Da Volterra SA

Seasoned Biotechnology and Corporate Management Experts, Khoso Baluch, Jeffrey Pfeffer, and Wa’el Hashad, Elected to Board at Annual Meeting of Stockholders MIAMI, June 13, 2023 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN) ("Longeveron" or "Company"), a clinical stage biotechnology company developing cellular therapies for life-threatening and chronic aging-related conditions, announced today the election of three distinguished new directors to serve on the Longeveron Inc. Board of Directors. Wa’el Hashad, Khoso Baluch, and Jeffrey Pfeffer were elected at the Company’s Annual Meeting of Stockholders, held Friday June 9, 2023, and will serve until the 2026 Annual Meeting of Stockholders, or until their successors are duly elected. Concurrent with the election of the new Directors, the terms of Donald Soffer, Erin Borger, and Todd Girolamo to serve as directors expired. “We are very honored to welcome such prominent and experienced new members to our Board and look forward to their tremendous expertise, diverse experience, and counsel as we continue to advance our regenerative medicine toward critical milestones,” said Joshua M. Hare, MD, FACC, and Chairman of Longeveron. “These individuals bring a wealth of critical experience to help Longeveron’s growth, and under Mr. Hashad’s leadership as our new Chief Executive Officer, we are even more excited about the potential of Lomecel-B™, our lead investigational product, and look forward to accelerated progress for this investigational therapy across all of our clinical programs.” “On behalf of the Board, I also want to thank Messrs. Soffer, Borger, and Girolamo for their many contributions to Longeveron. We believe Longeveron is well positioned to realize the potential of Lomecel-B™, and we thank them for their dedication and service,” concluded Dr. Hare. Summary biographies of the new directors are as follows: Wa’el Hashad has served as Chief Executive Officer of Longeveron since February, 2023. Prior to that time, he served as the President and Chief Executive Officer of Avanir Pharmaceuticals from 2017 until 2023. Prior to 2017, he served as the chairman of the strategic advisory board for Morningside Biopharma, a private incubator of several pharmaceutical/bio-tech companies, for three years. In addition, he has held vice president roles at Amgen Inc., Boehringer Ingelheim, and Eli Lilly and Company. Mr. Hashad earned an executive degree from the Wharton Business School, University of Pennsylvania, an MBA degree from the University of Akron, and a Bachelor of Science degree from the University of Cairo. Khoso Baluch has over 36 years of experience across global geographies in the biopharmaceutical industry. Since 2012, he has served as an independent director of Poxel S.A., a French publicly traded biotech company, chairs its compensation committee and as of March 2023 became Chairman. He also currently serves as an independent director of Processa Pharmaceuticals, Inc (NASDAQ: PCSA), and serves on its audit and compensation committees. He served as the Chairman of the Board for Da Volterra, a French privately held company, from December 2021 until November 2022. From 2016 to 2021, Mr. Baluch served as the Chief Executive Officer and Board member of CorMedix, Inc., a publicly traded pharmaceutical company in the US. Mr. Baluch also held various senior positions at UCB, S.A. between January 2008 to April 2016, including Senior Vice President and President Europe, Middle East & Africa. Prior to joining UCB, Mr. Baluch worked for Eli Lilly and Company for 24 years, holding international positions spanning Europe, the Middle East and the United States in general management, business development, market access and product leadership. Mr. Baluch holds a B.S. in Aeronautical Engineering from City University London and an MBA from Cranfield School of Management. Jeffrey Pfeffer is the Thomas D. Dee II Professor of Organizational Behavior at the Graduate School of Business, Stanford University, where he has taught since 1979. He is the author or co-author of 16 books. Dr. Pfeffer received his B.S. and M.S. degrees from Carnegie-Mellon University and his Ph.D. from Stanford. Dr. Pfeffer currently serves on the advisory boards for Collective Health and Quorso, and on the boards of the nonprofit Quantum Leap Healthcare and the San Francisco Playhouse. In the past he has served on the boards of Resumix, Unicru, and Workstream (WSTM), all human capital software companies, Audible Magic, an internet company, SonoSite (SONO), a