H-CYTE appoints Board member Michael Yurkowsky as CEO

– USA, FL –  H-CYTE, Inc. (OTC: HCYT), a medical biosciences company focused on the field of regenerative medicine, today announced the appointment of Board member Michael Yurkowsky as CEO, effective immediately.

“I look forward to working with Michael in his new role,” said Board Chairman, Ray Monteleone.

About Michael Yurkowsky

Michael Yurkowsky brings more than 25 years of experience in financial services to H-CYTE. He currently has served on the Company’s board of directors since 2019.

He also serves as President and Chairman of Deverra Therapeutics, a clinical stage biotech developing allogeneic cell therapies. Through his family office, YP Holdings, Mr. Yurkowsky has invested in over 50 public and private companies in the Life Sciences sector. Throughout his career, Mr. Yurkowsky has served on multiple public and private boards and has been involved in several M&A transactions.

Michael Yurkowsky commented, “I’m looking forward to assuming the CEO role at H-CYTE. I believe that my long time participation on the board and my financial industry experience makes me ideally suited to lead the company going forward. I intend to focus on increasing shareholder value by reducing our cash burn and also broadening our product portfolio. Part of this strategy will involve an aggressive M&A strategy, where we intend to acquire targeted assets whose value can be unlocked inside of our public platform.”

About H-CYTE, Inc.

H-CYTE is a medical biosciences company focused in the field of regenerative medicine. H-CYTE’s mission is to become a leader in next-generation, cellular therapeutics for the treatment of chronic health conditions, with the ultimate goal of improving patient lives.

For more information : https://www.hcyte.com/

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Talent4Boards Team