MedSciences Capital

Amsterdam, The Netherlands, August 1, 2018 – Kiadis Pharma N.V. (“Kiadis Pharma” or the “Company”) (Euronext Amsterdam and Brussels: KDS), a clin­i­cal stage bio­phar­ma­ceu­ti­cal com­pa­ny devel­op­ing a T-cell immunother­a­py prod­uct can­di­date designed to reduce Graft ver­sus Host Disease (GVHD) and relapse after hematopoi­et­ic stem cell trans­plan­ta­tions (HSCT), today announces that it has received a new debt facil­i­ty from Kreos Capital pro­vid­ing the Company with up to €20 mil­lion of addi­tion­al financ­ing. This is in addi­tion to the Company’s €15 mil­lion debt financ­ing from Kreos Capital in 2017.

The new loan con­sists of two tranch­es, with the first tranche of €5 mil­lion being imme­di­ate­ly drawn down and a sec­ond tranche of up to an addi­tion­al aggre­gate amount of €15 mil­lion, which Kiadis Pharma can at its option draw down until March 31, 2019, con­di­tion­al on the Company hav­ing received a pos­i­tive opin­ion from the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency for the Company’s T-cell prod­uct can­di­date ATIR101. Kiadis Pharma will use funds drawn down under the debt facil­i­ty to advance the Phase 3 clin­i­cal devel­op­ment of ATIR101, to pre­pare for a pos­si­ble com­mer­cial launch in Europe and for gen­er­al cor­po­rate pur­pos­es. If drawn down in full, this new €20 mil­lion debt facil­i­ty would extend the Company’s cash run­way into the first quar­ter of 2020. More… »

• Significantly strength­ened cash posi­tion; raised over EUR 60 mil­lion in equi­ty and debt (gross, includ­ing raise in March 2018)
• Filed Marketing Authorization Application with the European Medicines Agency for ATIR101 in blood can­cers
• Received Regenerative Medicine Advanced Therapy des­ig­na­tion from the US FDA
• First patient enrolled in Phase 3 tri­al for ATIR101 in adult patients with blood can­cer
• Leased exist­ing com­mer­cial man­u­fac­tur­ing facil­i­ty in The Netherlands
• Strengthened Organization and Supervisory Board

Amsterdam, The Netherlands, April 13, 2018 – Kiadis Pharma N.V. (“Kiadis Pharma” or the “Company”) (Euronext Amsterdam and Brussels: KDS), a clin­i­cal stage bio­phar­ma­ceu­ti­cal com­pa­ny devel­op­ing a T-cell immunother­a­py prod­uct can­di­date designed to reduce Graft ver­sus Host Disease (GVHD) and relapse after hematopoi­et­ic stem cell trans­plan­ta­tions (HSCT), today announces its audit­ed 2017 Annual Results for the year end­ed December 31, 2017, which have been pre­pared in accor­dance with International Financial Reporting Standards (IFRS) as adopt­ed by the European Union. More… »

Responses sub­mit­ted to EMA Day 120 list of ques­tions

Amsterdam, The Netherlands, March 28, 2018 – Kiadis Pharma N.V. (“Kiadis Pharma” or the “Company”) (Euronext Amsterdam and Brussels: KDS), a clin­i­cal stage bio­phar­ma­ceu­ti­cal com­pa­ny devel­op­ing a T-cell immunother­a­py prod­uct can­di­date designed to reduce Graft ver­sus Host Disease (GVHD) in hematopoi­et­ic stem cell trans­plan­ta­tions (HSCT), today con­firms it has sub­mit­ted its respons­es to the European Medicines Agency’s (EMA) Day 120 List of Questions for its lead prod­uct can­di­date ATIR101 with­in the time­line that had been agreed with EMA and announced in September 2017.

Arthur Lahr, CEO of Kiadis Pharma, com­ment­ed: “We are pleased to have sub­mit­ted our respons­es to EMA’s Day 120 List of Questions in a time­ly man­ner. We believe we have ade­quate­ly addressed the ques­tions and remain on track to poten­tial­ly obtain a pos­i­tive CHMP opin­ion for ATIR101 in Q4 2018 and (con­di­tion­al) approval from the European Commission in Q1 2019, which would allow for a European launch in H2 2019.”