NASDAQ company designing and manufacturing portable ultrasound machines, Berlin Packaging, a Chicago-based supplier of packaging services, Portola Packaging, a private company making plastic bottle caps and bottles, and Actify, a software company. About Longeveron Inc.Longeveron is a clinical stage biotechnology company developing regenerative medicines to address unmet medical needs. The Company’s lead investigational product is Lomecel-B™ an allogeneic medicinal signaling cell (MSC) therapy product isolated from the bone marrow of young, healthy adult donors. Lomecel-B™ has multiple mechanisms of action encompassing pro-vascular, pro-regenerative, anti-inflammatory, and tissue repair and healing effects with broad potential applications across a spectrum of disease areas. Longeveron is currently advancing Lomecel-B™ through clinical trials in three indications: hypoplastic left heart syndrome (HLHS), Alzheimer’s Disease, and Aging-Related Frailty. Additional information about the Company is available at www.longeveron.com. Forward-Looking StatementsCertain statements in this press release that are not historical facts are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, which reflect management's current expectations, assumptions, and estimates of future operations, performance and economic conditions, and involve risks and uncertainties that could cause actual results to differ materially from those anticipated by the statements made herein. Forward-looking statements are generally identifiable by the use of forward-looking terminology such as "believe," "expects," "may," "looks to," "will," "should," "plan," "intend," "on condition," "target," "see," "potential," "estimates," "preliminary," or "anticipates," or the negative thereof or comparable terminology, or by discussion of strategy or goals or other future events, circumstances, or effects. Factors that could cause actual results to differ materially from those expressed or implied in any forward-looking statements in this release include, but are not limited to, statements about the ability of Longeveron’s clinical trials to demonstrate safety and efficacy of the Company’s product candidates, and other positive results; the timing and focus of the Company’s ongoing and future preclinical studies and clinical trials and the reporting of data from those studies and trials; the size of the market opportunity for the Company’s product candidates, including its estimates of the number of patients who suffer from the diseases being targeted; the success of competing therapies that are or may become available; the beneficial characteristics, safety, efficacy and therapeutic effects of the Company’s product candidates; the Company’s ability to obtain and maintain regulatory approval of its product candidates in the U.S., Japan and other jurisdictions; the Company’s plans relating to the further development of its product candidates, including additional disease states or indications it may pursue; the Company’s plans and ability to obtain or protect intellectual property rights, including extensions of existing patent terms where available and its ability to avoid infringing the intellectual property rights of others; the need to hire additional personnel and the Company’s ability to attract and retain such personnel; the Company’s estimates regarding expenses, future revenue, capital requirements and needs for additional financing; the Company’s need to raise additional capital, and the difficulties it may face in obtaining access to capital, and the dilutive impact it may have on its investors; the Company’s financial performance, and the period over which it estimates its existing cash and cash equivalents will be sufficient to fund its future operating expenses and capital expenditure requirements. Further information relating to factors that may impact the Company's results and forward-looking statements are disclosed in the Company's filings with the Securities and Exchange Commission, including Longeveron’s Annual Report on Form 10-K for the year ended December 31, 2022, filed with the SEC on March 14, 2023. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company disclaims any intention or obligation, other than imposed by law, to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Investor ContactMike MoyerLifeSci AdvisorsTel: 617-308-4306Email: mmoyer@lifesciadvisors.com

