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VERAXA Biotech Appoints Raju Willener as Chief Financial Officer

VERAXA Biotech brings in veteran finance leader Raju Willener as CFO to bolster capital markets strategy and support its oncology pipeline development.

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VERAXA Biotech (VRXA) appointed Raju Willener as Chief Financial Officer, effective immediately, adding extensive global capital markets and corporate finance experience to its leadership team.

Willener has over three decades of international financial leadership across investment banking, asset management and corporate finance, including CFO, CIO, Country Head and Head of Corporate Finance roles in the U.S., Europe and Asia. Most recently, he served as CFO of Exentis Group after leading corporate development and M&A. VERAXA highlights his role in supporting capital strategy, strategic opportunity evaluation and advancement of its BiTAC®-based oncology pipeline of T cell engagers and bispecific ADCs.

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Positive

  • New CFO appointed with 30+ years of global finance experience, effective immediately
  • Prior oversight of investment portfolios exceeding CHF 30 billion in assets under management

Negative

  • None.

Market Context

VRXA stood at $1.53 before publication. Recent announcements produced mixed outcomes, including 11.6...
Analysis

VRXA stood at $1.53 before publication. Recent announcements produced mixed outcomes, including 11.67% and -8.72% 24-hour reactions, so this personnel change should be weighed against its limited operating detail and execution needs.

Key Figures

Announcement date: Sept. 04, 2026 Financial leadership experience: more than three decades Prior CFO appointment: 2025 +1 more
4 metrics
Announcement date Sept. 04, 2026 CFO appointment announcement
Financial leadership experience more than three decades Raju Willener’s global finance experience
Prior CFO appointment 2025 Willener’s appointment as CFO at Exentis Group AG
Assets under management CHF 30 billion Investment portfolios overseen during Willener’s career

Historical Context

5 past events · Latest: Aug 24 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Aug 24 AOC alliance milestone Neutral -8.7% Early proof-of-concept milestone reported in antibody-oligonucleotide conjugate collaboration
Jul 29 Patent portfolio update Positive -0.5% New filings strengthened protection for BiTAC-related platforms and product candidates
Jul 27 VXA-222 program milestone Positive +11.7% Bispecific ADC program advanced into the next collaboration phase with OmniAb
Jul 24 Shareholder approvals Positive +11.7% Shareholders approved proposals supporting financing and strategic flexibility
Jul 23 CSO appointment Positive -9.3% Christoph Erkel appointed chief scientific officer to advance BiTAC technology platforms

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

Pattern Detected

Recent positive or neutral announcements produced mixed outcomes, with three of five events diverging from the stock’s subsequent price direction.

Key Terms

m&a, conditionally active t cell engagers, bispecific antibody-drug conjugates, new approach methodologies
4 terms
m&a financial
"experience in global capital markets, corporate finance, M&A and investment management"
M&A, short for mergers and acquisitions, involves one company combining with or purchasing another company to grow, streamline operations, or gain competitive advantages. For investors, M&A activity can signal potential for increased value, new opportunities, or changes in market dynamics, making it an important factor to watch in the business landscape.
View in glossary
conditionally active t cell engagers medical
"pipeline of conditionally active T cell engagers (BiTAC-TCEs)"
Conditionally active T cell engagers are engineered biotherapeutics, usually bispecific proteins, that bind a cancer cell target and a T cell but only become fully active under specific conditions found in tumors (for example low pH, specific enzymes, or unique surface markers). They matter to investors because the conditional switch aims to concentrate immune attack on tumors while reducing side effects elsewhere, affecting clinical risk, regulatory review, and commercial appeal.
bispecific antibody-drug conjugates medical
"bispecific antibody-drug conjugates (bsADCs)"
A bispecific antibody-drug conjugate is a targeted cancer therapy that combines an antibody engineered to bind two different biological targets with a potent drug payload attached to that antibody. Think of it like a delivery truck with two GPS locks that can home in on two separate addresses and release a toxic package only where both signals are present. Investors watch them because this dual-targeting design can change a drug’s therapeutic reach, safety profile, and commercial potential compared with single-target therapies, affecting development risk and market value.
new approach methodologies regulatory
"implemented FDA-aligned New Approach Methodologies across all preclinical programs"
New approach methodologies are modern ways to evaluate the safety and effects of chemicals, drugs, and products using lab-grown cells, computer models, and fast automated tests instead of traditional animal studies. They matter to investors because these methods can speed up development, lower testing costs, reduce regulatory risk, and create business opportunities for companies that provide or use them—think of replacing slow road tests with a faster, cheaper simulator.

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

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Mr. Willener brings more than three decades of global capital markets and corporate finance experience to support advancement of the Company’s pipeline of potential best-in-class therapies led by its BiTAC® platform

Zurich, Switzerland, Sept. 04, 2026 (GLOBE NEWSWIRE) -- VERAXA Biotech AG (NASDAQ: VRXA; “VERAXA” or the “Company”), a leading developer of next-generation antibody-based cancer therapies, today announced the appointment of Raju Willener as Chief Financial Officer (CFO), effective immediately. Mr. Willener will report to Christoph Antz, Ph.D., Chief Executive Officer and Co-Founder. Mr. Willener brings more than three decades of financial leadership across global capital markets and every stage of the biopharmaceutical development process.

