Antev Ltd.

Bergen, Norway, July 5th, 2023 – Cytovation ASA, a clinical stage immune-oncology company focused on the development of its first-in-class targeted tumor membrane immunotherapy CyPep-1, announces the appointment of Olav Hellebø to its Board of Directors. Mr. Hellebø brings extensive international leadership experience, both in the US and Europe, across major pharmaceutical and biotechnology companies. Previously, he was Chief Executive Officer at ReNeuron, the UK-listed biotechnology company and, prior to this, Clavis Pharma, a Norwegian oncology company. Before joining Clavis, Mr. Hellebø headed up the global immunology franchise at UCB Pharma and before that was head of UK commercial operations at Novartis. He also held a number of senior commercial roles at Schering-Plough, including leading its US commercial operations in the areas of oncology, cardiovascular and hepatitis-C representing annual sales in excess of $2 billion. He holds an MBA from the IESE Business School, Barcelona, and a Bachelor of Business Administration from Hofstra University in the US. Olav currently serves on the Board of Antev, a UK-based private biotechnology company with a focus on prostate cancer. Stein Christian Mohn, Chairman at Cytovation said: “We are very pleased to welcome Olav to our Board of Directors. We believe that his extensive and broad-ranging experience in the industry will prove invaluable for the advancement of CyPep-1 and the continuing growth of the company as we continue to make excellent progress in our ongoing clinical program both in Europe and the US.” Olav Hellebø, added: “CyPep-1 has great potential as an innovative treatment for solid tumors where there is significant unmet medical need despite recent advances in cancer treatment. I look forward to working with the talented team at Cytovation to help bring this unique therapy to patients.” *** About Cytovation Cytovation ASA is a privately held, clinical stage immune-oncology company focused on the development of CyPep-1, a first-in-class immunotherapy targeting the cell membrane of tumor cells. CyPep-1 has a unique mechanism of action, specifically eliminating cancer cells by targeting the plasma membrane, releasing neo-antigens and inhibiting the WNT/B-catenin pathway. This dual mode of action promotes an inflammatory microenvironment and induces a tumor-specific immune response by in situ vaccination. The company is a spin-off from the University of Bergen (Norway), the city where it is headquartered. For more information, please visit www.cytovation.com. Contact Information Cytovation Federico Grego, Chief Operating Officer: contact@cytovation.com MEDiSTRAVA Consulting Frazer Hall / Mark Swallow / Evelyn McCormack: cytovation@medistrava.com

Phase 3 aims to demonstrate cardiovascular benefit of Teverelix versus GnRH agonists.Up to 30% of advanced prostate cancer patients on Androgen Deprivation Therapy have pre-existing Cardiovascular Disease. Phase 3 top-line results expected in 2027. LONDON, March 08, 2023 (GLOBE NEWSWIRE) -- Antev Ltd., a late clinical-stage biotech company developing a novel gonadotrophin-releasing hormone (GnRH) antagonist, Teverelix trifluoroacetate (Teverelix), announces that the US Food & Drug Administration (FDA) has provided written guidance on the company’s proposed Phase 3 pivotal trial design. This would be the first Phase 3 trial for a specific label to treat prostate cancer in patients with increased cardiovascular risk, addressing a significant need for prostate cancer drugs with a better cardiac toxicity profile. Prostate cancer is the second most common cause of cancer death in men[1], with around 5 million men living with the disease in the US and Europe. Current treatments using GnRH agonists have been shown[2] to have between two and four times increased risk of cardiovascular events in patients with a medical history of cardiovascular disease than antagonist treatments, a conclusion supported by the American Heart Association in a 2021 scientific statement[3][4]. Prior to initiating androgen deprivation therapy (ADT), a common form of hormone therapy, an estimated 30% of men have known cardiovascular disease (CVD)[5]. Teverelix, a decapeptide, has the potential to be the first hormone therapy specifically approved to treat advanced prostate cancer patients with a history of cardiovascular disease. “We are delighted to reach this critical milestone in Antev’s journey to secure regulatory guidance to develop Teverelix in advanced prostate cancer patients with increased cardiovascular risk,” commented Amit Kohli, Chief Executive Officer of Antev. “This written acceptance by the US FDA on our proposed Phase 3 pivotal trial design provides great visibility and supports the company’s clinical plans for our innovative treatment that could combine profound castration, improved tolerability, and significantly reduced cardiovascular risk compared to GnRH agonists, which generate over US$ 3 billion in annual sales globally. Cardio-oncology is an important new therapeutic area, and Antev is leading the way to deliver improved patient and payor outcomes.” Antev’s Chief Medical Officer, Dr Steve van Os, added, “Having