give our partners more control over the manufacturing aspects of their cell-therapy programs. We look forward to supporting Exacis as it advances its engineered NK-cell and T-cell programs through clinical development."

Bryan Jones, PhD, Head of Technical Operations

Dr. Jones joins the company with 30 years of drug development experience in a variety of roles including at the C-suite level which allows him to contribute across many dimensions. Most recently, he was Chief Operating Officer at Sollis Therapeutics. Immediately prior, he was Vice President of Operations at Sorrento Therapeutics, a leading therapeutic antibody company and one of the early adopters of cell therapy. Dr. Jones will oversee the buildout of the Manufacturing and Quality Operations working alongside Factor Bioscience in the new facility. "The high cost and long lead times required for cell therapy manufacturing are major issues that have hindered the progress of developing new treatments," said Dr. Jones. "The Exacis technology brings several significant advances that will allow for greater adoption of these highly targeted medicines."

Exacis CEO Gregory Fiore MD commented, "We are excited to announce these major steps forward in our ability to maintain control of our own cell supply and its quality. Adding Bryan as head of Technical Operations and securing a dedicated GMP manufacturing capacity within the Factor facility allows us to produce our unique and high quality cells on our own timeline as we progress toward the clinic."

Release according to Article 111c of the AktG [the German Stock Corporation Act] with the objective of Europe-wide distribution

On July 1, 2021 Epigenomics AG (Frankfurt Prime Standard: ECX, OTCQX: EPGNY; the "Company") reported that has entered into an agreement with its shareholder Deutsche Balaton Aktiengesellschaft ("Balaton") on June 11, 2021, under which Balaton is obligated to underwrite a mandatory convertible bond to be issued by the Company in an aggregate principal amount of up to EUR 18,150,000.00 by exercising its subscription rights and by acquiring notes which have not been subscribed by the shareholders in the subscription offer ("back-stop agreement") (Press release, Epigenomics, JUL 1, 2021, View Source [SID1234584591]). For further information on the mandatory convertible bond and the back-stop agreement, please refer to the ad hoc announcement.

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In order to provide the shareholders of the Company with a complete picture, the Company informs in addition to the ad hoc announcement that Balaton is indirectly controlled by Mr. Wilhelm K. T. Zours according to the voting rights announcement published on May 27, 2021. According to the same voting rights announcement, Mr. Wilhelm K. T. Zours indirectly controls 23.02% of the Company’s voting rights via Balaton and other companies directly and indirectly controlled by him. On this basis, the Company assumes as a precautionary measure that Mr. Wilhelm K. T. Zours, and thus also Balaton, are related parties of the Company pursuant to Section 111a (1) sentence 2 AktG.

In this context, the Company announces that, pursuant to the back-stop agreement, it is obliged to offer the notes not subscribed by the other shareholders to Balaton for purchase. In return for its obligations to exercise its subscription right and to acquire the notes not subscribed by the other shareholders, Balaton is further entitled to a commission in the amount of 3.5% of the maximum total subscription price of EUR 18,150,000.00, i.e. in the amount of EUR 635,250.00. The Company is entitled to terminate the back-stop agreement with Balaton or, subject to certain conditions, to reduce the commission payable to Balaton if a third party offers to enter into the obligation with the Company to purchase the notes not subscribed by the remaining shareholders at a lower commission.

The Executive Board assesses the terms of the back-stop agreement as appropriate. The Supervisory Board approved the conclusion of the back-stop agreement on June 11, 2021.