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Dr. Ryan Saadi Commends Individuals Who Dedicate Time to Public Service, and Congratulates Mayor Victor Sordillo on His Induction Into the NJ League of Municipalities Hall of Fame

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Victor Sordillo, Board Member of Tevogen Bio (Nasdaq: TVGN), has been inducted into The New Jersey League of Municipalities Hall of Fame for his 24 years of continuous service as Warren Township Committee Member. During his tenure as Mayor, Warren Township achieved significant developments including the construction of a new library, town hall, youth facilities, and the acquisition of approximately 1,000 acres of open space.

Under his leadership, Warren Township maintained a AAA bond rating while keeping long-term debt at one-tenth of the state-allowable limit. The township received notable recognition, being ranked sixth best place to live in America by Money magazine and second-best place to live in Central NJ by New Jersey Monthly.

Victor Sordillo, membro del consiglio di Tevogen Bio (Nasdaq: TVGN), è stato inserito nella Hall of Fame della New Jersey League of Municipalities per i suoi 24 anni di servizio continuativo come membro del comitato di Warren Township. Durante il suo mandato come sindaco, Warren Township ha raggiunto sviluppi significativi, tra cui la costruzione di una nuova biblioteca, del municipio, di strutture per i giovani e l'acquisizione di circa 1.000 acri di spazio aperto.

Sotto la sua guida, Warren Township ha mantenuto un rating obbligazionario AAA, mantenendo il debito a lungo termine a un decimo del limite consentito dallo stato. Il comune ha ricevuto riconoscimenti notevoli, classificandosi come il sesto miglior posto dove vivere in America secondo la rivista Money e il secondo miglior posto dove vivere nel New Jersey centrale secondo New Jersey Monthly.

Victor Sordillo, miembro de la junta de Tevogen Bio (Nasdaq: TVGN), ha sido incluido en el Salón de la Fama de la Liga de Municipios de Nueva Jersey por sus 24 años de servicio continuo como miembro del Comité de Warren Township. Durante su mandato como alcalde, Warren Township logró desarrollos significativos, incluida la construcción de una nueva biblioteca, el ayuntamiento, instalaciones para jóvenes y la adquisición de aproximadamente 1,000 acres de espacio abierto.

Bajo su liderazgo, Warren Township mantuvo una calificación de bonos AAA mientras mantenía la deuda a largo plazo en un décimo del límite permitido por el estado. El municipio recibió un notable reconocimiento, ocupando el sexto lugar como el mejor lugar para vivir en Estados Unidos según la revista Money y el segundo mejor lugar para vivir en el centro de Nueva Jersey según New Jersey Monthly.

빅터 소르딜로(Victor Sordillo), Tevogen Bio (Nasdaq: TVGN)의 이사회 회원이자, 워렌 타운십 위원회 위원으로 24년 간의 지속적인 봉사를 인정받아 뉴저지 지방 자치 단체 리그 명예의 전당에 헌액되었습니다. 그의 시장 재임 동안 워렌 타운십은 새 도서관, 시청, 청소년 시설 건설 및 약 1,000에이커의 공공 공간 확보 등 중요한 개발을 이루었습니다.

그의 지도 아래, 워렌 타운십은 AAA 채권 등급을 유지하면서 장기 부채를 주 정부가 허용하는 한도에서 10분의 1로 줄였습니다. 이 타운십은 Money 잡지에 의해 미국에서 여섯 번째로 살기 좋은 곳으로, 뉴저지 월리 지에 의해 중앙 뉴저지에서 두 번째로 살기 좋은 곳으로 선정되는 등 주목할 만한 인정을 받았습니다.

Victor Sordillo, membre du conseil d'administration de Tevogen Bio (Nasdaq: TVGN), a été intronisé au Hall of Fame de la New Jersey League of Municipalities pour ses 24 ans de service continu en tant que membre du comité de Warren Township. Pendant son mandat en tant que maire, Warren Township a réalisé d'importants développements, y compris la construction d'une nouvelle bibliothèque, de l'hôtel de ville, d'installations pour les jeunes et l'acquisition d'environ 1 000 acres d'espace ouvert.

Sous sa direction, Warren Township a maintenu une note d'obligation AAA tout en gardant la dette à long terme à un dixième de la limite autorisée par l'État. La municipalité a reçu une reconnaissance notable, étant classée comme le sixième meilleur endroit où vivre en Amérique par le magazine Money et le deuxième meilleur endroit où vivre dans le centre du New Jersey par New Jersey Monthly.

