ExpreS2ion publishes video presentation
Hørsholm, Denmark, 05 September 2023 – ExpreS2ion Biotech Holding AB’s affiliate ExpreS2ion Biotechnologies ApS (“ExpreS2ion") announces that a filmed company presentation by CEO Bent U. Frandsen in which he presents an update on development of ExpreS2ion’s business model, pipeline assets, recent developments, TO 8 warrant program and advancement towards key catalysts is now available on the company’s website.
In the presentation, Frandsen emphasized the importance of the clinical proof-of-concept and Phase III validation of the Company’s ExpreS2TM technology within the Bavarian Nordic sponsored COVID-19 vaccine program, ABNCoV2. This proof-of-concept and validation is of paramount importance for ExpreS2ion as it confirms the efficacy and safety of a product based on the Company’s technology for the first time in a pivotal clinical setting. This is a positive indicator for other vaccines based on the ExpreS2TM technology.
Looking forward, Frandsen provided a concise overview of the Company’s potential future key catalysts, spanning both the near and long term:
- Monetization of focus pipeline assets, primarily ES2B-C001 through partnering and ABNCoV2 through license income
- Financing of new initiatives via non-dilutive financing
- Develop pipeline towards major value inflection points
- Strengthen the intellectual property rights and extract value from proprietary vaccine technologies
- Exploratory pipeline to build new internal assets in vaccine markets with unmet needs
- Focus on partnering activities for financing & risk sharing of assets
Finally, in the oral commentary it was clarified that the Company, with the recently announced strategic review, aims to extend its base case cash runway beyond 2024.
The presentation can be found on the Company’s investor website via the following link: https://investor.expres2ionbio.com/presentations/
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For further information about ExpreS2ion Biotech Holding AB, please contact:
Bent U. Frandsen, CEO
Keith Alexander, CFO
E-mail: investor@expres2ionbio.com
About ExpreS2ion
ExpreS2ion Biotechnologies ApS is a fully owned Danish subsidiary of ExpreS2ion Biotech Holding AB with company register number 559033-3729. ExpreS2ion has developed a unique technology platform, ExpreS2, for fast and efficient non-clinical development and production of complex proteins for new vaccines and diagnostics. ExpreS2 is regulatorily validated for clinical supply. The platform includes functionally modified glycosylation variants for enhanced immunogenicity and pharmacokinetics. Since 2010, the Company has produced more than 500 proteins and virus-like particles (VLPs) in collaboration with leading research institutions and companies. ExpreS2ion develops novel VLP based vaccines in association with AdaptVac ApS, of which ExpreS2ion owns 34%. For additional information, please visit www.expres2ionbio.com.