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Sofia Heigis Appointed CEO of Oncopeptides

Aug 14, 2023about 2 years ago

Position

Chief Executive Officer

Company

Oncopeptides

Sofia Heigis
Stockholm

Description

Swedish oncology focused biotech Oncopeptides (Nasdaq Stockholm: ONCO) has announced that its chief executive Monica Shaw will be leaving the company.

Company Information

Company

Oncopeptides

Location

Stockholm, Stockholm County, Sweden

About

Oncopeptides is a global biotech company focused on research and development of therapies for difficult-to-treat hematological diseases. The company uses its proprietary Peptide Drug Candidate platform, PDC, to develop compounds that rapidly and selectively deliver cytotoxic agents into cancer cells. On August 18, 2022, the European Commission granted Pepaxti® (melphalan flufenamide, also called melflufen) Marketing Authorization in the European Union and countries in the European Economic Area, in combination with dexamethasone, for the treatment of adult patients with multiple myeloma who have received at least three prior lines of therapies, whose disease is refractory to at least one proteasome inhibitor, one immunomodulatory agent, and one anti-CD38 monoclonal antibody, and who have demonstrated disease progression on or after the last therapy. For patients with a prior autologous stem cell transplantation, the time to progression should be at least 3 years from transplantation. Pepaxto® (melphalan flufenamide) was granted accelerated approval in the US in February 2021 but is currently not marketed due to regulatory hurdles. Oncopeptides is developing several new compounds based on its technology platforms. The company is built on a Swedish innovation and is listed in the Mid Cap segment on Nasdaq Stockholm with the ticker ONCO. More information is available on www.oncopeptides.com.

FundzWatch™ Score

87
Medium Activity

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