AnaptysBio Announces Appointment of Oleg Nodelman to Board of Directors
AnaptysBio, a clinical-stage biotechnology company, has appointed Oleg Nodelman to its Board of Directors. Nodelman, recognized for his expertise in biotechnology development and financing, is expected to contribute significantly to the company’s antibody discovery and development efforts. AnaptysBio specializes in first-in-class antibody product candidates addressing inflammation and immuno-oncology conditions. The company has advanced eight novel therapeutics into clinical development, leveraging its proprietary somatic hypermutation platform.
- Appointment of Oleg Nodelman to the Board may bring valuable insights and experience in biotechnology.
- Nodelman's background as a company builder is expected to enhance AnaptysBio's capital-efficient business model.
- Concerns regarding potential continuity and experience gaps due to the new board member's integration.
SAN DIEGO, April 12, 2021 (GLOBE NEWSWIRE) -- AnaptysBio, Inc. (Nasdaq: ANAB), a clinical-stage biotechnology company developing first-in-class antibody product candidates focused on emerging immune control mechanisms applicable to inflammation and immuno-oncology indications, today announced the appointment of Oleg Nodelman to the company’s Board of Directors.
“Oleg is an experienced biotechnology company builder with deep insight in the development and financing of novel therapies,” said Hamza Suria, president and chief executive officer of AnaptysBio. “We welcome Oleg to our Board of Directors and look forward to his contributions to AnaptysBio’s capital-efficient antibody discovery and development business model.”
“AnaptysBio has an impressive antibody development heritage that has led to the advancement of eight internally-generated novel therapeutics into clinical development,” commented Mr. Nodelman. “I look forward to working with the company’s Board and management team to advance AnaptysBio’s first-in-class wholly-owned antibody pipeline for inflammatory and immuno-oncology applications.”
About AnaptysBio
AnaptysBio is a clinical-stage biotechnology company developing first-in-class antibody product candidates focused on emerging immune control mechanisms applicable to inflammation and immuno-oncology indications. The Company’s proprietary anti-inflammatory pipeline includes its anti-IL-36R antibody imsidolimab, previously referred to as ANB019, for the treatment of rare inflammatory diseases, including generalized pustular psoriasis, or GPP, EGFRi skin toxicity, ichthyosis, hidradenitis suppurativa and acne; its anti-PD-1 agonist program, ANB030, for treatment of certain autoimmune diseases where immune checkpoint receptors are insufficiently activated; and its BTLA modulator program, ANB032, which is broadly applicable to human inflammatory diseases associated with lymphoid and myeloid immune cell dysregulation. AnaptysBio’s antibody pipeline has been developed using its proprietary somatic hypermutation, or SHM platform, which uses in vitro SHM for antibody discovery and is designed to replicate key features of the human immune system to overcome the limitations of competing antibody discovery technologies. AnaptysBio has also developed multiple therapeutic antibodies in an immuno-oncology collaboration with GlaxoSmithKline, including an anti-PD-1 antagonist antibody (dostarlimab GSK4057190A), an anti-TIM-3 antagonist antibody (cobolimab, GSK4069889A) and an anti-LAG-3 antagonist antibody (GSK4074386), and an inflammation collaboration with Bristol-Myers Squibb, including an anti-PD-1 checkpoint agonist antibody (CC-90006) currently in clinical development.
Contacts:
Dennis Mulroy
AnaptysBio, Inc.
858.732.0201
dmulroy@anaptysbio.com
FAQ
Who is Oleg Nodelman and what role will he play at AnaptysBio?
What does AnaptysBio focus on?
How many therapeutics has AnaptysBio advanced into clinical development?
What is the significance of the somatic hypermutation platform for AnaptysBio?
