Categories
Business Technology

Janus International to participate in the KeyBanc Industrials Conference

TEMPLE, Ga. — (BUSINESS WIRE) — Janus International Group, LLC (“Janus” or the “Company”), a leading global manufacturer and supplier of turn-key building solutions and new access control technologies for the self-storage and other industrial sectors, announced today that members of Janus management will participate in the KeyBanc Industrials Conference on Friday, June 4, 2021.

Janus expects to complete its business combination with Juniper Industrial Holdings, Inc. (NYSE: JIH) and become a publicly listed company soon after the special meeting of shareholders scheduled for June 3, 2021. Clearlake, an investment firm, is the largest shareholder in Janus.

ABOUT JANUS INTERNATIONAL

Janus International Group, LLC (www.JanusIntl.com) is the leading global manufacturer and supplier of turn-key self-storage, commercial and industrial building solutions, including: roll-up and swing doors, hallway systems, re-locatable storage units and facility and door automation technologies. The Janus team operates out of several U.S. locations and six locations internationally.

ABOUT CLEARLAKE

Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit and other related strategies. With a sector-focused approach, the firm seeks to partner with experienced management teams by providing patient, long term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach, O.P.S.® The firm’s core target sectors are industrials, technology, and consumer. Clearlake currently has approximately $35 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. The firm has offices in Santa Monica and Dallas. More information is available at www.clearlake.com and on Twitter @ClearlakeCap.

ABOUT JUNIPER INDUSTRIAL HOLDINGS, INC. (NYSE: JIH)

Juniper Industrial Holdings, Inc., a Delaware corporation (“JIH” or “Juniper”), is a Special Purpose Acquisition Corporation targeting companies within the industrials sector. With $348 million in trust, Juniper was formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Juniper’s management team has a proven track record of identifying market-leading technologies across the industrial spectrum, and an affinity for businesses with strong brands and mission-critical offering. The Juniper team has a robust network of relationships within industrial and investment communities built over 60+ years of combined industry experience, and a deep understanding of industrial trends. More information is available at www.juniperindustrial.com.

IMPORTANT INFORMATION AND WHERE TO FIND IT

This communication is being made in connection with the proposed business combination involving Juniper and Janus under a new holding company, Janus Parent, Inc., a Delaware corporation (“Janus Parent”). In connection with the proposed transactions, Janus Parent has filed with the Securities and Exchange Commission (“SEC”) a registration statement on Form S-4 (as amended, the “Registration Statement”) containing a definitive proxy statement of Juniper and a definitive prospectus of Janus Parent. This announcement does not contain all the information that should be considered concerning the proposed business combination and is not intended to form the basis of any investment decision or any other decision in respect of the business combination. Juniper’s shareholders and other interested persons are advised to read the definitive proxy statement/prospectus and other documents filed in connection with the proposed business combination, as these materials will contain important information about Juniper, Janus, Janus Parent and the business combination. Janus Parent has mailed the definitive proxy statement/prospectus and other relevant materials for the proposed business combination to shareholders of Juniper as of May 4, 2021 for voting on the proposed business combination. Shareholders are also able to obtain copies of the definitive proxy statement/prospectus and other documents filed with the SEC, without charge at the SEC’s website at www.sec.gov. In addition, the documents filed by Juniper and Janus Parent may be obtained free of charge from Juniper at www.juniperindustrial.com/investors. Alternatively, these documents can be obtained free of charge by directing a request to: Juniper Industrial Holdings, Inc., 14 Fairmount Avenue, Chatham, New Jersey 07928.

PARTICIPANTS IN THE SOLICITATION

Juniper, Janus and certain of their directors and executive officers may be deemed participants in the solicitation of proxies from Juniper’s shareholders with respect to the proposed business combination. A list of the names of those directors and executive officers and a description of their interests in Juniper is contained in Juniper’s annual report on Form 10-K for the fiscal year-ended December 31, 2020, which is available free of charge at the SEC’s web site at www.sec.gov. In addition, the documents filed by Juniper may be obtained from Juniper as described above under “Important Information and Where to Find It.”

NO OFFER OR SOLICITATION

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such other jurisdiction.

FORWARD LOOKING STATEMENTS

Certain statements in this communication may be considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this communication are forward-looking statements. When used in this communication, words such as “may,” “should,” “could,” “would,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “continue,” or the negative of such terms or other similar expressions, as they relate to the management team, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of the respective management of Janus and Juniper, based on currently available information, as to the outcome and timing of future events, and involve factors, risks, and uncertainties that may cause actual results in future periods to differ materially from such statements. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in Juniper’s filings with the SEC including, but not limited to, the risk factors and other uncertainties set forth under “Risk Factors” in Part I, Item 1A of Juniper’s Form 10-K for the year ended December 31, 2020 and in Juniper’s other filings. There can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and neither Janus nor Juniper is under any obligation, and each of them expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. All subsequent written or oral forward-looking statements attributable to Janus or Juniper or persons acting on its behalf are qualified in their entirety by this paragraph.

In addition to factors previously disclosed in Juniper’s reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: (i) ability to meet the closing conditions to the merger, including approval by stockholders of Juniper on the expected terms and schedule and the risk that any regulatory approvals required for the merger are not obtained or are obtained subject to conditions that are not anticipated; (ii) the occurrence of any event, change or other circumstance that could cause the termination of the merger agreement or a delay in the closing of the merger; (iii) the effect of the announcement or pendency of the proposed merger on Juniper’s business relationships, operating results, and business generally; (iv) failure to realize the benefits expected from the proposed transaction; (v) risks that the proposed merger disrupts Janus’s current plans and operations and potential difficulties in Janus’s employee retention as a result of the proposed merger; (vi) the effects of pending and future legislation; (vii) risks related to disruption of management time from ongoing business operations due to the proposed transaction; (viii) the amount of the costs, fees, expenses and other charges related to the merger; (ix) risks of the self-storage industry; (x) the highly competitive nature of the self-storage industry and Janus’s ability to compete therein; (xi) litigation, complaints, and/or adverse publicity; (xii) the ability to meet NYSE’s listing standards following the consummation of the proposed transaction and (xiii) cyber incidents or directed attacks that could result in information theft, data corruption, operational disruption and/or financial loss.

This communication is not intended to be all-inclusive or to contain all the information that a person may desire in considering an investment in Juniper and is not intended to form the basis of an investment decision in Juniper. All subsequent written and oral forward-looking statements concerning Janus and Juniper, the proposed transaction or other matters and attributable to Janus and Juniper or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above. Juniper and Janus undertake no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contacts

Investor Contacts, Janus
Rodny Nacier/ Brad Cray

Phone: 770-562-6399

Email: IR@JanusIntl.com

Media Contacts, Janus
Phil Denning / Nora Flaherty

Media@janusintl.com

Media Contacts, Clearlake
Jennifer Hurson

JHurson@lambert.com

Categories
Business Technology

Majesco appoints insurance industry expert as Chief Technology Officer

Former Amazon Web Services and industry veteran brings cloud platform expertise and leadership to support Majesco SaaS platforms

MORRISTOWN, N.J. — (BUSINESS WIRE) — Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the hiring of Ravi Krishnan as Chief Technology Officer (CTO) to oversee the architectural and technical direction for all Majesco SaaS platforms.

