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Editas Medicine Names Bernadette Connaughton to Board of Directors

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Editas Medicine (Nasdaq: EDIT) has appointed Bernadette Connaughton to its Board of Directors. With over 30 years of experience in the pharmaceutical sector, Connaughton has a proven history of driving sales growth and profitability, notably at Bristol-Myers Squibb. Her expertise in global commercialization and product launches is expected to strengthen Editas' mission to develop innovative genomic medicines. This leadership change aims to enhance the company's pipeline and operational strategy as it advances treatments for serious diseases.

Positive
  • Appointment of Bernadette Connaughton brings over 30 years of industry experience.
  • Her background in driving sales growth and profitability could strengthen Editas' operational strategies.
  • Expectation of enhanced global commercialization strategies for genomic medicines.
Negative
  • None.

CAMBRIDGE, Mass., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Editas Medicine, Inc. (Nasdaq: EDIT), a leading genome editing company, today announced that it has appointed Bernadette Connaughton to its Board of Directors.

Ms. Connaughton is an accomplished pharmaceutical executive with more than 30 years of global strategic, commercial, and biopharmaceutical industry expertise. Ms. Connaughton spent her career at Bristol-Myers Squibb, building a consistent track record of achieving sales growth, improving operational models, and increasing profitability in the U.S., Europe, and Asia. She most recently served as President, Intercontinental. In this role, she developed successful, multi-year commercialization strategies for several oncology, virology, and immunology products.

“I am pleased to welcome Bernadette to our Board of Directors. Bernadette is an accomplished biopharmaceutical executive, and her deep operational, global commercialization, and launch expertise will be an asset to Editas as we work to develop and deliver innovative, new genomic medicines to patients,” said James C. Mullen, Chairman, President, and CEO, Editas Medicine.

“I am honored to join Editas Medicine’s Board of Directors as the Company continues to advance its pipeline. I look forward to helping guide the Company as the team works towards its mission of bringing transformative medicines to people with serious diseases,” said Ms. Connaughton.

Ms. Connaughton received her Bachelor of Arts from Johns Hopkins University and her Master of Business Administration from The Wharton School, University of Pennsylvania.

About Editas Medicine
As a leading genome editing company, Editas Medicine is focused on translating the power and potential of the CRISPR/Cas9 and CRISPR/Cas12a (also known as Cpf1) genome editing systems into a robust pipeline of treatments for people living with serious diseases around the world. Editas Medicine aims to discover, develop, manufacture, and commercialize transformative, durable, precision genomic medicines for a broad class of diseases. For the latest information and scientific presentations, please visit www.editasmedicine.com.

Forward-Looking Statements
This press release contains forward-looking statements and information within the meaning of The Private Securities Litigation Reform Act of 1995. The words ‘‘anticipate,’’ ‘‘believe,’’ ‘‘continue,’’ ‘‘could,’’ ‘‘estimate,’’ ‘‘expect,’’ ‘‘intend,’’ ‘‘may,’’ ‘‘plan,’’ ‘‘potential,’’ ‘‘predict,’’ ‘‘project,’’ ‘‘target,’’ ‘‘should,’’ ‘‘would,’’ and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The Company may not actually achieve the plans, intentions, or expectations disclosed in these forward-looking statements, and you should not place undue reliance on these forward-looking statements.  Actual results or events could differ materially from the plans, intentions and expectations disclosed in these forward-looking statements as a result of various factors, including: uncertainties inherent in the initiation and completion of preclinical studies and clinical trials and clinical development of the Company’s product candidates; availability and timing of results from preclinical studies and clinical trials; whether interim results from a clinical trial will be predictive of the final results of the trial or the results of future trials; expectations for regulatory approvals to conduct trials or to market products and availability of funding sufficient for the Company’s foreseeable and unforeseeable operating expenses and capital expenditure requirements.  These and other risks are described in greater detail under the caption “Risk Factors” included in the Company’s most recent Annual Report on Form 10-K, which is on file with the Securities and Exchange Commission, as updated by the Company’s subsequent filings with the Securities and Exchange Commission, and in other filings that the Company may make with the Securities and Exchange Commission in the future.  Any forward-looking statements contained in this press release speak only as of the date hereof, and the Company expressly disclaims any obligation to update any forward-looking statements, whether because of new information, future events or otherwise.

Contacts:
Media
Cristi Barnett
(617) 401-0113
cristi.barnett@editasmed.com

Investors
Ron Moldaver
(617) 401-9052
ir@editasmed.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8b118a44-d958-4aa3-a673-7b947971a2a4


FAQ

Who is Bernadette Connaughton in relation to Editas Medicine?

Bernadette Connaughton has been appointed to the Board of Directors of Editas Medicine, bringing over 30 years of pharmaceutical industry experience.

What expertise does Bernadette Connaughton bring to Editas?

She brings extensive global strategic and commercial expertise, particularly in the biopharmaceutical sector, with a strong focus on sales growth and profitability.

What impact is expected from Connaughton's appointment at Editas?

Her appointment is anticipated to enhance Editas' operational strategies and strengthen its pipeline of genomic medicines.

When was the appointment of Bernadette Connaughton announced?

The appointment was announced on October 28, 2021.

What is the primary focus of Editas Medicine?

Editas Medicine focuses on developing transformative genomic medicines utilizing CRISPR technology for serious diseases.

Editas Medicine, Inc.

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Biotechnology
Biological Products, (no Disgnostic Substances)
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United States of America
CAMBRIDGE