– UK, London – Tiziana Life Sciences plc (AIM: TILS), a clinical stage biotechnology company developing targeted drugs for cancer and autoimmune diseases, today announces that Leopoldo Zambeletti has agreed to join the Board as a non-executive director with responsibility for strategic development. Mr Zambeletti will also chair the Nomination Committee.
During a 19 year career as an investment banker, Mr Zambeletti led the European Healthcare Investment Banking team at J.P. Morgan for eight years before taking up the same position at Credit Suisse for a further five years. Since 2013 he has been an independent strategic advisor to life science companies on merger and acquisitions, out-licensing deals and financing strategy. He is a non-executive director of, Qardio Inc., Summit Therapeutics plc, Nogra Pharma Limited, Faron Pharmaceuticals OY and DS Biopharma Limited. Mr. Zambeletti started his career at KPMG as an auditor. Mr. Zambeletti received a B.A. in Business from Bocconi University in Milan, Italy. He serves as a trustee to Barts and the London Charity, which helps to fund the hospitals of the Barts NHS Trust including St Bartholomew, the Royal London and the London Chest Hospitals. He is the founder of the cultural initiative 5×5 Italy.
Gabriele Cerrone, Chairman and founder commented: “The Company is now at a stage where we are moving into the clinic and hoping to rapidly advance several programs; we have achieved this with a very small permanent staff and as we advance operationally we will need to create a clear order of priorities, make additional hires and refine our operational strategy.
Leopoldo has agreed to join us to help with the next stage of our development and I believe that his track-record and affiliations speak for themselves, not least his directorship with Advanced Accelerator Application SA (NASDAQ: AAAP), which was recently sold to Novartis for US$3.9 billion, and his having advised on the largest licencing deal at the time between Nogra Pharma Limited and Celgene. In my opinion we could not have found an individual better placed to refine and direct strategic development for the Company and I am delighted that he has agreed to join us on our journey into the next, fundamental and critical stage of the life of the Company.
I also welcome the opportunity that this strong addition to our non-executive team brings to refine our corporate governance model and achieve full separation of our executive and non-executive teams.”
Tiziana is a UK biotechnology company that focuses on the discovery and development of novel molecules that treat human disease in oncology and immunology. The Company is focused on its lead compound milciclib. The Company is also in clinical development of foralumab. Foralumab is the only fully human engineered human anti-CD3 antibody in clinical development. This phase II compound has potential application in a wide range of autoimmune and inflammatory diseases, such as nonalcoholic steatohepatitis (NASH), primary biliary cholangitis (PBS), ulcerative colitis, multiple sclerosis, type-1 diabetes (T1D), inflammatory bowel disease (IBD), psoriasis and rheumatoid arthritis, where modulation of a T-cell response is desirable.
For more information : https://www.tizianalifesciences.com
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