Adding Ravi to the team will help Majesco lead the insurance industry in the pursuit to modernize and optimize today’s companies. In order to compete and grow, the industry will demand new levels of operational efficiency and effectiveness, holistic digital experiences, the ability to rapidly launch new products and adapt to new opportunities. The continued rapid adoption of SaaS and Cloud is pivotal for insurers to thrive in this new-age of insurance.

I am tremendously impressed with Majesco’s vast portfolio of products for all lines of insurance,” said Ravi Krishnan. “My goal is to help Majesco accelerate the industry and customer’s digital transformation to achieve agility, speed and innovation in a rapidly changing marketplace. End-to-end innovation across the portfolio with robust cloud-native architecture and engineering will elevate Majesco solutions and meet rising market demands. I am thrilled to join the Majesco team and leverage all my experience to benefit the industry and Majesco customers.”

Previously, Ravi was Principal Solutions Leader for Worldwide Healthcare and Insurance at Amazon Web Services (AWS). Prior to AWS, he was the Chief Digital Officer for Innoveo, CIO and SVP, Digital Product Innovation at Woodruff Sawyer and held other executive positions with Kaiser Permanente, Verizon, Cognizant, GE Insurance and PwC. His background will provide Majesco with enhanced expertise to continue leading digital insurance transformation.

Ravi’s breadth and depth of technical experience leading cloud and digital platforms made him a clear standout for us,” said Manish Shah, President and Chief Product Officer of Majesco. “As an early leader in cloud platform solutions for the L&A and Group and P&C industries, Ravi’s experience with AWS will provide new levels of insight to propel us to the next chapter of our product and cloud story. I am thrilled to welcome Ravi to the Majesco family and look forward to working with him as we continue our journey to the future of insurance.”

About Majesco

Majesco is the leading software partner to both the P&C and L&A insurance markets to modernize, optimize and innovate their businesses at speed and scale. Over 330 insurers, from greenfields, start-ups and MGAs to the largest insurers, reinsurers and brokers use Majesco’s next generation SaaS platform solutions of core, data and analytics, digital, distribution, absence management and a rich ecosystem marketplace of established and InsurTech partners to build the future of insurance.

Our technology, expertise and leadership help insurers innovate and connect to build the future of their business. With over 825 successful implementations and over 65% of our customers on Cloud with Majesco platform solutions, together we have an amazing track record of innovation and real-world results. For more details on Majesco, please visit www.majesco.com.

Contacts

Laura Tillotson

Director, Marketing Communications and Creative Services

+ 201 230 0752

Laura.Tillotson@majesco.com

Categories
Business Technology

ASCO Power Technologies Ask the Expert Webinar – Critical Power Service and Modernization

  • Free, one-hour, online panel discussion on key topics about power equipment maintenance and testing
  • Experts from ASCO Power Technologies and Schneider Electric will address participants’ questions about benefits of, and tips for, upgrading existing transfer switches, load banks, and paralleling switchgear.

FLORHAM PARK, N.J. — (BUSINESS WIRE) –As part of its innovation webinar series, ASCO Power Technologies has announced its June 1 online panel discussion focusing on questions about power systems services and modernization. Sixty minutes in duration, Ask The Experts – Power System Services and Modernization is a live question-and-answer session that will be FREE to power industry professionals, engineers, facility managers, and technicians. Panelists from ASCO Power Technologies and Schneider Electric will discuss key topics and lessons-learned about servicing and upgrading power systems.

Reasons to Attend

By participating in the event, attendees will:

  • Learn about the benefits of comprehensive periodic maintenance and testing for emergency power equipment and systems
  • Understand NFPA 110 Requirements
  • Participate in a question-and-answer session
  • Earn PDH credits

About the Panelists

David Parker – Business Manager for Electrical Modernization Solutions, Schneider Electric

David Parker is a Business Development Manager within US Field Services at Schneider Electric. In the last 7 years, David has been focused on utilizing emerging technologies to improve performance and extend the service life of electrical distribution equipment.

Keith Negri – Business Development Manager for Electrical Modernization Solutions, Schneider Electric

Keith Negri is a Business Development Manager within US Field Services at Schneider Electric. For 35 years, he has provided customers with solutions for modernizing electrical distribution equipment in various industries.

Michael Maringola – Regional Service Director, ASCO Power Technologies

Michael has 18 years of experience in the electrical industry and has over 10 years of tenure with ASCO Power Technologies. Michael has held positions as Field Service Engineer and Service Sales Engineer and has led and supported a variety of power equipment modernization projects.

Keith Bassett – Regional Service Director, ASCO Power Technologies

Keith served in the United States Navy as a Gas Turbine Engine Electrician from 2001 to 2007. Keith started with ASCO Power Services as a Field Service Technician in 2007 and earned EGSA certification in 2008. He was nominated for Emerson’s Consider It Solved Award in 2008.

Matthew Miller – Business Development Manager, ASCO Power Technologies

As Business Development Manager, Matt is tasked with ensuring that ASCO offers the Service and Modernization solutions that its customers need, as well as developing practices for delivering solutions as a leader in the industry.

Registration Information

The event will be held at 11:00 AM Eastern Daylight Time on June 1, 2021. All interested professionals are encouraged to register now for this free online event by visiting www.ascopower.com.

About ASCO Power Technologies

ASCO Power Technologies has provided power reliability solutions for more than 125 years. The firm designs, manufactures, services, and supports automatic transfer switches, power control equipment, load banks, and critical power management systems. ASCO products serve mission-critical functions in data centers, healthcare facilities, telecommunication networks, commercial buildings, and industrial operations. To learn more about any of ASCO’s premium products and services, call (800) 800 ASCO (2726), email customercare@ascopower.com, or visit www.ascopower.com.

Contacts

Bhavesh Patel

+ 1 973 966 2746

Bhavesh.Patel@ascopower.com

Categories
Business Technology

Velodyne Lidar Intelligent Infrastructure Solution wins Smart 50 Award

Velodyne’s Solution Recognized for Enabling Transformative Smart Cities Projects

 

SAN JOSE, Calif. — (BUSINESS WIRE) — #VelodyneLidarVelodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced its Intelligent Infrastructure Solution, powered by Bluecity, was named a winner of the 2021 Smart 50 Award, recognizing the solution’s innovation in smart city applications. The awards, presented by Smart Cities Connect, have a highly competitive review process and honor the 50 most transformative smart cities projects in the world.


