Date: 2018-10-15
Type of information: Restructuring
Compound:
Company: Medivir (Sweden)
Therapeutic area: Infectious diseases
Type agreement: nomination - restructuration
Action mechanism:
Disease:
Details:
- • On October 15, 2018, Medivir announced its plans to concentrate its activities on clinical development. As a result, the board has appointed Dr. Uli Hacksell as the company’s acting CEO. Dr. Hacksell, currently on the board of Medivir, succeeds Christine Lind as of today, October 15.
- “Medivir has a very strong clinical portfolio with inflection points in the near future that are crucial for optimizing its value. This calls for a firm management that is able to reinforce the focus on clinical development throughout the company,” says Anna Malm Bernsten, chairman of the Medivir board.
- Medivir's clinical pipeline consists of four projects; remetinostat for cutaneous T-cell lymphoma (phase II), birinapant in combination with Keytruda® for solid tumors (phase I), MIV-818, a nucleotide prodrug for liver cancer that recently entered into a phase I clinical trial, and MIV-711, an osteoarthritis candidate drug with fresh and promising data from the recent phase IIa extension study.
Financial terms:
Latest news:
Is general: Yes
