– USA, MA – CoLucid Pharmaceuticals, Inc. (NASDAQ:CLCD), a Phase 3 clinical-stage biopharmaceutical company that is developing its lead product candidate, lasmiditan, for the acute treatment of migraine headaches in adults, announced today that Alison Lawton, has been elected by the Board of Directors to serve as a director. Ms. Lawton will serve as a class I director of the Company with a term expiring at the annual meeting of stockholders to be held in 2016. In addition, Ms. Lawton has been appointed to the Company’s Audit Committee. CoLucid’s Board remains at seven directors, six of whom are independent.
Alison Lawton is currently the Chief Operating Officer at Aura Biosciences and prior to this was COO of OvaScience, Inc. Previously she was with Genzyme Corp. for 21 years where she had a number of roles including Senior Vice President and General Manager of the Sanofi Biosurgery Business Unit, Global Head of Market Access at Genzyme which included Regulatory Affairs, Global Health Outcomes and Strategic Pricing, Global Public Policy, and Global Product Safety & Risk Management. Ms. Lawton spent eight years in the United Kingdom at Parke-Davis, and is past President and Chair of the Board of Regulatory Affairs Professional Society. Ms. Lawton serves on the board of ProQR Therapeutics, Verastem Inc. and was previously a director of Cubist Pharmaceuticals until its acquisition by Merck &Co., Inc. in 2015.
“Alison brings tremendous strategic and operating experience to our board,” said Art Pappas, Chairman of the Board of Directors. “Alison’s long track record of success leading complex regulatory agency interactions and product approvals will serve CoLucid well as we advance lasmiditan through our Phase 3 clinical program towards a New Drug Application.”
“I am very excited to be joining the CoLucid board to support the Company’s efforts to advance lasmiditan towards commercialization,” said Mrs. Lawton. “Given the high prevalence of cardiovascular comorbidities and risk in migraine patients, lasmiditan’s unique mechanism of action has the potential to offer a new therapy for the patients diagnosed with migraine who cannot take existing therapies due to their cardiovascular status.”
About CoLucid Pharmaceuticals, Inc.
CoLucid Pharmaceuticals, Inc. (NASDAQ:CLCD),is developing oral lasmiditan for the acute treatment of migraine in adults and intravenous lasmiditan for the acute treatment of headache pain associated with migraine in adults in emergency room and other urgent care settings.
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