October 30, 2020

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Compass Therapeutics, Inc. Provides Corporate Update | Business & Finance

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CAMBRIDGE, Mass.–(BUSINESS WIRE)–Sep 15, 2020– Compass Therapeutics, Inc., a clinical-phase biotechnology company building proprietary antibody...

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Sep 15, 2020–

Compass Therapeutics, Inc., a clinical-phase biotechnology company building proprietary antibody therapeutics meant to interact the immune technique to take care of equally strong tumors and hematological malignancies, now declared the advertising of Vered Bisker-Leib, PhD, MBA to President, in addition to her latest place as Main Functioning Officer, and the appointment of Brett Kaplan, MD to its Board of Administrators and as the Chair of the Audit Committee.

“Vered is a strategic and outcomes-oriented chief who has been instrumental in leading Compass through a period of time of fast adjust, which incorporated the accomplishment of crucial corporate milestones,” explained Thomas Schuetz, MD, PhD, Co-Founder and Chief Government Officer at Compass Therapeutics, Inc. “Today’s announcement demonstrates the evolution in our management construction which will empower us to continue to execute on our mission to progress our innovative therapeutic candidates to patients in need.”

Pertaining to Dr. Kaplan, Carl Gordon, Chair of the of Compass Board, explained, “Brett is a significant addition to our Board as we proceed to expand Compass as a general public organization. Based mostly on his leadership as the Main Money Officer of Prevail Therapeutics and as Managing Director at Evercore, Brett will give a worthwhile monetary standpoint and knowledge not only as a board member but also as the Chair of the Audit Committee.”

“I am honored to be a part of Compass’ Board of Directors at these an fascinating and transitional time for the company” stated Dr. Kaplan. “Compass’ pipeline delivers differentiated product or service candidates that might ultimately come to be critical immuno-oncology therapies, and I search forward to doing work with the firm to progress its formidable targets.”

Dr. Bisker-Leib joined Compass in 2017 bringing 17 a long time of company growth, strategy, fund increasing, licensing and M&A transaction working experience as a result of her do the job at top rated tier pharmaceutical and biotech organizations. In her new role, Vered will keep on to oversee the company’s strategy, finance, business development, lawful affairs, operations, and conversation. Prior to Compass, Vered recommended Atlas Venture portfolio corporations and served as the Chief Business Officer of Cydan the place she co-started companies that are centered on advancing therapies for uncommon conditions. Before in her profession, Vered was a member of Bristol-Myers Squibb’s strategic transactions team where by she assumed roles of raising responsibility across 5 therapeutic areas, most just lately as an Government Director and World-wide Head of Business Development for the Cardiovascular and Metabolic franchises. She retains a PhD in Chemical Engineering and an MBA from the College of Massachusetts, Amherst, the place she was a Lois Pope Scholar.

Brett Kaplan, MD is the Chief Money Officer of Prevail Therapeutics, Inc., a clinical-stage gene remedy biotechnology corporation centered on neurodegenerative issues. Dr. Kaplan joined Prevail in 2018, which has raised $175 million in equity financing, which include in its $125 million IPO. From August 2010 to November 2018, Dr. Kaplan worked at Evercore, an expenditure financial institution, in which he most not long ago served as Handling Director. At Evercore, he was included in various strategic and financing transactions, like advising Bristol-Myers Squibb on its acquisitions of Celgene and Amylin Takeda on its acquisitions of Shire and Ariad and Akebia on its merger with Keryx. Prior to Evercore, Dr. Kaplan was an Fairness Research Analyst at Cowen and Enterprise, an investment decision lender, from 2007 to 2010. Previously, Dr. Kaplan served as Director of Corporate Development at Cubist Prescribed drugs, a pharmaceutical company obtained by Merck & Co., Inc. in 2014 Manager of Strategic Professional medical Marketing at Biopure Company and Supervisor of Corporate Advancement and Technique at Eli Lilly and Organization. Dr. Kaplan been given an MBBCh and an MBA from the University of Witwatersrand.

About Compass Therapeutics

Compass Therapeutics is a medical-stage biopharmaceutical enterprise acquiring proprietary antibody therapeutics supposed to engage the immune system to handle the two good tumors and hematologic malignancies. Compass is leveraging its proprietary StitchMabs™ and popular gentle-chain based multispecific platforms to empirically recognize multispecifics and mixtures of antibody therapeutics that synergistically modulate vital nodes in the immune technique. The company’s direct solution applicant, CTX-471, is a fully human agonistic antibody of CD137, and is at present currently being evaluated in a Section 1 analyze in clients who were earlier handled with PD-1/PD-L1 checkpoint inhibitors and who subsequently relapsed or progressed after a interval of secure disorder. Compass is also progressing several preclinical belongings together with a novel course of NK cell engaging bispecifics focusing on NKp30 and numerous bispecific checkpoint programs. The company’s workplaces and labs are dependent in Kendall Square in Cambridge, Mass.

Ahead-Looking Statements

This push launch incorporates ahead-seeking statements. Statements in this press release that are not purely historical are ahead-seeking statements. These forward-searching statements consist of, between other points, references to our products candidates and the growth and therapeutic probable thereof, our systems for figuring out additional products candidates, and our business and improvement options. Precise success could differ from those projected in any ahead-hunting statements owing to a lot of aspects. This kind of things include, among others, our skill to raise the additional funding we will will need to keep on to go after our business and product or service enhancement plans, the inherent uncertainties involved with developing item candidates and operating as a growth stage organization, our potential to detect further item candidates for advancement, our capability to build, full clinical trials for, get hold of approvals for and commercialize any of our product or service candidates, and levels of competition in the sector in which we work and industry ailments. These forward-looking statements are made as of the day of this press launch, and Compass assumes no obligation to update the forward-on the lookout statements, or to update the motives why precise outcomes could differ from all those projected in the ahead-on the lookout statements, besides as necessary by legislation. Buyers must seek the advice of all of the facts set forth herein and need to also refer to the chance element disclosure set forth in the reports and other paperwork we file with the SEC readily available at www.sec.gov, such as without the need of limitation our Form 10-Q for the quarter ended June 30, 2020, and our subsequent filings with the SEC.

Get hold of: Compass Therapeutics, Inc.

Samuel Perry, Sr. Director, Operations

Key phrase: MASSACHUSETTS UNITED STATES NORTH The us

Sector Search phrase: BIOTECHNOLOGY PHARMACEUTICAL Well being ONCOLOGY

Resource: Compass Therapeutics, Inc.

Copyright Business Wire 2020.

PUB: 09/15/2020 05:08 PM/DISC: 09/15/2020 05:08 PM

Copyright Business Wire 2020.

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