REG - Roquefort Theraptcs. - Board Appointment

Roquefort TherapeuticsAnnouncement

05/04/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220405:nRSE2233Ha&default-theme=true

RNS Number : 2233H  Roquefort Therapeutics PLC  05 April 2022

5 April 2022

 

Roquefort Therapeutics plc

("Roquefort Therapeutics" or the "Company")

 

Board Appointment

 

Roquefort Therapeutics (LSE:ROQ), the Main Market listed biotech company
focused on early-stage opportunities in the biotechnology sector, is pleased
to announce the appointment of Ms Jean Duvall as a Non-Executive Director, and
the resignation of Mr Mark Rollins as Non-Executive Director.

 

Ms Duvall is a highly accomplished individual in the biotech and pharma
sector, with over 25 years experience in executive roles in the industry.
During this time, Ms Duvall acted for Ferring Pharmaceuticals, as one of the
Executive Board Members who built the company from a US$700 million to US$2
billion in revenue. During her time at Ferring, Ms Duvall led or co-led over
10 transactions and had legal oversight on over 25 transactions. Ms Duvall has
a significant track record in corporate development having led multiple
successful M&A, divestment and licensing deals throughout her career.
During her time at Elan Corporation, Ms Duvall was responsible for the launch
and commercialisation of Tysabri, a treatment for multiple sclerosis and
Crohn's disease, outside of the US in collaboration with Biogen Idec.  She
previously had the role of General Counsel at Elan and was legal lead,
negotiating the divestment of over $2bn in assets.

 

Additionally, she has co-founded and led biopharma start-ups including Trizell
and Amzell, resulting in multiple products having successful phase 2 and 3
clinical studies. Trizell in particular received several multi-billion dollar
offers for its lead oncology gene therapy product, Adstiladrin, which is now
in the registration phase.

 

Ms Duvall is currently CEO and Co-Founder of ReproNovo, a women's health and
reproductive medicine company focussing on R&D and manufacturing with
potential products entering phase 2 and phase 1. Additionally, Ms Duvall is a
Non Executive Board member of an AIM listed life sciences company, Ondine
Biomedical Inc., a  company focused on photodisinfection-based therapies to
prevent and treat a broad spectrum of infections, including those caused by
drug-resistant pathogens.

 

Stephen West, Roquefort Therapeutics Executive Chairman, commented:

"It is with great pleasure that I welcome Jean Duvall to the Company's Board,
where she will provide invaluable insight and expertise in helping Roquefort
Therapeutics develop and progress our preclinical programmes.  Jean's track
record speaks for itself and her knowledge and experience in drug development,
commercialising programmes and value creation in life sciences will be a
valuable asset to our team. Roquefort Therapeutics is putting together a top
team in place and we look to the future with optimism.

 

"I would also like to thank Mark Rollins for his contribution during the early
stages of Roquefort Therapeutics, which is now well positioned to continue its
next phase of development with Jean's addition to the Board."

 

Commenting on her appointment, Roquefort Therapeutics NED Jean Duvall said:

"I am excited to join the Board of Roquefort Therapeutics. The therapeutic
potential of Midkine is very interesting and I believe has the potential to
meet a number of indications of unmet needs in major markets.  I look forward
to working with the team on developing its preclinical drug programme in
cancer and to exploring the many other indications blocking midkine could help
treat."

 

-Ends-

 

 
Enquiries:
 Roquefort Therapeutics plc
 Stephen West (Chairman)                    +44 (0)20 3290 9339

 Buchanan (Public Relations)

 Ben Romney / Jamie Hooper / George Beale   +44 (0)20 7466 5000

 Optiva Securities Limited (Broker)
 Christian Dennis                           +44 (0)20 3411 1881

 

For further information on Roquefort Therapeutics, please visit
www.roquefortplc.com (http://www.roquefortplc.com)  and @RoquefortTherap on
Twitter.

 

LEI: ‎254900P4SISIWOR9RH34

 

About Roquefort Therapeutics

Roquefort Therapeutics (LSE:ROQ) is a Main Market listed biotech company
developing products through the pre-clinical phase prior to partnering or
selling to big pharma.  The Company is focused on developing first in class
Midkine inhibiting RNA therapeutics drugs for the treatment of cancer, chronic
inflammation, autoimmune disorder and COVID-19.  Recent progress within mRNA
therapeutics has led to a reduction in drug development timelines and costs,
increasing the chance of early value creation.

 

Through extensive research resulting in validation through publication in over
1,000 scientific publications, Roquefort Therapeutics has identified the
potential to exploit the broad therapeutic potential of Midkine for a number
of clinical indications of significant unmet need. Roquefort Therapeutics
holds the largest global IP portfolio on Midkine. The Midkine blocking drug
development markets have significant global market potential (in the
multi-billion dollars). Roquefort Therapeutics's pre-clinical programme is
currently underway with an initial focus on cancer treatment aiming to improve
immunotherapy responses.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAGZGGDNDKGZZM