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Aptevo Therapeutics Appoints Mary J. Janatpour, Ph.D., as Senior Vice President & Chief Scientific Officer

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Aptevo Therapeutics (Nasdaq: APVO) appointed Mary J. Janatpour, Ph.D. as Senior Vice President & Chief Scientific Officer to lead research and preclinical development.

She brings 25+ years of oncology R&D experience, supporting Aptevo's multispecific immuno-oncology pipeline, mipletamig clinical focus, and its new radiopharmaceutical collaboration with Niowave.

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Positive

  • Appointment of CSO with over 25 years of oncology R&D leadership
  • New CSO to lead research and preclinical development for multispecific pipeline
  • Experience across large pharma and emerging biotech supports fast-moving development
  • Background in immuno-oncology and antibody-based therapeutics aligns with company focus
  • Leadership expected to support mipletamig program and Niowave radiopharmaceutical collaboration

Negative

  • None.

News Market Reaction – APVO

+3.31%
3 alerts
+3.31% Session close to close
+21.0% Peak Tracked
$6.23M Market Cap
0.1x Rel. Volume

In the May 28 session, APVO gained 3.31%, reflecting a moderate positive market reaction. Argus tracked a peak move of +21.0% during that session. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement adds an experienced oncology R&D leader to support Aptevo’s expanding multispecifi...
Analysis

This announcement adds an experienced oncology R&D leader to support Aptevo’s expanding multispecific and radiopharmaceutical strategy. It follows recent milestones, including strong mipletamig data in AML and a 50/50 collaboration with Niowave. Regulatory filings also flag recurring losses and going-concern risks, underscoring the importance of execution under the new CSO. Investors may watch how Dr. Janatpour shapes the preclinical pipeline, aligns with the Niowave programs, and supports progress toward key 2026 trial milestones.

Key Figures

Oncology R&D experience: more than 25 years
1 metrics
Oncology R&D experience more than 25 years Career history of incoming CSO Mary J. Janatpour, Ph.D.

Historical Context

5 past events · Latest: May 27 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 27 Radiopharma partnership Positive -1.0% 50/50 Niowave collaboration plus strategic equity stake announcement.
May 13 Clinical update Positive -1.4% Q1 update with strong mipletamig AML data and new financing.
May 06 Clinical data Positive -7.7% Topline RAINIER Cohort 5 AML results with high remission rates.
Mar 26 Earnings and update Positive +1.9% 2025 results, strong AML data, and equity line disclosure.
Mar 19 Conference participation Neutral -3.6% Participation in March investor and partnering conferences.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent positive clinical, partnership, and financing news has often coincided with negative next-day price moves, suggesting a pattern of selling into strength or skepticism toward updates.

Recent Company History

Over the last few months, Aptevo highlighted strong mipletamig data in frontline AML, with high clinical benefit and remission rates reported on Mar 26 and expanded again on May 6 and May 13. It also secured additional equity capacity and later unveiled a 50/50 radiopharmaceutical collaboration with Niowave on May 27. Despite these seemingly positive milestones, most related announcements saw negative 24-hour price reactions, framing today’s senior R&D appointment within a backdrop of solid scientific progress but cautious market response.

Key Terms

radiopharmaceutical, immuno-oncology, translational science, multispecific therapeutics
4 terms
radiopharmaceutical medical
"radiopharmaceutical development strategy SEATTLE, WA / ACCESS Newswire"
A radiopharmaceutical is a special type of medicine that contains a small amount of radioactive material, used primarily for medical imaging or treatment. It can be thought of as a tiny, targeted signal that helps doctors see inside the body or deliver therapy directly to affected areas. For investors, understanding radiopharmaceuticals is important because they represent a growing field within healthcare, driven by advancements in diagnostics and personalized treatments.
immuno-oncology medical
"a clinical-stage biotechnology company developing novel immuno-oncology therapeutics"
Immuno-oncology is a field of medicine focused on using the body's immune system to fight cancer. It involves developing treatments that help the immune system recognize and attack cancer cells more effectively. For investors, advancements in immuno-oncology can signal promising new therapies that may lead to improved patient outcomes and potentially significant commercial opportunities.
translational science medical
"with deep expertise spanning target discovery, translational science, and pipeline strategy"
Translational science is the process of turning laboratory discoveries into practical medical tests, therapies, or devices and figuring out how to deliver them safely to patients. For investors, it matters because progress in this area signals a clearer path from research to sellable products—like converting a prototype into a finished product—affecting a company’s potential revenue, regulatory risk, and likelihood of partnerships or buyouts.
multispecific therapeutics medical
"advancing the Company's expanding pipeline of multispecific therapeutics."
Multispecific therapeutics are drugs engineered to interact with two or more biological targets or pathways at once, like a single tool that can act as both a wrench and a screwdriver. They matter to investors because combining actions in one medicine can boost effectiveness or reduce side effects, but also increases scientific complexity, development cost and regulatory risk — factors that can greatly affect a drug’s commercial value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Experienced oncology R&D leader appointed to support Aptevo's expanding oncology pipeline and new radiopharmaceutical development strategy

