– UK, London – Mereo BioPharma Group plc (LON:MPH), a clinical stage, UK-based, biopharmaceutical company focused on rare and specialty diseases, announces that Dr. Frank Armstrong has informed the Board of his decision to step down as a non-executive director of the Company, with immediate effect in order to focus on his other board and portfolio positions.
As part of Mereo’s proposed combination with OncoMed Pharmaceuticals announced on 5 December 2018, following completion and subject to the usual regulatory due diligence, current OncoMed directors Michael Wyzga and Dr Deepa Pakianathan will be appointed as independent non-executive directors to Mereo.
Dr. Peter Fellner, Chairman of the Board of Directors said: “On behalf of the Board, I would like to thank Frank for his commitment to Mereo, having served as a founding board director since the Company’s formation in 2015. He has remained an important counsel as Mereo has grown and delivered significant operational success. I, along with rest of the Board, wish him well with his future endeavours”.
Michael Wyzga is currently the President of MSW Consulting Inc. and was formerly President and Chief Executive Officer of Radius Health, Inc. Prior to that he served in various senior management positions at Genzyme Corporation, including as Chief Financial Officer.
Dr Deepa Pakianathan is a Managing Member at Delphi Ventures and serves on the board of directors of Alder Biopharmaceuticals, Inc., Karyopharm Therapeutics, Inc., and Calithera Biosciences, Inc.
About Mereo BioPharma Group plc
Mereo is a biopharmaceutical company focused on the development and commercialisation of innovative therapeutics that aim to improve outcomes for patients with rare diseases. Mereo’s strategy is to selectively acquire product candidates that have already received significant investment from pharmaceutical companies and that have substantial preclinical, clinical and manufacturing data packages. Each of Mereo’s four product candidates has previously generated positive clinical data for Mereo’s target indication or in a related indication. Since inception Mereo has commenced large, randomised, placebo-controlled Phase 2 clinical trials for all four of the product candidates:
For more information : https://www.mereobiopharma.com
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