Vivoryon Therapeutics N.V. Announces Changes to Board Composition
March 15 2024 - 2:00AM
Vivoryon Therapeutics N.V. Announces Changes to Board Composition
Vivoryon Therapeutics N.V. Announces
Changes to Board Composition
Halle (Saale) / Munich, Germany, March
15, 2024 – Vivoryon Therapeutics N.V. (Euronext Amsterdam:
VVY; NL00150002Q7) (Vivoryon), a clinical stage
company focused on the discovery and development of small molecule
medicines to modulate the activity and stability of pathologically
altered proteins, today announced changes among the Non-Executive
members of its Board of Directors.
Professor Morten Asser Karsdal, MSc, PhD, mMBA
and Kugan Sathiyanandarajah, have decided to step down from the
Company’s Board of Directors, effective immediately. Both Prof.
Karsdal and Mr. Sathiyanandarajah have served as Non-Executive
Directors since June 2023.
“On behalf of the Board of Directors and the
entire Vivoryon team, I would like to thank Morten and Kugan for
their meaningful contributions over this past year,” said Erich
Platzer, MD, Chairman of the Board of Directors of Vivoryon. “Both
have been valuable members of the Board and we have appreciated
their experience, thoughtful insights and impactful guidance as
Board members of Vivoryon. I wish them all the best in their future
endeavors.”
###
About Vivoryon Therapeutics
N.V.Vivoryon is a clinical stage biotechnology company
focused on developing innovative small molecule-based medicines.
Driven by our passion for ground-breaking science and innovation,
we strive to change the lives of patients in need suffering from
severe diseases. We leverage our in-depth expertise in
understanding post-translational modifications to develop medicines
that modulate the activity and stability of proteins which are
altered in disease settings. Beyond our lead program,
varoglutamstat, which is in Phase 2 clinical development to treat
Alzheimer’s disease, we have established a solid pipeline of orally
available small molecule inhibitors for various indications
including cancer, inflammatory diseases and fibrosis.
www.vivoryon.com
Vivoryon Forward Looking
StatementsThis press release includes forward-looking
statements, including, without limitation, those regarding the
business strategy, management plans and objectives for future
operations of the Vivoryon Therapeutics N.V. (the “Company”),
estimates and projections with respect to the market for the
Company’s products and forecasts and statements as to when the
Company’s products may be available. Words such as “anticipate,”
“believe,” “estimate,” “expect,” “forecast,” “intend,” “may,”
“plan,” “project,” “predict,” “should” and “will” and similar
expressions as they relate to the Company are intended to identify
such forward-looking statements. These forward-looking statements
are not guarantees of future performance; rather they are based on
the Management’s current expectations and assumptions about future
events and trends, the economy and other future conditions as well
as on evaluations made by the Company of estimates, projections and
other statistical data made by independent third parties. The
forward-looking statements involve a number of known and unknown
risks and uncertainties. These risks and uncertainties and other
factors could materially adversely affect the outcome and financial
effects of the plans and events described herein. Actual results,
performance or events may differ materially from those expressed or
implied in such forward-looking statements and from expectations.
As a result, no undue reliance should be placed on such
forward-looking statements. This press release does not contain
risk factors. Certain risk factors that may affect the Company’s
future financial results are discussed in the published annual
financial statements of the Company. This press release, including
any forward-looking statements, speaks only as of the date of this
press release. The Company does not assume any obligation to update
any information or forward-looking statements contained herein,
save for any information required to be disclosed by law.
For more information, please contact:
Investor ContactStern IRPenelope BelnapTel: +1
212-362-1200
Email: penelope.belnap@sternir.com
Media ContactTrophic CommunicationsStephanie
MayTel: +49 171 1855682Email: vivoryon@trophic.eu
- 20240315_VVY_Board changes
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