Vitae Pharmaceuticals appoints Dan Junius to the Board of Directors

– USA, PA – Vitae Pharmaceuticals, Inc. (NASDAQ: VTAE), a clinical-stage biotechnology company, today announced the appointment of Daniel M. Junius to its board of directors, effective immediately. Mr. Junius recently retired as President and Chief Executive Officer of ImmunoGen, Inc., a biotechnology company that develops targeted anticancer therapeutics, a position he held since January 2009.

“On behalf of the board of directors, I am pleased to welcome Dan to Vitae. The experience and insights Dan derived while broadening ImmunoGen from a research-focused company to one with strong clinical development and manufacturing capabilities will be valuable to Vitae as we continue advancing our product pipeline,” said Don Hayden, Chairman of Vitae’s board of directors.

Previously, Mr. Junius served as President and Chief Operating Officer and acting Chief Financial Officer of ImmunoGen from July 2008 to December 2008, as Executive Vice President and Chief Financial Officer from 2006 to July 2008, and as Senior Vice President and Chief Financial Officer from 2005 to 2006. He has also served as a director of ImmunoGen since November 2008. In addition, Mr. Junius has been on the board of directors of IDEXX Laboratories, Inc., an animal health diagnostics company, since March 2014, and of GlycoMimetics, Inc., a public development-stage biotechnology company, since March 2016. He is on the audit committees of both companies, and is chair of IDEXX Laboratories’ audit committee. Mr. Junius holds a Bachelor of Arts in political science and philosophy from Boston College and a Masters in Management from Northwestern University’s Kellogg School of Management.

Additionally, Vitae announced that Bryan Roberts, Ph.D. has stepped down from his role on Vitae’s board of directors.

“I would like to thank Bryan for the insights, guidance and unwavering support he provided throughout his tenure on Vitae’s board,” added Mr. Hayden.

About Vitae Pharmaceuticals

Vitae Pharmaceuticals is a clinical-stage biotechnology company developing first-in-class product candidates with potential to transform the treatment paradigm for patients with significant unmet medical needs. Initial indications being pursued include psoriasis, other autoimmune disorders, and atopic dermatitis. Vitae’s lead clinical assets include VTP-43742, an oral RORyt inhibitor currently being studied in patients with moderate to severe psoriasis, and VTP-38543, an LXRβ selective agonist being studied in patients with mild to moderate atopic dermatitis.

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