Biophytis Expands Daniel Schneiderman’s Role to Group Chief Financial Officer
June 07 2019 - 2:13PM
Biophytis SA (Euronext Growth Paris: ALBPS), a clinical-stage
biotechnology company focused on the development of therapeutics
for age-related diseases, today announced that Daniel Schneiderman,
the Company’s Chief Financial Officer based in the U.S., will
expand his role to include the financial operations for Biophytis
SA. Additionally, Jean-Christophe Montigny, Chief Operating
Officer, has resigned from the Company. Mr. Montigny will
continue in his role through July 24, 2019 to ensure a smooth
transition.
Dr. Stanislas Veillet, chief executive officer
of Biophytis, said, “On behalf of the company, I would like to
personally thank Jean-Christophe for his tireless efforts and
contributions to Biophytis over the last decade. He has played an
integral role as we have grown over the years from a small start-up
to a clinical-stage biotechnology company with a pipeline of
therapeutics focused on age-related diseases. We wish
Jean-Christophe the very best in his future endeavors.”
About BiophytisBiophytis
is a clinical-stage biotechnology company focused on the
development of therapeutics that slow the degenerative processes
and improve functional outcomes for patients suffering from
age-related diseases. Our therapeutic approach is aimed at
targeting and activating key biological resilience pathways that
can protect against and counteract the effects of the multiple
biological and environmental stresses that lead to age-related
diseases. Our lead drug candidate, Sarconeos (BIO101), is an orally
administered small molecule in development for the treatment of
neuromuscular diseases, including sarcopenia and Duchenne muscular
dystrophy (DMD). Our second drug candidate, Macuneos (BIO201), is
an orally administered small molecule in development for the
treatment of retinal diseases, including dry age-related macular
degeneration (AMD) and Stargardt disease. Biophytis is
headquartered in Paris, France, and has offices in Cambridge,
Massachusetts. The Company’s ordinary shares are listed on Euronext
Growth Paris (Ticker: ALBPS - ISIN: FR0012816825). For more
information please visit www.biophytis.com.
Disclaimer
This press release contains forward-looking
statements. Forward-looking statements include all statements that
are not historical facts. In some cases, you can identify these
forward-looking statements by the use of words such as “outlook,”
“believes,” "expects,” “potential,” “continues,” “may,” “will,”
"should," "could," "seeks," "predicts," "intends," "trends,"
"plans," "estimates," "anticipates" or the negative version of
these words or other comparable words. These forward-looking
statements include any statements regarding the transition of Mr.
Schneiderman to chief financial officer for Biophytis Group.
For a discussion of the risks and uncertainties that could cause
the Company's actual results, financial condition, performance or
achievements to differ from those contained in the Company’s
forward looking statements, please consult the Risk Factors section
of the Company's registration document and other regulatory filings
filed with the French Autorité des Marchés Financiers (AMF), which
are available on the AMF website (www.amf-france.org) and at
www.biophytis.com. This press release and the information contained
herein do not constitute an offer to sell or a solicitation of an
offer to buy or subscribe to securities of Biophytis in any
country. Existing and prospective investors are cautioned not to
place undue reliance on these forward-looking statements and
estimates, which speak only as of the date hereof. Other than as
required by applicable law, Biophytis undertakes no obligation to
update or revise the information contained in this press release.
This press release has been prepared in both French and English. In
the event of any differences between the two texts, the French
language version shall prevail.
Biophytis Investor Relations
ContactDaniel Schneiderman, CFO
dan.schneiderman@biophytis.comTel: +1 (857) 220-9720
U.S. Media ContactLifeSci
Public Relations Cherilyn Cecchini,
M.D.ccecchini@lifescipublicrelations.comTel: +1 (646) 876-5196
Europe Media ContactCitigate
Dewe RogersonAntoine Denry
antoine.denry@citigatedewerogerson.comTel: +33 (0) 1 53 32 84
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