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all   clinical   development  programmes,  and  be  a  key  contributor  to  the
identification and implementation of new opportunities and pipeline expansions.
Dr  Snapir brings extensive  experience in global  clinical development of novel
therapeutics,  from  early  clinical  translation  to  marketing  authorisation,
combined  with  extensive  international  regulatory  experience. Dr Snapir also
brings years of experience in business collaborations, alliances and product co-
developments.  Since 2007 Dr Snapir has held  various positions at Orion Pharma,
Espoo,  Finland, spanning from  leader of clinical  pharmacogenomics to clinical
development  leader in  Oncology. In  his most  recent role,  Dr Snapir held the
position  as Director, Rare  Disease Development. Dr  Snapir has a  PhD from the
University  of Turku, Finland and an MD from the University of Tel Aviv, Israel.
Dr. Snapir is the author of numerous scientific publications.
Per  Walday,  CEO,  comments:  “We  are  delighted  to  welcome Dr Snapir to PCI
Biotech.   With  his  broad  scientific,  regulatory  and  clinical  development
background  he will bring important knowhow  and experience to our organisation,
as  we move towards  a potential commercialisation  phase for our lead programme
fimaChem.”
Dr  Amir Snapir added: “I am  very excited to be joining  PCI Biotech at what is
clearly  an important  stage for  the company.  I look  forward to the challenge
leading  the  RELEASE  study  with  registrational  intent  aiming for expedited
development  and market entrance to benefit underserved patients. I am also very
excited about the opportunities ahead for the fimaVacc and fimaNAc assets.”
Dr Snapir will commence as CMO no later than 1 May 2020.
For further information, please contact:
Per Walday, CEO
Email: pw@pcibiotech.no
Mobile: +47 917 93 429
About PCI Biotech
PCI  Biotech  is  a  biopharmaceutical  late  stage clinical development company
focusing  on  development  and  commercialisation  of  novel  therapies  for the
treatment  of cancer through its  innovative photochemical internalisation (PCI)
technology  platform.  PCI  is  applied  to three distinct anticancer paradigms:
fimaChem  (enhancement of chemotherapeutics for  localised treatment of cancer),
fimaVacc  (T-cell induction technology for therapeutic vaccination), and fimaNAc
(nucleic acid therapeutics delivery).
Photochemical  internalisation induces triggered endosomal  release that is used
to  unlock the  true potential  of a  wide array  of therapeutic modalities. The
company’s  lead  programme  fimaChem  consists  of  a pivotal study in bile duct
cancer,  an  orphan  indication  with  a  high  unmet  need and without approved
products.  fimaVacc applies  a unique  mode of  action to  enhance the essential
cytotoxic  effect of  therapeutic cancer  vaccines, which  works in synergy with
several  other state-of-the-art  vaccination technologies.  fimaNAc utilises the
endosomal  release to provide  intracellular delivery of  nucleic acids, such as
mRNA  and RNAi  therapeutics, thereby  addressing one  of the  major bottlenecks
facing this emerging and promising field.
For      further      information,      please     visit:     www.pcibiotech.com
(http://www.pcibiotech.com)
Contact   information: PCI  Biotech  Holding  ASA,  Ullernchausséen  64, N-0379
Oslo
Forward-looking statements
This  announcement may contain forward-looking statements, which as such are not
historical  facts, but  are based  upon various  assumptions, many  of which are
based,  in  turn,  upon  further  assumptions.  These assumptions are inherently
subject  to  significant  known  and  unknown  risks,  uncertainties  and  other
important  factors. Such risks, uncertainties, contingencies and other important
factors  could cause  actual events  to differ  materially from the expectations
expressed  or implied in  this announcement by  such forward-looking statements.
PCI  Biotech disclaims  any obligation  to update  or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.
This  information is subject to the  disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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