Velodyne’s Intelligent Infrastructure Solution helps governments solve some of their most challenging and pervasive infrastructure problems. The solution combines Velodyne’s award-winning lidar sensors and Bluecity’s powerful artificial intelligence (AI) software to monitor traffic networks and public spaces. It generates real-time data analytics and predictions to improve traffic and crowd flow efficiency, advance sustainability and protect vulnerable road users.

The Intelligent Infrastructure Solution is deployed in multiple North America cities, including in Quebec and British Columbia, with upcoming installations in New Jersey. To qualify for a Smart 50 Award, solutions must have achieved results at a municipal scale or equivalent.

Velodyne’s Intelligent Infrastructure Solution creates a real-time 3D map of roads and intersections, providing precise traffic monitoring and analytics that is not possible with other types of sensors like cameras or radar. It reliably collects data in any lighting or weather condition, supporting 24/7, 365 days a year operation, while also protecting people’s privacy. The solution advances safety through multimodal analytics that detect various road users including vehicles, pedestrians and cyclists. It can predict, diagnose and address road safety challenges, helping municipalities and other customers make informed decisions to take corrective action.

“The Smart 50 Award recognizes Velodyne’s Intelligent Infrastructure Solution as one the 50 best examples of smart cities technology at work in the world,” said Jon Barad, Vice President of Business Development, Velodyne Lidar. “The award demonstrates how this innovative lidar-based approach can transform roads and transportation infrastructure into smart cities, creating sustainable, safer communities.”

The Smart 50 Awards Gala will be held in Washington, D.C. this October, co-located with Smart Cities Connect Conference.

About Velodyne Lidar

Velodyne Lidar (Nasdaq: VLDR, VLDRW) ushered in a new era of autonomous technology with the invention of real-time surround view lidar sensors. Velodyne, the global leader in lidar, is known for its broad portfolio of breakthrough lidar technologies. Velodyne’s revolutionary sensor and software solutions provide flexibility, quality and performance to meet the needs of a wide range of industries, including autonomous vehicles, advanced driver assistance systems (ADAS), robotics, unmanned aerial vehicles (UAV), smart cities and security. Through continuous innovation, Velodyne strives to transform lives and communities by advancing safer mobility for all. For more information, visit www.velodynelidar.com.

Forward Looking Statements

This press release contains “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 including, without limitation, all statements other than historical fact and include, without limitation, statements regarding Velodyne’s target markets, new products, development efforts, competition. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “can,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Velodyne’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include uncertainties regarding government regulation and adoption of lidar, the uncertain impact of the COVID-19 pandemic on Velodyne’s and its customers’ businesses; Velodyne’s ability to manage growth; Velodyne’s ability to execute its business plan; uncertainties related to the ability of Velodyne’s customers to commercialize their products and the ultimate market acceptance of these products; the rate and degree of market acceptance of Velodyne’s products; the success of other competing lidar and sensor-related products and services that exist or may become available; uncertainties related to Velodyne’s current litigation and potential litigation involving Velodyne or the validity or enforceability of Velodyne’s intellectual property; and general economic and market conditions impacting demand for Velodyne’s products and services. Velodyne undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Contacts

Velodyne Investor Relations
InvestorRelations@velodyne.com

Media
Codeword

Liv Allen

velodyne@codeword.com

Categories
Business Technology

CASTOR continues rapid growth and momentum powering COVID-19 studies with global Decentralized Clinical Trial platform

– Castor is supporting more than 250 COVID-19 studies in 40 countries across 1,750 hospitals

– Offers an expanded suite of tools and resources for clinical researchers in the fight against COVID-19 and other pandemic outbreaks

HOBOKEN, N.J. — (BUSINESS WIRE) — #COVID19Castor, a leading provider of clinical trial technology to Democratize Clinical Research, announced today continued rapid adoption of its decentralized clinical trial platform to power COVID-19 studies globally.

At the start of the pandemic, Castor joined the global fight against the COVID-19 by offering its user-friendly, globally scalable Decentralized Clinical Trial (DCT) platform for free for all COVID-19 research projects. Castor is supporting more than 250 COVID-19 studies in 40 countries across 1,750 hospitals. 62,000 participants are enrolled in these trials and more than 139 Million data points have been captured. The company has also developed pre-built electronic case report forms (eCRFs) based on World Health Organization (WHO) standards, to help researchers start their study or registry in less than an hour, and saw emergency COVID projects go live within 6.5 days on average.

“When novel strains of viruses like the Coronavirus emerge, data is clearly our most valuable asset. Our research platform has been made available for hundreds of COVID-19 studies across the world. We are committed to supporting researchers to better understand the COVID-19 virus to develop life-saving therapies and vaccines, optimize valuable hospital resources and ultimately improve patient outcomes,” said Derk Arts, M.D., Chief Executive Officer, Castor. “We are providing free access to our EDC and DCT solutions as part of our commitment to empower researchers, remove barriers, streamline the clinical research process, and save lives.”

Examples of COVID-19 studies powered by Castor’s eClinical suite:

  • World Health Organization’s Solidarity trial, the largest adaptive COVID-19 clinical trial ever conducted, with database support, adaptive randomization, and customized offline data capture. It is one of the largest international randomized trials for COVID-19 treatments, having currently enrolled over 13,000 patients in 500 hospital sites in over 30 countries.
  • COVID-RED, the world’s first study to use machine learning in the diagnosis of COVID-19. This Takeda supported decentralized trial uses an app paired with the AVA wearable to monitor changes in vitals, attempting to alert participants to possible COVID infection before they show symptoms.
  • Lucira Health chose Castor for its validation study of its PCR-quality molecular COVID test, which produces results in 30 minutes or less. The self-administered test, designed for easy use at home, has 98% accuracy compared to high sensitivity lab PCR tests, and was approved for emergency use in the fight against COVID-19.
  • COVID-Predict, a machine learning study which aims to understand and predict which COVID-19 patients should receive which treatment and which type of care. This ensures the optimal allocation of limited hospital resources and makes certain the most high-risk COVID-19 patients receive the highest level of care. Castor’s Enterprise Tableau integration helped researchers clearly visualize each patient’s outcomes, comorbidities, and complications quickly and easily.

Click here to view over 250 COVID-19 studies running on Castor’s DCT platform that can help patients self-screen, enroll through a patient portal and remotely consent to COVID-19 studies.

About Castor

Castor is a leading provider of decentralized and hybrid clinical trial solutions to democratize research. With the highest rated eClinical platform for decentralized and hybrid clinical trials, Castor’s plug and play platform offers rapid deployment at scale, enabling researchers to create a trial in a matter of clicks, with easy enrollment and real-world data capture. Castor is bringing human-centered design to the clinical trial process, from recruitment to analysis, and improving the quality, security and reusability of data for researchers worldwide. For more information, visit www.castoredc.com.