Seasoned Biotechnology and Corporate Management Experts, Khoso Baluch, Jeffrey Pfeffer, and Wa’el Hashad, Elected to Board at Annual Meeting of Stockholders MIAMI, June 13, 2023 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN) ("Longeveron" or "Company"), a clinical stage biotechnology company developing cellular therapies for life-threatening and chronic aging-related conditions, announced today the election of three distinguished new directors to serve on the Longeveron Inc. Board of Directors. Wa’el Hashad, Khoso Baluch, and Jeffrey Pfeffer were elected at the Company’s Annual Meeting of Stockholders, held Friday June 9, 2023, and will serve until the 2026 Annual Meeting of Stockholders, or until their successors are duly elected. Concurrent with the election of the new Directors, the terms of Donald Soffer, Erin Borger, and Todd Girolamo to serve as directors expired. “We are very honored to welcome such prominent and experienced new members to our Board and look forward to their tremendous expertise, diverse experience, and counsel as we continue to advance our regenerative medicine toward critical milestones,” said Joshua M. Hare, MD, FACC, and Chairman of Longeveron. “These individuals bring a wealth of critical experience to help Longeveron’s growth, and under Mr. Hashad’s leadership as our new Chief Executive Officer, we are even more excited about the potential of Lomecel-B™, our lead investigational product, and look forward to accelerated progress for this investigational therapy across all of our clinical programs.” “On behalf of the Board, I also want to thank Messrs. Soffer, Borger, and Girolamo for their many contributions to Longeveron. We believe Longeveron is well positioned to realize the potential of Lomecel-B™, and we thank them for their dedication and service,” concluded Dr. Hare. Summary biographies of the new directors are as follows: Wa’el Hashad has served as Chief Executive Officer of Longeveron since February, 2023. Prior to that time, he served as the President and Chief Executive Officer of Avanir Pharmaceuticals from 2017 until 2023. Prior to 2017, he served as the chairman of the strategic advisory board for Morningside Biopharma, a private incubator of several pharmaceutical/bio-tech companies, for three years. In addition, he has held vice president roles at Amgen Inc., Boehringer Ingelheim, and Eli Lilly and Company. Mr. Hashad earned an executive degree from the Wharton Business School, University of Pennsylvania, an MBA degree from the University of Akron, and a Bachelor of Science degree from the University of Cairo. Khoso Baluch has over 36 years of experience across global geographies in the biopharmaceutical industry. Since 2012, he has served as an independent director of Poxel S.A., a French publicly traded biotech company, chairs its compensation committee and as of March 2023 became Chairman. He also currently serves as an independent director of Processa Pharmaceuticals, Inc (NASDAQ: PCSA), and serves on its audit and compensation committees. He served as the Chairman of the Board for Da Volterra, a French privately held company, from December 2021 until November 2022. From 2016 to 2021, Mr. Baluch served as the Chief Executive Officer and Board member of CorMedix, Inc., a publicly traded pharmaceutical company in the US. Mr. Baluch also held various senior positions at UCB, S.A. between January 2008 to April 2016, including Senior Vice President and President Europe, Middle East & Africa. Prior to joining UCB, Mr. Baluch worked for Eli Lilly and Company for 24 years, holding international positions spanning Europe, the Middle East and the United States in general management, business development, market access and product leadership. Mr. Baluch holds a B.S. in Aeronautical Engineering from City University London and an MBA from Cranfield School of Management. Jeffrey Pfeffer is the Thomas D. Dee II Professor of Organizational Behavior at the Graduate School of Business, Stanford University, where he has taught since 1979. He is the author or co-author of 16 books. Dr. Pfeffer received his B.S. and M.S. degrees from Carnegie-Mellon University and his Ph.D. from Stanford. Dr. Pfeffer currently serves on the advisory boards for Collective Health and Quorso, and on the boards of the nonprofit Quantum Leap Healthcare and the San Francisco Playhouse. In the past he has served on the boards of Resumix, Unicru, and Workstream (WSTM), all human capital software companies, Audible Magic, an internet company, SonoSite (SONO), a NASDAQ company designing and manufacturing portable ultrasound machines, Berlin Packaging, a Chicago-based supplier of packaging services, Portola Packaging, a