Acadia Healthcare Forms Joint Venture with Henry Ford Health System to Build Modern Behavioral Health Facility to Serve Detroit Area Communities

Acadia Healthcare Forms Joint Venture with Henry Ford Health System to Build Modern Behavioral Health Facility to Serve Detroit Area Communities

FRANKLIN, Tenn.–(BUSINESS WIRE)–
Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced that it has formed a joint venture with Henry Ford Health System, one of Michigan’s premier, academic and integrated health systems. Henry Ford selected Acadia Healthcare, the nation’s largest stand-alone behavioral healthcare company, as its partner for a new behavioral health hospital to address the growing, unmet need for accessible, high-quality behavioral health services in Detroit and the surrounding counties.

“Acadia is extremely pleased to be partnering with a premier healthcare provider like Henry Ford to provide these critically needed services in the Detroit area,” said Debbie Osteen, Chief Executive Officer of Acadia Healthcare. “The new hospital will make a positive difference in the lives of individuals and families throughout the region. This partnership is a strong example of one of our growth strategies to continue to expand our treatment network through strategic joint ventures with many of the country’s leading health organizations.”

“We chose Acadia because of its commitment to patient- and family-centered care, strong clinical outcomes, and proven track record of collaborating with health systems across the country,” said Wright Lassiter, III, President and Chief Executive Officer of Henry Ford Health System. “Henry Ford has been a trusted healthcare provider in the Detroit area for more than 100 years and is committed to meeting the rapidly growing demand for behavioral health services in the communities we serve. Healthcare is one of the most important building blocks of a strong community, and every individual deserves safe, accessible, affordable, compassionate, and high-quality care.”

Construction will begin once all regulatory approvals are met. Slated to open in late 2022, the hospital will have 192 beds with the potential to expand to meet future demand for inpatient services in the area. Comprehensive inpatient treatment will be provided for adults, seniors and adolescents who struggle with acute symptoms of mental health disorders. In addition to offering a full continuum of inpatient care, the hospital will also serve as a destination academic site for the training of inpatient psychiatry residents, medical students, nurses and other healthcare professionals.

About Acadia Healthcare

Acadia is a leading provider of behavioral healthcare services. As of September 30, 2020, Acadia operated a network of 582 behavioral healthcare facilities with approximately 18,300 beds in 40 states, Puerto Rico and the United Kingdom. Acadia provides behavioral healthcare and substance use services to its patients in a variety of settings, including inpatient psychiatric hospitals, specialty treatment facilities, residential treatment centers and outpatient clinics.

About Henry Ford Health System

Founded in 1915 by Henry Ford himself, Henry Ford Health System is a non-profit, integrated health system committed to improving people’s lives through excellence in the science and art of healthcare and healing. Henry Ford Health System consists of six hospitals and also includes Henry Ford Medical Group; Henry Ford Physician Network; more than 250 outpatient facilities; Henry Ford Pharmacy; Henry Ford OptimEyes; and other healthcare services. Henry Ford’s not-for-profit health plan, Health Alliance Plan (HAP) provides health coverage for more than 540,000 people.

As one of the nation’s leading academic medical centers, Henry Ford Health System trains more than 3,000 medical students, residents, and fellows annually in more than 50 accredited programs, and has trained nearly 40% of the state’s physicians.

Gretchen Hommrich

Acadia Healthcare

(615) 861-6000

KEYWORDS: United States North America Michigan Tennessee

INDUSTRY KEYWORDS: Hospitals General Health Health Mental Health

MEDIA:

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Hudson Pacific Properties Appoints Karen Brodkin to Board of Directors

Hudson Pacific Properties Appoints Karen Brodkin to Board of Directors

LOS ANGELES–(BUSINESS WIRE)–Hudson Pacific Properties, Inc. (NYSE: HPP) announced today that media and sports executive Karen Brodkin has been appointed to the company’s Board of Directors, effective January 1, 2021.

Brodkin has held senior management positions at and advised leading media and entertainment companies throughout her career. She currently serves as Executive Vice President of Content Strategy and Development at Endeavor and Co-Head of WME Sports. In this role, she leads business development and strategy for a range of business areas across the Endeavor portfolio.

“Hudson Pacific is thrilled to welcome Karen Brodkin to our Board of Directors,” said Victor Coleman, Chairman and Chief Executive Officer of Hudson Pacific Properties. “Karen is a highly accomplished executive with experience and demonstrated leadership in business and the media, entertainment and sports sectors. She will provide invaluable perspective on key industries and topics that will continue to propel our company’s growth.”

Before joining Endeavor, Brodkin worked as an Executive Vice President of Business and Legal Affairs at FOX Sports Media Group and spent five years as an entertainment attorney at two Los Angeles-based entertainment firms. She is the former Chairperson of the Board of Directors of the Los Angeles Sports Council, and presently serves on the Sports and Entertainment Leadership Council for Los Angeles Children’s Hospital, the Los Angeles Leadership Committee of the U.S. Soccer Foundation, and the Leadership Circle of the Harvard Kennedy School Women and Public Policy Board of Directors. She is also a member of the Board of Directors for Los Angeles Family Housing.

Brodkin received a B.A. from the University of California, Berkeley, and her law degree from the University of California, Hastings College of the Law, where she graduated Order of the Coif.

About Hudson Pacific Properties

Hudson Pacific is a real estate investment trust with a portfolio of office and studio properties totaling nearly 19 million square feet, including land for development. Focused on premier West Coast epicenters of innovation, media and technology, its anchor tenants include Fortune 500 and leading growth companies such as Netflix, Google, Square, Uber, NFL Enterprises and more. Hudson Pacific is publicly traded on the NYSE under the symbol HPP and listed as a component of the S&P MidCap 400 Index. For more information visit HudsonPacificProperties.com.

