Rns24 Jun 2020 08:06
Hemogenyx Chairman Receives Tang Prize
Hemogenyx Pharmaceuticals plc is pleased to announce that its Chairman, Sir Marc Feldmann, has been awarded the 2020 Tang Prize in Biopharmaceutical Science. The Tang Prize in Biopharmaceutical Science recognizes original biopharmaceutical or biomedical research that has led to significant advances towards preventing, diagnosing, and/or treating major human diseases to improve human health.
Sir Marc Feldmann has been awarded the Tang Prize for the development of cytokine-targeting biological therapies for the treatment of inflammatory diseases such as rheumatoid arthritis ("RA"). He was the first to demonstrate that diseased joints in patients suffering from RA have far more tumor necrosis factor ("TNF"), a pro-inflammatory cytokine, than normal. He went on to study the mechanisms of RA and proposed to target TNF for treating RA. He demonstrated that blocking TNF with a specific antibody reduced the inflammation in a mouse model of the disease, opening a path to the development of an anti-TNF antibody for the treatment of RA. Today, anti-TNF antibodies have become a standard therapy for treating RA and a multitude of inflammatory and autoimmune diseases.
For further information on the Tang Prize, please follow this link:
https://www.tang-prize.org/en/first.php
Upon learning of the honour, Dr Vladislav Sandler, CEO & Co-Founder of Hemogenyx Pharmaceuticals, commented: "We are thrilled that Sir Marc's transformative work has been recognized by this prestigious prize and we are fortunate to have such a distinguished scientist as our Chairman and advising the Company on its cutting edge cancer and autoimmune disease research and development."
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation No 596/2014 until the release of this announcement.
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