Sosei Heptares Operational Highlights and Consolidated Results for the Second Quarter and First Half of 2022
TOKYO, Japan and CAMBRIDGE, United Kingdom, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Sosei Group Corporation (“the Company”; TSE: 4565) provides an update on operational activities and reports its consolidated results for the second quarter and first half ended 30 June 2022. The full report can be found by clicking here.
Chris Cargill, President and CEO of Sosei Heptares, commented: “The first half of 2022 has been an exciting period for Sosei Heptares. Our new leadership team has settled in quickly and is already making progress implementing important operational initiatives designed to build an agile, world-leading drug discovery and translational medicine capability and accelerate our transformation into a multi-program, early clinical-stage business.
“We continue to focus on bringing much-needed medicines to patients as fast and efficiently as possible, and to generate significant value for shareholders. We are doing this by augmenting the exceptional talent and expertise at the Company; collaborating with exciting new technology companies to enhance our ability to identify, validate and address new opportunities; and signing high-value discovery, development and commercialization partnerships with global leaders. We have made progress in all these areas during 2022.
“These achievements, including most recently our second deal with AbbVie and an important clinical milestone reached with Neurocrine, highlight the strengths of our business and our ability to deliver strong development candidates targeting key disease indications. This gives us great confidence for continued success in the future.”
Operational Highlights for H1 2022
Financial Highlights for Six-month period ended 30 June 2022
*Convenience conversion to US$ at the following rates: YTD 2022: 1US$ =122.83 JPY; YTD 2021: 1US$ =108.11 JPY, 31 Dec 2021: 1US$ = 115.08 JPY; 30 Jun 2022: 1US$ = 136.57 JPY
About Sosei Heptares
We have established partnerships with some of the world’s leading pharmaceutical companies and multiple emerging technology companies, including AbbVie, AstraZeneca, Genentech (Roche), GSK, Kallyope, Neurocrine Biosciences, Novartis, Pfizer, Takeda and Verily. Sosei Heptares is headquartered in Tokyo, Japan with corporate and R&D facilities in Cambridge, UK.
“Sosei Heptares” is the corporate brand and trademark of Sosei Group Corporation, which is listed on the Tokyo Stock Exchange (ticker: 4565). Sosei, Heptares, the logo and StaR® are trademarks of Sosei Group companies.
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