Forward-Looking Statements Regarding Hudson Pacific Properties

This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond Hudson Pacific’s control, which may cause actual results to differ significantly from those expressed in any forward-looking statement. All forward-looking statements reflect Hudson Pacific’s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, Hudson Pacific disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause Hudson Pacific’s future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in Hudson Pacific’s Annual Report on Form 10-K filed with the Securities and Exchange Commission, or SEC, and other risks described in documents subsequently filed by Hudson Pacific from time to time with the SEC.

Hudson Pacific Properties

Investor Contact:

Laura Campbell

Senior Vice President, Investor Relations & Marketing

(310) 622-1702

[email protected]

Media Contact:

Laura Murray

Director, Corporate Communications

(310) 622-1781

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Commercial Building & Real Estate Construction & Property

MEDIA:

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CohBar Confirms Efficacy of Novel Apelin Agonists in Acute Respiratory Distress Syndrome (ARDS) Model

MENLO PARK, Calif., Dec. 09, 2020 (GLOBE NEWSWIRE) — CohBar, Inc. (NASDAQ: CWBR), a clinical stage biotechnology company developing mitochondria based therapeutics to treat chronic diseases and extend healthy lifespan, today announced new preclinical data confirming the efficacy of its apelin agonist peptides in a preclinical model of acute respiratory distress syndrome (ARDS). The company expects the apelin agonists to have potential to treat COVID-19 associated ARDS as well as ARDS patients in general, of which there are approximately three million globally.

“These new positive preclinical results confirm previous data showing CB5064 Analogs reduce fluid accumulation and pro-inflammatory cytokine secretion, key processes underlying the lethal consequences of severe ARDS and COVID-19 associated ARDS,” said Kenneth C. Cundy, PhD, CohBar’s Chief Scientific Officer. “By engaging the apelin pathway, CohBar’s novel approach has the potential to treat ARDS and COVID-19 associated ARDS, while also reducing the global damage caused by a cytokine storm that reaches beyond the lungs to other organs such as the kidneys, liver, and heart. We plan to complete additional ongoing studies and submit the combined data for presentation at a future scientific meeting.”

In the preclinical study, acute lung injury was induced in mice by administration of lipopolysaccharide (LPS), a bacterial toxin that produces similar symptoms to other causes of ARDS, including fluid accumulation and cytokine secretion. A single dose of CB5064 Analog was administered one hour prior to the LPS exposure and effects on lung weight and levels of pro-inflammatory cytokines were measured at 4 hours after LPS exposure. Treatment with CB5064 Analogs reduced fluid accumulation in the lungs and a corresponding broad reduction in levels of key pro-inflammatory cytokines secreted into the lung fluid, when compared to treatment with a placebo control.

“ARDS is a major unmet medical need and there are no approved therapeutics for this devastating condition,” stated Professor Toby Maher, Director of Interstitial Lung Disease and Professor of Medicine at the Keck School of Medicine, University of Southern California. “The data for CohBar’s apelin agonists in this preclinical model are encouraging and support further advancement of the program towards candidate selection for clinical testing.”

Further details of these new data will be available on the CohBar website at www.cohbar.com.

About the Apelin Receptor and Apelin

The apelin receptor is broadly expressed and abundant in lung tissue and published preclinical studies have shown that apelin signaling can reduce the severity of acute lung injury, by reducing lung fluid accumulation, hypoxemia, and cytokine secretion, which also occur in COVID-19 associated ARDS and lead to downstream injury to kidney, heart, and other organs.

Apelin is an endogenous peptide released by fat cells that activates the apelin receptor, a key cell surface receptor involved in protective regulation of fluid homeostasis, cardiovascular function, and metabolism. In addition to its protective effects in lung injury, apelin has also been shown to reduce body weight and improve insulin sensitivity in obese mice. Published clinical reports show that obesity and diabetes are major underlying risk factors in severe COVID-19, with a mortality rate of 7.8% in patients with type 2 diabetes versus 2.7% in patients without this comorbidity.

About ARDS

In addition to COVID-19, ARDS can be triggered by viral or bacterial pneumonia, sepsis, trauma or other events and represents a major cause of morbidity and mortality. There is an unmet need for a safe and effective treatment of ARDS due to its high mortality rate and lack of effective drug treatments. It also prolongs hospital stays and requires convalescence in the hospital and rehabilitation. An effective therapy would reduce time on ventilators and in the ICU, reduce mortality, and improve quality of life. ARDS affects approximately three million patients globally.

About CohBar

CohBar (NASDAQ: CWBR) is a clinical stage biotechnology company focused on the research and development of mitochondria based therapeutics, an emerging class of drugs for the treatment of chronic and age-related diseases. Mitochondria based therapeutics originate from the discovery by CohBar’s founders of a novel group of naturally occurring peptide sequences within the mitochondrial genome, some of which have been shown to have the potential to regulate key processes in multiple systems and organs in the body. To date, the company has discovered more than 100 mitochondrial derived peptides and generated over 1,000 analogs. CohBar’s efforts focus on the development of these peptides into therapeutics that offer the potential to address a broad range of diseases because of the underlying impact of mitochondrial dysfunction. The company’s lead compound, CB4211, is in the Phase 1b stage of a Phase 1a/1b clinical trial for NASH and obesity. In addition, CohBar has four preclinical programs: CB5138 Analogs for fibrotic diseases, CB5064 Analogs for COVID-19 associated ARDS, MBT5 Analogs for CXCR4-related cancer and orphan diseases, and MBT3 Analogs for cancer immunotherapy.

