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Kezar Appoints Courtney Wallace to its Board of Directors
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
Kezar Life Sciences announced the appointment of Courtney Wallace to its Board of Directors. This strategic move is timed with the company's ongoing evolution and aims to enhance its business development efforts. Wallace brings over a decade of experience in healthcare, previously serving as Chief Business Officer at Beam Therapeutics and in various roles at Celgene Corporation. Kezar is focused on developing innovative treatments for immune-mediated and oncologic disorders, with its lead asset KZR-616 currently in Phase 2 clinical trials.
Positive
Appointment of Courtney Wallace expected to strengthen business development.
Wallace's extensive experience in biopharmaceuticals enhances the board's expertise.
Kezar is advancing novel therapies for underserved autoimmune and oncologic disorders.
Negative
None.
SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--
Kezar Life Sciences, Inc. (Nasdaq: KZR), a clinical-stage biotechnology company discovering and developing breakthrough treatments for immune-mediated and oncologic disorders, today announced the appointment of strategic business development executive Courtney Wallace to its Board of Directors.
“We are excited to welcome Courtney to our Board during an important time in Kezar’s continued evolution,” said Jean-Pierre Sommadossi, Ph.D., Chair of the Board at Kezar. “Courtney is a recognized leader in the biopharmaceutical industry whose strategic business development experience will be instrumental in 2022 and beyond as we execute on our vision of developing new medicines for patients with immune-mediated and oncologic disorders.”
Ms. Wallace added, “I am thrilled to join Kezar’s Board of Directors at such a pivotal time for the company. I see significant potential for Kezar to advance meaningful therapies for patients suffering from underserved autoimmune and oncologic disorders, and I look forward to partnering with the Board and executive team to support the continued growth of the company.”
Ms. Wallace brings over a decade of business experience in healthcare to Kezar’s Board, currently serving as Chief Business Officer at Beam Therapeutics, where she has spearheaded the company’s corporate strategy and business development since 2018. She was previously a Senior Director of Business Development at Celgene Corporation, where she was responsible for leading collaborations, licensing transactions, equity investments and mergers and acquisitions across a variety of therapeutic areas. Prior to joining Celgene, Ms. Wallace was a consultant with Easton Associates (now part of Navigant Consulting), a boutique healthcare management consultancy. While with Easton, she advised clients on general corporate strategy, pipeline and portfolio planning, clinical development, sales and marketing activities and business development. Ms. Wallace holds an AB from Harvard College and an MBA from Harvard Business School.
About Kezar Life Sciences
Kezar Life Sciences is a clinical-stage biopharmaceutical company discovering and developing breakthrough treatments for immune-mediated and oncologic disorders. The company is pioneering first-in-class, small-molecule therapies that harness master regulators of cellular function to inhibit multiple drivers of disease via single, powerful targets. KZR-616, its lead development asset, is a selective immunoproteasome inhibitor being evaluated in Phase 2 clinical trials in lupus nephritis, dermatomyositis and polymyositis. This asset also has the potential to address multiple chronic immune-mediated diseases. KZR-261 is the first anti-cancer clinical candidate from the company’s platform targeting the Sec61 translocon and the protein secretion pathway. An open-label dose-escalation Phase 1 clinical trial of KZR-261 to assess safety, tolerability and preliminary tumor activity in solid tumors is underway. For more information, visit www.kezarlifesciences.com.
Courtney Wallace has been appointed to the Board of Directors of Kezar Life Sciences.
What is Courtney Wallace's professional background?
Courtney Wallace has over a decade of experience, previously serving as Chief Business Officer at Beam Therapeutics and Senior Director at Celgene Corporation.
How will Courtney Wallace's appointment impact KZR?
Her strategic business development experience is expected to aid Kezar in executing its vision for innovative therapies in 2022 and beyond.
What are KZR's main assets under development?
KZR's key assets include KZR-616, currently in Phase 2 trials, and KZR-261, in Phase 1 trials for cancer treatment.