Amsterdam, The Netherlands, March 13, 2018 – Kiadis Pharma N.V. (“Kiadis Pharma” or the “Company”) (Euronext Amsterdam and Brussels: KDS), a clin­i­cal stage bio­phar­ma­ceu­ti­cal com­pa­ny devel­op­ing a T-cell immunother­a­py prod­uct designed to reduce Graft ver­sus Host Disease (GVHD) in hematopoi­et­ic stem cell trans­plan­ta­tions (HSCT), today announces that it has raised gross pro­ceeds of €23.4 mil­lion through a pri­vate place­ment of 2.6 mil­lion new shares to insti­tu­tion­al investors via an accel­er­at­ed book­build­ing process as announced on March 12, 2018 (the “Placing”). The Placing was com­plet­ed at a sub­scrip­tion price of €9.00 per share and rep­re­sent­ed 14.8% of the issued share cap­i­tal of the Company pri­or to the trans­ac­tion. The new ordi­nary shares will rank pari pas­su in all respects with the cur­rent­ly out­stand­ing shares of the Company and are expect­ed to be list­ed and trad­ed on Euronext Amsterdam and Euronext Brussels on March 15, 2018. Following the Placing, the issued share cap­i­tal of the Company will con­sist of 20,115,092 ordi­nary shares.
Arthur Lahr, CEO of Kiadis Pharma, com­ment­ed: “This €23.4 mil­lion pri­vate place­ment will fund the Company into H2 2019 and thus well beyond poten­tial EU approval and into poten­tial European launch of ATIR101TM. The offer­ing was over­sub­scribed and allowed us to make full use of the remain­ing author­i­ty to issue new shares as grant­ed by the share­hold­ers. Strong inter­est from exist­ing and new spe­cial­ized biotech investors from Europe and the US fur­ther val­i­dates Kiadis Pharma’s great progress and poten­tial. With more than €60 mil­lion raised in the last 10 months, we have now suc­cess­ful­ly financed the Company towards major near-term mile­stones.” More… »

Amsterdam, The Netherlands, March 12, 2018 – Kiadis Pharma N.V. (“Kiadis Pharma” or the “Company”) (Euronext Amsterdam and Brussels: KDS), a clin­i­cal stage bio­phar­ma­ceu­ti­cal com­pa­ny devel­op­ing a T-cell immunother­a­py prod­uct designed to reduce Graft ver­sus Host Disease (GVHD) in hematopoi­et­ic stem cell trans­plan­ta­tions (HSCT) today announces the launch of a pri­vate place­ment of approx­i­mate­ly 2.6 mil­lion new shares to insti­tu­tion­al investors, rep­re­sent­ing approx­i­mate­ly 14.8% of the Company’s cur­rent issued cap­i­tal (the “Placing”). Existing share­hold­ers of the Company will not have pre-emp­tive rights in rela­tion to the new shares to be issued. The new shares will rank pari pas­su in all respects with the cur­rent­ly out­stand­ing shares of the Company. With the cap­i­tal increase, the Company intends to make full use of the remain­ing author­i­ty that the share­hold­ers
meet­ing has grant­ed to the Company’s Management and Supervisory Boards to issue new shares.

Kiadis Pharma intends to use the net pro­ceeds of the Placing to:
– con­tin­ue the Phase 3 inter­na­tion­al, ran­dom­ized, con­trolled, mul­ti­cen­tre clin­i­cal tri­al for ATIR101 in the United States, Canada and Europe;
gen­er­ate addi­tion­al man­u­fac­tur­ing capac­i­ty at ven­dors and to refur­bish, equip and staff its leased man­u­fac­tur­ing facil­i­ty;
– fur­ther pre­pare the Company for com­mer­cial­iza­tion by invest­ing into a com­mer­cial orga­ni­za­tion, mar­ket access prepa­ra­tion and reim­burse­ment dis­cus­sions;
– sup­port fur­ther pro­duc­tion process opti­miza­tion of ATIR;
– expand the orga­ni­za­tion to accom­mo­date the increased num­ber of activ­i­ties;
– start a fur­ther clin­i­cal tri­al to assess the ben­e­fit of ATIR101 in con­junc­tion with
anoth­er T-cell deplet­ed hematopoi­et­ic stem cell trans­plan­ta­tion (HSCT) pro­to­col or with a cyclophos­phamide-based hap­lo trans­plan­ta­tion pro­to­col;
– apply funds for debt repay­ment, cap­i­tal expen­di­tures, gen­er­al and admin­is­tra­tive expens­es, gen­er­al cor­po­rate pur­pos­es in line with Kiadis Pharma’s strat­e­gy and oth­er work­ing cap­i­tal needs; and
– finance poten­tial oppor­tu­ni­ties to broad­en and diver­si­fy the research and devel­op­ment port­fo­lio (e.g. through in-licens­ing or acquir­ing pro­grams and com­pa­nies with syn­er­gis­tic or com­ple­men­tary tech­nolo­gies, prod­ucts and/or prod­uct can­di­dates).
More… »