For additional company information, please visit www.cohbar.com.

Forward-Looking Statements

This news release contains forward-looking statements which are not historical facts within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and other future conditions. In some cases you can identify these statements by forward-looking words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “should,” “would,” “project,” “plan,” “expect,” “goal,” “seek,” “future,” “likely” or the negative or plural of these words or similar expressions. Examples of such forward-looking statements include but are not limited to statements regarding anticipated outcomes of research and clinical trials for our mitochondria based therapeutic (MBT) candidates; expectations regarding the growth of MBTs as a significant future class of drug products; and statements regarding anticipated therapeutic properties and potential of our mitochondrial peptide analogs, MBTs and other potential therapies, including but not limited to in the treatment of IPF. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include: our ability to successfully advance drug discovery and development programs, including the delay or termination of ongoing clinical trials; our possible inability to mitigate the prevalence and/or persistence of the injection site reactions, receipt of unfavorable feedback from regulators regarding the safety or tolerability of CB4211 or the possibility of other developments affecting the viability of CB4211 as a clinical candidate or its commercial potential; results that are different from earlier data results including less favorable than and that may not support further clinical development; our ability to raise additional capital when necessary to continue our operations; our ability to recruit and retain key management and scientific personnel; the risk that our intellectual property may not be adequately protected; our ability to establish and maintain partnerships with corporate and industry partners; and risks related to the impact on our business of the COVID-19 pandemic or similar public health crises. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the Securities and Exchange Commission and applicable Canadian securities regulators, which are available on our website, and at www.sec.gov or www.sedar.com

You are cautioned that such statements are not guarantees of future performance and that our actual results may differ materially from those set forth in the forward-looking statements. The forward-looking statements and other information contained in this news release are made as of the date hereof and CohBar does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Nothing herein shall constitute an offer to sell or the solicitation of an offer to buy any securities.

Contacts:

Jordyn Tarazi
Director of Investor Relations
CohBar, Inc.
(650) 445-4441
[email protected]



Genius Brands International to Present at the LD Micro Investor Conference on December 15th

Shaquille O’Neal, NBA legend, Genius Brands shareholder, and Co-Executive Producer of Genius Brands’ ‘Shaq’s Garage’ animated series, to Provide Keynote Interview

BEVERLY HILLS, Calif., Dec. 09, 2020 (GLOBE NEWSWIRE) — Genius Brands International, Inc. “Genius Brands” (NASDAQ:GNUS), a global brand management company that creates and licenses multimedia entertainment content for children, today announced that it will be presenting at the 13th Annual LD Micro investor conference on Tuesday, December 15th at 10:00 a.m. PST / 1:00 p.m. EST. Andy Heyward, Genius Brands’ Chairman and CEO, will be presenting to a live, virtual audience.

The presentation will be followed by 10 minutes of Q&A by a panel of investors and analysts. 

In addition, Genius Brands will also present a rare and intimate interview with NBA legend and Genius Brands shareholder, Shaquille O’Neal, who will Co-Executive Produce and star in Genius Brands’ upcoming animated series Shaq’s Garage, during which he will talk about the upcoming production, as well as his career as a successful businessman, philanthropist, and his philosophy for success in life. Shaq will be interviewed by Emmy Award Winning Fox Sports broadcaster Charissa Thompson. The interview will take place on Monday, December 14th at 3:00 pm PST / 6:00 pm EST.

Register here
:

ve.mysequire.com/

The investor conference will take place on December 14th and 15th, exclusively on the Sequire Virtual Events platform.

About Genius Brands International

Genius Brands International, Inc. (Nasdaq: GNUS) is a leading global kids media company developing, producing, marketing and licensing branded children’s entertainment properties and consumer products for media and retail distribution. The Company’s award-winning ‘content with a purpose’ portfolio includes the upcoming Stan Lee’s Superhero Kindergarten, starring Arnold Schwarzenegger and in partnership with Alibaba; Shaq’s Garage, starring Shaquille O’Neal; Rainbow Rangers for Nick Jr.; Llama Llama, starring Jennifer Garner, for Netflix; award-winning toddler brand Baby Genius; adventure comedy STEM series Thomas Edison’s Secret Lab; and entrepreneurship series Warren Buffett’s Secret Millionaires Club. Through licensing agreements with leading partners, characters from Genius Brands’ IP also appear on a wide range of consumer products for the worldwide retail marketplace. The Company’s new Kartoon Channel! is available in over 100 million U.S. television households via a broad range of distribution platforms, including Comcast, Cox, DISH, Amazon Prime, Sling TV, Apple TV, Roku, Amazon Fire and more. For additional information, please visit www.gnusbrands.com.

About LD Micro/SEQUIRE

LD Micro began in 2006 with the sole purpose of being an independent resource to the microcap world. What started as a newsletter highlighting unique companies, has transformed into the pre-eminent event platform in the space. For more information, please visit ldmicro.com.

The upcoming Main Event will be highlighting a new format that will benefit both executives and the investors tuning in from all over the globe. 

In September 2020, LD Micro. Inc. was acquired by SRAX, Inc., a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire, companies can track their investors’ behaviors and trends and use those insights to engage current and potential investors across marketing channels. For more information on SRAX, visit srax.com and mysequire.com.