private company making plastic bottle caps and bottles, and Actify, a software company. About Longeveron Inc. Longeveron is a clinical stage biotechnology company developing regenerative medicines to address unmet medical needs. The Company’s lead investigational product is Lomecel-B™ an allogeneic medicinal signaling cell (MSC) therapy product isolated from the bone marrow of young, healthy adult donors. Lomecel-B™ has multiple mechanisms of action encompassing pro-vascular, pro-regenerative, anti-inflammatory, and tissue repair and healing effects with broad potential applications across a spectrum of disease areas. Longeveron is currently advancing Lomecel-B™ through clinical trials in three indications: hypoplastic left heart syndrome (HLHS), Alzheimer’s Disease, and Aging-Related Frailty. Additional information about the Company is available at . Forward-Looking Statements Certain statements in this press release that are not historical facts are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, which reflect management's current expectations, assumptions, and estimates of future operations, performance and economic conditions, and involve risks and uncertainties that could cause actual results to differ materially from those anticipated by the statements made herein. Forward-looking statements are generally identifiable by the use of forward-looking terminology such as "believe," "expects," "may," "looks to," "will," "should," "plan," "intend," "on condition," "target," "see," "potential," "estimates," "preliminary," or "anticipates," or the negative thereof or comparable terminology, or by discussion of strategy or goals or other future events, circumstances, or effects. Factors that could cause actual results to differ materially from those expressed or implied in any forward-looking statements in this release include, but are not limited to, statements about the ability of Longeveron’s clinical trials to demonstrate safety and efficacy of the Company’s product candidates, and other positive results; the timing and focus of the Company’s ongoing and future preclinical studies and clinical trials and the reporting of data from those studies and trials; the size of the market opportunity for the Company’s product candidates, including its estimates of the number of patients who suffer from the diseases being targeted; the success of competing therapies that are or may become available; the beneficial characteristics, safety, efficacy and therapeutic effects of the Company’s product candidates; the Company’s ability to obtain and maintain regulatory approval of its product candidates in the U.S., Japan and other jurisdictions; the Company’s plans relating to the further development of its product candidates, including additional disease states or indications it may pursue; the Company’s plans and ability to obtain or protect intellectual property rights, including extensions of existing patent terms where available and its ability to avoid infringing the intellectual property rights of others; the need to hire additional personnel and the Company’s ability to attract and retain such personnel; the Company’s estimates regarding expenses, future revenue, capital requirements and needs for additional financing; the Company’s need to raise additional capital, and the difficulties it may face in obtaining access to capital, and the dilutive impact it may have on its investors; the Company’s financial performance, and the period over which it estimates its existing cash and cash equivalents will be sufficient to fund its future operating expenses and capital expenditure requirements. Further information relating to factors that may impact the Company's results and forward-looking statements are disclosed in the Company's filings with the Securities and Exchange Commission, including Longeveron’s Annual Report on Form 10-K for the year ended December 31, 2022, filed with the SEC on March 14, 2023. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company disclaims any intention or obligation, other than imposed by law, to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Investor Contact Mike Moyer LifeSci Advisors Tel: 617-308-4306 Email: mmoyer@lifesciadvisors.com

