WILEX AG, DE000A11QVV0

WILEX AG, DE000A11QVV0

26.09.2017 - 13:16:43

WILEX AG: Subsidiary Heidelberg Pharma becomes Runner Up in the Category Best New Drug Developer at World ADC Award 2017

PRESS RELEASE

WILEX AG: Subsidiary Heidelberg Pharma becomes Runner Up in the Category Best New Drug Developer at World ADC Award 2017

Munich, Germany, 26 September 2017 - WILEX AG (ISIN DE000A11QVV0 / WL6 / FSE) today announced that its subsidiary, Heidelberg Pharma Research GmbH, Ladenburg, Germany, assigned "runner up" in the World ADC Awards in the category "Best New Drug Developer". The 4th World ADC Awards were given in nine categories during the Annual World ADC summit, which took place on 20-22 September in San Diego, USA. The awards showcased the innovation, leadership and devotion shown by the best companies, teams and individuals in the field of antibody drug conjugates (ADCs). Winner of the Best New Drug Developer category is Mersana.

"We are delighted to have been selected as runner up at the World ADC Awards as Best New Drug Developer. The award recognizes the hard work of all employees at Heidelberg Pharma on our own ATAC technology platform over the past years. We also thank our collaboration partners for the trustful cooperation," commented Professor Andreas Pahl, Chief Scientific Officer of WILEX AG and Heidelberg Pharma Research GmbH.

Further information about the finalists and winners can be found at: http://worldadc-awards.com/.

About Heidelberg Pharma's proprietary ATAC technology Antibody-drug conjugates (ADCs) combine the high affinity and specificity of antibodies with the potency of cytotoxic small molecules for the treatment of cancer. Antibody Targeted Amanitin Conjugates (ATACs) are ADCs whose active ingredient is made up of amatoxin molecules. Amatoxins are small bicyclic peptides naturally occurring in the death cap mushroom. They inhibit mRNA transcription by binding to RNA polymerase II, a mechanism that is crucial for the survival of eukaryotic cells. In preclinical testing, ATACs have been shown to be highly efficacious, overcoming frequently encountered resistance mechanisms and combating even quiescent tumor cells.

About WILEX and Heidelberg Pharma WILEX AG is a biopharmaceutical company based in Munich, Germany, that serves as a parent and holding company. The Company's research and development work is conducted by its subsidiary Heidelberg Pharma Research GmbH based in Ladenburg. Heidelberg Pharma is the first company to develop the toxin Amanitin for use in cancer therapies using its proprietary Antibody Targeted Amanitin Conjugate (ATAC) technology and to advance the biological mode of action of the toxin as a novel therapeutic principle. This proprietary technology platform is being applied to develop the company's own therapeutic ATACs as well as in third-party collaborations to create a variety of ATAC candidates. The proprietary lead candidate is a BCMA ATAC for multiple myeloma. WILEX's clinical assets MESUPRON(R) and REDECTANE(R) have been partnered, while RENCAREX(R) is available for out-licensing and further development. WILEX is listed on the Frankfurt Stock Exchange: ISIN DE000A11QVV0 / WKN A11QVV / Symbol WL6. More information is available at http://www.wilex.com.

Contact WILEX AG Sylvia Wimmer Tel.: +49 (0)89-41 31 38-29 Email: investors[at]wilex.com Grillparzerstr. 18, 81675 Munich, Germany IR/PR support MC Services AG Katja Arnold (CIRO) Managing Director & Partner Tel.: +49 89-210 228-40 Email: katja.arnold[at]mc-services.eu  

This communication contains certain forward-looking statements relating to the Company's business, which can be identified by the use of forward-looking terminology such as "estimates", "believes", "expects", "may", "will" "should" "future", "potential" or similar expressions or by a general discussion of the Company's strategy, plans or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results of operations, financial condition, performance, or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, prospective investors and partners are cautioned not to place undue reliance on such forward-looking statements. We disclaim any obligation to update any such forward-looking statements to reflect future events or developments.

26.09.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: WILEX AG Grillparzerstr. 18 81675 München

Germany Phone: +49 (0)89 41 31 38 - 0 Fax: +49 (0)89 41 31 38 - 99 E-mail: info@wilex.com Internet: www.wilex.com ISIN: DE000A11QVV0 WKN: A11QVV Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange   End of News DGAP News Service

612999  26.09.2017 

@ dgap.de

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