Turning Point Therapeutics Inc. (TPTX) Appoints Steve Sabus as Chief Commercial Officer

Turning Point Therapeutics, Inc. (NASDAQ: TPTX), a clinical-stage precision oncology company designing and developing novel targeted therapies for cancer treatment, today announced the appointment of Steve Sabus as Chief Commercial Officer, effective as of May 31, 2022.

Prior to Turning Point, Mr. Sabus spent 15 years in roles with increasing levels of sales responsibility at Astellas Pharma, most recently serving as the Head of Oncology leading a group of over 300 team members. In this role he provided executive leadership to scale the company’s $3 billion U.S. oncology franchise by launching and growing new products. His achievements include successfully expanding the market for Xtandi®, directing the ongoing launch of Padcev®, and developing the commercial strategy for the potential launch of zolbetuximab, an investigational monoclonal antibody therapy targeting Claudin18.2.

Earlier in his tenure, Mr. Sabus headed the Astellas $2 billion U.S. Medical Specialties business unit, and was the General Manager of Astellas Canada, where the team launched Xospata® and new indications for Xtandi®.

Before Astellas, Steve spent 16 years at Johnson & Johnson in roles of increasing responsibility in the commercial organization.

“I am excited to welcome Steve to the team. His broad commercial background within oncology across multiple modalities, including small molecules and ADCs, is highly valuable to us,” said Athena Countouriotis, M.D., president and CEO. “Steve’s leadership experience at Astellas demonstrated his keen understanding of the oncology market and will be instrumental as we grow our internal team and prepare for the potential commercialization of repotrectinib.”

“I look forward to joining the Turning Point team at this important time,” said Mr. Sabus. “I look forward to leveraging my oncology commercial leadership as we pursue our evolution from a clinical stage to a commercial stage company. I’m impressed by the repotrectinib commercial strategy the team has built and my initial focus will be on preparing the organization for a successful launch following regulatory approval. I believe repotrectinib represents a significant opportunity and I am eager to help maximize that opportunity as this potentially best-in-class compound advances towards anticipated regulatory approval.”

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