Contacts

Doug Weatherhead

Castor

doug.weatherhead@castoredc.com

Media

Kimberly Ha

KKH Advisors

kimberly.ha@kkhadvisors.com

Categories
Business Technology

TYME Technologies, Inc. to host conference call and live video webcast on Thursday, June 10th at 5:00 PM ET

– Company to report conclusions from its comprehensive strategic review, outline its updated business plan and report its fiscal year 2021 financial results

 

BEDMINSTER, N.J. — (BUSINESS WIRE) — TYME Technologies, Inc. (Nasdaq: TYME) (the “Company” or “TYME”), an emerging biotechnology company developing cancer metabolism-based therapies (CMBTstm), today announced that it will host a conference call and live video webcast on Thursday, June 10, 2021 at 5:00 PM ET. The Company will report its fiscal year 2021 financial results and provide a business update that same day.

As part of the event, the TYME executive management team will provide an updated business plan derived from the conclusions of the Company’s comprehensive strategic review that was conducted over the past several months. The goal of the strategic review was to assess TYME’s current pipeline, explore additional development opportunities, examine drug development process and determine how best to maximize the efficiency of the Company’s capital expenditures.

The call will be led by Richie Cunningham, Chief Executive Officer of TYME, who will present the findings of the strategic review. Mr. Cunningham will be joined by members of the executive management team, including the Company’s newly appointed Chief Financial Officer and Acting Chief Medical Officer, to answer questions. Interested participants and investors may access the conference call by dialing (866) 601-3896 (domestic) or (636) 812-6499 (international), Passcode: 3690369. The webcast will be accessible on the Events & Presentations page of the Investors section of the TYME website, tymeinc.com, and will be archived for 90 days following the event.

Following the Company’s presentation there will be a Q&A session. Management will address both live questions and those submitted in advance via email to TYME@jtcir.com. The deadline to submit questions for the conference call is 5:00 PM ET on June 8, 2021.

About TYME Technologies, Inc.

TYME Technologies, Inc. is an emerging biotechnology company developing cancer metabolism-based therapies that are intended to be broadly effective across tumor types and have low toxicity profiles. Unlike targeted therapies that attempt to regulate specific mutations within cancer, the Company’s therapeutic approach is designed to take advantage of a cancer cell’s innate metabolic weaknesses to compromise its defenses, leading to cell death through oxidative stress and exposure to the body’s natural immune system. With the development of TYME-18 and TYME-19, the Company believes that it is also emerging as a leader in the development of bile acids as potential therapies for cancer and viruses such as COVID-19. For more information, visit www.tymeinc.com. Follow us on social media: Facebook, LinkedIn, Twitter, YouTube and Instagram.

Forward-Looking Statements

In addition to historical information, this press release contains forward-looking statements under the Private Securities Litigation Reform Act that involve substantial risks and uncertainties. Such forward-looking statements within this press release include, without limitation, statements regarding our drug candidates (including SM-88 and TYME- 18) and their clinical potential and non-toxic safety profiles, our drug development plans and strategies, ongoing and planned preclinical or clinical trials, including the proposed TYME-19 proof-of-concept study, preliminary data results and the therapeutic design and mechanisms of our drug candidates. The words “believes,” “expects,” “hopes,” “may,” “will,” “plan,” “intends,” “estimates,” “could,” “should,” “would,” “continue,” “seeks,” “anticipates,” and similar expressions (including their use in the negative) are intended to identify forward-looking statements. Forward-looking statements can also be identified by discussions of future matters such as: the effect of the novel coronavirus (COVID-19) pandemic and the associated impact on the national and global economy as well as impacts on the Company’s ongoing clinical trials and ability to analyze data from those trials; the cost of development and potential commercialization of our lead drug candidate and of other new products; expected releases of interim or final data from our clinical trials; possible collaborations; and the timing, scope, status, objectives and strategy of our ongoing and planned trials; the success of management transitions; and other statements that are not historical. The forward-looking statements contained in this press release are based on management’s current expectations and projections which are subject to uncertainty, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. These statements involve known and unknown risks, uncertainties and other factors which may cause the Company’s actual results, performance or achievements to be materially different from any historical results and future results, performance or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include but are not limited to: the severity, duration, and economic and operational impact of the COVID-19 pandemic; that the information is of a preliminary nature and may be subject to change; uncertainties inherent in the cost and outcomes of research and development, including the cost and availability of acceptable-quality clinical supply, and in the ability to achieve adequate start and completion dates, as well as uncertainties in clinical trial design and patient enrollment, dropout or discontinuation rates; the possibility of unfavorable study results, including unfavorable new clinical data and additional analyses of existing data; risks associated with early, initial data, including the risk that the final data from any clinical trials may differ from prior or preliminary study data; final results of additional clinical trials that may be different from the preliminary data analysis and may not support further clinical development; that past reported data are not necessarily predictive of future patient or clinical data outcomes; whether and when any applications or other submissions for SM-88 or other drug candidates may be filed with regulatory authorities; whether and when regulatory authorities may approve any applications or submissions; decisions by regulatory authorities regarding labeling and other matters that could affect commercial availability of SM-88 or other drug candidates; the ability of TYME and its collaborators to develop and realize collaborative synergies; competitive developments; and the factors described in the section captioned “Risk Factors” of TYME’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on May 22, 2020 and its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on February 3, 2021 as well as subsequent reports we file from time to time with the U.S. Securities and Exchange Commission available at www.sec.gov.

The information contained in this press release is as of its release date and TYME assumes no obligation to update forward-looking statements contained in this release as a result of future events or developments.

Contacts

INVESTOR AND MEDIA CONTACT:
Jenene Thomas

JTC Team, LLC

833-475-8247

TYME@jtcir.com

Categories
Business Technology

Large Latin American financial institution moves 10,000 agents to NICE CXone

CXone selected to modernize contact centers with numerous native digital channel options and seamless integration capabilities

HOBOKEN, N.J. — (BUSINESS WIRE) — #NICENICE CXone (Nasdaq: NICE) today announced one of the largest financial institutions in Latin America has chosen CXone, the industry’s most proven, complete and smart customer experience platform, for a comprehensive move of 10,000 agents to the cloud. It is phasing out an outdated on-premises system in favor of a more flexible, scalable option with CXone that is expected to drive down costs while improving customer and agent experiences.

The bank, classified by Forbes as one of the largest companies in the world based on business generated, assets and market cap, needed a true cloud environment to support its large contact center population of more than 30,000 agents. As it phases out its on-premises systems, the company is migrating 10,000 seats to CXone today with plans to fully transition to the cloud within the next three years. The financial services company pointed to CXone’s large number of application programming interfaces (APIs), comprehensive security and compliance standards on a single, proven platform and numerous native digital channel options as reasons for selecting the platform.