Genius Brands
C
ontacts
:

MEDIA CONTACT:

[email protected]

INVESTOR RELATIONS CONTACT:                                                                        

[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cfd28c37-c209-429d-9d18-b9955fe31985



atSpoke Selected by PagerDuty as Its Modern Workplace Operations Platform to Deliver Superior Employee Support

PagerDuty replaces legacy ticketing system with atSpoke, gaining one solution for IT and HR, end-to-end automation, and convenient employee support where they already work

SAN FRANCISCO, Dec. 09, 2020 (GLOBE NEWSWIRE) — atSpoke, the modern workplace operations platform, announced PagerDuty has selected atSpoke to give one centralized solution to every internal support team and to allow employees to effortlessly make requests where they already work. atSpoke also now integrates with PagerDuty, enabling responders to trigger actions in PagerDuty from within Slack and atSpoke tickets, creating connected and faster workflows.


PagerDuty
, a leader in digital operations management, wanted to streamline workflows to better support their fully remote workforce and needed a solution that let employees use Slack without having to switch to a different tool just to make a request. The IT team also wanted to leverage automation to eliminate manual tasks, reduce the typical back-and-forth to gather necessary information, and extend high-quality employee support more efficiently.

Why atSpoke?

After evaluating several solutions, PagerDuty selected atSpoke because it works for more than just the IT team, serving any function across HR, facilities, sales, and marketing operations. atSpoke also seamlessly connects the company’s existing ecosystem, eliminating time wasted toggling between tools. Employees can now conveniently make all their requests via Slack, and with AI weaved end-to-end, atSpoke automates repetitive questions and manual workflows to boost productivity.

“Our biggest challenge prior to atSpoke was how weighed down our teams felt from using a traditional ticketing system, as it didn’t seamlessly integrate into their existing workflow,” said Chad Kalmes, Vice President of Technology and Risk at PagerDuty. “We looked at several options to remedy this, including AI chat bots, but this approach really limited our employee support only to the IT team. We quickly realized atSpoke was the only modern help desk solution that could work across several teams while also automating simple tasks. While we’ve only just started using atSpoke, the IT and HR teams are already seeing an invaluable return on investment, and we’re looking forward to expanding across operations even further.”

atSpoke Now Integrates with PagerDuty

Today, atSpoke also announced its integration with PagerDuty, bridging the gap between disparate tools and centralizing data to break down information silos. IT teams can now seamlessly move a ticket between atSpoke and PagerDuty, without losing any context. This gives cross-functional teams visibility into a previously-opaque process, so they can see all requests and incidents — whether submitted via atSpoke or PagerDuty — and escalate incidents to the right on-call swiftly and automatically.

Watch atSpoke and PagerDuty’s Recent Virtual CIO Chat

To learn more about harnessing the power of the modern SaaS ecosystem, watch the Virtual CIO Chat between Kalmes and atSpoke Co-founder and CEO Jay Srinivasan, where they discuss how digital transformation has changed the way businesses need to operate internally.

atSpoke Resources

About atSpoke

atSpoke is a modern workplace operations platform that helps your organization to scale by giving every employee what they need to be their most productive. IT, HR, and Operations teams resolve requests faster and employees get convenient and immediate help in the tools they already use. Customers like Databricks, Robinhood, ThoughtSpot, DraftKings, and Drift use atSpoke to unlock their workforce productivity and move work forward faster. Learn more at atSpoke.com.



Contact 
Shannon Campbell
Offleash for atSpoke
[email protected]  

DirectTrust Welcomes Amended Health Information Exchange Report from Veterans Affairs Office of Inspector General

WASHINGTON, Dec. 09, 2020 (GLOBE NEWSWIRE) — DirectTrust™ today welcomed an updated report on the Veterans Health Administration health information exchange program from the Department of Veterans Affairs Office of Inspector General (VA OIG). DirectTrust is a non-profit healthcare industry alliance created to support secure, identity-verified electronic exchanges of protected health information (PHI) between provider organizations, and between providers and patients, for the purpose of improved coordination of care.

The report—“Improving VA and Select Community Care Health Information Exchanges”—issued November 10, 2020, contains updates with explanatory footnotes on pages ii, 3, and 7.

“The VA OIG report provides valuable insight and recommendations on how to enhance the Veterans Health Information Exchange program. We’re heartened to see the changes in the amended report, which, among other changes, clarifies that membership in DirectTrust is not required to utilize the Direct Standard™ and Direct Secure Messaging,” stated Scott Stuewe, DirectTrust President and CEO. “We look forward to our continued partnership with the VA, including leveraging broadly deployed Direct Secure Messaging to provide the best possible care for our veterans.”

About
DirectTrust

DirectTrust™ is a non-profit, vendor-neutral alliance initially created by and for participants in the Direct community, including Health Information Service Providers (HISPs), Certificate Authorities (CAs), Registration Authorities (RAs), healthcare providers, consumers/patients, and Health IT vendors. DirectTrust serves as a governance forum, trust community, standards organization, and accreditation body for persons and entities engaged in exchange utilizing the Direct Standard™, supported by DirectTrust’s robust security and trust framework. The goal of DirectTrust is to develop, promote, and, as necessary, help enforce the rules and best practices necessary to maintain security and trust within the Direct Secure Messaging community. DirectTrust is committed to fostering widespread public confidence in the interoperable exchange of health information. To learn more, visit www.directtrust.org.

