Navitor Pharmaceuticals welcomes David Madden to its Board as Independent Director

– USA, MA – Navitor Pharmaceuticals, Inc., a biopharmaceutical company developing novel medicines targeting the activation of mTORC1, today announced that pharmaceutical industry veteran David M. Madden, founder and principal with Narrow River Management, LP and chairman of the board of directors of Dicerna Pharmaceuticals, has joined the Navitor Board of Directors as an independent Director.

Mr. Madden stated “Navitor has assembled an outstanding team, experienced investors, and a strong scientific and proprietary position in a novel area of drug discovery that is ripe for innovation: the modulation of the mTORC1 pathway. This unique combination of capabilities positions Navitor for a promising future growth trajectory and I look forward to contributing to the company’s success.”

David M. Madden has been chairman of the board of directors of Dicerna Pharmaceuticals since 2009. He is a founder and principal with Narrow River Management, LP, an investment management company with a focus on equity investments in, and management of, drug development projects. From 2000 to 2003, David was co-CEO of Royalty Pharma AG. Previously, he was a managing member of Pharmaceutical Partners, LLC, and was president, CEO and a director of Selectide Corporation, a development-stage pharmaceutical company, which was acquired by Marion Merrill Dow in 1995. Additionally, David serves as chairman of the board of Adolor Corporation, and is a member of the board of directors of the Hospital for Special Surgery in New York City. David holds a B.S. in electrical engineering from Union College and an M.B.A. from Columbia University.

“I am honored to welcome David Madden to our Board as an independent Director,” said George P. Vlasuk, PhD, President and Chief Executive Officer of Navitor. “Dave is an extremely skilled life sciences executive with a strong track record of building, financing and leading innovative drug discovery and development companies. Dave’s extensive financial and strategic experience will be of tremendous value as we build the company and advance Navitor’s first product candidates toward the clinic.”

About Navitor

Navitor Pharmaceuticals, Inc., is a biopharmaceutical company developing novel medicines by targeting cellular nutrient signaling pathways. The company’s proprietary drug discovery platform targets mTORC1, which responds to and integrates the cell’s response to nutrient availability and plays a key role in protein synthesis and cellular growth. Navitor’s therapeutics are designed to selectively modulate the cellular signals that are aberrant in disease processes caused by the dysregulation of mTORC1 activation to address a wide range of diseases, including metabolic, neurodegenerative, autoimmune and musculoskeletal diseases, as well as age-related immune suppression and several rare disorders. The company’s founding intellectual property is based on the groundbreaking discoveries related to the mTORC1 pathway and nutrient signaling mechanisms by Dr. David Sabatini at The Whitehead Institute for Biomedical Research. The company is backed by leading financial and corporate investors, including Polaris Partners, Atlas Venture, Johnson & Johnson Innovation – JJDC, SR One and The Longevity Fund.

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