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Vaxil Bio Ltd V.VXL

Alternate Symbol(s):  VXLLF

Vaxil Bio Ltd. is a Canada-based biotechnology company. The Company is focused on a drug discovery and development platform based on Signal Peptides (SPs) which the Company deploys to fight infectious diseases and cancer. The Company’s most advanced product, ImMucin, a MUC1 SP-derived vaccine, completed a Phase I/II clinical trial in multiple myeloma. The Company also has a SP-based COVID-19 vaccine candidate and a SP-based tuberculosis vaccine / treatment candidate. In addition, The Company has mAb candidates for the treatment of oncology and infectious diseases to be used alone, and in combination with other treatments. It has also initiated a pre-clinical program for a drug delivery polymer that targets high affinity E-selectin (P-Esbp), which the Company licensed for development and commercialization from BGN Technologies. It exploits the properties of SP domains on crucial proteins to develop targeted therapies against cancer targets and infectious disease pathogens.


TSXV:VXL - Post by User

Post by theticketon May 05, 2021 6:03pm
75 Views
Post# 33137381

Vaxil Announces CEO Resignation

Vaxil Announces CEO ResignationWell Blig. You got what you asked for. Now what?

NESS-ZIONA, Israel, May 05, 2021 (GLOBE NEWSWIRE) -- VAXIL BIO LTD. (“ Vaxil ” or the “ Company ”) (TSX VENTURE: VXL), an innovative immunotherapy biotech company specializing in cancer and infectious diseases, today announces that Mr. David Goren has provided notice that he will be resigning as the Company's chief executive officer (“ CEO ”) to pursue other opportunities. The resignation will take effect on August 1, 2021 (the “ Effective Date ”). Mr. Goren has agreed that until the Effective Date, he will, in addition to continuing to fulfill his responsibilities as CEO, assist the Company's board of directors (" Board ") in their search for a new CEO, which has already commenced.

The Board wishes to thank Mr. Goren for his contributions to the Company over the past two and a half years, and wishes him success in his future endeavors.

Mr. Goren remains a director of the Company.

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