Entera Bio Ltd. (ENTX) Appoints Jonathan Lieber as CFO

Entera Bio Ltd. (NASDAQ: ENTX) today announced that it has established a U.S. Headquarters in the Boston area and has hired Jonathan Lieber as its U.S.-based CFO. Mr. Lieber will be responsible for all investor relations, finance and administrative functions, and will lead the Company’s future financing efforts to support the company’s growth initiatives.

“We are pleased to have an accomplished executive of Jon’s caliber join Entera Bio. We welcome his long experience at emerging life science companies and his strong investor and banking relationships,” stated Adam Gridley, CEO of Entera. “As the company builds its presence with its stakeholders, the addition of Jon as our U.S.-based CFO will be critical to support our future growth, and our lead clinical programs and in our business development efforts.”Jon’s background includes financial and executive management roles at emerging and growth-stage life science companies. As a CFO, he has raised more than $300 million of equity and debt in public and private securities offerings, including a $110 million IPO at Altus Pharmaceuticals, and led strategic and business development transactions including the successful sale of Xcellerex to GE Healthcare. He currently serves as a managing director of Danforth Advisors, and most recently served as CFO of Histogenics (NASDAQ: HSGX), a publicly-traded cell therapy company developing products for the orthopedics market. He additionally held the roles of CFO for Metamark Genetics and CFO and Treasurer of Repligen. Previously, Jon was an investment banker for ten years at Cowen and Salomon Brothers, during which time he originated and executed on numerous corporate financings and merger and acquisition transactions. He received a BS in business administration and finance from Boston University and an MBA in finance from New York University Stern School of Business. The engagement terms of Mr. Lieber are subject to the approval of the Company's shareholders.Entera Bio Inc., the Company's wholly owned Delaware subsidiary, established its U.S. Headquarters in the Boston area (Wellesley, Mass) to support the Company’s future growth in financial, business development and clinical / regulatory staff. Centrally located near Boston’s biotechnology center and New York’s banking center, the Company has a burgeoning presence at both the board and executive level in important regions for leading biotechnology companies. The Company’s R&D operations will continue to be located in Jerusalem, Israel, where much of the Company’s collaboration, clinical and CMC efforts will expand to support our anticipated growth.

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