Faeth Therapeutics Appoints Karen Vousden, Ph.D., to Board of Directors
Faeth adds scientific co-founder and cancer biology leader Karen Vousden to its board as Phase 2 PIKTOR data in endometrial cancer approaches.
Renowned cancer biologist and Faeth scientific co-founder joins the Board as the Company approaches topline Phase 2 data for PIKTOR in endometrial cancer
“Karen helped shape the scientific thesis this company was built on, and she has been a trusted advisor to Faeth since its founding,” said Anand Parikh, Chairman, President and Chief Executive Officer of Faeth Therapeutics. “Her depth in tumor biology and cancer metabolism, together with her perspective from the board of one of the world’s leading oncology companies, will be invaluable as we approach topline data for PIKTOR in endometrial cancer and advance the program in breast cancer.”
Dr. Vousden is a cancer biologist recognized for her work on the regulation and function of the p53 tumor suppressor protein and on the metabolic dependencies of tumors. She has served as a Principal Group Leader at The Francis Crick Institute in
“The PI3K/AKT/mTOR pathway is one of the most frequently altered pathways in solid tumors, and I believe PIKTOR is a rational approach to inhibiting it at more than one node with an all-oral regimen,” said Dr. Vousden. “I have followed this work since the company was founded, and I am delighted to join the Board.”
About Faeth Therapeutics
Faeth Therapeutics, Inc. (Nasdaq: FTH) is a clinical-stage biotechnology company focused on improving outcomes for cancer patients through multi-node inhibition of critical oncogenic pathways. The Company's lead program is PIKTOR, an investigational all-oral combination of serabelisib and sapanisertib in development for endometrial and breast cancer. Faeth was co-founded in 2019 by Anand Parikh and Oliver Maddocks, Ph.D., together with scientific founders Lewis Cantley, Ph.D., the discoverer of the PI3K pathway; Siddhartha Mukherjee, M.D., D.Phil.; Karen Vousden, Ph.D.; Scott Lowe, Ph.D.; and Greg Hannon, Ph.D. The Company intends to use its website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. For more information, please visit www.faeththerapeutics.com and follow the Company on LinkedIn.
Cautionary Note Regarding Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the federal securities laws, including the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts and may be identified by words such as "anticipate," "believe," "expect," "intend," "plan," "may," "will," "would," "could," "should," "estimate," "potential," "target," "on track" and similar expressions, although not all forward-looking statements contain these words. These statements include, but are not limited to, statements regarding the company’s expectations regarding its pipeline and development plans and the potential development of PIKTOR. Forward-looking statements are based on management's current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks and uncertainties include those described under the headings "Risk Factors" and "Summary of Risk Factors" in the company's filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of this press release, and the company undertakes no obligation to update any forward-looking statement, except as required by law.
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Investor Contact:
Matthew Biegler, SVP, Investor Relations
matt@faeththerapeutics.com
Media Contact:
Patrick Schmidt, Consort Partners
faeththerapeutics@consortpartners.com
Source: Faeth Therapeutics, Inc.