OncoOne Appoints Brent Meadows as Chief Business Officer – Company establishes U.S. subsidiary as base for strategic partnerships and business development activities-

Vienna, Austria – September 15, 2021

OncoOne, a biotechnology company focused on discovering precision medicines for cancer and other indications, announced today the appointment of Brent Meadows to its executive management team as Chief Business Officer (CBO). Mr. Meadows joins with over 25 years of US and global commercial strategy, launch marketing, and business development experience from both large pharmaceutical and biotechnology companies including Johnson & Johnson, Bristol-Myers Squibb, and Regeneron, among others.

Concurrent with the appointment of Mr. Meadows, OncoOne has established a United States subsidiary in Boston, Massachusetts: OncoOne US Inc., which Mr. Meadows will lead as General Manager. OncoOne US Inc. will be the base for the company’s future business development activities.

“Brent has built an impressive track record in a range of key leadership positions for his ability to drive global strategic collaborations and establish foundational business practices, resulting in a large number of successful agreement and licensing partnerships,” said Randolf Kerschbaumer, Ph.D., CEO of OncoOne. “As we continue to advance our novel monoclonal antibodies targeting oxidized macrophage migration inhibitory factor (oxMIF) through the early stages of drug development and continue to expand our pipeline, Brent’s experience will be important in setting a corporate strategy that further positions OncoOne as an emerging leader in precision therapeutics for cancer and other diseases.”

“OncoOne is rapidly progressing toward becoming a clinical-stage company with a unique opportunity based in their proprietary knowledge of oxMIF and oxMIF’s potential in a broad range of blockbuster indications,” said Brent Meadows, Chief Business Officer of OncoOne. “I am humbled and honored to join OncoOne’s world-class research team to help expand their future development and partnering opportunities.”

Before joining OncoOne, Mr. Meadows served as the commercialization lead for many of Biogen’s pipeline assets. Prior to Biogen, Mr. Meadows led the commercial insights into Baxalta’s (then Shire’s) oncology pipeline. Mr. Meadows’ background includes various senior marketing leadership roles in which he led launch marketing efforts and successful licensing partnerships at Baxalta, Bristol Myers Squibb, Regeneron, and Johnson & Johnson. As the first commercial hire at AVEO Oncology, Mr. Meadows served as the co-program executive for FOTIVDA® (tivozanib) helping to create the scientific narrative and expert engagement which led to the $1.4 billion collaboration with Astellas and the EMEA approval. Mr. Meadows holds an MBA from the Babson F.W. Olin Graduate School of Business and a Bachelors of Business Administration from the University of Richmond..

About OncoOne

OncoOne seeks to overcome the limitations of targeting macrophage migration inhibitory factor by harnessing the high tumor-specificity of the disease-related isoform, oxidized macrophage migration inhibitory factor (oxMIF). The Company is focused on developing multiple proprietary drug modalities to leverage oxMIF’s potential as a target for systemic treatment of pancreatic, colorectal, ovarian and lung cancer, as well as for chronic inflammatory diseases. Equipped with a successful track-record in early-stage drug development, as well as a deep understanding of the target itself, OncoOne’s leadership will advance a pipeline based on oxMIF’s promise in oncology and other disease areas. www.oncoone.com

For OncoOne:
Randolf Kerschbaumer, Ph.D., CEO
Website: https://www.oncoone.com/
E-mail: contact@oncoone.com
Phone: +43 1 909 2208 – 6000

For Media Inquiries:
Trophic Communications
Gretchen Schweitzer or Valeria Fisher
E-mail: schweitzer@trophic.eu or OncoOne@trophic.eu
Phone: +49 892 388 7735 or +49 172 861 8540

OncoOne Launches with EUR 13 Million Series A to Develop Multiple Drug Modalities for Unexplored Target

Klosterneuburg, Austria – March 18, 2020

OncoOne today announced the close of a EUR 13 million Series A financing round, marking its industry debut. OncoOne will develop several drug modalities to target oxidized macrophage migration inhibitory factor (oxMIF), an isoform of macrophage migration inhibitory factor (MIF) and an exciting new drug target in solid tumor cancer indications. With extensive experience in drug discovery and development, the founders, Randolf Kerschbaumer, PhD, Michael Thiele, PhD and Alexander Schinagl, PhD founded OncoOne to develop multiple proprietary drug modalities targeting oxMIF, with the goal of rapidly entering clinical trials in pancreatic, colorectal, lung and ovarian cancer. Investors participating in the Series A included the Austrian Research Promotion Agency (FFG), the Austria Wirtschaftsservice Gesellschaft (AWS), and two family offices. Further details regarding the funding round have not been disclosed.

“As a target, oxMIF provides a very unique opportunity because in contrast to many other targets currently investigated in cancer therapy, it is generated by a post-translational mechanism and is characterized by a remarkable tumor specificity. OxMIF can be harnessed to attack specific types of tumors through different drug modalities,” said Randolf Kerschbaumer, CEO of OncoOne. “Our Company name represents our united ambition to use our combined drug development expertise to access the varied potential of oxMIF and the initial funding will enable us to explore this potential to provide innovative treatments for cancer indications with poor prognosis.”

About OncoOne

OncoOne seeks to overcome the limitations of targeting macrophage migration inhibitory factor by harnessing the high tumor-specificity of the disease-related isoform, oxidized macrophage migration inhibitory factor (oxMIF). The Company is focused on developing multiple proprietary drug modalities to leverage oxMIF’s potential as a target for systemic treatment of pancreatic, colorectal, ovarian and lung cancer. Equipped with a successful track-record in early-stage drug development, as well as a deep understanding of the target itself, OncoOne’s leadership will advance a pipeline based on oxMIF’s promise in oncology, with the goal of expanding into other disease areas. www.oncoone.com

For OncoOne:
Randolf Kerschbaumer, PhD, CEO
Website: https://www.oncoone.com/
E-mail: office@oncoone.com
Phone: +43 1 909 2208 – 6000

For Media Inquiries:
Trophic Communications Gretchen Schweitzer or Valeria Fisher
E-mail: schweitzer@trophic.eu or fisher@trophic.eu
Phone: +49 892 388 7735 or +49 175 804 1816