NetworkNewsBreaks – Genprex Inc. (NASDAQ: GNPX)
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Posted On: 02/09/2021 3:01:52 PM
NetworkNewsBreaks – Genprex Inc. (NASDAQ: GNPX) Forms Clinical Advisory Board, Announces $25M Registered Direct Offering
Genprex (NASDAQ: GNPX), a clinical-stage gene therapy company developing potentially life-changing technologies for patients with cancer and diabetes, has announced that it has created a Clinical Advisory Board (“CAB”). The company has named world-renowned medical and clinical experts as the board’s first members. The purpose of the board is to provide expert guidance for Genprex’s novel gene therapy clinical development programs in cancer and diabetes. More specifically, CAB members will provide invaluable guidance and advise as Genprex advances its REQORSA(TM) (“REQORSA”) immunogene therapy program and its preclinical diabetes gene therapy program. Board members include the following: Michael Morse, MD, MHS, FACP; Col. George E. Peoples, MD, FACS; Andrew B. Becker, MD, PhD; and William E. Gannon, Jr., MD, MBA. Genprex also has entered into securities purchase agreements with two healthcare-dedicated institutional investors. Expected to close on or about Feb. 11, 2021, the agreements outline the purchase and sale of 4 million shares of GNPX common stock at a purchase price of $6.25 per share in a registered direct offering; the agreements are priced at-the-market under Nasdaq rules. “We are pleased to bring together this group of seasoned practitioners in the field of oncology and diabetes to guide and advise Genprex in advancing our clinical development programs,” said Genprex’s CEO Rodney Varner in the press release. “The Clinical Advisory Board’s experience in clinical trials of cancer and diabetes therapies, combined with their expertise in consulting with small and large biotechnology companies, is invaluable as our drug candidates progress into the clinic.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Genprex (NASDAQ: GNPX), a clinical-stage gene therapy company developing potentially life-changing technologies for patients with cancer and diabetes, has announced that it has created a Clinical Advisory Board (“CAB”). The company has named world-renowned medical and clinical experts as the board’s first members. The purpose of the board is to provide expert guidance for Genprex’s novel gene therapy clinical development programs in cancer and diabetes. More specifically, CAB members will provide invaluable guidance and advise as Genprex advances its REQORSA(TM) (“REQORSA”) immunogene therapy program and its preclinical diabetes gene therapy program. Board members include the following: Michael Morse, MD, MHS, FACP; Col. George E. Peoples, MD, FACS; Andrew B. Becker, MD, PhD; and William E. Gannon, Jr., MD, MBA. Genprex also has entered into securities purchase agreements with two healthcare-dedicated institutional investors. Expected to close on or about Feb. 11, 2021, the agreements outline the purchase and sale of 4 million shares of GNPX common stock at a purchase price of $6.25 per share in a registered direct offering; the agreements are priced at-the-market under Nasdaq rules. “We are pleased to bring together this group of seasoned practitioners in the field of oncology and diabetes to guide and advise Genprex in advancing our clinical development programs,” said Genprex’s CEO Rodney Varner in the press release. “The Clinical Advisory Board’s experience in clinical trials of cancer and diabetes therapies, combined with their expertise in consulting with small and large biotechnology companies, is invaluable as our drug candidates progress into the clinic.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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