STOCK TITAN

Keros Therapeutics Appoints Mary Ann Gray, Ph.D., to its Board of Directors

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

Keros Therapeutics has appointed Mary Ann Gray, Ph.D., to its Board of Directors, enhancing its leadership team. Dr. Gray brings extensive experience from her roles in biotechnology and investment, including positions at Federated Kaufmann Fund and various biotech boards. Concurrently, Alon Lazarus will step down after serving since 2016. Keros focuses on developing novel treatments for hematological and musculoskeletal disorders, with product candidates addressing conditions like cytopenias and bone loss.

Positive
  • Appointment of Mary Ann Gray as a board member enhances leadership with extensive experience in biotechnology and financial sectors.
  • Dr. Gray's background in strategic planning and advisory is expected to support advancement of Keros' clinical assets.
Negative
  • Departure of Alon Lazarus may raise questions about board continuity and experience.

LEXINGTON, Mass., Dec. 17, 2020 (GLOBE NEWSWIRE) -- Keros Therapeutics, Inc. (“Keros” or the “Company”) (Nasdaq: KROS), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of novel treatments for patients suffering from hematological and musculoskeletal disorders with high unmet medical need, today announced that it appointed Mary Ann Gray, Ph.D., to its Board of Directors.

"We are delighted to welcome Dr. Gray to Keros’ Board of Directors,” said President and Chief Executive Officer Jasbir Seehra, Ph.D. "Her deep experience guiding both growing and commercial-stage companies as a board member, coupled with her scientific and financial acumen, will be a tremendous asset as we continue to further advance multiple assets in the clinic."

Dr. Gray is President of Gray Strategic Advisors, LLC, a biotechnology strategic planning and advisory firm. Previously, she served as Senior Analyst and Portfolio Manager of Federated Kaufmann Fund, where she focused on both public and private healthcare investments. Prior to Federated Kaufmann Fund, she served as a biotechnology equity research analyst at multiple firms. Earlier in her career, she worked as a senior scientist both at Schering Plough Research and NeoRx Corporation. Dr. Gray currently serves on the boards of BioAtla, Inc., Sarepta Therapeutics, Inc., Seneca Biopharmaceuticals, Inc. and Rapt Therapeutics, Inc. and previously served on the board of many public and private biotechnology companies.

Dr. Gray holds a B.S. from the University of South Carolina, a Ph.D. in pharmacology from the University of Vermont, and completed her post-doctoral work at Northwestern University Medical School and at the Yale University School of Medicine.

Concurrent with Dr. Gray joining Keros’ Board of Directors, the Company also announced that Alon Lazarus will be stepping down as a director of the Company. Dr. Lazarus has served on Keros’ Board of Directors since April 2016. Dr. Seehra commented, "On behalf of the Board and Keros’ executive team, I would like to thank Alon for the service he has provided to the company and wish him well in any and all future endeavors."

About Keros Therapeutics, Inc.

Keros is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of novel treatments for patients suffering from hematologic and musculoskeletal disorders with high unmet medical need. Keros is a leader in understanding the role of the Transforming Growth Factor-Beta family of proteins, which are master regulators of red blood cell and platelet production as well as of the growth, repair and maintenance of muscle and bone. Keros’ lead protein therapeutic product candidate, KER-050, is being developed for the treatment of low blood cell counts, or cytopenias, including anemia and thrombocytopenia, in patients with myelodysplastic syndromes and in patients with myelofibrosis. Keros’ lead small molecule product candidate, KER-047, is being developed for the treatment of anemia resulting from iron imbalance, as well as for the treatment of fibrodysplasia ossificans progressiva. Keros’ third product candidate, KER-012, is being developed for the treatment of disorders associated with bone loss, such as osteoporosis and osteogenesis imperfecta, and for the treatment of pulmonary arterial hypertension.

Investor Contact:
Julia Balanova 
jbalanova@soleburytrout.com
646-378-2936


FAQ

Who is the new board member appointed to Keros Therapeutics?

Mary Ann Gray, Ph.D., has been appointed to the Board of Directors of Keros Therapeutics.

What is the role of Dr. Gray in Keros Therapeutics?

Dr. Gray will contribute her extensive experience in biotechnology and strategic planning to help advance Keros' clinical assets.

Why did Alon Lazarus leave Keros Therapeutics' board?

Alon Lazarus is stepping down from the board after serving since April 2016, but specific reasons for his departure were not provided.

What does Keros Therapeutics focus on?

Keros Therapeutics specializes in developing novel treatments for hematological and musculoskeletal disorders, with several product candidates in development.

Keros Therapeutics, Inc.

NASDAQ:KROS

KROS Rankings

KROS Latest News

KROS Stock Data

684.17M
38.66M
5.43%
100.92%
5.49%
Biotechnology
Pharmaceutical Preparations
Link
United States of America
LEXINGTON