SEATTLE, WA / ACCESS Newswire / May 28, 2026 / Aptevo Therapeutics Inc. (Nasdaq:APVO), a clinical-stage biotechnology company developing novel immuno-oncology therapeutics based on its proprietary ADAPTIR and ADAPTIR-FLEX platform technologies, today announced the appointment of Mary J. Janatpour, Ph.D., as Senior Vice President & Chief Scientific Officer.

Dr. Janatpour brings more than 25 years of oncology research and development leadership across biotechnology and pharmaceutical organizations, with deep expertise spanning target discovery, translational science, and pipeline strategy. In this role, she will lead Aptevo's research and preclinical development efforts and play a key role in advancing the Company's expanding pipeline of multispecific therapeutics.

"Mary joins Aptevo at a pivotal moment as we continue to focus clinically on mipletamig while advancing a broader preclinical strategy that includes our recently announced radiopharmaceutical therapeutic collaboration with Niowave and our expanding multispecific oncology pipeline," said Jeff Lamothe, President and Chief Executive Officer of Aptevo. "The Niowave collaboration marks an exciting new direction for Aptevo and reflects the broader potential of our ADAPTIR and ADAPTIR-FLEX platforms to support innovation across multiple oncology modalities. Mary's leadership, scientific depth, and experience advancing oncology programs from discovery toward clinical development will be important as we execute across our current clinical priorities, pursue this new radiopharmaceutical opportunity, and continue building the next generation of multispecific cancer therapeutics."

Dr. Janatpour has held senior scientific leadership roles across both large biopharmaceutical organizations and emerging biotechnology companies, giving her a rare combination of deep oncology research expertise and hands-on experience building innovative programs in fast-moving development environments. Earlier in her career, she held leadership positions at the Novartis Institutes for Biomedical Research, Schering-Plough Biopharma and Chiron, where her work focused on oncology biologics target identification and validation. The latter half of her career has been focused on immuno-oncology, where she has led oncology discovery and translational strategy for established and emerging biotechnology companies advancing novel therapeutic molecules and platforms.

Across her career, Dr. Janatpour has helped shape and advance multiple oncology portfolios spanning early discovery through clinical translation, with expertise in immuno-oncology, antibody-based therapeutics and innovative platform technologies. She has also served as a scientific advisor and board member to several biotechnology organizations.

"Aptevo's differentiated approach to controlled immune engagement, together with its expanding multispecific pipeline, positions the company to make a meaningful impact in cancer treatment," said Dr. Janatpour. "I'm thrilled to join at this stage of momentum and look forward to advancing a pipeline that has the potential to translate innovative science into real benefit for patients."

Dr. Janatpour holds a Ph.D. in Biomedical Sciences from the University of California, San Francisco, and completed her postdoctoral training in Immunology at the DNAX Research Institute.

About Aptevo Therapeutics Inc.

Aptevo Therapeutics Inc. (Nasdaq:APVO) is a clinical-stage biotechnology company focused on developing novel bispecific and trispecific immunotherapies for the treatment of cancer. The Company has two clinical candidates and six preclinical candidates designed to target a range of solid tumors. All pipeline candidates were created from two proprietary platforms, ADAPTIR and ADAPTIR-FLEX. Aptevo's mission is to improve treatment outcomes and transform the lives of cancer patients. For more information, please visit www.aptevotherapeutics.com.