Media Contact

Ed Emerman
Eagle Public Relations
609.240.2766
[email protected]



Evelo Biosciences Announces New Clinical Candidate in Oncology and Presents Additional Interim Data from Phase 1/2 Clinical Trial of EDP1503 in Patients with Triple-Negative Breast Cancer

–EDP1908 announced as clinical candidate in oncology after showing superior preclinical activity over EDP1503–
–Interim clinical data for EDP1503 suggest potential of orally delivered SINTAX™ product candidates to activate systemic immunity–

CAMBRIDGE, Mass., Dec. 09, 2020 (GLOBE NEWSWIRE) — Evelo Biosciences, Inc. (Nasdaq:EVLO), a clinical stage biotechnology company developing a new modality of orally delivered medicines which act in the small intestine with systemic effects, today announced that it is prioritizing EDP1908 as its lead clinical candidate in oncology given its superior preclinical activity over EDP1503. The Company will halt patient recruitment in the Phase 1/2 clinical trial of EDP1503 and will wind down the study. The Company also announced that additional interim clinical data from its Phase 1/2 open-label study evaluating EDP1503 in combination with pembrolizumab in patients with triple-negative breast cancer (TNBC) were presented today in a poster session at the San Antonio Breast Cancer Symposium (SABCS) 2020 Virtual Meeting. The presentation showed that as of a cutoff date of October 30, 2020, EDP1503 was well-tolerated, with an overall response rate (ORR) of 17 percent and a disease control rate (DCR) of 25% in the 12 patients who received the higher dose of EDP1503. These results suggest that the small intestinal axis, SINTAX™, has the potential to be targeted with oral, gut-restricted medicines.

“The EDP1908 preclinical data presented last month at the Society for Immunotherapy for Cancer (SITC) meeting showed that orally administered bacterial extracellular vesicles (EV) showed encouraging preclinical activity without systemic distribution. Based on the strength of the preclinical results from EDP1908 compared to those we observed during our early development of EDP1503, combined with the EDP1503 clinical results, we have decided to focus on advancing EDP1908 as our lead oncology product candidate,” said Duncan McHale, M.B.B.S., Ph.D., Chief Medical Officer of Evelo. “EVs may offer oncology patients better outcomes and serve as the foundation of a new class of potentially safe, effective, and affordable immuno-oncology medicines. We are now scaling up manufacturing in order to advance EDP1908 into the clinic in the first half of 2022.”

Reminder of Data Presented at
SITC Annual Meeting

In the preclinical study presented at SITC, tumor-bearing mice were treated with ascending doses of either oral EDP1908 or the parental microbial strain of EDP1908, or with anti-PD-1. Treatment with EDP1908 resulted in superior tumor growth control versus either the parent microbial strain or anti-PD-1 therapy, with an observed dose-dependent reduction in tumor growth. The effects were at least comparable to those reported in the literature for intra-tumorally administered immune stimulators.

Treatment with EDP1908 significantly reduced tumor growth in syngeneic mice compared to vehicle, and activated IFNγ-positive cytolytic and helper lymphocytes, dendritic cells, and interferon gamma-induced protein 10 (IP-10) in the tumor microenvironment. Fluorescent biodistribution analysis showed that EDP1908 was not detected outside the gastrointestinal tract. These data suggest that EDP1908 activated innate immunity locally on host immune cells in the gut and triggered distal immune responses within the tumor microenvironment, with no apparent adverse safety or tolerability issues.

Additional Interim Data Presented at SABCS from the Phase 1/2 Clinical Trial of EDP1503 in Combination with Pembrolizumab

As of the data cutoff date of October 30, 2020, 15 patients had been treated across two EDP1503 doses, including three patients treated with low dose EDP1503 (two capsules twice daily (BID)) and 12 patients treated with high dose EDP1503 (four capsules BID). 27 percent of patients had received prior anti-PD-(L)1 therapy.


Interim


Safety


Results


As of the cutoff date, the combination of EDP1503 and pembrolizumab was generally well-tolerated with the majority of treatment-related adverse events (AEs) reported by investigators being Grade 1 or 2. Across all grades, treatment-related AEs reported by investigators most commonly included abdominal distension (20%), decreased appetite (20%), diarrhea (13%), flatulence (13%), nausea (13%), pruritis (13%) and rash maculo-papular (13%). Investigators reported a single treatment-related Grade 3 AE in one patient (diarrhea). No treatment-related Grade 4 or 5 AEs or serious AEs were reported, and one patient discontinued EDP1503 due to a treatment-related AE.


Interim Efficacy Results


Fifteen patients were evaluable for response assessment as of the cutoff date, as measured using the Response Evaluation Criteria in Solid Tumors (RECIST). Among all 15 patients treated, the ORR was 13 percent, and the DCR was 20 percent. In patients receiving high dose EDP1503 therapy (n=12), the ORR was 17 percent and the DCR was 25 percent, with partial responses observed in two patients and stable disease observed in one patient. One patient who had relapsed on prior therapy with an anti-PD-L1 inhibitor combination had a partial response to the EDP1503 and pembrolizumab combination treatment. The patient was on treatment for 10.5 months and had no measurable disease visible on their latest PET scan as of the data cutoff date.

About Extracellular Vesicles

Some bacteria produce EVs that share molecular content with the parent bacterium, in particles that are roughly one-one thousandth the volume and are not capable of self-replicating. EVs enable bacterial communication and survival during stress, host-immune modulation, material exchange and cell-cell interactions. EV’s significantly smaller size compared to microbes may enable improved distribution and target engagement.

About Evelo Biosciences

Evelo Biosciences is a clinical stage biotechnology company developing orally delivered product candidates that are designed to act on SINTAX™, the small intestinal axis, with systemic therapeutic effects. SINTAX plays a central role in governing the immune, metabolic, and neurological systems. The company’s first product candidates are pharmaceutical preparations of single strains of microbes selected for the potential to offer defined pharmacological properties. Evelo’s therapies have the potential to be effective, safe, and affordable medicines to improve the lives of people with inflammatory diseases and cancer.

