Ultimovacs is a pharmaceutical company developing novel immunotherapies against cancer. The lead product candidate is UV1, a peptide-based vaccine inducing a specific T cell response against the universal cancer antigen telomerase. UV1 is being developed as a therapeutic cancer vaccine (TCV) for use as monotherapy, and as a platform for other immuno-oncology drugs which require an ongoing T cell response for their mode of action. Ultimovacs is performing a broad clinical development program with clinical trials in Europe and the USA.
Ultimovacs was established in 2011. The company and its proprietary technology is based on pre-clinical and clinical research on immunotherapies conducted at the Oslo University Hospital. The company is privately held, mainly by Norwegian private investors/family offices.
Ultimovacs has started preparations for a potential listing of the Company on Oslo Børs (Oslo Stock Exchange) and the aim is to complete the IPO during Q1-19.
The main purpose of the IPO is to ensure financing of operations and core development projects for the following 5 years with intent to file for Marketing Authorisation of UV1.
Øyvind K. ArnesenChief Executive Officer
MD with 10+ years of clinical experience and 10+ years of experience from pharma industry with positions as Medical Director Norway (Bristol-Myers Squibb), Medical Director and Head of Clinical Operations Nordic countries in Boehringer Ingelheim. Member of The National Commission for the Investigation of Research Misconduct in Norway. Board member of the Norwegian Pharmaceutical Industry Association.
Audun TornesChief Operating Officer
Gustav GaudernackChief Scientific Officer
Professor and head of Unit for Immunotherapy at Radiumhospitalet from 1995 to 2011. Initiated over 20 clinical studies in cancer vaccination, including the first peptide vaccine study in cancer world wide (mutant RAS). Has more than 50 patents and 15 licenses of monoclonal antibodies, cancer vaccines and cancer diagnostics.
Ingunn Hagen WestgaardHead of Research
10+ years’ experience within R&D from academia and biotech industry within oncology and immunology. Regulatory experience from national and European regulatory authorities. Consulting experience in clinical development and medical communication. Ingunn Westgaard holds a PhD in cell biology.
Hans Vassgård EidChief Financial Officer
20+ years' experience within business development and venture- and private equity investments across multiple industries. Senior management positions within business development, most recently at PHARMAQ, the global leader within aquatic animal health. Consulting experience from McKinsey & Company.
Torill TronesHead of Office
Joachim MidttunFinancial Manager
Before joining Ultimovacs, Joachim spent 6.5 years with Deloitte, most recently as Manager within transaction services in Financial Advisory. Acted as interim CFO in Orona Norway, a subsidiary of a European group headquartered in Spain. Joachim Midttun holds a Master of Science in Business and Economics from BI Norwegian Business School.
Gudrun TrøiteDirector Regulatory Affairs and Quality Assurance
10+ years of experience from medium size Norwegian pharmaceutical companies. Project manager for international clinical trials, experience from regulatory pre- and post marketing processes and quality assurance. Previous Clinical Operations Director in Photocure. Holds a PhD in medical physics.
Jens BjørheimChief Medical Officer Pharmacovigilance Responsible Person
MD PhD with clinical oncology experience and scientific merits within immunology and cancer genetics. 10 years of experience from pharmaceutical industry in Headquarter, Nordic and Baltic positions in Pronova Biopharma (BASF), Novartis, Clavis Pharma and AstraZeneca.
Steinar AamdalSenior Medical Advisor
Professor of Oncology at the Department of Oncology at Oslo University Hospital since 2002 and, since 2004, Head of the Section for Clinical Cancer Research and Resource Development. Active member of several international societies, such as, ESMO, ASCO, AACR. Also member of EMA Scientific Advisory Group for Oncology (SAG-O). More than 100 peer-reviewed publications.
Wenche RaschHead of International Clinical Development
20+ years' experience within clinical research and development in pharmaceutical and biotech industry. Previous Head of Clinical Development, Aker BioPharma/BioMarine and VP Clinical R&D, Clavis Pharma. Wenche Rasch holds a PhD in human physiology from Université Laval, Québec, Canada.
Øivind FossHead of Clinical Operations
10+ years’ experience within clinical research and development from AstraZeneca, Clavis Pharma and Pharmalink Oncology. Previous Director of Clinical Operations at Pharmalink Oncology. Øivind Foss holds a Dr Scient degree in sport physiology from the Norwegian University of Sport and Physical Education.
Roald SkurtveitProduct Development Manager
Before joining Ultimovacs, Roald held a position as project leader and senior scientist in IFE. His previous experience includes 10 years as project leader for drug development in Amersham Health and GE Healthcare where he has lead projects from early development to filing for marketing approval. Roald also has experience from research and early stage development in Nycomed. Roald holds a PhD in physical chemistry.
Espen Basmo EllingsenScientist
Sara MangsboChief Development Officer
In parallel with her position as Chief Development Officer at Ultimovacs, Sara also holds an Associate professorship and Associate senior lectureship in protein drugs at Uppsala University. Sara is the founder of and previous CSO of Immuneed AB and have 10+ years in the R&D field of immuno-oncology with experience in antibody and peptide-based drugs along with advanced ex vivo and in vivo modeling.