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Market Cap: £233.50m
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Directorate Change

14 Oct 2015 07:00

RNS Number : 1659C
Scancell Holdings Plc
14 October 2015
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14 October 2015

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Scancell Holdings Plc

('Scancell' or the "Company")

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Scancell strengthens operational and clinical development expertise

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Scancell Holdings Plc, (AIM:SCLP), the developer of novel immunotherapies for the treatment of cancer, today announces the appointments of Dr John Chiplin to the Board of Scancell as a Non-Executive Director, and Dr Peter Brown as an advisor to the Company, with immediate effect. Their experience from an operational, clinical development and investment perspective will be invaluable as the Company grows.

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John, aged 56, has significant international experience particularly in the US life science and technology industries. Most recently, John has been instrumental in the NASDAQ Initial Public Offering of Benitec Biopharma (ASX: BLT; NASDAQ BNTC), the clinical stage biotechnology company, where he has been a Non-Executive Director since 2010. He also serves on the boards of Cynata Therapeutics, Adalta, Batu Biologics, Prophecy, ScienceMedia and the Coma Research Institute. Previously John was President and Chief Executive Officer of Polynoma, a Phase III cancer vaccine company, and from 2006 to 2009 he was Chief Executive Officer of Arana Therapeutics. Prior to this, was head of the ITI Life Sciences investment fund in the UK, where he managed significant negotiations regarding funding with Government Ministers.

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Since 2000, John has managed his own investment company, Newstar Ventures, which, over the past decade, has funded over a dozen early stage companies. He has been influential in various other transactions including Intrexon's acquisition of Medistem, Cephalon's acquisition of Arana Therapeutics and GlaxoSmithKline's acquisition of Domantis.

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Speaking upon his appointment, Dr John Chiplin said: "I am delighted to be joining the Board of Scancell at such an exciting time in its development. I look forward to working alongside the team as the Company continues to grow into a key player in the immuno-oncology space."

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Peter is a highly experienced pre-clinical and clinical development consultant to the pharmaceutical industry, having most recently served as Vice President & Global Head of Oncology at Teva Pharmaceuticals.Ā Prior to joining Teva, Peter served as Vice President of Clinical Oncology & Experimental Medicine at Cephalon. Here, Peter led the clinical development program for bendamustine and was a key member of the team that completed the NDA submission that led to bendamustine's approval as TREANDA. Peter has designed and conducted global clinical trials in oncology ranging from Phase 1 to pivotal Phase 3, including several first-in-human studies with novel agents. He has also authored over 60 peer reviewed publications, and has co-authored a number of patents relating to oncology drug development.

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Dr Peter Brown commented: "Scancell's area of research is one of great interest and importance and I look forward to working with the Company as they further progress their product portfolio."

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David Evans, Non-Executive Chairman of Scancell, said: "These changes will help prepare Scancell for its transition into a key player in the rapidly growing immune-oncology sector. We are delighted to welcome both John and Peter to Scancell. John's wealth of experience in the sector, from both an operational and investment standpoint, especially in the context of the US, the largest healthcare market in the world; and Peter's expertise in both pre-clinical and clinical development in the oncology space, will be invaluable as the Company continues to grow and as our lead ImmunoBodyĀ®, SCIB1, progresses through the clinic."

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Schedule Two information regarding Dr John Chiplin:

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Current Directorships

AdAlta Pty (Australia)

Batu Biologics Inc. (US)

Benitec Ltd. (Australia)

Coma Research Institute (US)

Cynata Therapeutics Ltd. (Australia)

Prophecy Inc. (US)

ScienceMedia Inc. (US)

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Directorships in the past five years

Medistem Inc. (US)

Polynoma LLC. (US)

Ribomed, Inc. (US)

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There are no other disclosures required in relation to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

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For Further Information:

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Dr Richard Goodfellow, Co-CEO

Professor Lindy Durrant, Co-CEO

Scancell Holdings Plc

Scancell Holdings Plc

+ 44 (0) 20 3727 1000

Robert Naylor/Maisie Atkinson

Panmure Gordon

+ 44 (0) 20 7886 2500

Mo Noonan/Simon Conway

FTI Consulting

+ 44 (0) 20 3727 1000

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Notes to Editors

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About Scancell

Scancell is developing novel immunotherapies for the treatment of cancer based on its ImmunoBodyĀ® and ModitopeĀ® technology platforms.