Evelo currently has four product candidates in development: EDP1815, EDP1867, and EDP2939 for the treatment of inflammatory diseases and EDP1908 for the treatment of cancer. Evelo is advancing additional product candidates in other disease areas.

For more information, please visit www.evelobio.com and engage with Evelo on LinkedIn.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including statements concerning the development of EDP1908, the promise and potential impact of EDP1908, and the timing of and plans for clinical trials of EDP1908.

These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the following: the impact of the COVID-19 pandemic on our operations, including our preclinical studies and clinical trials, and the continuity of our business; we have incurred significant losses, are not currently profitable and may never become profitable; our need for additional funding; our limited operating history; our unproven approach to therapeutic intervention; the lengthy, expensive, and uncertain process of clinical drug development, including potential delays in regulatory approval; our reliance on third parties and collaborators to expand our microbial library, conduct our clinical trials, manufacture our product candidates, and develop and commercialize our product candidates, if approved; our lack of experience in manufacturing, selling, marketing, and distributing our product candidates; failure to compete successfully against other drug companies; protection of our proprietary technology and the confidentiality of our trade secrets; potential lawsuits for, or claims of, infringement of third-party intellectual property or challenges to the ownership of our intellectual property; our patents being found invalid or unenforceable; risks associated with international operations; our ability to retain key personnel and to manage our growth; the potential volatility of our common stock; our management and principal stockholders have the ability to control or significantly influence our business; costs and resources of operating as a public company; unfavorable or no analyst research or reports; and securities class action litigation against us.

These and other important factors discussed under the caption “Risk Factors” in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, and our other reports filed with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, except as required by law, we disclaim any obligation to do so, even if subsequent events cause our views to change. These forward-looking statements should not be relied upon as representing our views as of any date
subsequent to
the date of this press release.

Contact

Jessica Cotrone, 978-760-5622
[email protected]



Ellume’s COVID-19 Home Test shows 96% accuracy in multi-site US clinical study

  • Ellume submits Emergency Use Authorization to the U.S. Food and Drug Administration
    for the Ellume COVID-19
    h
    ome
    t
    est
  • Clinical study demonstrated overall sensitivity of 95% and specificity of 97%
  • Clinically v
    alidated for use in symptomatic and asymptomatic users ages 2 years and
    above
  • Independently run, simulated home-use clinical study
    of
    1
    9
    8
    subjects
  • Ellume is ramping up manufacture, with
    production
    on-track for
    over 100,
    000
    tests per day in January

VALENCIA, Calif. and BRISBANE, Australia, Dec. 09, 2020 (GLOBE NEWSWIRE) — Digital diagnostics company Ellume today announced its rapid, at-home COVID-19 antigen test has demonstrated 96% accuracy compared to an EUA molecular test in an independently-run, US clinical study in five (5) states. The Ellume COVID-19 home test was shown to be a safe and simple-to-use test for the detection of SARS-CoV-2 nucleocapsid antigen in users aged 2 years and above. The rapid self-test enables individuals to test for an active COVID-19 infection in 15 minutes or less.

Ellume has submitted its COVID-19 home test to the U.S. Food and Drug Administration (FDA) for Emergency Use Authorization (EUA).

In data submitted to the FDA from a simulated home-use clinical study of 198 subjects ranging in age from 2 years to 82 years, Ellume’s COVID-19 home test demonstrated an overall sensitivity of 95% (positive percent agreement) and specificity of 97% (negative percent agreement) when compared to an emergency use-authorized RT-PCR laboratory test. In individuals presenting with COVID-19 symptoms, the Ellume COVID-19 home test demonstrated a sensitivity of 96% and specificity of 100%, and in asymptomatic individuals, the test demonstrated a sensitivity of 91% and specificity of 96%.

Ellume set out in 2010 to createsimple, rapid, accurate diagnostic tests for common infectious diseases. Today’s announcement is the culmination of a decade of work developingour core technology. The Ellume COVID-19 home test has demonstrated performance equivalent to or better than, the rapid immunoassay tests used by doctors at the point-of-care,” said Dr. Sean Parsons, Ellume founder and CEO.

Ellume’s COVID-19 home test works in conjunction with a free software application (app) downloaded on the user’s smartphone. The dedicated app provides step-by-step instructions including a how-to-use video and displays the result when the test is complete. All analysis is performed by the test’s electronic analyzer which connects to the user’s smartphone via Bluetooth®.

Once authorized by the FDA, the test will be available over-the-counter for symptomatic and asymptomatic detection of SARS-CoV-2 antigen. Through early detection of infection, the test will reduce the spread of COVID-19 by empowering users with the information needed to reduce their risk of transmission. The test will also assist in allowing re-commencement of larger gatherings such as at sports, churches and concerts.

Core Technology

Supercharged fluorescent immunochromatography using a quantum-dot based fluorescent particle

The Ellume COVID-19 home test’s core technology combines ultra-sensitive optics, electronics and proprietary software to leverage best-in-class digital immunoassay technology with next-generation multi-quantum dot fluorescence technology.

The patented detection method detects minute fluorescence signals using unique fluorescent nanoparticles and a sophisticated reader system to achieve accurate results from a clinical sample, overcoming the sensitivity limitations of typical lateral flow technology. The key elements of Ellume’s digital technology reduce the probability of false results, create new pathways to treatment, and optimize secure public health reporting. These unique features are critical to the success and adoption of self-administered home testing.

