Arrowhead Pharmaceuticals appoints Dr Marianne De Backer to its Board as Independent Director

– USA, CA –  Arrowhead Pharmaceuticals Inc. (NASDAQ: ARWR) today announced that the board of directors appointed veteran pharmaceutical industry executive Marianne De Backer, Ph.D., as an independent director of the company, with a term beginning effective immediately.

“Marianne is a seasoned pharmaceutical executive, with a stellar track record showing deep scientific expertise and solid commercial acumen across the globe. The perspective she brings as an executive at Bayer and Johnson & Johnson will be valuable to Arrowhead as the company continues to grow,” said Dr Douglass Given, Chairman of the Board.

About Marianne De Backer

Marianne De Backer is currently Executive Vice President, Head of Global Business Development & Licensing, and a member of the Executive Committee of the Pharmaceuticals Division of Bayer AG. Before joining Bayer, Dr. De Backer held a series of positions in the Johnson & Johnson family of companies. She started as a scientist and scientific group leader during which time her work resulted in multiple patents. She progressed through commercial positions internationally including leading a sales and marketing business unit responsible for several product lines, culminating as Vice President, M&A Operations, Divestitures, and Janssen Business Development. During her tenure with Johnson & Johnson, Dr. De Backer had direct accountability for over 200 strategic alliances.

“I’m excited to join the Board of Arrowhead Pharmaceuticals,” said De Backer. “I have long admired Arrowhead’s proven ability to advance science at a rapid pace toward solving genuine unmet medical needs. I look forward to helping guide the company along that path.”

Dr. De Backer received an MSc in Molecular Biology from the University of Brussels, Belgium, a Masters in Engineering and Biochemistry and a PhD in Biotechnology from the University of Ghent, Belgium, and an MBA from Rotterdam School of Management, Erasmus University, The Netherlands.

About Arrowhead Pharmaceuticals

Arrowhead Pharmaceuticals develops medicines that treat intractable diseases by silencing the genes that cause them. Using a broad portfolio of RNA chemistries and efficient modes of delivery, Arrowhead therapies trigger the RNA interference mechanism to induce rapid, deep, and durable knockdown of target genes. RNA interference, or RNAi, is a mechanism present in living cells that inhibits the expression of a specific gene, thereby affecting the production of a specific protein. Arrowhead’s RNAi-based therapeutics leverage this natural pathway of gene silencing.

For more information, please visit www.arrowheadpharma.com

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