Vyant Bio (VYNT) Announces Newly Appointed Board of Directors
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Vyant Bio, Inc. (the “Company”) (Nasdaq: VYNT), is a new force in drug discovery, focused on integrating human-powered scientific and technology-based systems to de-risk and accelerate the discovery of therapeutics for biopharma partners as well as for the proprietary pipeline of the Company. Its newly formed Board of Directors comes from the disciplines of drug discovery and development, pharmaceuticals, and life science strategy and finance. The new board members bring decades of experience and leadership to help guide the Company in its focus on innovative and market leading drug discovery.
The Company is led in the executive suite by Jay Roberts, Chief Executive Officer, Ping Yeh, Chief Innovation Officer and Andy LaFrence, Chief Financial Officer. Joining Mssrs. Roberts and Yeh on the newly formed board are:
John Fletcher, our Board Chair, bringing over 30 years of strategy and financing experience across the pharmaceutical and healthcare industries to the board. He is the founder and Chief Executive Officer of Fletcher Spaght, Inc., a consulting firm that provides growth-focused strategy assistance to client companies. Since 2001, Mr. Fletcher has also served as the Managing Partner of Fletcher Spaght Ventures, a venture capital fund. Mr. Fletcher is the Chair of Vyant Bio’s Board of Directors.
Joanna Horobin M.B., Ch.B., an accomplished drug developer and biotech leader with over 35 years of experience in the pharmaceutical and biotech sector. Dr. Horobin currently serves as the Chair of the Board of iOnctura SA, a privately-held oncology company and as a Non-Executive Director on the boards of Kymera Therapeutics, Inc.(NASDAQ: KYMR), Nordic Nanovector ASA (Oslo: NANO), and Liquidia Technologies, Inc. (NASDAQ: LQDA). Dr. Horobin has held multiple C-suite roles in biotech companies in the US, most recently as the Chief Medical Officer at Idera Pharmaceuticals, Inc. (NASDAQ: IDRA) and was also the Chief Executive Officer of Syndax Pharmaceuticals, Inc. (NASDAQ: SNDX).
Marcus F. Boehm, Ph.D. co-founded and is currently Chief Scientific Officer of Escient Pharmaceuticals, Inc. Previously, he was a Co-Founder of Receptos, Inc. where he served as Chief Technology Officer until its acquisition by Celgene Corporation. In 2001, Dr. Boehm was a founding member of Conforma Therapeutics Corporation, which was acquired by Biogen Idec. Dr. Boehm started his industry career with Ligand Pharmaceuticals in 1991 where he held various positions with progressing responsibility.
Geoffrey Harris is the managing partner of c7 Advisors (a money management and healthcare advisory firm). Prior to that, he served as a managing director and co-head of the healthcare investment banking group at Cantor Fitzgerald, and a similar position at Gleacher & Company. Mr. Harris is also currently on the board of directors of Telemynd, Inc. (formerly known as MYnd Analytics); PointRight Inc., and MoleSafe, Inc.
Howard McLeod, Pharm.D. is the Medical Director, Precision Medicine for the Geriatric Oncology Consortium and a Professor at the USF Taneja College of Pharmacy. Previously he was Chair of the Department of Individualized Cancer Management and Medical Director of the DeBartolo Family Personalized Medicine Institute at the Moffitt Cancer Center and previously a Senior Member of the Moffitt Cancer Center’s Division of Population Sciences. He also chaired the Department of Individualized Cancer Management at Moffitt. Prior to joining the Moffitt Cancer Center, Dr. McLeod was a Founding Director of the University of North Carolina Institute for Pharmacogenomics and Individualized Therapy. Dr. McLeod also held the prestigious title of Fred Eshelman Distinguished Professor at the UNC Eshelman School of Pharmacy.
Paul Hansen has been a member of the Board of Directors of StemoniX since 2015. Since 2014, Mr. Hansen has served as a Senior Fellow with the University of Minnesota’s Technological Leadership Institute. Mr. Hansen is a founder and President of Minnepura Technologies, SBC. Mr. Hansen also held senior executive positions at 3M Company, including President and CEO of 3M Mexico.
“Each of the individuals selected to join our board is highly qualified and brings a unique perspective based on years of experience guiding innovation and creating tremendous value to shareholders. The board’s breadth and depth of knowledge will be an invaluable asset as Vyant Bio embarks on a new era in drug discovery,” stated Jay Roberts, Chief Executive Officer of Vyant Bio.
“I am pleased that we could attract each of our new directors. At this point in Vyant Bio’s growth, the distinctive attributes of each of these new board members will provide direction and leadership to guide the Company through its next stage of growth and to achieve its goals,” stated Ping Yeh, Chief Innovation Officer of Vyant Bio.
As a reminder, Jay Roberts, Ping Yeh, and Andy LaFrence will be holding an investor conference call tomorrow, April 6, 2021. Please also visit the Investors’ section of the Vyant Bio web site for details on how to participate.
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