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Arvinas Appoints Paul McInulty as Senior Vice President, Regulatory Affairs

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Arvinas, Inc. (Nasdaq: ARVN) announced the appointment of Paul McInulty as Senior Vice President of Regulatory Affairs, effective October 3, 2022. McInulty brings over 25 years of biopharmaceutical experience, having previously held key roles at Bristol Myers Squibb and Celgene Corporation. His expertise will support Arvinas' transition into a late-stage development company focused on targeted protein degradation therapies. With a robust pipeline, including investigational programs for metastatic prostate and breast cancer, Arvinas aims to leverage McInulty’s experience to enhance regulatory strategies and overall growth trajectory.

Positive
  • Appointment of Paul McInulty as Senior Vice President of Regulatory Affairs expected to strengthen regulatory strategies.
  • McInulty's 25+ years of experience in biopharmaceuticals may enhance Arvinas' growth as a late-stage development company.
  • Continued focus on targeted protein degradation therapies has the potential to yield significant market advantages.
Negative
  • Transitioning into a late-stage development company poses risks related to regulatory approvals and clinical trial timelines.

NEW HAVEN, Conn., Oct. 03, 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 Paul McInulty has joined the company as Senior Vice President, Regulatory Affairs.

“We are delighted to welcome Paul to our leadership team in this crucial role as we enter the next phase of Arvinas – a late-stage development company,” said John Houston, Ph.D., Arvinas President and Chief Executive Officer. “Paul’s vast experience leading global and regional development programs from discovery through commercialization in a wide range of therapeutic areas and modalities will be very valuable as Arvinas continues on an incredible growth trajectory.”

Mr. McInulty brings more than 25 years of biopharmaceutical experience to Arvinas. He recently served as Vice President, Therapeutic Head, Hematology and Precision Medicines Regulatory Affairs at Bristol Myers Squibb and spent just over 15 years at Celgene Corporation in various roles of increasing responsibility including serving as Vice President, Regulatory Affairs, Hematology and Oncology.

“I am excited to join Arvinas and to be part of the company that is truly leading the way in the targeted protein degradation industry through its validated PROTAC® protein degradation platform,” said Mr. McInulty. “As Arvinas transitions into a late-stage development company, I look forward to supporting the organization on this journey and the opportunity to contribute my experience in leading global regulatory strategies.”

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.

Forward-Looking Statements
This press release contains forward-looking statements that involve substantial risks and uncertainties, including statements regarding the potential advantages and therapeutic benefits of our product candidates, the future development and potential marketing approval and commercialization of our product candidates, including the initiation of and timing of data from our clinical trials. All statements, other than statements of historical facts, contained in this press release, including statements regarding our strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “target,” “potential,” “will,” “would,” “could,” “should,” “continue,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words.

We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements we make as a result of various risks and uncertainties, including but not limited to:, whether we will be able to successfully conduct and complete clinical development of our product candidates, including whether we initiate and receive results from our clinical trials on our expected timelines or at all, obtain marketing approval for and commercialize our product candidates on our current timelines or at all and other important factors discussed in the “Risk Factors” sections contained in our quarterly and annual reports on file with the Securities and Exchange Commission. The forward-looking statements contained in this press release reflect our current views with respect to future events, and we assume no obligation to update any forward-looking statements except as required by applicable law. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this release.

Contacts
Investors:
Jeff Boyle
347-247-5089
Jeff.Boyle@arvinas.com

Media:
Kirsten Owens
203-584-0307
Kirsten.Owens@arvinas.com


FAQ

Who is Paul McInulty and what is his role at Arvinas?

Paul McInulty has been appointed as Senior Vice President of Regulatory Affairs at Arvinas, bringing over 25 years of biopharmaceutical experience.

What impact will Paul McInulty's appointment have on Arvinas?

His extensive experience in regulatory affairs is expected to enhance Arvinas' growth and support its transition to a late-stage development company.

What are the main products Arvinas is focusing on?

Arvinas is developing therapies targeting metastatic castration-resistant prostate cancer and locally advanced or metastatic ER+/HER2- breast cancer.

What challenges does Arvinas face with its late-stage development?

Key challenges include successfully conducting clinical trials and obtaining regulatory approvals within expected timelines.

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Biotechnology
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United States of America
NEW HAVEN