Serina Therapeutics Appoints Dr. Jay Venkatesan to its Board of Directors
12 Fevereiro 2025 - 6:15PM
Serina Therapeutics, Inc. (“Serina”) (NYSE American: SER), a
clinical-stage biotechnology company developing its proprietary POZ
Platform™ drug optimization technology, today announced the
appointment of Jay Venkatesan, MD, MBA, to its Board of Directors.
Dr. Venkatesan brings deep expertise in biotechnology investment,
company building, and strategic growth, having successfully led and
advised multiple biopharma companies through pivotal stages of
development, including high-profile mergers and acquisitions.
Dr. Venkatesan most recently served as Chairman,
President, and CEO of Angion Biomedica until its merger with Elicio
Therapeutics in 2023. He currently serves as a Board Director at
Elicio Therapeutics. Previously, he was President and Board
Director of Alpine Immune Sciences, which he co-founded as a
Managing Partner of Alpine BioVentures. Alpine Immune Sciences was
acquired by Vertex Pharmaceuticals for $4.9 billion in May
2024.
“Jay’s extensive leadership experience in
biotechnology, particularly in corporate strategy, business
development, and capital markets, makes him an invaluable addition
to Serina’s Board,” said Steve Ledger, CEO of Serina Therapeutics.
“His track record in advancing innovative therapies and
successfully guiding companies through transformational
transactions aligns with our mission to develop best-in-class
therapeutics. We look forward to leveraging his insights as we
advance our pipeline and explore strategic growth opportunities for
our platform.”
Dr. Venkatesan has a distinguished career
spanning investment and operational leadership roles. Before
Alpine, he founded and managed Ayer Capital, a global healthcare
investment fund. Earlier in his career, he was a director at
Brookside Capital, a division of Bain Capital, where he co-managed
healthcare investments. He also held roles as a venture investor
with Patricof & Co. Ventures (now Apax Partners) and as a
consultant at McKinsey & Co.
Dr. Venkatesan holds an M.D. from the University
of Pennsylvania School of Medicine and an M.B.A. from the Wharton
School of the University of Pennsylvania. He earned his B.A. from
Williams College.
“I am excited to join the Board of Serina
Therapeutics at such a dynamic time for the company,” said Dr.
Venkatesan. “Serina’s innovative approach to drug development,
leveraging its proprietary POZ polymer technology, holds great
promise in addressing unmet needs across multiple therapeutic
areas. I look forward to contributing to the company’s continued
success and helping guide its strategic vision.”
Serina’s co-founder, Dr. Milton Harris, will
assume the role of Director Emeritus and will serve as Chair of the
company’s Scientific Advisory Board (SAB). Dr. Harris has played an
instrumental role in the development of Serina’s POZ Platform,
providing leadership and scientific expertise that have shaped the
company’s pipeline and clinical development. In his new role, he
will provide continued guidance to Serina’s research and
development efforts.
About Serina Therapeutics
Serina is a clinical-stage biotechnology company
developing a pipeline of wholly owned drug product candidates to
treat neurological diseases and other indications. Serina’s POZ
Platform™ provides the potential to improve the integrated efficacy
and safety profile of multiple modalities including small
molecules, RNA-based therapeutics and antibody-based drug
conjugates (ADCs). Serina is headquartered in Huntsville, Alabama
on the campus of the HudsonAlpha Institute of Biotechnology.
For more information, please visit
https://serinatherapeutics.com.
Cautionary Statement Regarding Forward-Looking
Statement
This release contains forward-looking statements
within the meaning of federal securities laws. These statements are
based on management’s current expectations, plans, beliefs or
forecasts for the future, and are subject to uncertainty and
changes in circumstances. Any express or implied statements in this
press release that are not statements of historical fact, including
statements about the potential of Serina’s POZ polymer technology,
are forward-looking statements that involve substantial risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied by such statements. Risks and
uncertainties include, among other things discussed in the
company’s Annual Report on Form 10-K for the year ended December
31, 2023, the company’s Current Report on Form 8-K that was filed
with the SEC on April 1, 2024, and the company’s other periodic
reports and documents filed from time to time with the SEC. The
information contained in this release is as of the date hereof, and
Serina assumes no obligation to update forward-looking statements
contained in this release as the result of new information or
future events or developments.
For inquiries, please contact:Stefan Riley
sriley@serinatherapeutics.com(256) 327-9630
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