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Reneo Pharmaceuticals Appoints Roshawn Blunt to its Board of Directors

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Reneo Pharmaceuticals, Inc. (Nasdaq: RPHM) announced the appointment of Roshawn Blunt to its Board of Directors. Ms. Blunt brings over 25 years of biopharmaceutical experience, including her role as President of Corsaire Corporation and previous positions at Amgen, Inc. and Johnson & Johnson. This appointment is seen as pivotal as Reneo prepares for the commercialization of its lead product, REN001, targeting rare genetic mitochondrial diseases. Executive Chairman Mike Grey emphasized the potential of Ms. Blunt's expertise in healthcare reimbursement and policy to aid Reneo's future growth.

Positive
  • Appointment of Roshawn Blunt to Board of Directors, bringing extensive biopharma experience.
  • Blunt's background in healthcare reimbursement and policy supports Reneo's plans for REN001 commercialization.
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IRVINE, Calif., Aug. 02, 2022 (GLOBE NEWSWIRE) -- Reneo Pharmaceuticals, Inc. (Nasdaq: RPHM), a clinical stage pharmaceutical company focused on the development and commercialization of therapies for patients with rare, genetic mitochondrial diseases, today announced the appointment of Roshawn Blunt to the company’s Board of Directors.

“Roshawn is an accomplished leader within the biopharma industry,” said Mike Grey, Executive Chairman of Reneo Pharmaceuticals. “Her extensive experience in healthcare reimbursement, policy, and patient access will be an invaluable addition to Reneo as we plan for commercialization of REN001 in the U.S. and Europe. We look forward to working with Roshawn over the coming years,” concluded Mr. Grey.   

“I am thrilled to join the Reneo Board,” said Ms. Blunt. “Reneo is an extraordinary company with a novel drug that has the potential to treat a number of mitochondrial diseases. I look forward to working with the Board and supporting the management team.”

Ms. Blunt has more than 25 years of experience in the biopharmaceutical and medical device industries. She is the President of Corsaire Corporation, a pharmaceutical commercialization organization. Prior to that, Ms. Blunt was the Founder and Managing Director of 1798, LLC, a national health care consulting firm. Prior to starting 1798, Ms. Blunt was Vice President of Strategy, Planning, and Communication at Long Beach Memorial Center and Miller Children's Hospital. She was the first Global Director of Health Economics and Reimbursement for Biosense Webster, Inc., a Johnson & Johnson company. Ms. Blunt also held a variety of strategic reimbursement and commercialization positions at Amgen, Inc. She began her pharmaceutical career at The Boston Consulting Group, working primarily in the health care industry. Ms. Blunt graduated from Princeton University, where she earned her A.B. from the Princeton School of Public and International Affairs, and she holds an MBA from Kellogg School of Management at Northwestern University.

About Reneo Pharmaceuticals

Reneo is a clinical-stage pharmaceutical company focused on the development and commercialization of therapies for patients with rare genetic mitochondrial diseases, which are often associated with the inability of mitochondria to produce adenosine triphosphate (ATP). Our lead product candidate, REN001, is a potent and selective agonist of the peroxisome proliferator-activated receptor delta (PPARδ). REN001 has been shown to increase transcription of genes involved in mitochondrial function and increase fatty acid oxidation, and may increase production of new mitochondria. For additional information, please see reneopharma.com.

Forward-Looking Statements

Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding, among other things, the potential development and commercialization of REN001. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “plans,” “will,” “believes,” “anticipates,” “expects,” “intends,” “goal,” “potential” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon Reneo’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, risks and uncertainties associated with Reneo’s business in general, and the other risks described in Reneo’s filings with the Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made. Reneo undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.

Contacts

Joyce Allaire
Managing Director
LifeSci Advisors, LLC
jallaire@lifesciadvisors.com

Gregory J. Flesher
Chief Executive Officer
Reneo Pharmaceuticals, Inc.
investors@reneopharma.com


FAQ

Who has been appointed to Reneo Pharmaceuticals' Board of Directors?

Roshawn Blunt has been appointed to Reneo Pharmaceuticals' Board of Directors.

What is Roshawn Blunt's experience in the biopharma industry?

Roshawn Blunt has over 25 years of experience, including leadership roles at Corsaire Corporation, Amgen, and Johnson & Johnson.

What is the significance of Roshawn Blunt's appointment for Reneo Pharmaceuticals?

Her expertise in healthcare reimbursement and policy is expected to be invaluable as Reneo plans to commercialize its product REN001.

What is REN001 and its potential impact?

REN001 is Reneo's lead product candidate targeting rare genetic mitochondrial diseases, with potential to enhance mitochondrial function.

Reneo Pharmaceuticals, Inc.

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