worked on the global development and registration of Xtandi® for late-stage prostate cancer patients, I am very satisfied with the progress we are making at Antev in developing a novel GnRH antagonist that could help the many earlier-stage prostate cancer patients with an increased cardiovascular risk. With cardiovascular diseases being now the leading cause of death in men with prostate cancer and with up to 30% of prostate cancer patients having a history of CVD, there is a clear and urgent need for safer therapies that treat prostate cancer, yet do not increase cardiovascular risk.” Antev's Scientific Adviser, Dr Neal Shore MD FACS, CMO of Surgery and Oncology at GenesisCare USA, said, “There is an unmet medical need for a new specific ‘cardio-oncology’ indication for androgen deprivation therapy which will effectively treat the patient’s cancer while not worsening cardiovascular safety. This proposed Phase 3 trial is designed to provide the level one evidence that this GnRH antagonist could be the treatment of choice for prostate cancer patients with cardiovascular risks.” Both GnRH agonists and antagonists are approved for the treatment of prostate cancer and although both bind to the same therapeutic target, the GnRH receptor in the pituitary gland, they have distinct mechanisms of action. While the GnRH agonist stimulates the GnRH receptor, leading to overexpression of Follicle Stimulating Hormone and Luteinizing Hormone, which in turn leads to an initial increase in the production of testosterone but then rapidly inhibited through a negative feedback loop, the GnRH antagonists directly suppress the production of sex hormones by competitively blocking the GnRH receptors at the pituitary gland, and thus do not create a testosterone surge. Antev’s proposed ANT-1111-04 is a global Phase 3 trial in up to 1,500 advanced prostate cancer patients with increased CV risk with a 1:1 randomization against standard of care (GnRH agonist) that aims to read out by 2027. References 1 – Bray et al. (2018). Global cancer statistics 2018: GLOBOCAN estimates of incidence and mortality worldwide for 36 cancers in 185 countries. CA: A Cancer Journal for Clinicians, 68(6), pp.394-424 2 – Studies by Margel et al. in 2019 (n=80) and Shore et al. 2020 (n=930). https://ic-os.org/wp-content/uploads/2020/04/2019-CV-morbidity-in-a-RCT-comparing-GnRH-agonist-and-GnRH-antagonist.pdf https://pubmed-ncbi-nlm-nih-gov.libproxy1.nus.edu.sg/32469183/ 3 – AAH Scientific Statement, published in Genomic and Precision Medicine (Vol 14, No. 3. 26 April 2021) “Impact of Hormonal Therapies for Treatment of Hormone-Dependent Cancers (Breast and Prostate) on the Cardiovascular System: Effects and Modifications: A Scientific Statement From the American Heart” Association https://www-ahajournals-org.libproxy1.nus.edu.sg/doi/10.1161/HCG.0000000000000082 4 – Accompanying AAH press release: https://newsroom.heart.org/news/close-monitoring-for-heart-risk-needed-if-breast-prostate-cancer-treatment-includes-hormones 5 – PCN194 Prevalence of Major Adverse Cardiac Events (MACE) in Patients with Prostate Cancer (PC) Receiving Androgen Deprivation Therapy (ADT) in the United States: https://www.valueinhealthjournal.com/article/S1098-3015(20)32587-0/fulltext For more information, please contact: Antev Limited Amit Kohli, CEO Email: amitkohli@antev.co.uk Scius CommunicationsKatja Stout +44 778 943 5990 katja@sciuscommunications.com Daniel Gooch +44 774 787 5479 daniel@sciuscommunications.com About Teverelix and GnRH antagonists Teverelix is an injectable, long-acting GnRH antagonist. In a novel and unique microcrystal formulation which can overcome the well documented safety issues associated with other GnRH antagonist candidates in the treatment of prostate cancer. With good injection site tolerance and a six-week dosing interval, Teverelix is likely to secure better patient compliance and therefore better clinical outcomes. Teverelix also has the potential to be developed for BPH (Benign Prostate Hyperplasia), AUR (Acute Urinary Retention), Endometriosis and Uterine Fibroids. About Antev Limited Antev Limited, based in London, is a late clinical-stage biopharmaceutical company, focused on the development of a robust registration-ready data package for the treatment of advanced prostate cancer in patients with high cardiovascular risk. Prostate cancer affects an estimated 1.3 million new patients annually around the globe and is the second most common cause of cancer death in men. Gonadotrophin-releasing hormone (GnRH) agonists and antagonists represent the foundation of prostate cancer treatment. The Company acquired the intellectual property rights for the decapeptide Teverelix, a novel GnRH antagonist, from LifeArc, one of the UK’s leading medical research charities. Teverelix is formulated as a teverelix TFA salt. It forms a microcrystalline suspension at the concentration used for injection, allowing a small injection volume. This very rare property allows for a highly injectable drug product that exhibits a sustained release. Antev is backed by private investors and was founded in 2013. For more details see our website and follow us on LinkedIn.