As an open platform, CXone provides hundreds of APIs and enables integrations with more than 100 partner solutions as well as customer-specific extensions, supporting a broad technology ecosystem that extends its capabilities. It also delivers protection for critical company data and supports compliance with global security regulations and privacy standards.

“Today’s customer experience economy calls for brands in all industries to elevate their game and catch up to next-generation consumer expectations,” said Paul Jarman, NICE CXone CEO. “Highly regulated financial institutions must remain compliant while also achieving exceptional levels of customer engagement in a mobile, on-demand digital environment. This win demonstrates what we’re seeing in the marketplace – accelerated adoption of CXone by organizations of all sizes that are realizing we are living through expedited cycles of technology innovation and adoption that require a new customer experience standard.”

Contact centers of all sizes are increasingly turning to NICE CXone to transform customer experiences based on its proven scalability, reliability, flexibility, and security. CXone enables integration with CRM or custom applications and supports rapid and ongoing innovation to differentiate service offerings. Customers who select NICE CXone are looking for a robust contact center solution to help them win in the experience economy by delivering exceptional customer and agent experiences that attract and retain customers and grow revenue. CXone’s unified cloud customer experience platform is helping businesses stay one step ahead with “smart” capabilities for infusing artificial intelligence and automation across the platform, agent experience and customer journey.

About NICE

NICE (Nasdaq: NICE) is the world’s leading provider of both cloud and on-premises enterprise software solutions that empower organizations to make smarter decisions based on advanced analytics of structured and unstructured data. NICE helps organizations of all sizes deliver better customer service, ensure compliance, combat fraud and safeguard citizens. Over 25,000 organizations in more than 150 countries, including over 85 of the Fortune 100 companies, are using NICE solutions. www.nice.com.

Trademark Note: NICE and the NICE logo are trademarks or registered trademarks of NICE Ltd. All other marks are trademarks of their respective owners. For a full list of NICE’s marks, please see: www.nice.com/nice-trademarks.

Forward-Looking Statements

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Mr. Jarman, are based on the current beliefs, expectations and assumptions of the management of NICE Ltd. (the “Company”). In some cases, such forward-looking statements can be identified by terms such as “believe,” “expect,” “seek,” “may,” “will,” “intend,” “should,” “project,” “anticipate,” “plan,” “estimate,” or similar words. Forward-looking statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of changes in economic and business conditions, including as a result of the COVID-19 pandemic; competition; successful execution of the Company’s growth strategy; success and growth of the Company’s cloud Software-as-a-Service business; changes in technology and market requirements; decline in demand for the Company’s products; inability to timely develop and introduce new technologies, products and applications; difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel; loss of market share; an inability to maintain certain marketing and distribution arrangements; the Company’s dependency on third-party cloud computing platform providers, hosting facilities and service partners;, cyber security attacks or other security breaches against the Company; the effect of newly enacted or modified laws, regulation or standards on the Company and our products and various other factors and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (the “SEC”). For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company’s reports filed from time to time with the SEC, including the Company’s Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law.

Contacts

Corporate Media
Christopher Irwin-Dudek, +1 201 561 4442, chris.irwin-dudek@nice.com, ET

Investors
Marty Cohen, +1 551 256 5354, ir@nice.com, ET

Categories
Business Technology

NextPhase Medical Devices acquires Proven Process Medical Devices

Expanded R&D, engineering & design capabilities will complement suite of customer solutions

 

WALDWICK, N.J. — (BUSINESS WIRE) — NextPhase Medical Devices LLC, a leading provider of electronic manufacturing services (EMS) and single-use disposable devices to leading medical device OEMs, recently announced the acquisition of Proven Process Medical Devices Inc. Located in Mansfield, Mass., Proven Process expands NextPhase’s expertise in R&D, engineering, design and manufacturing of FDA Class II and III therapeutic and diagnostic devices. Proven Process’ areas of expertise include implantables, hand-held devices, combination devices, wearable devices and electro-mechanical capital equipment. Proven Process also adds a New England EMS Center of Excellence to NextPhase’s manufacturing locations in New Jersey, New Hampshire and Mexico.


NextPhase will incorporate Proven Process’ engineering expertise and design capabilities into its suite of customer solutions that will expand product offerings into high-growth categories, optimize supply chains and continue a culture of quality while also effectively managing costs.

“The acquisition of Proven Process reinforces NextPhase’s growth strategy, extends our technology platform and strengthens our capabilities to help our customers navigate medical device challenges,” said NextPhase CEO Carlo W. Colesanti. “Proven Process is known for its state-of-the-art engineering and its ability to act with speed to support customers in commercializing their technologies and products.”

Kenneth Fine, president of Proven Process, said, “Joining NextPhase will give our customers access to a world-class, Lean-focused organization with manufacturing capacity and scale. This will also help us to quickly expand our capabilities to better serve our customers. Our shared desire to engineer and manufacture some of the world’s most innovative medical devices that address unmet patient needs makes this a very exciting time for our two companies and for our employees and customers.”

About Proven Process Medical Devices

Proven Process is a medical device design, development and manufacturing services firm established by a tight-knit team in 1994 that envisioned a better way to serve the needs of medical device and healthcare brands and then set out to create it. More than two decades later, the company’s original vision has been realized, and is trusted by many of the medical device industry’s finest organizations. Proven Process’ extensive experience includes implantable, interventional, diagnostic and minimally invasive surgical devices. Learn more at www.provenprocess.com.

About NextPhase Medical Devices

NextPhase is a design, development and manufacturing partner that helps OEMs bring low- to medium-volume complex medical devices to market. Its expertise in electromechanical and single-use devices, combined with its skill in Lean manufacturing, helps it bring customer requirements to life. With an emphasis on its Core Values of customer priority, shop floor focus, teamwork, agility, accountability and continuous improvement, NextPhase has grown to become one of North America’s premier specialist outsourced manufacturers of medical devices. Learn more at www.nextphasemed.com.

Contacts

Robert Olsen

Chief Commercial Officer

sales@nextphasemed.com

Categories
Business Technology

Bristol Myers Squibb to host virtual investor event to discuss ASCO 2021 highlights

NEW YORK — (BUSINESS WIRE) — $BMYBristol Myers Squibb (NYSE: BMY) today announced that the company will host a virtual Investor Event on Tuesday, June 8, 2021 at 1 p.m. ET to discuss data presented at the 2021 American Society of Clinical Oncology (ASCO) Annual Meeting.

Company executives will provide an overview of data presented from the company’s oncology portfolio and address questions from investors and analysts.

Investors and the general public are invited to listen to a live webcast of the event at http://investor.bms.com. Materials related to the webcast will be available at the same website prior to the event. An archived edition of the Investor Event will be available later that day.

About Bristol Myers Squibb

Bristol Myers Squibb is a global biopharmaceutical company whose mission is to discover, develop and deliver innovative medicines that help patients prevail over serious diseases. For more information about Bristol Myers Squibb, visit us at BMS.com or follow us on LinkedIn, Twitter, YouTube, Facebook, and Instagram.

