Arvinas Appoints John Northcott as Chief Commercial Officer
Arvinas, Inc. (Nasdaq: ARVN) has appointed John Northcott as the Chief Commercial Officer (CCO), a new role in the company. Northcott brings extensive experience from notable companies like Nektar Therapeutics and Pharmacyclics, where he successfully led product development and commercialization. CEO John Houston expressed confidence that Northcott's expertise will significantly aid in advancing Arvinas' drug pipeline, especially as the company prepares for late-stage development. Arvinas specializes in therapies that target and degrade disease-causing proteins, aiming to improve outcomes in cancer treatments.
- Appointment of John Northcott as CCO expected to enhance leadership.
- Northcott's extensive experience in product development may drive future growth.
- Company's transition to a late-stage development focus could attract investors.
- Concerns regarding continuity and experience gaps due to management change.
NEW HAVEN, Conn., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Arvinas, Inc. (Nasdaq: ARVN), a clinical-stage biotechnology company creating a new class of drugs based on targeted protein degradation, today announced that John Northcott has joined the company in a newly created position of Chief Commercial Officer (CCO).
“John is an excellent addition to the Arvinas leadership team, and I am confident that his experience and impressive product development and commercialization track record will play an important role in Arvinas’ growth as we continue to advance our pipeline and expand our portfolio,” said John Houston, Ph.D., President and Chief Executive Officer at Arvinas. “I am very pleased to welcome John and look forward to working closely with him as an integral part of our leadership team.”
Mr. Northcott brings extensive U.S. and global experience in the development and commercialization of products, most notably including Avastin® and Imbruvica®. He recently served as CCO for Nektar Therapeutics and previously served as CCO for Pharmacyclics, an AbbVie Company, as well as Lexicon Pharmaceuticals. Mr. Northcott has also held commercial leadership positions at companies including Genentech, a member of the Roche Group, Pfizer, Merck, and Pharmacia.
“I am pleased to join Arvinas and excited for the opportunity to be a part of the company that is truly leading the way in the targeted protein degradation industry through its validated PROTAC® protein degrader platform,” said Mr. Northcott. “With Arvinas set to become a late-stage development company by the end of the year, I look forward to bringing my deep experience in pre-launch planning and post-approval commercialization to multiple programs in oncology and neuroscience.”
About Arvinas
Arvinas is a clinical-stage biotechnology company dedicated to improving the lives of patients suffering from debilitating and life-threatening diseases through the discovery, development, and commercialization of therapies that degrade disease-causing proteins. Arvinas uses its proprietary PROTAC® Discovery Engine platform to engineer proteolysis targeting chimeras, or PROTAC® targeted protein degraders, that are designed to harness the body’s own natural protein disposal system to selectively and efficiently degrade and remove disease-causing proteins. In addition to its robust preclinical pipeline of PROTAC® protein degraders against validated and “undruggable” targets, the company has three investigational clinical-stage programs: bavdegalutamide and ARV-766 for the treatment of men with metastatic castration-resistant prostate cancer; and ARV-471 for the treatment of patients with locally advanced or metastatic ER+/HER2- breast cancer. For more information, visit www.arvinas.com.
Contacts
Investors:
Jeff Boyle
347-247-5089
Jeff.Boyle@arvinas.com
Media:
Kirsten Owens
203-584-0307
Kirsten.Owens@arvinas.com
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