Full Press Release Details
Announces Dr. Andreas Muhs, Chief Scientific Officer, to Take Medical Leave of Absence
Switzerland, October 22, 2018 - AC Immune SA (NASDAQ: ACIU), a Swiss-based, clinical-stage biopharmaceutical company
with a broad pipeline focused on neurodegenerative diseases, today announced that Dr. Andreas Muhs, Chief Scientific Officer,
will take a medical leave of absence, starting immediately. During the leave of absence, AC Immune's research team will
be led by Dr. David Lowe on an interim basis. Dr. Lowe has served as AC Immune's Deputy Chief Scientific Officer and more
recently as Innovation Fellow since January 2014. While he is on medical leave, Dr. Muhs will stay involved with AC Immune's
research team to the extent practical, and he will re-assume his role as soon as he has recovered.
is a clinical-stage Swiss-based biopharmaceutical company, listed on Nasdaq, which aims to become a global leader in precision
medicine for neurodegenerative diseases. The Company designs, discovers and develops therapeutic as well as diagnostic products
intended to prevent and modify diseases caused by misfolding proteins. AC Immune's two proprietary technology platforms
create antibodies, small molecules and vaccines designed to address a broad spectrum of neurodegenerative indications, such as
Alzheimer's disease (AD). The Company's pipeline features nine therapeutic and three diagnostic product candidates
- with five product candidates currently in clinical trials. The most advanced of these is crenezumab, a humanized anti-amyloid-
monoclonal IgG4 antibody that targets monomeric and aggregated forms of amyloid- , with highest affinity for neurotoxic oligomers.
Crenezumab is currently in two Phase 3 clinical studies for AD, under a global program conducted by the collaboration partner
Roche/Genentech. Other collaborations include Biogen, Janssen Pharmaceuticals, Nestl Institute of Health Sciences, Piramal
Imaging and Essex Bio-Technology.
Forward looking statements
release contains statements that constitute "forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements other
than historical fact and may include statements that address future operating, financial or business performance or AC Immune's
strategies or expectations. In some cases, you can identify these statements by forward-looking words such as "may,"
"might," "will," "should," "expects," "plans," "anticipates,"
"believes," "estimates," "predicts," "projects," "potential," "outlook"
or "continue," and other comparable terminology. Forward-looking statements are based on management's current
expectations and beliefs and involve significant risks and uncertainties that could cause actual results, developments and business
decisions to differ materially from those contemplated by these statements. These risks and uncertainties include those described
under the captions "Item 3. Key Information - Risk Factors" and "Item 5. Operating and Financial Review
and Prospects" in AC Immune's Annual Report on Form 20-F and other filings with the Securities and Exchange Commission.
Forward-looking statements speak only as of the date they are made, and AC Immune does not undertake any obligation to update
them in light of new information, future developments or otherwise, except as may be required under applicable law. All forward-looking
statements are qualified in their entirety by this cautionary statement.
information, please contact:
| In Europe Beatrix Benz AC Immune Corporate Communications Phone: +41 21 345 91 34 E-mail: beatrix.benz@acimmune.com | In the US Lisa Sher AC Immune Investor Relations Phone: +1 970 987 26 54 E-mail: lisa.sher@acimmune.com |
| Nick Miles/Toomas Kull Cabinet Priv de Conseils s.a. Phone: +41 22 552 46 46 E-mail: miles@cpc-pr.com kull@cpc-pr.com | Ted Agne The Communications Strategy Group Inc. Phone: +1 781 631 3117 E-mail: edagne@comstratgroup.com |