CorporateFinancial-News

Contacts

Bristol Myers Squibb
Media:

media@bms.com

Investor Relations:

Tim Power, 609-252-7509, timothy.power@bms.com
Nina Goworek, 908-673-9711, nina.goworek@bms.com

Categories
Science Technology

Bristol Myers Squibb presents new data at Digestive Disease Week® on Zeposia (ozanimod) highlighting clinical benefits and safety profile in patients with ulcerative colitis

Induction therapy with Zeposia improved key symptoms of concern to patients, including rectal bleeding and stool frequency as early as Week 2 in Phase 3 True North study

Maintenance treatment with Zeposia was associated with increased likelihood of corticosteroid-free remission in True North study

New data from pooled safety analysis of Zeposia shows a consistent safety profile

Data demonstrate commitment to understanding and helping improve outcomes in gastrointestinal immune-mediated diseases

 

PRINCETON, N.J. — (BUSINESS WIRE) — $BMY #DDW2021Bristol Myers Squibb (NYSE:BMY) today announced that additional data from multiple studies evaluating Zeposia (ozanimod) in ulcerative colitis (UC) were presented at Digestive Disease Week® (DDW), taking place virtually May 21-23, 2021. These data deepen the understanding of Zeposia and reinforce Bristol Myers Squibb’s commitment to understanding and addressing unmet needs in gastroenterology.

Research being shared includes:

  • Safety of Ozanimod in Patients with Moderately to Severely Active Ulcerative Colitis Over Time: Pooled Analysis from Phase 2, Phase 3, and Open-Label Extension Trials
    • Pooled analysis including data from the Phase 2 TOUCHSTONE study, Phase 3 True North study and open-label extension trial. Long-term treatment with Zeposia showed a safety profile that was consistent with its known safety profile.
      • These data (presentation 128) were featured as an oral presentation on May 21.
      • Author: D’Haens
  • Rapid Induction Effects of Ozanimod on Clinical Symptoms and Inflammatory Biomarkers in Patients with Moderately to Severely Active Ulcerative Colitis: Results from the Induction Phase of True North
    • Induction therapy with Zeposia improved symptoms of rectal bleeding and stool frequency in patients with moderately to severely active UC beginning as early as Week 2 and continuing through Week 10. Parallel reductions in inflammatory biomarkers were seen at Weeks 5 and 10 with Zeposia versus placebo.
      • These data (presentation 460) were featured as an oral presentation on May 22.
      • Author: Osterman
  • Corticosteroid-Free Remission in Patients with Moderately to Severely Active Ulcerative Colitis Treated with Ozanimod: Results from the Maintenance Phase of True North
    • Maintenance treatment with Zeposia was associated with increased likelihood of achieving corticosteroid-free remission versus placebo at Week 52 across a wide range of patient characteristics in UC.
      • These data (presentation 412) will be presented as a Grand Rounds: IBD presentation on May 23 from 11:35–11:40 a.m. EDT.
      • Author: Schreiber

“Together, these new data presented at Digestive Disease Week highlight the potential of Zeposia to address the need for additional safe and effective oral treatment options for adults with moderately to severely active ulcerative colitis,” said Mary Beth Harler, M.D., head of Immunology and Fibrosis Development, Bristol Myers Squibb. “We’ve made significant progress in our pursuit of more treatments with the potential to address the needs of patients living with gastrointestinal immune-mediated diseases and look forward to continuing our discussions with global regulatory health authorities to bring Zeposia to appropriate patients.”

Additional Bristol Myers Squibb-sponsored abstracts presented at DDW 2021 can be found below and accessed online here.

Visit this page on BMS.com for more information on Bristol Myers Squibb’s scientific approach and resources on gastrointestinal immune-mediated diseases.

Clinical Presentations

  • Incidence of Infections in Patients with Moderately to Severely Active Ulcerative Colitis Treated with Ozanimod and Relationship to Significant Lymphopenia: Results from a Pooled Safety Analysis

    Author: Rieder

    Presentation Number: Fr513

    Session Title: IBD: Adverse Events Related to Therapy

    Friday, May 21, 12:15–1 p.m. EDT

    Poster of Distinction

Health Economics and Outcomes Research (HEOR) Presentations

  • Real-World Dose Escalation in Patients with Moderate-to-Severe Ulcerative Colitis: A Systematic Review of the Literature

    Author: Kumar

    Presentation Number: 107

    Session Title: Efforts to Understand Disease and Improve Management in Inflammatory Bowel Disease & Colitis

    Friday, May 21, 1:58–2:12 p.m. EDT

    Chat (Oral)

  • Endoscopic Improvement and Histological Remission in Ulcerative Colitis: A Systematic Literature Review of Clinical, Economic and Quality of Life Outcomes

    Author: Kumar

    Presentation Number: Sa067

    Session Title: Patient Reported and Clinical Outcomes: IBD

    Saturday, May 22, 12:15–1 p.m. EDT

    Poster of Distinction

  • Treatment Patterns and Associated Outcomes in Patients with Moderate-to-Severe Ulcerative Colitis in the United States: A Systematic Review

    Author: Gupte-Singh

    Presentation Number: Sa086

    Session Title: Patient Reported and Clinical Outcomes: IBD

    Saturday, May 22, 12:15–1 p.m. EDT

    Poster

About True North

True North is a Phase 3, multicenter, randomized, double-blind, placebo-controlled trial comparing the efficacy and safety of Zeposia (ozanimod) 1mg in patients with moderately to severely active ulcerative colitis who did not adequately respond to prior treatment. In the induction phase, a total of 645 patients were randomized to receive Zeposia (n=429) or placebo (n=216) in Cohort 1, of whom 94% and 89%, respectively, completed the induction period. At study entry, mean age was 42 years, 60% were male and mean disease duration was 7 years; patient characteristics were well-balanced across treatment groups. Cohort 1 patients were randomized 2:1 to Zeposia or placebo and treated once daily for 10 weeks. Cohort 2 (n=367) was an open-label arm where patients were treated once daily with Zeposia for 10 weeks.

For the maintenance phase, patients on Zeposia from either Cohort 1 or 2 who achieved clinical response in the induction phase at Week 10 were re-randomized 1:1 to Zeposia (n=230) or placebo (n=227) through Week 52. Of these, 80% and 54.6% of patients who received Zeposia and placebo, respectively, completed the study. Patients discontinuing treatment due to TEAEs included 3 patients receiving Zeposia and 6 patients receiving placebo; disease relapse (13.5% Zeposia, 33.9% placebo) was the most common reason for discontinuation. Patients on placebo who achieved clinical response in the induction phase at Week 10 remained on placebo during this blinded maintenance phase.

In Cohort 1 of the induction phase and in the re-randomized patient group in the maintenance phase, approximately 30% of patients had prior TNF-inhibitor exposure.