JERSEY CITY, N.J., June 7, 2022 /PRNewswire/ -- InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the " Global Antibiotic Resistance Market by Pathogen (DRSP, DRC, CD, MRSA, DRNG , DRNTS, Other Pathogen), Technology (Antibiotics, Phage, Pep/Lys, Antibodies, Vaccine, Others) Trends, Industry Competition Analysis, Revenue and Forecast To 2030." According to the latest research by InsightAce Analytic, the global Antibiotic Resistance market is valued at US$ 10.82 Billion in 2021, and it is expected to reach US$ 18.34 Billion by 2030, with a CAGR of 6.1% during the forecast period of 2022-2030. Antibiotic resistance is caused by antibiotic overuse and misuse (ABR). Most antibiotics are accessible over-the-counter, and many people use them without a doctor's prescription. The presence of international organizations in developed markets acts as a stimulant such as BARDA gives biotech companies financial assistance to complete early-stage research on innovative antibiotic-resistant illness remedies. This is projected to open up new revenue possibilities for participants in the worldwide Antibiotic Resistance market. Major companies' high expenditures and recent breakthroughs in creating numerous technologies have provided profitable revenue prospects for market expansion over the projection period. Request for Sample Pages: The global antibiotics industry is expanding because of rising antibiotics in poor and middle-income countries, pharmaceutical companies' significant investments in R&D, and an increase in the prevalence of infectious diseases. Major players' substantial investments and new advancements in the production of various end-use goods have provided lucrative revenue potential in developed markets. Furthermore, advances in nutrition, medicines, and immunization are expected to boost the antibiotic resistance industry forward during the forecast period. The discovery of advanced prospect molecules and the introduction of novel combination therapies to treat antibiotic-resistant microbial infections are expected to propel market growth. However, The shortage of educated employees and strict safety rules may pose additional challenges to the antibiotic resistance market's growth over the upcoming years. Furthermore, a lack of investor interest in the research and development of antibiotic resistance medicines may impede the demand for antibiotic resistance throughout the projection period. The North America Antibiotic Resistance market will likely earn a significant revenue share and develop at a rapid CAGR shortly. Several new medicine launches and considerable treatment costs support the regional market's expansion. Also, the development of healthcare facilities in the region is expected to fuel the growth of the antibiotic resistance market in the upcoming years. The emergence of antibiotic-resistant illnesses and an increase in healthcare-acquired infections are expanding the patient pool in the United States. Enquire Before Buying: Furthermore, the presence of significant market players and increased collaboration among important companies for market penetration in the area gives opportunities for the worldwide Antibiotic Resistance market to develop. Greater engagement in terms of investment to combat resistance and implementing proper usage and stewardship standards for the use of antibiotics will boost market expansion over the upcoming years. Major market players operating in the Antibiotic Resistance market include The Medicines Company, Melinta Therapeutics, Arsanis, Phage Technologies S.A, Westway Health, Tetraphase Pharmaceuticals, BioVersys GmbH, Nabriva Therapeutics, Macrolide Pharmaceuticals, Nemesis Bioscience, C3J Therapeutics, Inc, EpiBiome, discuva, SmartPhage, AmpliPhi Biosciences, Pherecydes Pharma, Micreos, Procarta Biosystems, Lumavita, Madam Therapeutics, Priaxon, Biolytx Pharmaceuticals, AntibioTx, Xellia Pharmaceuticals, Paratek Pharmaceuticals, Synereca Pharmaceuticals, Allecra Therapeutics, Fixed Phage, Enanta Pharmaceuticals, Inc, Demuris, Prommune, Biosergen, Innovation Pharmaceuticals, Aviragen Therapeutics, Achillion Pharmaceuticals, ImmunNovative Developments, S.L., Achaogen, Inc., SelectX Pharmaceuticals, Inc., TaiGen Biotechnology Co., Ltd, Theravance Biopharma, Abbvie, KYORIN Pharmaceutical Co., Ltd., Iterum Therapeutics Limited, Forge Therapeutics, Alopexx Vaccine LLC, Integrated Biotherapeutics, Hennepin Life Sciences, Fedora Pharmaceuticals Inc, Contrafect Corporation, Basilea Pharmaceutica Ltd., AiCuris, RedHill Biopharma, Redx Pharma Plc/ Redx Anti Infectives Ltd., ABAC Therapeutics, Alaxia SAS, Antabio S.A.S, Auspherix Ltd, BioFilm Pharma, Centauri Therapeutics Ltd, Combioxin SA, Da Volterra, Debiopharm International SA, Deinobiotics/Deinove, Destiny Pharma plc, Eligo Bioscience, Helperby Therapeutics Ltd, Karveel Pharmaceuticals, MaaT Pharma, Motif