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Forma Therapeutics Elects Renowned Doctor and Health Disparities Expert Selwyn M. Vickers, M.D., to Board of Directors

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Forma Therapeutics Holdings, Inc. (Nasdaq: FMTX) announced the election of Selwyn M. Vickers, M.D., to its board of directors. Dr. Vickers, a prominent surgeon and pancreatic cancer researcher, currently serves as senior vice president of medicine and dean at The University of Alabama at Birmingham. His expertise in healthcare disparities aligns with Forma's mission to develop drugs for rare diseases while ensuring access for diverse patient populations. He will also join the audit committee to support the company’s ongoing growth amidst its clinical development efforts.

Positive
  • Selwyn Vickers brings deep medical expertise and insights on healthcare disparities.
  • His appointment may enhance Forma's drug development initiatives for diverse populations.
  • Vickers' leadership could strengthen oversight on the audit committee.
Negative
  • None.

Forma Therapeutics Holdings, Inc. (Nasdaq: FMTX), a clinical-stage biopharmaceutical company focused on rare hematologic diseases and cancers, today announced that Selwyn M. Vickers, M.D., F.A.C.S., has been elected to serve on the company’s board of directors.

(Photo: Business Wire)

(Photo: Business Wire)

Dr. Vickers is a world-renowned surgeon, pancreatic cancer researcher and pioneer in health disparities research. He currently serves as senior vice president of medicine and dean of the School of Medicine at The University of Alabama at Birmingham (UAB). As dean, Dr. Vickers leads the medical school’s main campus in Birmingham and the regional campuses in Montgomery, Huntsville and Tuscaloosa. He is a practicing clinician and conducts research with a focus on pancreatic cancer. Dr. Vickers is a member of the National Academy of Medicine.

“I am pleased to welcome Selwyn to our board at this exciting stage of growth for Forma,” said Peter Wirth, chair of Forma’s board of directors. “Selwyn’s expertise in addressing disparities in access to health care resources, especially among minority populations, will inform Forma’s work not only to develop drugs that meet the needs of specific patient populations but also to help create systems so that patients can access the drugs developed.”

“In addition to his deep medical knowledge, Selwyn’s understanding of the importance of diversity will provide valuable insight as we advance our pipeline of programs through the clinic,” said Frank Lee, president and chief executive officer of Forma. “I’m delighted he’s decided to be part of our important mission.”

“I am honored to join the board of Forma, whose distinctive patient-driven and culturally-competent approach to impacting disease aligns with my own passion,” said Dr. Vickers. “I look forward to sharing my clinical and research expertise to support the company’s mission to truly transform the lives of patients.”

Dr. Vickers will serve on the board’s audit committee.

About Forma Therapeutics

Forma Therapeutics is a clinical-stage biopharmaceutical company focused on the research, development and commercialization of novel therapeutics to transform the lives of patients with rare hematologic diseases and cancers. Our R&D engine combines deep biology insight, chemistry expertise and clinical development capabilities to create drug candidates with differentiated mechanisms of action focused on indications with high unmet need. Our work has generated a broad proprietary portfolio of programs with the potential to provide profound patient benefit. For more information, please visit www.FormaTherapeutics.com or follow us on Twitter @FORMAInc and LinkedIn.

Forward-looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including, without limitation, express or implied statements regarding the advancement of our clinical programs, our expectations of the therapeutic benefits related thereto, and our growth as a company and the anticipated contribution of the members of our board of directors to our operations and progress. The words “may,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “target” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words.

Any forward-looking statements in this press release are based on management’s current expectations and beliefs and are subject to a number of risks, uncertainties and important factors that may cause actual events or results to differ materially from those expressed or implied by any forward-looking statements contained in this press release, including, without limitation, those risks and uncertainties related to the advancement of our clinical program, the expected impact and contribution of our board of directors and executives to our business, and other risks identified in our SEC filings, including those risks discussed under the heading “Risk Factors” in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, as well as other risks detailed in our subsequent filings with the SEC. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. We disclaim any obligation to publicly update or revise any such statements to reflect any change in expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements. Any forward-looking statements contained in this press release represent our views only as of the date hereof and should not be relied upon as representing its views as of any subsequent date. We explicitly disclaim any obligation to update any forward-looking statements.

FAQ

Who is Selwyn Vickers and what is his role at Forma Therapeutics?

Selwyn Vickers is a world-renowned surgeon and pancreatic cancer researcher, recently elected to Forma Therapeutics' board of directors.

What is the significance of Selwyn Vickers' election to the board for FMTX investors?

Vickers' election may positively impact FMTX investors by enhancing the company’s focus on drug accessibility and patient diversity.

What committee will Selwyn Vickers serve on at Forma Therapeutics?

Selwyn Vickers will serve on the audit committee of Forma Therapeutics.

How does Selwyn Vickers' expertise relate to Forma's mission?

Vickers' expertise in addressing healthcare disparities aligns with Forma's mission to develop drugs tailored for underserved patient populations.

What is Forma Therapeutics focused on?

Forma Therapeutics is focused on the research and development of novel therapeutics for rare hematologic diseases and cancers.

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