How
it
w
orks

Safe, accurate and rapid self-test

The test includes a sterile nasal swab, a dropper, processing fluid, and a Bluetooth® connected analyzer for use with an app on the user’s smartphone. Utilizing the dedicated app, the user follows step-by-step video instructions to perform the test including a self-collected mid-turbinate swab. The sample is analyzed and results are automatically transmitted to the user’s smartphone via Bluetooth® in 15 minutes or less. Results can be shared with healthcare professionals to enable optimal therapy.

Through a secure cloud connection, Ellume’s COVID-19 home test can provide real-time reporting of test results to health authorities, employers and educators, for efficient COVID-19 mapping.

Manufacturing Scale-Up

Ellume fast-tracked the development of its range of COVID-19 diagnostic tests with the support of a $30 million grant from the U.S. National Institutes of Health (NIH)’s Rapid Acceleration of Diagnostics (RADx) initiative.

In order to meet anticipated demand, Ellume has expanded its manufacturing facility in Brisbane, Australia, the largest of its kind in the Southern Hemisphere, and is rapidly expanding its manufacturing efforts and supply chain in the U.S. Production has commenced and Ellume will be shipping over 100,000 tests per day from next month, Ellume plans to manufacture and deliver 20 million Ellume COVID-19 home tests to the U.S. within the first half of 2021.


U.S. Media Inquiries

Australian Media Inquiries
LaunchSquad for Ellume
E: [email protected]
M: +1 570 417 3644
Patrick Condren, Ellume
E: [email protected]
M: +61 405 186 630
   





About Ellume
Ellume is at the forefront of accurate, rapid and accessible testing that is integral to today’s COVID-19 response and will help ensure the world is prepared for the next infectious disease pandemic. Ellume is a digital diagnostics company that develops, manufactures, and commercializes high-performance, connected products for healthcare professionals and consumers. Ellume’s key focus is on the detection of common infectious diseases which affect the global population across all diagnostic settings; at-home, point-of-care and in-laboratory. Ellume’s suite of products differ from conventional diagnostics through performance, digital connectivity, actionability and simplicity. Its novel detection technology is powered by unique quantum dot nanoparticles and integrates optics, electronics, biologics and software into an intuitive and high-performance digital platform. Ellume has a global consumer health partnership with GlaxoSmithKline, a global COVID-19 and latent TB partnership with QIAGEN, and a range of professional products under its ellume·lab brand. Ellume is committed to developing high-quality digital diagnostics that the world can rely on in a health crisis.

Further information can be found at ellumehealth.com.

About Rapid Acceleration of Diagnostics initiative

The National Institutes of Health (NIH) launched the Rapid Acceleration of Diagnostics (RADx) initiative to speed innovation in the development, commercialization, and implementation of technologies for COVID-19 testing. Accurate, fast, easy-to-use, and widely accessible testing is required before the nation can safely return to normal life. For further information please follow the FAQs link: https://www.nibib.nih.gov/radx-initiative-covid-19-testing/FAQ

Images accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/0f8ad275-bc0a-41db-893c-a3de0143f316

https://www.globenewswire.com/NewsRoom/AttachmentNg/6aabb537-2da4-4f8a-b457-b11c7d267e03

https://www.globenewswire.com/NewsRoom/AttachmentNg/9770d432-224b-4e18-8256-e2d88614c22e



Sphera Launches New Cloud Solution to Simplify Emissions Management and Compliance

SpheraCloud Environmental Accounting helps companies evolve from compliance to performance by establishing an auditable record for emissions management and delivering the insights that help benchmark and optimize asset performance

Chicago, IL, Dec. 09, 2020 (GLOBE NEWSWIRE) — Highly regulated companies can no longer focus solely on complying with environmental regulations. Investors, organizational leadership and the public expect maximum asset performance along with a reduced environmental impact. To help companies meet these expectations, Sphera, a leading global provider of Integrated Risk Management software, data and consulting services, has released a new cloud-based Environmental Accounting solution that reduces users’ regulatory compliance burden while delivering advanced insights to improve environmental sustainability.

The new Environmental Accounting solution is available on SpheraCloud, Sphera’s multitenant, Software as a Service (SaaS) and mobile platform that provides an integrated suite of applications to proactively mitigate and manage safety, sustainability and productivity risks across an enterprise.

SpheraCloud Environmental Accounting offers a broad set of data management and calculation functionality for emissions inventory, corporate reporting and greenhouse gas reporting required to support today’s rigorous regulatory programs.  

Without the right technology and tools in place, managing the complexity of required regulatory reporting leaves little time to focus on optimization. SpheraCloud Environmental Accounting presents both quantitative and qualitative data about emissions management in a single, dynamic screen. It dramatically reduces the time and effort to create reports and informational views, which saves time and allows for the proactive mitigation of risks from noncompliance.

SpheraCloud Environmental Accounting brings high transparency to a company’s emissions calculation. The data also powers corporate sustainability initiatives by feeding accurate, centralized and standardized emissions data into corporate reporting tools and helps ensure compliance with a single, traceable corporate system of record for emissions and operations data.

“Building on Sphera’s decades of experience using the powerful and trusted emissions calculation engine, we have now made the architecture and platform a fully integrated risk management offering for SpheraCloud,” said Sphera President and CEO Paul Marushka. “We have further enhanced all facets of the user experience to make everything—from data entry to troubleshooting to reporting—seamless. It is all powered by the real-time calculation engine that provides immediate actionable insights to drive performance. Additionally, SpheraCloud Environmental Accounting is designed to have customers up and running quickly for a faster return on investment.” 

Watch the demo video or view the brochure to learn how Sphera’s Environmental Accounting solutions can help move your organization from environmental compliance to environmental performance.