BioSciences, Inc / Motif Bio PLC, Mutabilis SAS, Neem Biotech Ltd, Northern Antibiotics Oy (Ltd), Nosopharm, NovaBiotics Ltd, Phico Therapeutics Ltd, Polyphor Ltd, QureTech Bio AB, SetLance Srl, Ultupharma AB, Vaxdyn, Vibiosphen, Bioaster, Vivexia, KBP Biosciences, Absynth Biologics, Spero Therapeutics, Merck, Symphogen, Warp Drive Bio, Johnson & Johnson (Janssen), Pfizer, Allergan, Novartis, AstraZeneca, Cipla, DSM Sinochem Pharmaceuticals, Wockhardt Ltd., VenatoRx Pharmaceuticals, MicuRx, Entasis Therapeutics, Merlion Pharmaceuticals, Aridis Pharmaceuticals Inc, Other Prominent Players. Key Developments in the market: In April 2022, Johnson & Johnson announced the opening of the J&J Satellite Center for Global Health Discovery (Satellite Center) at the University of Cape Town's Holistic Drug Discovery and Development (H3D) Centre. The H3D Satellite Center will aim to develop novel approaches to combat the current and growing danger of antimicrobial resistance (AMR), focusing on multidrug-resistant Gram-negative bacteria (MDR-GNB). In Sept 2021, Iterum Therapeutics plc announced that in the third quarter of 2021, the company held a Type A meeting with the US Food and Drug Administration (FDA) to discuss the steps required for resubmitting the New Drug Application (NDA) for sulopenem etzadroxil/probenecid (oral sulopenem) for the treatment of simple urinary tract infections (uUTI). The FDA published a Complete Response Letter (CRL) to the company in July, asking for further evidence to support the approval of oral sulopenem for the treatment of adult women with uUTI. In Jan 2020, Wockhardt became the first Indian pharmaceutical company to receive approval from the drug regulator for two new antibiotics, which it aims to offer on the home market in the coming months. Emrok (injectable) and Emrok O (oral) has been authorised by the Drug Controller General of India (DCGI) for the treatment of severe bacterial skin and skin structure infections, including diabetic foot infections. In Nov 2019, Novartis announced the signing of a merger agreement and strategy with The Medicines Company. The anticipated purchase of The Medicines Company would enable Novartis to continue growing pipeline depth in a critical therapeutic area - a core pillar of its M&A strategy – and is in keeping with Novartis' strategic aim of delivering genuinely revolutionary medicines to patients. It would include a possible first-in-class siRNA inhibitor targeting PCSK9, which has the potential to revolutionise the treatment of high-risk patients with increased LDL-C. Market Segments Global Antibiotic Resistance Market, by Pathogen, 2020-2030 (Value US$ Bn) DRSP DRC CD MRSA DRNG DRNTS Other Pathogen Global Antibiotic Resistance Market, by Technology, 2020-2030 (Value US$ Bn) Antibiotics Phage Pep/Lys Antibodies Vaccine Others Global Antibiotic Resistance Market, by Region, 2020-2030 (Value US$ Bn) North America Europe Asia Pacific Latin America Middle East & Africa North America Antibiotic Resistance Market, by Country, 2020-2030 (Value US$ Bn) U.S. Canada Europe Antibiotic Resistance Market, by Country, 2020-2030 (Value US$ Bn) Germany France Italy Spain Russia Rest of Europe Asia Pacific Antibiotic Resistance Market, by Country, 2020-2030 (Value US$ Bn) India China Japan South Korea Australia & New Zealand Latin America Antibiotic Resistance Market, by Country, 2020-2030 (Value US$ Bn) Brazil Mexico Rest of Latin America Middle East & Africa Antibiotic Resistance Market, by Country, 2020-2030 (Value US$ Bn) GCC Countries South Africa Rest of Middle East & Africa Why should buy this report: To receive a comprehensive analysis of the prospects for the global Antibiotic Resistance market To receive an industry overview and future trends of the Antibiotic Resistance market To analyze the Antibiotic Resistance market drivers and challenges To get information on the Antibiotic Resistance market size (Value US$ Bn) forecast to 2030 Major investments, mergers & acquisitions in the Antibiotic Resistance market industry For customization @ Other Related Reports Published by InsightAce Analytic: Global Phage Therapy Market Global Therapeutic Proteins and Oral Vaccines Market Global Biosimilar Monoclonal Antibodies Market Global COVID-19 Therapeutics Market About Us: InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner. Contact Us: InsightAce Analytic Pvt. Ltd. Tel.: +1 718 593 4405 Email: [email protected] Site Visit: Follow Us on LinkedIn @ bit.ly/2tBXsgS Follow Us On Facebook @ bit.ly/2H9jnDZ SOURCE InsightAce Analytic Pvt. Ltd.