Obsidian Therapeutics Appoints Anders Götzsche to Board of Directors

CAMBRIDGE, Mass., March 3, 2020 /PRNewswire/ -- Obsidian Therapeutics, a biotechnology company pioneering controllable cell and gene therapies, today announced the appointment of Anders Götzsche to its Board of Directors. Mr. Götzsche will serve as the Chair of Obsidian's Audit Committee. Mr. Götzsche currently serves as the Executive Vice President and Chief Financial Officer of H. Lundbeck A/S (LUN.CO).

"Anders brings strong public company financial expertise and transactional experience, as well as a unique global perspective, to the Obsidian board," said Peter Barrett, Ph.D., partner at Atlas Venture and Chair of the Board. "Anders' experience at Lundbeck and his various other board appointments will be invaluable as we work to develop a new generation of cell and gene therapies and usher Obsidian through its next phase of growth. We are pleased to welcome him to the company's Board of Directors."

Mr. Götzsche added, "Obsidian is rapidly becoming a significant player in the cell and gene space, advancing a strong pipeline of internally owned and partnered programs based on its unique cytoDRiVE™ technology platform. I look forward to contributing to Obsidian's future growth and success as the company executes on its strategic developmental activities."

Mr. Götzsche joined H. Lundbeck A/S in September 2007 as the Executive Vice President and Chief Financial Officer. Additionally, he currently serves as the Chair of the Board of Rosborg Møbler A/S and is a Board Member and Chair of the Audit Committee of DFDS A/S. Before joining Lundbeck, Mr. Götzsche held the post of Chief Financial Officer for the Berlingske Officin A/S. He was a Board member and Chair of the Audit Committee at Veloxis A/S, a pharmaceutical company recently acquired by Asahi Kasei. Earlier in his career, he held positions at Group 4 Falck A/S, SAS Institute Inc. and PricewaterhouseCoopers. Mr. Götzsche holds an MS degree in Accounting from the University of Southern Denmark.

About Obsidian TherapeuticsObsidian Therapeutics is a biotechnology company pioneering controllable cell and gene therapies to deliver transformative outcomes for patients with intractable diseases. Obsidian's proprietary cytoDRiVE™ technology provides a way to control protein degradation using FDA-approved small molecules, permitting precise control of the timing and level of protein expression. The cytoDRiVE™ platform can be applied to design controllable intracellular, membrane and secreted proteins for cell and gene therapies as well as other applications. The Company's initial applications focus on developing novel cell therapies for the treatment of cancer. Obsidian is headquartered in Cambridge, Mass. For more information, please visit www.obsidiantx.com.

Media Contact:Maggie BellerRusso Partners, LLC[email protected] 646-942-5631

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SOURCE Obsidian Therapeutics