HanAll Biopharma Reports Q2 2024 Financial Results and Provi..
HanAll Biopharma (KRX: 009420.KS) announced today the appointment of Christopher W. Slavinsky as Chief Business Development and Legal Officer.
“Chris
brings a wealth of expertise to HanAll with his proven track record at leading
biopharmaceutical companies and deep knowledge in legal and business strategy.
His experience in driving transformative initiatives and navigating complex
regulatory landscapes will be instrumental as we continue to innovate and expand
our presence in the industry,” said Sean Jeong, M.D., MBA, CEO of HanAll
Biopharma.
Chris
is expected to leverage his extensive background as a strategic and
operationally focused leader with over 25 years of expertise in legal and
business development roles within large pharmaceutical companies and small,
emerging biotechnology firms. Spanning annual revenues from $50 million to $50
billion, he has overseen more than $20 billion in strategic transactions,
including transformative M&A, integration efforts, asset acquisitions, and
divestitures aimed at driving growth, ensuring regulatory compliance, and
optimizing the company's market position across R&D, commercial operations,
and investor relations functions.
Chris
joins HanAll from Coherus BioSciences, where he served as Chief Business and
Legal Officer and led its $65M all-stock acquisition of Surface Oncology and a groundbreaking
biosimilars partnership with Cost Plus Drugs. Previously, Chris held leadership
positions at Pharmacosmos Therapeutics, Prometheus Biosciences, Takeda, and
Pfizer.
“I
am excited to join HanAll and contribute my expertise to pioneer cutting-edge
therapies targeting unmet medical needs. I am honored to join a talented global
team and look forward to collaborating with academic and industry partners in
service of patients in need.”
Chris
holds a JD from Washington University in St. Louis, an MS in Biochemistry and
Molecular Biology from Thomas Jefferson University and a BS in Biochemistry
from the State University of New York at Stony Brook.
About HanAll Biopharma
HanAll Biopharma (KRX: 009420.KS) is a global
biopharmaceutical company with presence in Korea, the USA, Japan, and Indonesia
with the mission of making meaningful contributions to patients' lives by introducing
innovative, impactful medicines to address severe unmet medical needs. HanAll
has been operating a portfolio of pharmaceutical products in the therapeutic
areas of endocrine, circulatory, and urologic diseases for over 50 years.
HanAll has also expanded its focus to
immunology, oncology, neurology, and ophthalmology to discover and develop
innovative medicines for patients with diseases for which there are no
effective treatments. One of its lead pipeline assets, HL161 (INN: batoclimab),
an anti-FcRn antibody, is being developed in Phase 3 and Phase 2 trials across
the world for the treatment of autoimmune diseases including generalized
myasthenia gravis (gMG), thyroid eye disease (TED), chronic inflammatory
demyelinating polyneuropathy (CIDP), and Graves’ disease (GD). HL161ANS
(IMVT-1402), an anti-FcRn antibody targeting multiple indications, is being
evaluated in a Phase clinical study (healthy volunteers). Another lead asset,
HL036 (INN: tanfanercept), a TNF inhibitor protein, is being evaluated in Phase
3 clinical studies in the US and is also being evaluated in China for the
treatment of dry eye disease. HL192 (ATH-399A), a Nurr1 activator targeting
Parkinson’s Disease, has completed a Phase 1 study in healthy volunteers.
For
further information, visit our website and connect with us on LinkedIn. For any media inquiries, please contact
HanAll PR/IR (pr@hanall.com, ir@hanall.com).
Disclaimer Statement
The contents of this
announcement include statements that are, or may be deemed to be,
"forward-looking statements." These forward-looking statements can be
identified by the use of forward-looking terminology, including the terms
"believes," "estimates," "anticipates,"
"expects," "intends," "may," "will," or
"should," and include statements HANALL (the company, we) makes
concerning its 2024 business and financial outlook and related plans; the
therapeutic potential of its product candidates; the intended results of its
strategy and the company, and its collaboration partners', advancement of, and
anticipated clinical development, data readouts and regulatory milestones and
plans, including the timing of planned clinical trials and expected data
readouts; the design of future clinical trials and the timing and outcome of
regulatory filings and regulatory approvals. By their nature, forward-looking
statements involve risks and uncertainties, and readers are cautioned that any
such forward-looking statements are not guarantees of future performance. The
company's actual results may differ materially from those predicted by the
forward-looking statements. These may include various significant factors, such
as our expectations regarding the inherent uncertainties associated with
competitive developments, preclinical and clinical trial and product
development activities, and regulatory approval requirements. In addition,
performance may be affected by our reliance on collaborations with third
parties, estimating the commercial potential of our product candidates, our
ability to obtain and maintain protection of intellectual property of
technologies and drugs, our limited operating history, and our ability to
obtain additional funding for operations and to complete the development and
commercialization of product candidates. A further list and description of
these risks, uncertainties, and other risks can be found in Korea Stock Exchange
(KRX) filings and reports, including in our most recent annual report as well
as subsequent filings and reports filed by the company with the KRX. Given
these uncertainties, the reader is advised not to place any undue reliance on
such forward-looking statements. These forward-looking statements speak only as
of the date of publication of this document. We undertake no obligation to
publicly or revise the information in this press release, including any
forward-looking statements, except as may be required by Korean law and
regulations.