– USA, MA – Cyteir Therapeutics, Inc. (Nasdaq: CYT), a company focused on the discovery and development of next-generation synthetically lethal therapies for cancer, today announced the appointment of Stephen Sands to its Board of Directors, effective as of February 22, 2022, increasing the Board size to ten members
“I am excited to have Stephen join Cyteir’s board and be able to leverage his strategic and financial expertise in helping our company grow. We look forward to his insights as we continue to build and expand our corporate strategy to advance our portfolio. On behalf of our entire board, we are excited to welcome Stephen and look forward to his contributions,” said CEO, Dr. Markus Renschler.
Mr. Sands will also join the Audit Committee.
About Stephen Sands
Mr. Sands is currently the Vice-Chairman of Investment Banking and Chairman of the Global Healthcare Group at Lazard and brings over 25-years of experience providing strategic and financial advice to senior executives and boards of directors at leading healthcare and life sciences companies globally to the organization.
Before joining Lazard, Mr. Sands was a partner in the healthcare practice of McKinsey & Company. During his career, he has co-founded two life sciences companies: Enzytech (acquired by Alkermes) and Opta Food Ingredients (acquired by Stake Technology). Mr. Sands also serves as a director on the board of Cytosite Biopharma Inc. Mr. Sands is a member of the Washington University (St. Louis) School of Engineering & Applied Science National Counsel, and a trustee, member of the executive committee, and co-chair of the nominating and governance committee of the New York Hall of Science. He earned a Bachelor of Arts in biology from Oberlin College, a Bachelor of Science and Master of Science in chemical engineering from Washington University in St. Louis, and a Master of Business Administration with a concentration in finance from New York University.
“I am excited to be joining the board of Cyteir Therapeutics as the company advances CYT-0851 and continues to expand the portfolio. CYT-0851 has the potential to become an important therapeutic option for oncology patients,” said Mr. Sands. “I look forward to working with the management team and other members of the board to help execute Cyteir’s strategy.”
About Cyteir Therapeutics, Inc.
Cyteir is a clinical-stage oncology company that is focused on the discovery and development of next-generation synthetically lethal therapies to treat cancer. The company is using its expertise in DNA damage response biology to advance a pipeline of novel drug candidates that selectively target key cancer vulnerabilities. Cyteir’s wholly-owned lead compound, CYT-0851, is a potent and selective, oral investigational drug that was designed to inhibit RAD51-mediated homologous recombination and the repair of double-strand DNA breaks.
For more information: https://cyteir.com/
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