Safe Harbor Statement

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including, without limitation, Aptevo's expectations about the activity, efficacy, safety, tolerability and durability of its therapeutic candidates and potential use of any such candidates, including in combination with other drugs, as therapeutics for treatment of disease, its expectations regarding the effectiveness of its ADAPTIR and ADAPTIR-FLEX platforms, statements related to the progress of Aptevo's clinical programs, including statements related to anticipated clinical and regulatory milestones, the potential benefits, timing, scope and outcomes of the co-development collaboration with Niowave, including the ability to develop radiopharmaceutical candidates, statements regarding the therapeutic and commercial potential of radiopharmaceutical therapies generally, development and continued development of Aptevo's current and potential future molecules, including multispecific oncology therapies, statements related to Aptevo's ability to generate stockholder value, whether Aptevo will continue to have momentum in its business in the future, and any other statements containing the words "may," "continue to," "believes," "knows," "expects," "optimism," "potential," "designed," "promising," "plans," "will" and similar expressions are intended to identify forward-looking statements. Aptevo cannot guarantee that any forward-looking statement will be accurate. Investors should realize that if underlying assumptions prove inaccurate or unknown risks or uncertainties materialize, actual results could differ materially from Aptevo's expectations. Investors are, therefore, cautioned not to place undue reliance on any forward-looking statement.

There are several important factors that could cause Aptevo's actual results to differ materially from those indicated by such forward-looking statements, including a deterioration in Aptevo's business or prospects; further assessment of preliminary or interim data or different results from later clinical trials; adverse events and unanticipated problems, adverse developments in clinical development, including unexpected safety issues observed during a clinical trial; and changes in regulatory, social, macroeconomic and political conditions. Additional risks and factors that may affect results are set forth in Aptevo's filings with the Securities and Exchange Commission, including its Quarterly Report on Form 10-Q for the quarterly period March 31, 2026, and its subsequent reports on Form 10-Q and current reports on Form 8-K. The foregoing sets forth many, but not all, of the factors that could cause actual results to differ from Aptevo's expectations in any forward-looking statement. Any forward-looking statement speaks only as of the date of this press release, and, except as required by law, Aptevo does not assume any obligation to update any forward-looking statement to reflect new information, events, or circumstances.

Contact

Miriam Weber Miller
VP, Investor Relations and Corporate Communications
Aptevo Therapeutics
Email: IR@apvo.com or millerm@apvo.com
Phone: 206-859-6628

SOURCE: Aptevo Therapeutics



View the original press release on ACCESS Newswire

FAQ

Who is the new Chief Scientific Officer of Aptevo Therapeutics (NASDAQ: APVO)?

Aptevo Therapeutics appointed Mary J. Janatpour, Ph.D. as Senior Vice President & Chief Scientific Officer. According to Aptevo, she has over 25 years of oncology R&D leadership across biotech and pharma, covering target discovery, translational science, and pipeline strategy.

What experience does Mary J. Janatpour bring to Aptevo Therapeutics (APVO)?

Mary J. Janatpour brings more than 25 years of oncology research and development leadership. According to Aptevo, her background spans Novartis, Schering-Plough Biopharma, Chiron, and multiple biotech roles focused on oncology biologics, immuno-oncology, antibody therapeutics, and innovative platform technologies.

What will Mary J. Janatpour oversee as CSO at Aptevo Therapeutics (APVO)?

As CSO, Mary J. Janatpour will lead research and preclinical development at Aptevo. According to Aptevo, she will help advance its expanding multispecific immuno-oncology pipeline, support the mipletamig clinical focus, and guide the new radiopharmaceutical strategy with Niowave.

How does the new CSO appointment support Aptevo Therapeutics' radiopharmaceutical strategy?

The CSO appointment is intended to strengthen Aptevo's new radiopharmaceutical development strategy with Niowave. According to Aptevo, Mary J. Janatpour will play a key role in executing this opportunity and integrating it with the company’s broader multispecific oncology pipeline and platform technologies.

What is the scientific background of Aptevo Therapeutics’ new CSO, Mary J. Janatpour?

Mary J. Janatpour holds a Ph.D. in Biomedical Sciences from UCSF and postdoctoral training in Immunology. According to Aptevo, her expertise includes immuno-oncology, antibody-based therapeutics, translational science, and platform technologies, plus advisory and board roles for several biotechnology organizations.

How does Mary J. Janatpour’s appointment relate to Aptevo Therapeutics’ mipletamig program (APVO)?

Her appointment is meant to support Aptevo's continued clinical focus on mipletamig. According to Aptevo, she will help execute across current clinical priorities while advancing the preclinical pipeline, including multispecific oncology programs built on the ADAPTIR and ADAPTIR-FLEX platforms.