Certara Appoints Dr. Carol Gallagher as New Independent Board Member

Rhea-AI Summary

Certara has appointed Carol Gallagher, Pharm.D., to its board of directors, enhancing its governance with her 30+ years of drug development and commercial leadership experience.

Previously a CEO and venture partner, Dr. Gallagher has a notable background in biopharmaceuticals, including her role in developing the cancer drug ZYDELIG. Her experience spans companies like Eli Lilly and Amgen.

Dr. Gallagher's addition is expected to contribute to Certara's mission to accelerate drug development through its biosimulation software, supporting over 1,650 global clients.

Positive

• Appointment of Carol Gallagher is expected to strengthen the board's expertise in biopharmaceutical development.
• Dr. Gallagher's extensive experience can provide valuable insights for Certara's global expansion efforts.
• Her previous success in drug development enhances Certara's credibility in the industry.

Negative

• None.

Dr. Gallagher brings more than 30 years of drug development and commercial leadership experience to her new role

PRINCETON, N.J., June 14, 2021 (GLOBE NEWSWIRE) -- Certara, a global leader in biosimulation, today announced the addition of Carol Gallagher, Pharm.D., to its board of directors. Dr. Gallagher is an experienced biopharmaceutical director and operator and serves as a venture partner at New Enterprise Associates (NEA), a global venture capital firm.

“We are thrilled to welcome Carol as a new independent director to the board. A proven entrepreneur and commercial leader, she brings invaluable perspective to our board as it guides Certara’s continued global expansion and the pursuit of its mission to accelerate drug development.” said Sheri McCoy, chairman of Certara’s board of directors.

Before joining NEA in 2014, Dr. Gallagher was a venture partner at Frazier Healthcare, a private equity and venture capital firm. From 2008 to 2011, she was CEO of Calistoga Pharmaceuticals, which developed the first-in-class therapeutic ZYDELIG for the treatment of certain cancers, now marketed by Gilead. Prior to that, Dr. Gallagher was CEO of Metastatix, and earlier in her career, she held commercial, drug development, and business development roles at large and small biopharmaceutical companies including Eli Lilly, Amgen, Pfizer, Agouron Pharmaceuticals, and IDEC Pharmaceuticals. She earned her Bachelor of Science and Doctor of Pharmacy degrees at the University of Kentucky College of Pharmacy.

“I have been impressed with the suite of solutions Certara provides to large and small biopharmaceutical companies,” noted Dr. Gallagher. “I am excited to join the board and work with the management team as they expand their footprint and provide novel software and services to advance drug development and deliver new medicines to patients.”

Dr. Gallagher currently serves on the boards of Turning Point Therapeutics (TPTX), Atara Biotherapeutics (ATRA), Millendo Therapeutics (MLND), and Frazier Life Sciences Acquisition (FLACU), as well as private companies: Qpex Biopharma, Pionyr Immunotherapeutics, Recludix Pharma, T-Rex Bio, and ChromaCode.

About Certara

Certara accelerates medicines using biosimulation software and technology to transform traditional drug discovery and development. Its clients include more than 1,650 global biopharmaceutical companies, leading academic institutions, and key regulatory agencies across 61 countries.

Investor Relations Contact:

David Deuchler
Gilmartin Group
ir@certara.com

Media Contact:

Ariane Lovell
Finn Partners
ariane.lovell@finnpartners.com

FAQ

What is the significance of Carol Gallagher joining Certara's board?

Carol Gallagher's extensive experience in drug development is expected to enhance Certara's governance and contribute to its global expansion.

What experience does Carol Gallagher bring to Certara?

Dr. Gallagher brings over 30 years of experience in biopharmaceuticals, including her role in developing the cancer drug ZYDELIG and leadership roles at major companies.

When was Carol Gallagher appointed to Certara's board?

Carol Gallagher was appointed to the board of Certara on June 14, 2021.

What impact will Carol Gallagher's appointment have on Certara's operations?

Her appointment is expected to enhance Certara's strategic initiatives and support its mission to accelerate drug development through innovative solutions.