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Assembly Biosciences CEO Dr. John McHutchison Named Recipient of the Prestigious Advance 2020 Global Impact Award

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Assembly Biosciences (Nasdaq: ASMB) announced that Dr. John McHutchison has received the Advance 2020 Global Impact award for his significant contributions to curative therapies for hepatitis C virus (HCV). His dedication over 30 years has led to innovations now aimed at treating hepatitis B virus (HBV), affecting around 250 million people worldwide. Dr. McHutchison expressed his honor in receiving the award, emphasizing the need for better outcomes for HBV patients. The Advance Awards recognize global Australians contributing to diverse fields, including healthcare and technology.

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  • Dr. McHutchison's recognition may enhance the company's reputation and credibility in the biotechnology field.
  • The focus on developing potent oral core inhibitors for HBV could lead to significant advancements in treatment options.
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Dr. McHutchison Recognized for Critical Achievements in Developing Curative Treatments for Chronic Hepatitis

SOUTH SAN FRANCISCO, Calif., Oct. 15, 2020 (GLOBE NEWSWIRE) -- Assembly Biosciences, Inc. (Nasdaq: ASMB), a clinical-stage biotechnology company developing innovative therapeutics targeting hepatitis B virus (HBV) and diseases associated with the microbiome, today announced that John McHutchison AO, MD – the company’s CEO and president– was named the recipient of the Advance 2020 Global Impact award. The Advance awards recognize the work of remarkable global Australians making an extraordinary impact worldwide.

The award honors Dr. McHutchison’s innovative work in developing life-changing and curative therapies for patients with hepatitis C virus (HCV). These treatments are in part a result of his 30-year personal investment researching and developing therapeutics for this previously incurable disease. Now at the helm of Assembly Biosciences, Dr. McHutchison is dedicated to pioneering a new class of therapeutics for HBV, which impacts approximately 250 million people globally.

“It is a great honor to be named a winner of this highly prestigious award,” said Dr. McHutchison. “There are a quarter of a billion people worldwide who are chronically infected with HBV and deserve better outcomes, as have now been delivered for people with HCV infection. Having my contributions to the HCV field recognized by the Advance awards commission is truly inspiring and reinforces my commitment and confidence that we can achieve a future with curative treatment regimens for patients with HBV infection.”

In its ninth year, the Advance Awards celebrates Australian global leaders that represent an extraordinary group of talented innovators who have demonstrated excellence in their respective fields on the global stage, ranging from technology innovation, financial services and healthcare, to social impact, sustainability, and the arts. The Awards are the only of their kind that recognize the contributions of the one million Australians living abroad.

The full list of Advance 2020 award recipients is available at www.advance.org/advance-awards. More information about Assembly Biosciences is available at www.assemblybio.com.

About Assembly Biosciences
Assembly Biosciences, Inc. is a clinical-stage biotechnology company developing innovative therapeutics targeting hepatitis B virus (HBV) and diseases associated with the microbiome. The HBV program is focused on advancing a new class of potent, oral core inhibitors that have the potential to increase cure rates for chronically infected patients. The microbiome program is developing novel oral live microbial biotherapeutic candidates with Assembly’s fully integrated platform, including a robust process for strain identification and selection, GMP manufacturing expertise and targeted delivery to the lower gastrointestinal tract with the GEMICEL® technology For more information, visit assemblybio.com.

 

FAQ

What award did Dr. McHutchison of Assembly Biosciences receive?

Dr. McHutchison received the Advance 2020 Global Impact award for his work in developing therapies for hepatitis C and now for hepatitis B.

How many people are affected by HBV worldwide?

Approximately 250 million people are chronically infected with hepatitis B virus (HBV) globally.

What is Assembly Biosciences focusing on in their HBV program?

Assembly Biosciences is developing a new class of potent oral core inhibitors aimed at increasing cure rates for HBV patients.

Who is the CEO of Assembly Biosciences?

The CEO of Assembly Biosciences is Dr. John McHutchison.

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