Victor Sordillo, Vorstandsmitglied von Tevogen Bio (Nasdaq: TVGN), wurde in die Hall of Fame der New Jersey League of Municipalities aufgenommen für seine 24-jährige kontinuierliche Tätigkeit als Mitglied des Warren Township Ausschusses. Während seiner Amtszeit als Bürgermeister erzielte Warren Township bedeutende Entwicklungen, darunter den Bau einer neuen Bibliothek, eines Rathauses, von Jugendeinrichtungen und den Erwerb von etwa 1.000 Acres Freifläche.

Unter seiner Führung behielt Warren Township ein AAA-Anleihenrating bei, während die langfristige Verschuldung auf einem Zehntel der vom Staat zulässigen Grenze gehalten wurde. Die Gemeinde erhielt bemerkenswerte Anerkennung und wurde von der Zeitschrift Money als der sechstbeste Wohnort in den USA und von New Jersey Monthly als der zweitbeste Wohnort in Zentral-New Jersey eingestuft.

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Victor Sordillo

WARREN, N.J., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Dr. Ryan Saadi, CEO of Tevogen Bio (“Tevogen” or “Tevogen Bio Holdings Inc.”) (Nasdaq: TVGN), a clinical-stage specialty immunotherapy biotech developing off-the-shelf, genetically unmodified T cell therapeutics to treat infectious disease and cancers, congratulates Board Member, Victor Sordillo PE, CSP, MBA, as he was inducted into The New Jersey League of Municipalities Hall of Fame this month.

Mayor Sordillo was inducted into the Hall of Fame for his dedicated tenure of 24 years of continuous service as a Warren Township Committee Member. As an elected official, Mayor Sordillo served the community by leading the municipal government, providing oversight to the township’s operations, and implementing policies for the public good, essentially working for the benefit of the citizens he represents.

“Mayor Sordillo exemplifies the qualities of a dedicated public servant, making personal sacrifices to answer a call that many shy away from. While policy debates are essential and differing perspectives form the bedrock of democracy, such discussions are incomplete without acknowledging the personal commitments and sacrifices made by leaders like Mayor Sordillo. We extend our deepest gratitude and congratulations on your remarkable service.” said Ryan Saadi, MD, MPH, Tevogen Bio’s Chief Executive Officer.

“It has been an honor to serve the residents of Warren and be part of a very high performing team of committee people. During our tenure, we built a new library, a new town hall, extensive youth facilities including the football complex, playgrounds, and basketball courts; and purchased around 1,000 acres of open space which includes the Wagner Farm. This was accomplished while maintaining a AAA bond rating and having one tenth of the long-term debt allowable by the State of NJ.” said Mayor Sordillo.

Former New Jersey Governor Don DeFrancesco and current State Senator John Bramnick recognized Warren Township and its leadership, both having said that the Township is a model for the State and one of the best places to live. During the Mayor’s term, Warren was voted by Money magazine as the sixth best place to live in America; and again by New Jersey Monthly, as the second-best place to live in Central NJ.

Mayor Sordillo will be honored along with Gary DiNardo, Carolann Garafola, and the late Frank Salvato during an event next week.

About Tevogen Bio

Tevogen is a clinical-stage specialty immunotherapy company harnessing one of nature’s most powerful immunological weapons, CD8+ cytotoxic T lymphocytes, to develop off-the-shelf, genetically unmodified precision T cell therapies for the treatment of infectious diseases, cancers, and neurological disorders, aiming to address the significant unmet needs of large patient populations. Tevogen Leadership believes that sustainability and commercial success in the current era of healthcare rely on ensuring patient accessibility through advanced science and innovative business models. Tevogen has reported positive safety data from its proof-of-concept clinical trial, and its key intellectual property assets are wholly owned by the company, not subject to any third-party licensing agreements. These assets include three granted patents, nine pending US and twelve ex-US pending patents, two of which are related to artificial intelligence.

Tevogen is driven by a team of highly experienced industry leaders and distinguished scientists with drug development and global product launch experience. Tevogen’s leadership believes that accessible personalized therapeutics are the next frontier of medicine, and that disruptive business models are required to sustain medical innovation.

Contacts

Tevogen Bio Communications
T: 1 877 TEVOGEN, Ext 701
Communications@Tevogen.com 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5f951b9e-3708-4f78-994d-b66061cc1524


FAQ

What achievements did Warren Township accomplish during Victor Sordillo's tenure as Mayor with Tevogen Bio (TVGNW)?

During Mayor Sordillo's tenure, Warren Township built a new library, town hall, youth facilities, acquired 1,000 acres of open space, maintained a AAA bond rating, and was ranked sixth best place to live in America by Money magazine.

Why was Victor Sordillo inducted into the NJ League of Municipalities Hall of Fame in December 2024?

Victor Sordillo was inducted for his 24 years of continuous service as a Warren Township Committee Member, where he led municipal government operations and implemented policies for public good.

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