LONDON, UK / ACCESSWIRE / February 9, 2021 / Antev Ltd ("Antev" or "the Company"), a late clinical-stage drug development company advancing the drug teverelix to treat prostate cancer and related indications, today announces the appointment of Amit Kohli as Chief Executive Officer ("CEO"). Mr Kohli will be responsible for leading Antev's corporate strategy and operational and clinical development and will oversee the Company's advance along the clinical pathway towards commercialisation for its lead indication, teverelix, a novel gonadotrophin releasing hormone ("GnRH") antagonist for the treatment of hormone sensitive advanced prostate cancer. With over 25 years of senior executive and leadership roles across both public and private companies operating within the healthcare sector, Mr Kohli has strong cross functional experience that straddles clinical drug development, regulatory affairs, manufacturing, sales, marketing and finance. "Amit comes to us from multiple senior executive positions in the life science industries. With his breadth of experience spanning key facets of our industry and at an exciting and important stage in Antev's development, we are delighted to welcome him and very much look to benefitting substantially from his commercial vision and clinical development background", said Oliver Bates, Co-Founder and Non-Exec Chairman of Antev Limited. "I am delighted to join Antev at a key stage in the company's development," commented Mr Kohli. "Teverelix, a novel GnRH Antagonist, offers a potential life-saving treatment for hormone sensitive advanced prostate cancer patients. I am very excited by the Phase 2 clinical advance of teverelix , validating its well differentiated pro will give Urologists and Uro-Oncologists an option to administer a longer acting, efficacious treatment, which has a milder side-effect profile, driving higher compliance. Furthermore, FDA/EMA guidelines allow a quick and cost-effective pathway towards regulatory approval with a single arm pivotal trial of teverelix. This represents an optimum route for Antev and its investors to see the rapid development of its technology towards commercialization. I and Antev's talented team look forward to taking the company on to its next exciting stage." Before joining Antev, Mr Kohli was Chief Operating Officer at Pharnext SA ("Pharnext"), a Euronext listed advanced clinical-stage biopharmaceutical company, developing novel therapeutics for orphan neurodegenerative disorders. At Pharnext, Mr Kohli was responsible for leading corporate strategy and operations. Prior to Pharnext, Mr Kohli held leadership roles at Eurofins, Becton Dickinson and at Sanofi, encompassing sales, marketing, supply chain and manufacturing. Mr. Kohli earned an M.B.A. from the Management Development Institute (MDI) Gurgaon, in India and a Bachelor of Engineering from the University of Pune in India. For more information, please contact: Amit Kohli Antev Limited Tel: +44 (0) 20 7495 3053 Email: akohli@antev.co.uk Tarquin Edwards Peckwater PR Mob: +44 (0) 7879 458 364 Email: tarquin.edwards@peckwaterpr.co.uk About Teverelix and GnRH Antagonists Teverelix is an injectable, long-acting GnRH antagonist in a novel and unique microcrystal formulation, which is able to overcome the historic problems associated with other GnRH antagonist candidates in the treatment of prostate cancer. With good injection site tolerance and a potential six-week dosing interval, Antev management believe the therapeutic is likely to enjoy better compliance and therefore better outcomes. Teverelix also has the potential of being developed to address Benign Prostatic Hyperplasia (BPH), Acute Urinary Retention (AUR) and in women's health, endometriosis and Uterine Fibroids. About Antev Limited Antev is a late clinical-stage drug development company, based in London focused on the development of a robust registration-ready data package for the treatment of advanced prostate cancer. Antev was founded in 2013 and in 2014, the Company acquired the intellectual property rights for teverelix from LifeArc, one of the UK's leading medical research charities. LifeArc ( ) has extensive experience commercialising academic research having helped launch 12 drugs including Avastin®, Campath® and Herceptin® and having formed 18 start-ups including the UK's largest and most successful biotech companies, Celltech and CAT.[1] About Prostate Cancer Prostate cancer affects an estimated 1.3 million patients globally and is the second most common cause of cancer death in men.[2]. In spite of novel treatments being developed, androgen deprivation therapy (ADT) remains the foundation of care. [1] [2] Bray et al. (2018). Global cancer statistics 2018: GLOBOCAN estimates of incidence and mortality worldwide for 36 cancers in 185 countries. CA: A Cancer Journal for Clinicians, 68(6), pp.394-424. SOURCE: Antev Ltd View source version on accesswire.com: