Principia Biopharma Appoints Patrick Machado to Board of Directors
“With Principia having multiple mid- and late-stage clinical development programs in place, Pat’s business acumen and experience at high-growth companies is very well suited to our vision for the next several years,” said
Before joining Medivation, Mr. Machado worked at ProDuct Health, Inc. as senior vice president, chief financial officer and general counsel from 1998 to 2001. Upon ProDuct Health’s acquisition by Cytyc Corporation, he served as a consultant to Cytyc to assist with transitional matters from 2001 to 2002. Earlier in his career, Mr. Machado worked for Chiron Corporation as chief legal counsel and business development representative to Chiron Technologies business unit. Prior to that he worked for
Principia is a late-stage biopharmaceutical company dedicated to bringing transformative oral therapies to patients with significant unmet medical needs in immunology and oncology. Principia’s proprietary Tailored Covalency® platform enables the company to design and develop reversible and irreversible covalent, small molecule inhibitors with potencies and selectivities that have the potential to rival those of injectable biologics yet maintain the convenience of a pill. PRN1008, a reversible covalent BTK inhibitor, is being evaluated in a Phase 3 clinical trial in patients with pemphigus, an orphan autoimmune disease, and in a Phase 2 clinical trial in patients with immune thrombocytopenia, a rare hematological disease. PRN2246/
This press release contains forward-looking statements. These forward-looking statements reflect the current beliefs and expectations of management made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, Principia’s expectations regarding the Principia pipeline of product candidates and results from its current clinical trials. Such forward-looking statements involve known and unknown risks, uncertainties, and other important factors that may cause Principia’s actual results, performance, or achievements to be materially different from those expressed or implied by the forward-looking statements. For a description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the Principia’s business in general, see the risk factors set forth in Principia’s reports filed with the
Christopher Chai, CFO firstname.lastname@example.org Media Contact Paul Laland, VP, Corporate Communications 415.519.6610
Source: Principia Biopharma Inc.