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About Sphera

Sphera creates a safer, more sustainable and productive world. Our innovative cloud-based risk management platform connects an unprecedented amount of information that leads to deeper insights across an enterprise. We operationalize, scale and optimize Integrated Risk Management strategies to help customers identify, manage and mitigate risk in the areas of Environment, Health, Safety & Sustainability (EHS&S), Operational Risk Management and Product Stewardship. 

 

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Ellen Bremseth
Sphera Solutions
[email protected]

LogistiCare Partners with Care Finders Total Care, LLC and Lyft to Create Unique Program Providing Critical Transportation Support for Home Health Aides

Home Care & Hospice Association of New Jersey looks toward expansion of pilot program to help care for more patients at home

Denver, CO, Dec. 09, 2020 (GLOBE NEWSWIRE) — LogistiCare, the nation’s largest non-emergency medical transportation company and the contracted transportation vendor for New Jersey Medicaid participants, is partnering with Care Finders Total Care, LLC, the largest non-medical homecare agency in New Jersey, and Lyft, the transportation network, to transport certified home health aides to homes of New Jersey residents who need their help.

The COVID-19 pandemic has created challenges for businesses all over the country. Erratic and sometimes unreliable public transportation schedules, coupled with fear of infection, have made it particularly challenging for essential workers like home health aides who are often dependent on public transportation to travel to their clients’ homes. Now, home health aides can request on-demand Lyft rides through LogistiCare, ensuring their access to reliable transportation.

The partnership between LogistiCare, Lyft, and Care Finders Total Care, LLC represents a further evolution of the company’s original contract with the New Jersey Department of Human Services, which began with transportation of Medicaid patients, expanded to include the delivery of food and groceries in March, and now includes transportation of certified home health aides to patient homes.

As the fastest growing homecare agency in the Northeast region, Care Finders Total Care, LLC has been at the forefront of proactive COVID-19 responsiveness since the outbreak of the pandemic. Care Finders Total Care, LLC is dedicated to maintaining the health and safety of caregivers, their families, and patients, with availability of ample PPE. Transportation, however, is a constant challenge.

“Helping to transport essential home health aides to their jobs so they can provide critical care for home-bound patients and support the needs of their clients is gratifying for us and for our network of transportation providers,” said Kenneth W. Wilson, Chief Operating Officer for LogistiCare. “This unique partnership demonstrates our desire to work collaboratively with organizations who need transportation resources to support and fulfill their missions.”

“We are delighted to be working with LogistiCare and Lyft,” said Martha Stuart Williams, COO of Care Finders Total Care, LLC. “They have provided a critical transportation solution for our workforce, which allows our patients to receive the essential services they need in a timely manner. We look forward to continuing our partnership to deliver the quality care and superior health outcomes that are central to our mission,” Williams added.

LogistiCare’s ongoing relationship with the State of New Jersey and its new relationship with Care Finders Total Care, LLC, food banks, municipalities, nonprofits, school systems, and government entities, represents the company’s desire and ability to adjust to meet the needs of the state’s most vulnerable residents during the pandemic.

Nancy Fitterer, M.A., President & CEO of the Home Care & Hospice Association of New Jersey, expects the initial program with Care Finders Total Care, LLC to expand with more agencies looking to LogistiCare to provide transportation for their home health aides. “Never have we faced a bigger need to create unique and efficient transportation options for home health aides to reach the homes of their Medicaid patients,” Fitterer said. “With what appears to be a long winter ahead faced with growing COVID-19 restrictions, we must continue to provide seamless, critical care to patients unable to leave their homes.”

About Providence Service Corporation and LogistiCare

LogistiCare, a wholly owned subsidiary of The Providence Service Corporation, is the nation’s largest manager of non-emergency medical transportation (“NEMT”) programs for state government agencies and managed care organizations. LogistiCare’s services include NEMT ride management, call center management, transportation provider network development and credentialing, and vendor administration.

LogistiCare is focused on providing access to convenient, cost-effective, safe and reliable transportation. LogistiCare delivers tech-enabled solutions that provide enhanced functionality, stronger network performance, streamlined workflow processes, and higher overall system efficiency. Annually LogistiCare manages over 63 million trips for more than 24 million eligible riders in 50 states and the District of Columbia. For more information about LogistiCare visit www.logisticare.com.  

About Care Finders Total Care, LLC

Care Finders Total Care, LLC is one of the leading in-home care agencies in the Northeast providing home healthcare services to over 8500 patients throughout New Jersey, Pennsylvania and Connecticut from 26 offices. Care Finders Total Care, LLC was founded in 1995 and in New Jersey is accredited by the Commission on Accreditation on Home Care (CAHC). It employs over 7600 Certified Home Health Aides and over 180 Registered Nurses and LPNs. For more information, visit www.carefinders.org, or contact Linda Mintz, Co-Chairman at 201-695-8050.

About Home Care & Hospice Association of New Jersey

The Home Care & Hospice Association of New Jersey is a state-wide, non-profit, 501(c)6, trade association representing licensed home health agencies, health care service firms and hospices.  The Association was founded in 1973 by a group of New Jersey home health agencies.  Since that time, it has continued to grow, while still providing the same advocacy and education for which it was founded. To learn more, visit www.homecarenj.org.

About Lyft

Lyft was founded in 2012 and is one of the largest transportation networks in the United States and Canada. As the world shifts away from car ownership to transportation-as-a-service, Lyft is at the forefront of this massive societal change. Lyft’s transportation network brings together rideshare, bikes, scooters, car rentals and transit all in one app. Lyft is singularly driven by its mission: to improve people’s lives with the world’s best transportation. Learn more at www.lyft.com.



Liz Thomas
Thomas/Boyd Communications
(609) 923-9946
[email protected]