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Scancell's first ImmunoBodyĀ®, SCIB1 is being developed for the treatment of melanoma and is being evaluated in a Phase 1/2 clinical trial. Data from the trial demonstrate that SCIB1, when used as monotherapy, has a marked effect on tumour load, produces a melanoma-specific immune response and highly encouraging survival trend without serious side effects. In patients with resected disease there is increasing evidence to suggest that SCIB1 may delay or prevent disease recurrence.

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Scancell's ImmunoBodyĀ® vaccines target dendritic cells and stimulate both parts of the cellular immune system: the helper cell system where inflammation is stimulated at the tumour site and the cytotoxic T-lymphocyte or CTL response where immune system cells are primed to recognise and kill specific cells.

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Pre-clinical data on a combination of SCIB1 or SCIB2 and checkpoint inhibition (blockade of the PD-1 or CTLA-4 immune checkpoint pathways) have shown enhanced tumour destruction and significantly longer survival times than when either treatment was used alone.

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Scancell has also identified and patented a series of modified epitopes that stimulate the production of killer CD4+ T cells that destroy tumours without toxicity. The Directors believe that the ModitopeĀ® platform could play a major role in the development of safe and effective cancer immunotherapies in the future.

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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BOAUOSBRVOARAAA
Date   Source Headline
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2nd Apr 20267:00 amRNSScancell announces CFO transition
29th Jan 20267:00 amRNSHalf-year Financial Report
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22nd Jan 20267:00 amRNSNotice of Results
9th Dec 20257:00 amRNSContinued improvement in PFS with iSCIB1+
7th Nov 20257:00 amRNSResearch Update
30th Oct 20253:30 pmRNSResult of AGM
3rd Oct 20257:00 amRNSNotice of AGM
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11th Sep 20257:00 amRNSFinal Results
4th Sep 20257:00 amRNSNotice of Results
8th Aug 202512:31 pmRNSDirector Dealing
4th Aug 202510:23 amRNSDirector/PDMR Shareholding
22nd Jul 20257:00 amRNSStrong Phase 2 data on iSCIB1+ in Melanoma
16th Jul 20257:00 amRNSShare Option Exercise
25th Jun 20257:00 amRNSScancell initiates new arm in SCOPE Phase 2 study
21st May 20257:00 amRNSDirector Dealing
14th Apr 20257:00 amRNSPartnership with NHS Cancer Vaccine Launch Pad
1st Apr 20257:00 amRNSScancell to present at 2025 AACR Annual Meeting
20th Feb 20257:00 amRNSIssue of share options
17th Feb 20257:00 amRNSScancell presenting at AACR IO conference
30th Jan 20257:00 amRNSInterim Results
23rd Jan 20257:00 amRNSNotice of Interim Results
9th Jan 20257:00 amRNSModi-1 Vaccine Achieves Early Clinical Validation
9th Dec 202411:41 amRNSResult of Retail Offer and Total Voting Rights
5th Dec 202412:39 pmRNSResult of Placing and Subscription
4th Dec 20246:03 pmRNSRetail Offer for up to £1 million
4th Dec 20245:59 pmRNSProposed fundraise in excess of £8.5 million
4th Dec 20247:00 amRNSSecond Commercial License Agreement with Genmab
18th Nov 20247:00 amRNSPositive data from Phase 2 SCOPE trial with SCIB1
25th Oct 20243:26 pmRNSResult of Annual General Meeting
24th Oct 20247:00 amRNSHolding(s) in Company
22nd Oct 20247:00 amRNSScancell Appoints Dr Phil L’Huillier as CEO
1st Oct 20247:00 amRNSNotice of AGM
24th Sep 20247:00 amRNSResults Year Ended 30 April 2024
18th Sep 20247:00 amRNSNotice of Final Results
17th Sep 20247:00 amRNSStrategic Partnership with PharmaJet
2nd Sep 20247:00 amRNSScancell to attend upcoming conferences
30th Jul 20247:17 amRNSScancell Appoints Dr Nermeen Varawalla as CMO
30th Jul 20247:00 amRNSScancell Appoints Dr Nermeen Varawalla as CMO
24th Jul 20247:00 amRNSUpdate from iSCIB1+ Clinical Advisory Meeting
10th Jul 20247:00 amRNSAppointment of Dr Florian Reinaud to the Board
2nd Jul 20247:00 amRNSExtension of Convertible Loan Notes
1st Jul 20247:00 amRNSBlock Listing Return and Total Voting Rights
21st Jun 20247:00 amRNSChange of Nominated Advisor
12th Jun 20247:32 amRNSAgreement with major biotech
31st May 20247:00 amRNSScancell to attend upcoming conferences
30th May 20247:00 amRNSUpdate on ModiFY trial
24th May 20247:00 amRNSScancell to present at ASCO Annual Meeting

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