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Brooklyn ImmunoTherapeutics Welcomes Jay Sial as Chief Administrative Officer

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Brooklyn ImmunoTherapeutics (NYSE American: BTX) has appointed Jay Sial as its Chief Administrative Officer, effective July 15, 2021. With extensive experience in financial management across various health systems, Sial aims to leverage his expertise to advance the company's mission in cytokine and gene editing therapies for cancer and blood disorders. The company is currently studying the efficacy of its lead program IRX-2 in head and neck cancer, which has shown positive survival benefits in a Phase 2A trial.

Positive
  • Jay Sial's appointment brings significant financial expertise from his previous roles in healthcare organizations.
  • IRX-2 has demonstrated an overall survival benefit in head and neck cancer clinical trials.
Negative
  • None.

NEW YORK, July 13, 2021 (GLOBE NEWSWIRE) -- Brooklyn ImmunoTherapeutics, Inc. (NYSE American: BTX) (“Brooklyn”), a biopharmaceutical company focused on exploring the role that cytokine and gene editing/cell therapy can have in treating patients with cancer, blood disorders, and monogenic diseases, today announced the appointment of Jay Sial as its Chief Administrative Officer, effective July 15, 2021.

“Jay has a long and impressive history managing the finances of multiple health systems and hospitals and leading the financial transformation of complex organizations through prudent management and strategic activities, including fundraising, business development and facilities management. We are truly fortunate to have him join the team at Brooklyn ImmunoTherapeutics,” commented Howard J. Federoff, M.D., Ph.D., Brooklyn’s Chief Executive Officer and President.

“I am honored to be joining Brooklyn Immunotherapeutics which is using cutting edge mRNA based gene editing and cellular reprogramming tools and look forward to helping the team bring these therapies to cancer patients,” said Mr. Sial regarding his new role with Brooklyn.

Prior to joining Brooklyn, Mr. Sial served as Chief Financial Officer at Aspen Neurosciences, a privately-held emerging biotechnology company. Before that he served as Chief Financial Officer at multiple complex organizations, including University of California Irvine Health, Trinity Health/Loyola University Health System and University of Kentucky Healthcare. He also served in key financial and management roles at Thomas Jefferson University Hospital and FHP, Inc., a health maintenance organization (HMO) based in Fountain Valley, California. He holds a Master’s of Business Administration (Finance) from Virginia Tech and a Bachelor of Arts degree in Economics and Accounting from University of Delhi, India.

About Brooklyn ImmunoTherapeutics
Brooklyn is focused on exploring the role that cytokine-based therapy can have in treating patients with cancer, both as a single agent and in combination with other anti-cancer therapies. The company is also exploring opportunities to advance therapies using leading edge gene editing/cell therapy technology through its option agreement with Factor Bioscience/Novellus Therapeutics.

Brooklyn’s most advanced program is studying the safety and efficacy of IRX-2 in patients with head and neck cancer. In a Phase 2A clinical trial in head and neck cancer, IRX-2 demonstrated an overall survival benefit. Additional studies are either underway or planned in other solid tumor cancer indications.

For more information about Brooklyn and its clinical programs, please visit www.BrooklynITx.com.

Investor Relations Contact:
CORE IR
516-222-2560
investors@brooklynitx.com

Media Contact:
Jules Abraham
CORE IR
917-885-7378
julesa@coreir.com


FAQ

What role has Jay Sial been appointed to at Brooklyn ImmunoTherapeutics?

Jay Sial has been appointed as Chief Administrative Officer, effective July 15, 2021.

What is Brooklyn ImmunoTherapeutics focused on?

Brooklyn ImmunoTherapeutics focuses on cytokine and gene editing therapies for cancer, blood disorders, and monogenic diseases.

What is the significance of the IRX-2 program for Brooklyn ImmunoTherapeutics?

The IRX-2 program is significant as it has shown an overall survival benefit in Phase 2A clinical trials for head and neck cancer.

What experience does Jay Sial bring to Brooklyn ImmunoTherapeutics?

Jay Sial brings extensive experience in financial management from various health systems and biotechnology companies.

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