Compass Therapeutics Expands Leadership Team with Appointments of Chief Medical Officer and Chief Financial Officer

On December 19, 2018 Compass Therapeutics, a biotechnology company committed to the ambitious goal of comprehensively drugging the human immune system, reported the appointment of veteran biopharma leaders Yu Liu, M.D., Ph.D., MBA, as chief medical officer and Lynne Sullivan as chief financial officer (Press release, Compass Therapeutics, DEC 19, 2018, View Source [SID1234532145]).

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Dr. Liu, who most recently served as vice president and head of early clinical development at Pfizer, will oversee Compass’ development of a deep pipeline of immuno-oncology and autoimmune disease candidates. The company’s lead candidate, CTX-471, a fully human monoclonal antibody that induces remodeling of the tumor microenvironment and leads to immune-mediated destruction of solid tumors, is expected to enter the clinic in the first quarter of 2019. More than 15 therapeutic candidates are advancing through preclinical development and the research team continues to generate an exciting array of novel candidates through the company’s proprietary antibody development platform.

Ms. Sullivan, who most recently served as senior vice president, finance at Biogen, will lead financial planning and management at Compass at a time of significant growth for the company.

"Yu and Lynne bring essential skills and expertise to Compass as we prepare to take our lead program into the clinic in the coming months," said Thomas Schuetz, M.D., Ph.D., the company’s co-founder and chief executive officer. "Their depth of experience and the strength of their leadership will serve us well, and we’re excited to welcome them aboard."

At Pfizer, Dr. Liu oversaw early clinical development of the company’s pipeline candidates in internal medicine, rare disease and inflammation/ immunology. Prior to Pfizer, Dr. Liu led Biogen’s early clinical development effort in rare disease, with an emphasis on cell and gene therapy. Earlier, he held various leadership roles at Bristol-Myers Squibb, culminating in his position as vice president of the oncology business unit, based in Shanghai, China. Previously Dr. Liu held positions at Essentialis Therapeutics and Amgen. Dr. Liu trained in internal medicine at Massachusetts General Hospital. He received his Ph.D. in immunology from Boston University and his MBA in finance from University of Massachusetts, Boston. He also completed a residency scholarship program in clinical research at the Harvard School of Public Health.

At Biogen, Ms. Sullivan moved through positions of increasing responsibility during her more than 10-year tenure and was named senior vice president of finance in 2015. In that role, she led financial planning and analysis, corporate finance and tax functions for Biogen’s global operations. Prior to Biogen, Ms. Sullivan served as a vice president overseeing tax function for Merck KGaA’s North American operationsand was Serono’s Vice President, Tax, Americas and International for seven years. She was a Tax Partner in the Boston office of Arthur Andersen prior to joining Serono. She currently serves as director and chair of the audit committee for both resTORbio and Solid Biosciences. Ms. Sullivan earned a bachelor’s degree in accounting from Suffolk University and a master’s in taxation from Bentley University. She is also a CPA in Massachusetts.

Acorda to Present at the 37th Annual J.P. Morgan Healthcare Conference

On December 19, 2018 Acorda Therapeutics, Inc. (Nasdaq:ACOR) reported that Ron Cohen, M.D., Acorda’s President and CEO, will present at the 37th Annual J.P. Morgan Healthcare Conference in San Francisco on Wednesday, January 9 at 8:00am PST / 5:00am EST (Press release, Acorda Therapeutics, DEC 19, 2018, View Source [SID1234532143]).

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A live audio webcast of the presentation can be accessed under "Investor Events" in the Investor section of the Acorda website at www.acorda.com, or you may use the link:

Centers for Medicare & Medicaid Services issue official 2019 Clinical Lab Fee Schedule including Epi proColon®

On December 19, 2018 Epigenomics AG (Frankfurt Prime Standard: ECX, OTCQX: EPGNY) reported that the Centers for Medicare & Medicaid Services (CMS) have issued its official 2019 Clinical Lab Fee Schedule (CLFS) on December 14, 2018, including the final reimbursement rate of $192 for Epi proColon, the first and only FDA-approved blood test for colorectal cancer screening (Press release, Epigenomics, DEC 19, 2018, View Source [SID1234532142]). Epigenomics is confident that this new rate, which is a 130% increase from the originally published Medicare rate of $83.67 in 2017, will lead to increased sales in 2019. Epigenomics will provide 2019 guidance on the next earnings call, which will take place on March 27, 2019, on the occasion of the 2018 full-year results. The finalization of the rate increase is another important step for Epigenomics on its way to reimbursement, as per Protecting Access to Medicare Act (PAMA) regulations the rate of $192 per test will remain unchanged for at least three years.

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Epigenomics gives update on the Donald Payne Sr. Colorectal Cancer Detection Act

Furthermore, Epigenomics has briefed the CBO (Congressional Budget Office) on HR 6919, the Donald Payne Sr. Colorectal Cancer Detection Act, and provided additional information about the colorectal screening market. There is no formal estimate on the CBO score at this time, but we will continue to provide updates if new information becomes available.

Agilent Technologies to Present at Goldman Sachs Healthcare CEO Conference and JP Morgan Healthcare Conference

On December 19, 2018 Agilent Technologies Inc. (NYSE: A) reported the following webcasts for the investment community (Press release, Agilent, DEC 19, 2018, http://www.agilent.com/about/newsroom/presrel/2018/19dec-gp18064.html [SID1234532141]):

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11th Annual Goldman Sachs Healthcare CEO Conference
New York City
Thursday, January 3, 2019
9:30am – 10:10am ET
Mike McMullen, Agilent president and chief executive officer

37th Annual J.P. Morgan Healthcare Conference
Westin St. Francis Hotel, San Francisco, California
Tuesday, January 8, 2019
9:30am – 10:00am PT
Mike McMullen, Agilent president and chief executive office

MannKind Announces Commencement of Public Offering

On December 19, 2018 MannKind Corporation (Nasdaq: MNKD) (MannKind) reported that it has commenced an underwritten public offering to issue and sell shares of its common stock and warrants to purchase shares of its common stock (Press release, Mannkind, DEC 19, 2018, View Source [SID1234532140]). The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

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Leerink Partners is acting as sole book-running manager for the offering.

The securities described above are being offered by MannKind pursuant to a shelf registration statement on Form S-3 (No. 333-210792) previously filed by MannKind with the Securities and Exchange Commission (SEC) on April 18, 2016 and declared effective on April 27, 2016. The offering will be made only by means of a written prospectus and prospectus supplement that form part of the registration statement. A preliminary prospectus supplement related to the offering and accompanying prospectus will be filed with the SEC and will be available on the SEC website located at View Source Copies of the preliminary prospectus supplement and the accompanying prospectus related to the offering, when available, may be obtained from Leerink Partners LLC, Attention: Syndicate Department, One Federal Street, 37th Floor, Boston, MA 02110, telephone: (800) 808-7525, ext. 6132, or by email at [email protected].

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of any securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.