Aqilion hires Martin Johansson as medicinal chemistry expert

Martin Johansson holds a doctorate in organic chemistry from Lund University, Sweden, where he is currently an Associate Professor at the Center for Analysis and Synthesis. He has almost 20 years’ experience of medicinal chemistry and commercial drug discovery. Martin has previously held positions as senior researcher in AstraZeneca’s organization for Discovery R&D, in Södertälje, Sweden; Chief Scientific Officer at Respiratorius AB, which develops drugs for the treatment of cancer and chronic obstructive pulmonary disease (COPD) and Assistant Professor at the Department of Chemistry at Trent University in Peterborough, Canada. In recent years, Martin has worked for several drug development companies on a consulting basis, including as project manager at Glactone Pharma AB, one of Aqilion’s project companies. Martin will begin working as Senior Director Medical Chemistry at Aqilion in August.

“Martin Johansson’s extensive expertise in medicinal chemistry will be an important and strong addition to Aqilion’s ability to analyze new project ideas. His broad experience from drug discovery projects targeting a variety of disease areas and indications will also be a great asset to and a driving force for our pipeline. We are extremely pleased that Martin has chosen to join the Aqilion team and I look forward to an exciting collaboration moving forward,” says Sarah Fredriksson, CEO of AQILION AB.

About AQILION AB
Aqilion is a Swedish life science company that identifies unique pharmaceutical projects at an early phase in the drug discovery process and develops them in preparation for clinical trials. The goal is to demonstrate the clinical and commercial potential of the medical innovation to attract industrial partners and buyers, who in turn have the capacity to continue clinical development and take the product to market. The business model is based on involvement at an early stage and close collaboration with the innovator, regardless of whether the project is initiated by an external researcher, internal development project, or industrial partner. Aqilion prefers projects aimed at niche markets. Specialty medications (high-cost, high complexity and/or high touch drugs) and orphan drugs (drugs to treat diseases so rare that they would be unprofitable to produce without government assistance) are particularly interesting. Aqilion has its headquarters in Helsingborg, Sweden. Please visit www.aqilion.com

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Aqilion receives SEK 100 million through conversion of outstanding warrants

In March of 2018, AQILION AB (formerly Partners för Utvecklingsinvesteringar inom Life Sciences, P.U.L.S. AB) carried out a directed issue of “units.” Each unit consisted of one (1) share and two (2) warrants. At that time, Aqilion raised SEK 100 million through subscription for shares. All outstanding warrants have now been converted to shares, which raised an additional SEK 100 million for the company. The issue was carried out to fund the restructuring of Aqilion’s strategy and organization, as well as the development of current and new pharmaceutical projects in the pipeline.

“It is extremely rewarding that the entire issue of units is completed and fully subscribed. It means that, with the support of Aqilion’s owners and the Board of Directors, we can continue to develop the project portfolio and increase the value of the company. On behalf of the entire team, I am both grateful and proud to be entrusted with this mission. With a new organization and funding lined up, we have created the optimum conditions to focus on efficiently developing our business model and our pharmaceutical projects,” says Sarah Fredriksson, CEO of Aqilion.

About AQILION AB
Aqilion is a Swedish life science company that identifies unique pharmaceutical projects at an early phase in the drug discovery process and develops them in preparation for clinical trials. The goal is to demonstrate the clinical and commercial potential of the medical innovation to attract industrial partners and buyers, who in turn have the capacity to continue clinical development and take the product to market. The business model is based on involvement at an early stage and close collaboration with the innovator, regardless of whether the project is initiated by an external researcher, internal development project, or industrial partner. Aqilion prefers projects aimed at niche markets. Specialty medications (high-cost, high complexity and/or high touch drugs) and orphan drugs (drugs to treat diseases so rare that they would be unprofitable to produce without government assistance) are particularly interesting. Aqilion has its headquarters in Helsingborg, Sweden. Please visit www.aqilion.com

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Aqilion initiates collaboration with Immunscape

Aqilion searches for early innovative pharmaceutical projects thatare based on solid research resting on a firm biological foundation and offering both clinical relevance and patient benefit. Immunscape has developed innovative molecules that could potentially become new drugs for the treatment of cancer and autoimmune diseases. The project is currently in an early phase of development. The purpose of the new collaboration is to jointly assess and develop the commercial potential of the project.

Aqilion can invest resources in interesting projects to further evaluate their potential and to ensure that they proceed to a full-scale project or project company. Both Aqilion and Immunscape are actively engaged in the assessment in a collaboration that entails an exclusive option for Aqilion to continue its involvement if the project proves to be promising.

“The pre-project phase is important to strengthen the common vision of the project and to assess together with Immunscape’s team whether Aqilion is the right partner to promote continued commercial development of the project. Immunscape has solid drug discovery experience and expertise and the company’s innovative molecule platform is extremely interesting for Aqilion. We look forward to working together on this exciting project,” says Sarah Fredriksson, CEO of AQILION AB.

“We are extremely pleased to have initiated this collaboration with Aqilion, which will accelerate our drug discovery efforts,” says Lars Öhman, CEO of Immunscape AB.

About AQILION AB
Aqilion is a Swedish life science company that identifies unique pharmaceutical projects at an early phase in the drug discovery process and develops them in preparation for clinical trials. The goal is to demonstrate the clinical and commercial potential of the medical innovation to attract industrial partners and buyers, who in turn have the capacity to continue clinical development and take the product to market. The business model is based on involvement at an early stage and close collaboration with the innovator, regardless of whether the project is initiated by an external researcher, internal development project, or industrial partner. Aqilion prefers projects aimed at niche markets. Specialty medications (high-cost, high complexity and/or high touch drugs) and orphan drugs (drugs to treat diseases so rare that they would be unprofitable to produce without government assistance) are particularly interesting. Aqilion has its headquarters in Helsingborg, Sweden. Please visit www.aqilion.com.

About Immunscape AB 
Immunscape is a drug discovery company that focuses on the development of immunotherapies for the treatment of cancer and autoimmune diseases. Researchers at Immunscape possess unique knowledge about developing drugs aimed at specific target proteins that selectively activate or suppress the immune system. This expertise is used to develop next-generation drugs for patients with the greatest medical needs, who currently lack effective treatment. Immunscape carries out its research on the Solna Campus at Karolinska Institutet in Sweden. For more information, please visit www.immunscape.com.

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