Talaris Therapeutics Announces Changes to Board of Directors
May 17 2022 - 7:00AM
Talaris Therapeutics, Inc. (Nasdaq: TALS), a late-clinical stage
cell therapy company developing therapies with the potential to
transform the standard of care in solid organ transplantation and
severe immune and blood disorders, today announced the appointment
of independent director Karen Smith, M.D., Ph.D., MBA, LLM to the
Company’s Board of Directors.
“Karen’s long track record of developing and commercializing
novel therapies and her wide-ranging industry experience make her a
valuable addition to our Board of Directors,” said Francois Nader,
M.D., Chairman of the Board of Talaris. “I am pleased to welcome
her to the team and I look forward to partnering with her to shape
the future development of Talaris’ potentially transformative
therapies.”
Dr. Smith joins the Talaris team with over 20 years of
biopharmaceutical industry experience overseeing more than 50
clinical trials and more than 20 regulatory approvals leading to
global product launches of small molecules, biologics and devices.
Dr. Smith currently serves as the Chief Medical Officer at
Novosteo, Inc. and as a member of the Board of Directors of Sangamo
Therapeutics, Inc., Capstan Therapeutics and Antares Pharma, Inc.
Dr. Smith received a B.App.Sc. in biotechnology and a B.Sc. in
hematology from Curtin University of Technology, an M.D. from the
University of Warwick, her Ph.D. in oncology molecular genetics
from the University of Western Australia, an MBA from the
University of New England in Australia, and a Master of Laws (LLM)
in health law from the University of Salford.
Talaris also announced that Nicholas Galakatos, Ph.D., has
retired from its Board. Dr. Galakatos is Global Head of Life
Sciences at Blackstone and has served as a board member of Talaris
since 2018.
“Nick has been a steadfast supporter of Talaris over the years,
and always generous with his time and expertise,” said Scott
Requadt, Chief Executive Officer of Talaris. “I am grateful for his
contributions and advice and wish him well as he focuses on the
next generation of Blackstone Life Sciences portfolio
companies.”
About Talaris TherapeuticsTalaris Therapeutics,
Inc. is a late-clinical stage cell therapy company developing
therapies with the potential to transform the standard of care in
solid organ transplantation and severe immune and blood disorders.
Talaris maintains corporate offices in Boston, MA, its cell
processing facility in Louisville, KY, and additional research
operations in Houston, TX.
Cautionary Note Regarding Forward-Looking
StatementsThis press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995, as amended, including, without limitation,
implied and express statements regarding the expected contributions
of Dr. Smith and other members of the board and management to
Talaris’ strategy, business plans and focus. The words “may,”
“might,” “will,” “could,” “would,” “should,” “expect,” “plan,”
“anticipate,” “intend,” “believe,” “expect,” “estimate,” “seek,”
“predict,” “future,” “project,” “potential,” “continue,” “target”
or the negative of these terms and similar words or expressions are
intended to identify forward-looking statements, although not all
forward-looking statements contain these identifying words.
Any forward-looking statements in this press release are based
on management’s current expectations and beliefs and are subject to
a number of risks, uncertainties and important factors that may
cause actual events or results to differ materially from those
expressed or implied by any forward-looking statements contained in
this press release, including, without limitation, risks associated
with: the impact of COVID-19 on countries or regions in which the
Company has operations or does business, as well as on the timing
and anticipated timing and results of its clinical trials, strategy
and future operations, including the expected timing and results
from FREEDOM-1, FREEDOM-2 and FREEDOM-3; the risk that the results
of Talaris’ clinical trials, including the early data from the
FREEDOM-1 study, may not be predictive of future results in
connection with future clinical trials; the timing and outcome of
Talaris’ planned interactions with regulatory authorities; and
obtaining, maintaining and protecting its intellectual property.
These and other risks and uncertainties are described in greater
detail in the section entitled “Risk Factors” in the Company’s
Annual Report on Form 10-K for the quarter and year ended December
31, 2021, as well as any subsequent filings with the Securities and
Exchange Commission. In addition, any forward-looking statements
represent Talaris’ views only as of today and should not be relied
upon as representing our views as of any subsequent date. Talaris
explicitly disclaims any obligation to update any forward-looking
statements. No representations or warranties (expressed or implied)
are made about the accuracy of any such forward-looking
statements.
Media ContactLisa RaffenspergerTen Bridge
Communicationslisa@tenbridgecommunications.com (617) 903-8783
Investor ContactChris BrinzeyICR
Westwickechris.brinzey@westwicke.com (339) 970-2843
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