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Solid Biosciences Announces Appointment of Michael Inbar, CPA, MBA, as Senior Vice President, Finance

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Solid Biosciences Inc. (Nasdaq: SLDB) announced that Michael Inbar, CPA, MBA, has joined as Senior Vice President, Finance, effective August 16, 2021. Inbar brings extensive expertise in public accounting and finance team management from his previous roles at Syros Pharmaceuticals and Acronis. CEO Ilan Ganot emphasized the importance of Inbar's experience for the company's growth and commitment to improving patients' lives through transformative therapies for Duchenne muscular dystrophy. Inbar expressed excitement about being part of a team focused on significant patient outcomes.

Positive
  • Michael Inbar brings extensive experience in finance and public accounting.
  • His expertise is expected to strengthen financial operations and discipline.
  • Inbar's background in rare disease drug development aligns with the company's mission.
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  • None.

CAMBRIDGE, Mass., Aug. 19, 2021 (GLOBE NEWSWIRE) -- Solid Biosciences Inc. (Nasdaq: SLDB), a life sciences company focused on advancing meaningful therapies for Duchenne muscular dystrophy (Duchenne), today announced that Michael Inbar, CPA, MBA, has joined the Company as Senior Vice President, Finance, effective August 16, 2021.

Mr. Inbar brings to Solid an extensive background in public accounting, with expertise in building finance teams, designing financial processes, and implementing new systems. Most recently, he served as VP, Accounting and Corporate Controller at Syros Pharmaceuticals, Inc., a clinical stage biopharmaceutical company specializing in the discovery and development of medicines to treat rare diseases and cancer, where he was responsible for all aspects of the accounting and finance operations. Prior to that, he served as Chief Financial Officer and VP, Finance at Acronis, Inc., where he led the global finance team and IT business systems, and Acceleron Pharma Inc., where he was Associate Director of SEC Reporting.

“Michael brings valuable experience to Solid as we continue to grow and evolve as a company,” said Ilan Ganot, Co-Founder, President and Chief Executive Officer of Solid Biosciences. “Realizing our multiple opportunities to improve patients’ lives requires continued financial discipline and diverse capabilities, and we welcome Michael’s expertise in this important aspect of our operations.”

Mr. Inbar received his Master’s in Business Administration and Bachelor of Business Administration & Accounting from the College of Business Management, Israel. He also received his Public Accountant certification in Israel and in the United States.

“My prior experience in rare disease drug development has given me a profound appreciation of the challenges that patients with these diseases face, and I believe that Solid has significant potential to improve the lives of patients,” said Mr. Inbar. “I am excited for the opportunity to be part of the team working to transform that potential into meaningful therapies.”

About Solid Biosciences
Solid Biosciences is a life sciences company focused on advancing transformative treatments to improve the lives of patients living with Duchenne. Disease-focused and founded by a family directly impacted by Duchenne, our mandate is simple yet comprehensive – work to address the disease at its core by correcting the underlying mutation that causes Duchenne with our lead gene therapy candidate, SGT-001. For more information, please visit www.solidbio.com.

Investor Contact:
David Carey
FINN Partners
212-867-1768
David.Carey@finnpartners.com

Caitlin Lowie
Solid Biosciences
607-423-3219
Clowie@solidbio.com

Media Contact:
Erich Sandoval
FINN Partners
917-497-2867
Erich.Sandoval@finnpartners.com 


FAQ

Who is Michael Inbar and what is his role at Solid Biosciences?

Michael Inbar is the new Senior Vice President of Finance at Solid Biosciences, effective August 16, 2021, bringing extensive finance experience to the company.

What experience does Michael Inbar have in finance?

Michael Inbar has a strong background in public accounting and finance, previously serving as VP, Accounting and Corporate Controller at Syros Pharmaceuticals.

Why did Solid Biosciences hire Michael Inbar?

Solid Biosciences hired Michael Inbar to enhance financial discipline and operational capabilities as the company aims to grow and improve patient outcomes.

What is the significance of Michael Inbar's appointment for SLDB shareholders?

Inbar's appointment may enhance financial management and operational efficiency, potentially benefiting SLDB shareholders through improved company performance.

Solid Biosciences Inc.

NASDAQ:SLDB

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