Oncimmune Holdings PLC Key appointments to further strengthen management

TIDMONC

Oncimmune Holdings PLC

23 September 2019

Oncimmune Holdings plc

("Oncimmune" or the "Company")

Oncimmune makes key appointments to further strengthen management teams

September 23(rd) , 2019 - Oncimmune Holdings plc (AIM: ONC.L), a leading global immunodiagnostics group, today announces the appointment of Professor Tariq Sethi as Chief Scientific Officer, Matthew Luttrell as Chief Commercial Officer and Cléa Rosenfeld as Head of Investor Relations.

Professor Tariq Sethi is a researcher, clinician and entrepreneur with over 35 years of combined academic and industry experience in the field of immunology, inflammation and Lung Cancer. Prior to joining Oncimmune, Tariq was Chief Physician Scientist, Vice President in the Clinical Discovery Unit AstraZeneca and Emeritus Professor of Respiratory Medicine King's College London, having previously been Vice President in AstraZeneca's Respiratory Immunology Autoimmunity Translational Medicine Unit and formally Professor of Respiratory Medicine and Lung Cancer at Edinburgh University. He is also founder of Galecto Biotech. His research interests focus on chronic inflammatory diseases and fibrosis and the interaction between inflammation and lung cancer. Given his skillset and experience Tariq is very well placed to direct and lead Oncimmune's discovery research, translational and clinical programmes effectively. Tariq joins Oncimmune as from 1 October 2019 as its Chief Scientific Officer, and will also become part of the Senior Leadership Team.

Matthew Luttrell is a seasoned health and life science commercial executive with experience gained in large pharmaceutical companies across HIV, Rare Diseases, Oncology and Haematology. After starting his career in the pharmaceutical sector in 2002 with Eli Lilly, Matthew has held senior roles in Novo Nordisk, Gilead, GlaxoSmithKline, Shire and, most recently, Takeda. Prior to joining Oncimmune as Chief Commercial Officer, Matthew was Head of Haematology, Growth and Emerging Markets at Shire (now Takeda). Matthew's extensive experience leading direct and indirect sales and implementing commercial strategy will enhance our commercial sales capabilities as we seek to accelerate sales of our Early CDT products. Matthew holds a bachelor's degree in Biomedical Science, a master's degree in Marketing Management as well as a master's degree in Business Administration. Matthew also joins the Senior Leadership Team at Oncimmune as from 1 October 2019.

Cléa Rosenfeld joined the Oncimmune team as Head of Investor Relations in July 2019. Cléa is a senior investor relations and corporate communications professional with over 15 years of experience working in FTSE 100 and 250 companies with global businesses and international shareholder bases. Cléa was Head of Investor Relations at Shire Plc for 11 years, where she helped bring the company from a FTSE 250 Company to a top 50 FTSE company. Her significant experience within the investor relations community and her ability to develop and execute corporate strategy makes her a valuable addition to our team.

Dr Adam M Hill, Chief Executive Officer of Oncimmune commented:

"The appointments of Tariq, Matthew and Cléa add yet more expertise and depth to our leadership teams as we establish Oncimmune as a key player in supporting critical clinical decisions across the cancer care pathway. I'm delighted to welcome them and am pleased that Oncimmune's potential attracts such high quality, experienced and seasoned professionals.

"The delivery of Oncimmune's three-year forward strategy continues to progress at speed with the achievement of important milestones this year. The results of the landmark Scottish ECLS trial using our EarlyCDT(R) Lung test was presented at the World Conference for Lung Cancer on 9(th) September 2019. The trial further validated the use of Oncimmune's platform technology as a screening modality, identifying cancer four years or more before standard clinical diagnosis. Our strategy is one of Partnership by Design and transactions with Biodesix in the US and R-Pharm in Russia further demonstrate the commercial potential of Oncimmune's technology platform."

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For further information:

Oncimmune Holdings plc

Cléa Rosenfeld, Head of Investor Relations

[e-mail]

Media enquiries:

FTI Consulting

Brett Pollard, Andrew Ward

[phone]

[e-mail]

About Oncimmune

Beating cancer, one test at a time

The battle against cancer hinges on early detection and then the delivery of effective treatment. Oncimmune is working to revolutionise both the detection of cancer and its treatment by harnessing the sophisticated disease detecting capabilities of the immune system to find cancer in its early stages. Our diagnostic tests assist clinicians to identify the presence of cancer four years or more before standard clinical diagnosis, whilst our technology platform and sample biobanks are helping healthcare companies to develop new cancer treatments.

Oncimmune was founded in 2002 and launched its platform technology in 2009, followed by its first commercial tests, EarlyCDT Lung and EarlyCDT Liver. To date, over 155,000 tests have been performed for patients worldwide. EarlyCDT Lung was also used in what is believed to be the largest randomised controlled study for the early detection of lung cancer using biomarkers, the National Health Service (NHS) ECLS study of 12,209 high-risk smokers in Scotland. The study met its primary endpoint - showing that the use of EarlyCDT Lung with subsequent X-ray and computerised tomography (CT) scan reduced the incidence of patients with late-stage lung cancer or unclassified presentation at diagnosis, compared to standard clinical practice.

Oncimmune, headquartered at its laboratory facility in Nottingham, UK, has a discovery research centre in Dortmund, Germany and a CLIA lab in Kansas, US as well as offices in London, UK and a representative office in Shanghai, China. Oncimmune joined the Alternative Investment Market (AIM) of the London Stock Exchange in May 2016 under the ticker ONC.L.

What is EarlyCDT Lung?

A blood test using a panel of seven immunogenic proteins for the testing of tumour-related antibodies specific to lung cancer.

For more information, visit www.oncimmune.com

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September 23, 2019 02:01 ET (06:01 GMT)