All eligible patients were rolled into an open-label extension trial, which is ongoing and designed to assess the longer-term profile of Zeposia for the treatment of moderately to severely active ulcerative colitis.

The primary endpoints in True North are the proportion of patients in clinical remission based on a composite clinical and endoscopic score (3-component Mayo Score) at Week 10 in the induction phase, and at Week 52 for the maintenance phase. Secondary endpoints include the proportion of patients achieving clinical response at Week 10 and Week 52, the proportion of patients with endoscopic improvement (endoscopy score ≤1) at Week 10 and Week 52, the proportion of patients with mucosal healing at Week 10 and Week 52, and clinical remission at Week 52 in patients that were in remission at Week 10. In this study, mucosal healing is defined as endoscopic improvement with histologic remission. More information can be found on www.clinicaltrials.gov, NCT02435992.

About Ulcerative Colitis

Ulcerative colitis, a chronic inflammatory bowel disease (IBD), is characterized by an abnormal, prolonged immune response that creates long-lasting inflammation and ulcers (sores) in the mucosa (lining) of the large intestine (colon) or rectum. Symptoms include bloody stools, severe diarrhea and frequent abdominal pain. Ulcerative colitis has a major impact on patients’ health-related quality of life, including physical functioning, social and emotional well-being and ability to work. Many patients have an inadequate response or do not respond at all to currently available therapies. It is estimated that approximately 12.6 million people worldwide have IBD.

About Zeposia (ozanimod)

Zeposia (ozanimod) is an oral, sphingosine-1-phosphate (S1P) receptor modulator that binds with high affinity to S1P receptors 1 and 5. Zeposia reduces the capacity of lymphocytes to migrate from lymphoid tissue, reducing the number of circulating lymphocytes in peripheral blood, with minimal impact on cells involved in innate immune response, which are key components of immunosurveillance. The mechanism by which Zeposia exerts therapeutic effects in ulcerative colitis is unknown but may involve the reduction of lymphocyte migration into the intestines.

Bristol Myers Squibb is continuing to evaluate Zeposia in an open-label extension trial, which is designed to assess the longer-term profile of Zeposia for the treatment of moderately to severely active ulcerative colitis. The company is also investigating Zeposia for the treatment of moderately to severely active Crohn’s disease in the ongoing Phase 3 YELLOWSTONE clinical trial program.

Zeposia was approved by the U.S. Food and Drug Administration (FDA) for the treatment of adults with relapsing forms of multiple sclerosis (RMS) in March 2020. The European Commission approved Zeposia for the treatment of adult patients with relapsing remitting multiple sclerosis (RRMS) with active disease as defined by clinical or imaging features in May 2020. The European Medicines Agency validated Bristol Myers Squibb’s Marketing Authorization Application for Zeposia for the treatment of adults with moderately to severely active ulcerative colitis in December 2020. A regulatory decision from the EMA is expected in the second half of 2021. The FDA assigned a Prescription Drug User Fee Act (PDUFA) goal date of May 30, 2021 for Zeposia for the treatment of adults with moderately to severely active ulcerative colitis (UC). Zeposia is not approved for the treatment of ulcerative colitis in any country.

U.S. FDA-APPROVED INDICATION FOR ZEPOSIA

ZEPOSIA is indicated for the treatment of relapsing forms of multiple sclerosis (MS), to include clinically isolated syndrome, relapsing-remitting disease, and active secondary progressive disease, in adults.11

IMPORTANT SAFETY INFORMATION

Contraindications:

  • Patients who in the last 6 months, experienced myocardial infarction, unstable angina, stroke, transient ischemic attack (TIA), decompensated heart failure requiring hospitalization, or Class III/IV heart failure or have a presence of Mobitz type II second or third-degree atrioventricular (AV) block, sick sinus syndrome, or sino-atrial, unless the patient has a functioning pacemaker
  • Patients with severe untreated sleep apnea
  • Patients taking a monoamine oxidase (MAO) inhibitor

Infections: ZEPOSIA may increase the susceptibility to infections. Life-threatening and rare fatal infections have occurred in patients receiving ZEPOSIA. Obtain a recent (i.e., within 6 months or after discontinuation of prior MS therapy) complete blood count (CBC) including lymphocyte count before initiation of ZEPOSIA. Delay initiation of ZEPOSIA in patients with an active infection until the infection is resolved. Consider interruption of treatment with ZEPOSIA if a patient develops a serious infection. Continue monitoring for infections up to 3 months after discontinuing ZEPOSIA

  • Herpes zoster was reported as an adverse reaction in ZEPOSIA -treated patients. Herpes simplex encephalitis and varicella zoster meningitis have been reported with sphingosine 1-phosphate (S1P) receptor modulators. Patients without a healthcare professional-confirmed history of varicella (chickenpox), or without documentation of a full course of vaccination against varicella zoster virus (VZV), should be tested for antibodies to VZV before initiating ZEPOSIA. A full course of vaccination for antibody-negative patients with varicella vaccine is recommended prior to commencing treatment with ZEPOSIA
  • Cases of fatal cryptococcal meningitis (CM) were reported in patients treated with another S1P receptor modulator. If CM is suspected, ZEPOSIA should be suspended until cryptococcal infection has been excluded. If CM is diagnosed, appropriate treatment should be initiated.
  • Progressive Multifocal Leukoencephalopathy (PML) is an opportunistic viral infection of the brain that typically occurs in patients who are immunocompromised, and that usually leads to death or severe disability. No cases of PML were identified in active-controlled MS clinical trials with ZEPOSIA. PML has been reported in patients treated with S1P receptor modulators and other MS therapies and has been associated with some risk factors. If PML is suspected, withhold ZEPOSIA and perform an appropriate diagnostic evaluation. If confirmed, treatment with ZEPOSIA should be discontinued
  • In clinical studies, patients who received ZEPOSIA were not to receive concomitant treatment with antineoplastic, non-corticosteroid immunosuppressive, or immune-modulating therapies used for treatment of MS. Concomitant use of ZEPOSIA with any of these therapies would be expected to increase the risk of immunosuppression. When switching to ZEPOSIA from immunosuppressive medications, consider the duration of their effects and their mode of action to avoid unintended additive immunosuppressive effects
  • Use of live attenuated vaccines should be avoided during and for 3 months after treatment with ZEPOSIA. If live attenuated vaccine immunizations are required, administer at least 1 month prior to initiation of ZEPOSIA

Bradyarrhythmia and Atrioventricular Conduction Delays: Since initiation of ZEPOSIA may result in a transient decrease in heart rate and atrioventricular conduction delays, dose titration is recommended to help reduce cardiac effects. Initiation of ZEPOSIA without dose escalation may result in greater decreases in heart rate. If treatment with ZEPOSIA is considered, advice from a cardiologist should be sought for those individuals:

