STOCK TITAN

Legend Biotech Announces Appointment of Chief Medical Officer

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

Legend Biotech Corporation (NASDAQ: LEGN) has appointed Mythili Koneru, M.D., Ph.D. as its new Chief Medical Officer. Dr. Koneru previously served at Marker Therapeutics where she led the development of cell therapies and peptide vaccines. Her extensive background includes roles at Eli Lilly, focusing on immuno-oncology clinical development, and an oncology fellowship at Memorial Sloan-Kettering Cancer Center. CEO Ying Huang expressed confidence in Dr. Koneru's expertise in immunotherapy and cell therapy, emphasizing her role in advancing the company's pipeline. Dr. Koneru holds a B.A. in Cellular and Molecular Biology from the University of Chicago, a Ph.D. in Tumor Immunology from New York University, and an M.D. from Robert Wood Johnson Medical School.

Positive
  • Dr. Koneru brings extensive experience in immunotherapy and cell therapy.
  • Her leadership is expected to advance the company's clinical development and innovation.
Negative
  • Transitioning to a new CMO may cause temporary disruptions in ongoing projects.

SOMERSET, N.J.--(BUSINESS WIRE)-- Legend Biotech Corporation (“Legend Biotech” or the “Company”) (NASDAQ: LEGN), a global biotechnology company developing, manufacturing and commercializing novel therapies to treat life-threatening diseases, today announced the appointment of Mythili Koneru, M.D., Ph.D. as the Company’s Chief Medical Officer. In this role, Dr. Koneru will be responsible for overseeing the Company’s clinical development and medical affairs programs.

Dr. Koneru joins Legend Biotech from Marker Therapeutics, where she served as Chief Medical Officer, leading the development of the company’s cell therapies and peptide vaccines in its immuno-oncology portfolio. Prior to her time at Marker Therapeutics, Dr. Koneru served as Associate Vice President of Immuno-Oncology at Eli Lilly and Company, where she focused on the clinical development of immuno-oncology assets in the company’s early phase oncology portfolio. Prior to Eli Lilly, Dr. Koneru was an Oncology Fellow at Memorial Sloan-Kettering Cancer Center, where she developed adoptive T-cell therapies in both leukemia and solid tumor malignancies in early phase clinical trials.

“On behalf of the Company, I am pleased to welcome Dr. Koneru to the Legend team,” said Ying Huang, CEO of Legend Biotech. “Dr. Koneru brings a wealth of knowledge in the field of immunotherapy and cell therapy, with extensive experience in designing early-stage clinical trials for hematologic malignancies and solid tumors. We look forward to her leadership and contributions to our organization, as we continue to advance our pipeline of cell-based therapies and bring innovative therapies to clinic.”

Dr. Koneru obtained her B.A. in Cellular and Molecular Biology from the University of Chicago, a Ph.D. in Biomedical Research: Tumor Immunology from New York University, and an M.D. from Robert Wood Johnson Medical School.

About Legend Biotech

Legend Biotech is a global biotechnology company dedicated to treating, and one day curing, life-threatening diseases. Headquartered in Somerset, New Jersey, we are developing advanced cell therapies across a diverse array of technology platforms, including autologous and allogeneic chimeric antigen receptor T-cell and natural killer (NK) cell-based immunotherapy. From our three R&D sites around the world, we apply these innovative technologies to pursue the discovery of cutting-edge therapeutics for patients worldwide.

Learn more at www.legendbiotech.com and follow us on Twitter and LinkedIn.

Investor Contacts:

Joanne Choi, Senior Manager, Investor Relations, Legend Biotech

joanne.choi@legendbiotech.com

Crystal Chen, Manager, Investor Relations, Legend Biotech

crystal.chen@legendbiotech.com

Press Contact:

Tina Carter, Corporate Communications Lead, Legend Biotech

tina.carter@legendbiotech.com

(908) 331-5025

Source: Legend Biotech

FAQ

Who is the new Chief Medical Officer of Legend Biotech?

Mythili Koneru, M.D., Ph.D. is the newly appointed Chief Medical Officer of Legend Biotech.

What experience does Mythili Koneru bring to Legend Biotech?

Dr. Koneru has a background in developing cell therapies and peptide vaccines, previously serving as CMO at Marker Therapeutics and in various roles at Eli Lilly and Memorial Sloan-Kettering.

What is the expected impact of Dr. Koneru's appointment on Legend Biotech?

Her appointment is anticipated to enhance the company's clinical development efforts and support the advancement of its therapeutic pipeline.

Legend Biotech Corporation American Depositary Shares

NASDAQ:LEGN

LEGN Rankings

LEGN Latest News

LEGN Stock Data

6.02B
181.05M
1.31%
51.22%
12.49%
Biotechnology
Healthcare
Link
United States of America
Somerset