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Natalie Berner of Redmile and Nanna Lüneborg of Forbion proposed as New Board Members of BioInvent
6/16/2022
BioInvent International AB announces on behalf of the nomination committee, the proposal to elect Natalie Berner and Nanna Lüneborg as new Board members, at the Extraordinary General Meeting on July 12, 2022.
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Correction: Orphazyme Announces Publication of 2021 Financial Results and Annual Report
6/8/2022
Orphazyme A/S, reports its financial results for the period from January 1, 2021, to December 31, 2021, and publishes its Annual Report.
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Notice to convene Annual General Meeting - June 07, 2022
6/7/2022
Orphazyme A/S, announces the notice to convene the Company’s Annual General Meeting to be held.
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Orphazyme Announces Publication of 2021 Financial Results and Annual Report
6/7/2022
Orphazyme A/S (ORPHA.CO) (“Orphazyme” or the “Company”), today reports its financial results for the period from January 1, 2021, to December 31, 2021, and publishes its Annual Report.
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Orphazyme completes sale of substantially all of its assets and business activities to KemPharm
5/31/2022
Following completion of the Sale of Assets to KemPharm, Orphazyme will no longer have any material ongoing operational business activities and KemPharm will retain all of Orphazyme’s remaining Danish employees, to continue the early access programs with arimoclomol, and to continue to pursue the potential approval of arimoclomol as a treatment option for NPC.
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Restructuring proposal adopted by creditors
5/30/2022
Orphazyme A/S in restructuring, a late-stage biopharmaceutical company, announces that an in-court meeting was held where the restructuring proposal as published by the Company through company announcement no. 26/2022 on May 18, 2022, was approved by the Company’s creditors and affirmed by the Danish Maritime and Commercial High Court in accordance with sections 13 d and 13 e of the Danish Insolvency Act.
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Changes to the Board of Directors - May 23, 2022
5/23/2022
Orphazyme A/S in restructuring, a late-stage biopharmaceutical company, has previously announced its entry into an agreement with KemPharm Denmark A/S to sell substantially all of its assets and business activities and submission of the restructuring proposal to the Danish Maritime and Commercial High Court and the Company’s known creditors.
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CytRx Announces Distribution of Series D Preferred Stock to Holders of Its Common Stock
5/19/2022
CytRx Corporation announced that its Board of Directors declared a dividend of one one-thousandth of a share of newly designated Series D Preferred Stock, par value $0.01 per share, for each outstanding share of the Company’s common stock held of record as of 5:00 pm Eastern Time on May 20, 2022.
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CytRx Highlights Strategic Purchase of Arimoclomol by KemPharm, Inc.
5/17/2022
CytRx Corporation (OTCQB: CYTR) (“CytRx” or the “Company”), a biopharmaceutical innovator focused on research and development of life-saving cancer therapeutics, is pleased to highlight the strategic purchase of arimoclomol by KemPharm, Inc. (“KemPharm”).
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Orphazyme has several products with potential, with biopharma company KemPharm acquiring nearly all of the company's assets and operations.
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KemPharm Announces Strategic Acquisition of Arimoclomol from Orphazyme, Expanding its Rare CNS Diseases Pipeline
5/16/2022
KemPharm, Inc. announced a definitive agreement with Orphazyme A/S to acquire arimoclomol, an orally-delivered, first-in-class heat shock protein amplifier being developed as a treatment for Niemann-Pick disease type C.
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Orphazyme A/S under In-Court-Restructuring to sell substantially all of its assets and business activities to KemPharm, Inc.
5/15/2022
Orphazyme A/S in restructuring, a late-stage biopharmaceutical company developing arimoclomol for Niemann-Pick disease type C, announces that it has signed an agreement to sell substantially all of the Company’s assets and business activities to KemPharm Denmark A/S, a wholly owned subsidiary of KemPharm Inc.
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CytRx Partners with Oncology Development Expert to Advance LADR Platform
4/20/2022
CytRx Corporation announced it has partnered with oncology development expert Gilad Gordon, MD to assist the Company in developing its next-generation LADR drugs toward first-in-human clinical trials.
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Voluntary delisting of ADSs has become effective
3/31/2022
Orphazyme A/S in restructuring, a late-stage biopharmaceutical company, announces that following the Company’s voluntary delisting of the Company’s American Depositary Shares representing its ordinary shares from Nasdaq Global Select Market has become effective on March 31, 2022.
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Updated Financial Calendar for 2022
3/29/2022
Orphazyme A/S announces an update to the Company’s Financial Calendar for 2022, following that the Danish Business Authority upon request from the Company has approved to extend the deadline for the Company’s filing of its annual report for the financial year ended December 31, 2021, following the in-court restructuring proceedings of the Company (please see company announcements no. 10/2022 and 11/2022).
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Orphazyme announces withdrawal of European Marketing Authorisation Application for arimoclomol for the treatment of Niemann-Pick disease type C
3/22/2022
Orphazyme A/S announces that, following the receipt of the negative Trend Vote by the Committee for Medicinal Products for Human Use (CHMP) as announced on February 23, 2022 (please see company announcement no. 07/2022), the Company has decided to withdraw its European Marketing Authorisation Application (MAA) for arimoclomol for the treatment of Niemann-Pick disease Type C.
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Orphazyme A/S has filed for voluntary delisting of ADSs
3/21/2022
Orphazyme A/S, today initiated the delisting and filed a Form 25 with the Securities and Exchange Commission (“SEC”). The delisting is expected to become effective on March 31, 2022.
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Notice of in-court restructuring proceedings of Orphazyme A/S
3/18/2022
Orphazyme A/S announces that following the Company’s filing of a petition for an in-court restructuring (in Danish rekonstruktion) of Orphazyme on March 10, 2022, the Danish Maritime and Commercial High Court (the “Court”) has commenced the restructuring proceedings of the Company on March 11, 2022 at 7:00 am (CET).
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The Orphazyme board of directors decided to cut 50% of its current global staff count after carefully considering its financial state.
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CytRx Announces Integration of Wholly Owned Subsidiary Centurion BioPharma and Corporate Governance Updates
3/9/2022
CytRx Corporation, a biopharmaceutical innovator focused on research and development of life-saving cancer therapeutics, announced that the Company is absorbing its wholly-owned subsidiary Centurion BioPharma Corporation.