  • with significant QT prolongation
  • with arrhythmias requiring treatment with Class 1a or III anti-arrhythmic drugs
  • with ischemic heart disease, heart failure, history of cardiac arrest or myocardial infarction, cerebrovascular disease, and uncontrolled hypertension
  • with a history of Mobitz type II second-degree or higher AV block, sick-sinus syndrome, or sinoatrial heart block

Liver Injury: Elevations of aminotransferases may occur in patients receiving ZEPOSIA. Obtain liver function tests, if not recently available (i.e., within 6 months), before initiation of ZEPOSIA. Patients who develop symptoms suggestive of hepatic dysfunction should have hepatic enzymes checked and ZEPOSIA should be discontinued if significant liver injury is confirmed. Caution should be exercised when using ZEPOSIA in patients with history of significant liver disease

Fetal Risk: There are no adequate and well-controlled studies in pregnant women. Based on animal studies, ZEPOSIA may cause fetal harm. Women of childbearing potential should use effective contraception to avoid pregnancy during treatment and for 3 months after stopping ZEPOSIA

Increased Blood Pressure: Increase in systolic pressure was observed after about 3 months of treatment and persisted throughout treatment. Blood pressure should be monitored during treatment and managed appropriately. Certain foods that may contain very high amounts of tyramine could cause severe hypertension in patients taking ZEPOSIA. Patients should be advised to avoid foods containing a very large amount of tyramine while taking ZEPOSIA

Respiratory Effects: ZEPOSIA may cause a decline in pulmonary function. Spirometric evaluation of respiratory function should be performed during therapy, if clinically indicated

Macular edema: S1P modulators have been associated with an increased risk of macular edema. Patients with a history of uveitis or diabetes mellitus are at increased risk. Patients with a history of these conditions should have an ophthalmic evaluation of the fundus, including the macula, prior to treatment initiation and regular follow-up examinations. An ophthalmic evaluation is recommended in all patients at any time if there is a change in vision. Continued use of ZEPOSIA in patients with macular edema has not been evaluated; potential benefits and risks for the individual patient should be considered if deciding whether ZEPOSIA should be discontinued

Posterior Reversible Encephalopathy Syndrome (PRES): Rare cases of PRES have been reported in patients receiving a S1P receptor modulator. If a ZEPOSIA-treated patient develops unexpected neurological or psychiatric symptoms or any symptom/sign suggestive of an increase in intracranial pressure, a complete physical and neurological examination should be conducted. Symptoms of PRES are usually reversible but may evolve into ischemic stroke or cerebral hemorrhage. Delay in diagnosis and treatment may lead to permanent neurological sequelae. If PRES is suspected, treatment with ZEPOSIA should be discontinued

Unintended Additive Immunosuppressive Effects from Prior Immunosuppressive or Immune-Modulating Drugs: When switching from drugs with prolonged immune effects, the half-life and mode of action of these drugs must be considered to avoid unintended additive immunosuppressive effects while at the same time minimizing risk of disease reactivation. Initiating treatment with ZEPOSIA after treatment with alemtuzumab is not recommended

Severe Increase in Disability After Stopping ZEPOSIA: Severe exacerbation of disease, including disease rebound, has been rarely reported after discontinuation of a S1P receptor modulator. The possibility of severe exacerbation of disease should be considered after stopping ZEPOSIA treatment so patients should be monitored upon discontinuation

Immune System Effects After Stopping ZEPOSIA: After discontinuing ZEPOSIA, the median time for lymphocyte counts to return to the normal range was 30 days with approximately 90% of patients in the normal range within 3 months. Use of immunosuppressants within this period may lead to an additive effect on the immune system, therefore caution should be applied when initiating other drugs 4 weeks after the last dose of ZEPOSIA

Most common Adverse Reactions (≥ 4%): upper respiratory infection, hepatic transaminase elevation, orthostatic hypotension, urinary tract infection, back pain, and hypertension.

For additional safety information, please see the full Prescribing Information and Medication Guide.

About Digestive Disease Week® (DDW)

Digestive Disease Week® (DDW) is the largest international gathering of physicians, researchers and academics in the fields of gastroenterology, hepatology, endoscopy and gastrointestinal surgery. Jointly sponsored by the American Association for the Study of Liver Diseases (AASLD), the American Gastroenterological Association (AGA) Institute, the American Society for Gastrointestinal Endoscopy (ASGE) and the Society for Surgery of the Alimentary Tract (SSAT), DDW is a fully virtual meeting from May 21-23, 2021. The meeting showcases more than 2,000 abstracts and hundreds of lectures on the latest advances in GI research, medicine and technology. More information can be found at www.ddw.org.

About Bristol Myers Squibb

Bristol Myers Squibb is a global biopharmaceutical company whose mission is to discover, develop and deliver innovative medicines that help patients prevail over serious diseases. For more information about Bristol Myers Squibb, visit us at BMS.com or follow us on LinkedIn, Twitter, YouTube, Facebook and Instagram.

Celgene and Juno Therapeutics are wholly owned subsidiaries of Bristol-Myers Squibb Company. In certain countries outside the U.S., due to local laws, Celgene and Juno Therapeutics are referred to as, Celgene, a Bristol Myers Squibb company and Juno Therapeutics, a Bristol Myers Squibb company.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 regarding, among other things, the research, development and commercialization of pharmaceutical products. All statements that are not statements of historical facts are, or may be deemed to be, forward-looking statements. Such forward-looking statements are based on historical performance and current expectations and projections about our future financial results, goals, plans and objectives and involve inherent risks, assumptions and uncertainties, including internal or external factors that could delay, divert or change any of them in the next several years, that are difficult to predict, may be beyond our control and could cause our future financial results, goals, plans and objectives to differ materially from those expressed in, or implied by, the statements. These risks, assumptions, uncertainties and other factors include, among others, that future study results will be consistent with the results to date, that Zeposia (ozanimod) may not receive regulatory approval for the additional indications described in this release in the currently anticipated timeline or at all and, if approved, whether such product candidate for such additional indications described in this release will be commercially successful. No forward-looking statement can be guaranteed. Forward-looking statements in this press release should be evaluated together with the many risks and uncertainties that affect Bristol Myers Squibb’s business and market, particularly those identified in the cautionary statement and risk factors discussion in Bristol Myers Squibb’s Annual Report on Form 10-K for the year ended December 31, 2020, as updated by our subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other filings with the Securities and Exchange Commission. The forward-looking statements included in this document are made only as of the date of this document and except as otherwise required by applicable law, Bristol Myers Squibb undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise.

corporatefinancial-news

Contacts

Bristol Myers Squibb

Media Inquiries:
media@bms.com

Arlene Melendez

Arlene.Melendez@bms.com

Investors:
Tim Power

609-252-7509

Timothy.Power@bms.com

Nina Goworek

908-673-9711

Nina.Goworek@bms.com