Spruce Biosciences Appoints Percival Barretto-Ko to Board of Directors
25 Mai 2023 - 2:00PM
Business Wire
Accomplished life sciences industry executive
brings more than 20 years of commercial and biopharmaceutical
expertise to Spruce Board
Spruce Biosciences, Inc. (Nasdaq: SPRB), a late-stage
biopharmaceutical company focused on developing and commercializing
novel therapies for rare endocrine disorders with significant unmet
medical need, today announced the appointment of Percival
Barretto-Ko to the company’s Board of Directors. Concurrently, Dina
Chaya, Ph.D., has stepped down from the Board of Directors.
“On behalf of Spruce, I am pleased to welcome Percival
Barretto-Ko to our Board of Directors,” said Mike Grey, Executive
Chairman of Spruce Biosciences. “Percival is an accomplished and
highly respected biopharmaceutical leader with deep commercial
expertise who joins a Board of industry experts that share a
conviction around the potential of tildacerfont to alter the course
of management for people living with congenital adrenal hyperplasia
(CAH) and other rare endocrine disorders. Percival’s global
experience and insights will be invaluable as we prepare for the
potential commercialization of tildacerfont.”
Mr. Grey added, “We are also grateful to Dina for her vast
contributions to the Board over the past three years. Her counsel
and support have helped guide and advance Spruce’s pipeline from
early proof-of-concept to late-stage clinical development.”
Mr. Barretto-Ko is a life sciences industry veteran with over 20
years of commercial expertise and biopharmaceutical experience
across various therapeutic focuses. Most recently, he has served as
President and Chief Executive Officer at Plexium, Inc. Prior to
joining Plexium, Mr. Barretto-Ko served in numerous roles at
Astellas Pharma Inc., including the Chief Business Officer and
President of Astellas Pharma US, from 2005 to 2021. Prior to
joining Astellas, Mr. Barretto-Ko served in increasingly senior
roles at Roche UK and US from 2001 to 2005. Mr. Barretto-Ko earned
his B.S. in Biological Sciences and Chemistry with Honors from
Cornell University and an M.B.A. from Yale University. In addition,
he served as a Sloan Fellow for Innovation and Global Leadership at
the MIT Sloan School of Management, where he was awarded an M.S.
degree in Management. Mr. Barretto-Ko is a board member of Alessa
Therapeutics, Inc., a pharmaceutical company, and Americares, a
health-focused relief and development organization that serves
people affected by poverty or disaster with life-changing medicine
and health programs.
“I am impressed by the progress Spruce has made in advancing
tildacerfont across multiple clinical programs to potentially
change the treatment paradigm for patients with classic CAH and
polycystic ovary syndrome,” said Percival Barretto-Ko. “This is an
incredibly exciting time for the company, and with an outstanding
board and management team at the helm, I look forward to
contributing my global experience to support our efforts in
developing and commercializing potentially groundbreaking therapies
to treat pediatric and adult patients with rare endocrine
disorders.”
About Spruce Biosciences
Spruce Biosciences is a late-stage biopharmaceutical company
focused on developing and commercializing novel therapies for rare
endocrine disorders with significant unmet medical need. Spruce is
initially developing its wholly-owned product candidate,
tildacerfont, as the potential first non-steroidal therapy for
patients suffering from classic congenital adrenal hyperplasia
(CAH). Spruce is also developing tildacerfont for women suffering
from polycystic ovary syndrome (PCOS) with primary adrenal androgen
excess. To learn more, visit www.sprucebiosciences.com and follow
us on Twitter @Spruce_Bio, LinkedIn, Facebook and YouTube.
Forward-Looking Statements
Statements contained in this press release regarding matters
that are not historical facts are “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements include statements
regarding, among other things, the potential of tildacerfont to
alter the course of management for people living with CAH and the
potential commercialization of tildacerfont. Because such
statements are subject to risks and uncertainties, actual results
may differ materially from those expressed or implied by such
forward-looking statements. Words such as “forward,” “will,”
“potential” and similar expressions are intended to identify
forward-looking statements. These forward-looking statements are
based upon Spruce’s current expectations and involve assumptions
that may never materialize or may prove to be incorrect. Actual
results could differ materially from those anticipated in such
forward-looking statements as a result of various risks and
uncertainties, which include, without limitation, risks and
uncertainties associated with Spruce’s business in general, the
impact of geopolitical and macroeconomic events, and the other
risks described in Spruce’s filings with the U.S. Securities and
Exchange Commission. All forward-looking statements contained in
this press release speak only as of the date on which they were
made and are based on management’s assumptions and estimates as of
such date. Spruce undertakes no obligation to update such
statements to reflect events that occur or circumstances that exist
after the date on which they were made, except as required by
law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230525005326/en/
Media Will Zasadny Evoke Canale (619) 961-8848
will.zasadny@evokecanale.com media@sprucebiosciences.com
Investors Xuan Yang Solebury Strategic Communications
(415) 971-9412 xyang@soleburystrat.com
investors@sprucebiosciences.com
Spruce Biosciences (NASDAQ:SPRB)
Historical Stock Chart
Von Dez 2024 bis Jan 2025
Spruce Biosciences (NASDAQ:SPRB)
Historical Stock Chart
Von Jan 2024 bis Jan 2025