8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities and Exchange Act of 1934

Date of Report (Date of earliest event reported): March 16, 2019

Gene Biotherapeutics, Inc.

(Exact name of registrant as specified in its charter)

Delaware	001-33635	27-0075787
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

11568 Sorrento Valley Rd., Suite 14
San Diego, California	92121
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (858) 436-1000

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company [  ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [  ]

Item 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS:

On March 16, 2019, Gerald J. Lewis (age 85) retired as a member of the Registrant’s Board of Directors (“Board”). Mr. Lewis was initially elected to the Board in 2006 and has continuously served on the Board for the past 14 years.

During. Mr. Lewis’ years of distinguished service the Company successfully (1) acquired Innercool Therapies, secured FDA clearance for the RapidBlue™ endovascular therapeutic hypothermia system, built a 30,000 square foot cGMP manufacturing facility in San Diego, before selling the business to Royal Philips, the Dutch conglomerate, (2) initiated clinical studies and secured FDA 510(k) clearance for the Excellagen® advanced dermal matrix, which was subsequently sold to Olaragen Therapeutix, and (3) acquired the Generx® [Ad5FGF-4] angiogenic gene therapy product candidate from Schering AG (now Bayer AG) for the treatment of patients with myocardial ischemia and refractory angina, which has received FDA-clearance and Fast-Track designation to advance forward into a new U.S.-based Phase 3 clinical study.

Item 9.01. Financial Statements and Exhibits.

Exhibit No.	Description of Exhibit
99.1	Press Release: Gene Biotherapeutics Announces Director Retirement Following a Decade of Distinguished Service

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Gene Biotherapeutics, Inc.
By:	/s/ Christopher J. Reinhard
	Christopher J. Reinhard
	Chief Executive Officer

Date: March 20, 2019

EX-99.1

Exhibit 99.1

Press / Investor Contact:

Gene Biotherapeutics Inc.

Tel: (858) 414.1477

Email: creinhard@angionetics.com

GENE BIOTHERAPEUTICS ANNOUNCES DIRECTOR RETIREMENT

FOLLOWING A DECADE OF DISTINGUISHED SERVICE

SAN DIEGO, CA – March 20, 2019 – Gene Biotherapeutics Inc. (formerly Taxus Cardium Pharmaceuticals Group Inc./trading symbol: CRXM) today announced that Gerald J. Lewis (age 85) has retired as a Director of the Company’s Board of Directors after more 14 years of service. “We all thank Mr. Lewis for his long service and many contributions to the development of our Company and wish him well,” said Mr. Christopher Reinhard, Chairman of the Board of Directors.

Mr. Reinhard noted that during Mr. Lewis’ years of distinguished service the Company successfully (1) acquired Innercool Therapies, secured FDA clearance for the RapidBlue™ endovascular therapeutic hypothermia system, built a 30,000 square foot cGMP manufacturing facility in San Diego, before selling the business to Royal Philips, the Dutch conglomerate; (2) initiated clinical studies and secured an important U.S. patent and FDA 510(k) clearance for the Excellagen® advanced dermal matrix, which was subsequently sold to Olaragen Therapeutix; and (3) acquired the Generx™ [Ad5FGF-4] angiogenic gene therapy product candidate from Schering AG (now Bayer AG) for the treatment of patients with myocardial ischemia and refractory angina, which has received FDA-clearance and Fast-Track designation to advance forward into a new U.S.-based Phase 3 clinical study.

Gene Biotherapeutics Inc.

Gene Biotherapeutics (formerly Taxus Cardium Pharmaceuticals Group Inc.) is an operating company that will maintain royalty and cash entitlement rights and direct equity investments and redeploy cash payments and capital gains from the sale of portfolio investments to acquire and commercially develop new and innovative gene-based therapeutics. Its business portfolio currently consists of (1) Activation Therapeutics which is entitled to royalties received from the previously announced transaction with Olaregen Therapeutix, and the revenues and cash payments that may result from the successful commercialization of Excellagen in Eurasian countries, and (2) Angionetics, a majority-owned business unit focused on the clinical advancement and commercialization of Generx®, an interventional cardiology, angiogenic gene therapy Phase 3 product candidate designed for the potential treatment of patients with refractory angina due to advanced coronary artery disease. The Company has indicated that it plans to externally finance the further clinical development and commercialization of Generx, which could include an initial public offering.