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ASLAN Pharmaceuticals Appoints Dr Neil Graham as Independent Director

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ASLAN Pharmaceuticals (Nasdaq:ASLN) has appointed Dr. Neil Graham as an independent director, effective February 18, 2021. With over 30 years of experience in immunology and inflammation, Dr. Graham previously served at Regeneron Pharmaceuticals, where he led significant product development efforts. Concurrently, Jun Wu and Kelvin Sun are stepping down from the board due to the end of investment cycles and the company's delisting from the Taipei Exchange. Chairman Andrew Howden expressed confidence that Dr. Graham's expertise will greatly benefit ASLAN as it progresses with key clinical developments.

Positive
  • Appointment of Dr. Neil Graham expected to enhance board expertise in immunology.
  • Dr. Graham's extensive experience in drug development may provide strategic advantages.
Negative
  • Resignation of board members may cause continuity concerns.
  • Departure of significant directors during a pivotal transition period.

SINGAPORE, Feb. 18, 2021 (GLOBE NEWSWIRE) -- ASLAN Pharmaceuticals (Nasdaq:ASLN), a clinical-stage immunology focused biopharmaceutical company developing innovative treatments to transform the lives of patients, today announced the appointment of Neil Graham, MBBS, MD, MPH as an independent director. Dr Graham, an expert in immunology and inflammation, has more than 30 years’ experience in global drug development and commercialisation, traversing early and late-stage clinical trials in dermatology, allergy, rheumatology, virology, and pulmonology. Dr Graham is currently Chief Medical Officer of Tiziana Life Sciences plc (Nasdaq:TLSA, AIM:TILS) and a director of Pharmaxis Ltd.

Dr Graham was previously the VP of Strategic Program Direction, Immunology and Inflammation at Regeneron Pharmaceuticals, Inc., from 2010 to 2020, where he was appointed Global Strategic Program leader for the dupilumab development program from phase 1 through to its commercial launch. Dr Graham also led the product development for KEVZARA (sarilumab), an IL-6R antibody for rheumatoid arthritis, and REGN3500, an anti-IL33 antibody for asthma and COPD.

Jun Wu, representative of Alnair Investment, after serving for eight years, has resigned from the board with effect from February 18, 2021, as the fund is reaching the end of its investment cycle. Kelvin Sun, independent director based in Taiwan, will also be stepping down with effect from February 18, 2021, following the company’s delisting from the Taipei Exchange and shift to the Nasdaq Global Market as the company’s sole listing.

Andrew Howden, Chairman, ASLAN Pharmaceuticals, said, “We are delighted to welcome Dr Graham to ASLAN’s board of directors. His global expertise in immunology and inflammation, and strategic guidance will be of great value to our team as we approach important milestones in the clinical development of ASLAN004 and ASLAN003 this year. On behalf of the board, I would like to extend our appreciation to Jun Wu and Kelvin Sun for their support and guidance to the management team during ASLAN’s growth.”

Media and IR contacts

Emma Thompson
Spurwing Communications
Tel: +65 6751 2021
Email: ASLAN@spurwingcomms.com

Robert Uhl
Westwicke Partners
Tel: +1 858 356 5932
Email: robert.uhl@westwicke.com

About ASLAN Pharmaceuticals
ASLAN Pharmaceuticals (Nasdaq:ASLN) is a clinical-stage immunology focused biopharmaceutical company developing innovative treatments to transform the lives of patients. Led by a senior management team with extensive experience in global development and commercialisation, ASLAN has a clinical portfolio comprised of a first-in-class monoclonal therapy, ASLAN004, that is being developed in atopic dermatitis and other immunology indications, and ASLAN003, which it plans to develop for autoimmune disease. For additional information please visit www.aslanpharma.com.


FAQ

What is the significance of Dr. Neil Graham's appointment at ASLAN Pharmaceuticals?

Dr. Neil Graham's appointment is significant as he brings over 30 years of expertise in immunology and inflammation, crucial for ASLAN's ongoing clinical development projects.

Why are board members Jun Wu and Kelvin Sun resigning from ASLAN Pharmaceuticals?

Jun Wu is resigning as Alnair Investment is concluding its investment cycle, and Kelvin Sun is stepping down following ASLAN's delisting from the Taipei Exchange.

How might Dr. Graham's background benefit ASLAN Pharmaceuticals?

Dr. Graham's extensive experience in global drug development and previous roles at leading pharmaceutical companies may provide ASLAN with valuable strategic insights as it advances its clinical programs.

When did these changes in ASLAN Pharmaceuticals' board occur?

The changes took effect on February 18, 2021, with appointments and resignations announced on the same day.

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