“We are delighted to welcome Raju at an important stage in the Company’s evolution,” said Christoph Antz, Ph.D., CEO and Co-Founder of VERAXA. “His extensive experience in global capital markets, corporate finance, M&A and investment management adds significant financial and strategic depth to our leadership team. As we advance our proprietary BiTAC® technology platform and growing oncology pipeline, Raju’s expertise will be highly valuable in optimizing our capital strategy, evaluating strategic opportunities and supporting disciplined execution and long-term shareholder value creation. At the same time, we would like to extend a special thank you to Carl von Halem for his outstanding and great support as the former CFO of VERAXA.”

Mr. Willener is an accomplished finance executive with more than three decades of international experience spanning investment banking, corporate finance, asset management and strategic leadership. Throughout his career, he has held senior roles, including Chief Financial Officer, Chief Investment Officer, Country Head and Head of Corporate Finance across the U.S., Europe and Asia.

Prior to joining VERAXA, Mr. Willener served as Director of Corporate Development at Exentis Group AG, before being appointed Chief Financial Officer in 2025, where he led M&A initiatives, financial strategy and key corporate functions.

Earlier in his career, Mr. Willener held senior executive and investment leadership positions at top-tier global financial institutions and investment firms, with responsibilities spanning corporate finance, capital markets, investor relations and the oversight of investment portfolios exceeding CHF 30 billion in assets under management.

Mr. Willener holds an MBA and a Master’s degree in Accounting and Finance and is qualified in Financial Risk Management.

“VERAXA has built a highly differentiated technology platform and a compelling oncology pipeline at an important stage of its development,” said Raju Willener. “I am excited to join the Company and work alongside Christoph and the leadership team to further strengthen VERAXA’s financial and capital markets strategy, support disciplined capital allocation and pursue strategic opportunities that can accelerate development of a differentiated pipeline and create sustainable long-term value for shareholders.”

About VERAXA Biotech AG (NASDAQ: VRXA)

VERAXA is building a premier engine for the discovery and development of next-generation antibody-based cancer therapeutics, powered by a suite of transformative technologies and guided by rigorous quality-by-design principles. The Company is rapidly advancing its pipeline of conditionally active T cell engagers (BiTAC-TCEs), bispecific antibody-drug conjugates (bsADCs), and proprietary BiTAC formats into clinical development. Uniquely, VERAXA has implemented FDA-aligned New Approach Methodologies across all preclinical programs, enabling faster clinical advancement while reducing reliance on animal testing. Founded on scientific breakthroughs from the European Molecular Biology Laboratory (EMBL), a world-renowned institution for pioneering life science research, VERAXA combines innovation with responsible research practices.

For regular updates about VERAXA Biotech, visit www.veraxa.com or follow us on LinkedIn, X (formerly known as Twitter) and Bluesky.

BiTAC® is a registered trademark of VERAXA Biotech GmbH.

Forward-looking Statements

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements that address activities, events, or developments that VERAXA Biotech AG (the "Company") intends, expects, plans, projects, believes, or anticipates will or may occur in the future are forward-looking statements, including the Company’s ability to identify, secure, and maintain key personnel and the ability of its technological platform to produce transformative therapeutics. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert, or change any of them, and could cause actual outcomes and results to differ materially from current expectations. No forward-looking statement can be guaranteed. Forward-looking statements contained in this press release should be evaluated together with the many uncertainties that affect the Company's business, particularly those identified or referenced in the risk factors section of the Company’s most recent Annual Report on Form 20-F and any subsequent reports on Form 6-K. These documents are available from the Securities and Exchange Commission, the Company website or from Company Investor Relations.

In addition, any information contained in this press release was current as of the date presented and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our estimates change, whether as a result of new information, future events, or otherwise. Consequently, the Company will not update the information contained in this press release, and investors should not rely upon the information as current or accurate after the presentation date.

Contact

VERAXA Biotech AG – Corporate
 Christoph Antz, Ph.D.
 Chief Executive Officer, Co-Founder
 investors@veraxa.com

For Media and Investors – U.S.
 Brandon Weiner
 ICR Healthcare
 VERAXA@icrhealthcare.com

For Media and Investors – EU
 Mario Brkulj
 investors@veraxa.com

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FAQ

What did VERAXA Biotech (VRXA) announce regarding its CFO position?

VERAXA Biotech announced the appointment of Raju Willener as Chief Financial Officer, effective immediately. He will report to CEO and Co-Founder Christoph Antz and is expected to support capital strategy, strategic opportunities and execution as the company advances its oncology pipeline.

Who is the new CFO of VERAXA Biotech (VRXA) and what is his background?

The new CFO of VERAXA Biotech is Raju Willener, a finance executive with more than three decades of international experience in investment banking, corporate finance, asset management and strategic leadership, including senior roles such as CFO, CIO, Country Head and Head of Corporate Finance across the U.S., Europe and Asia.

When is the appointment of Raju Willener as VERAXA Biotech (VRXA) CFO effective?

The appointment of Raju Willener as Chief Financial Officer of VERAXA Biotech is effective immediately as stated in the announcement. He assumes responsibility right away for supporting the company’s financial strategy and capital markets activities.

How does VERAXA Biotech (VRXA) describe the role of its new CFO?

VERAXA Biotech states that its new CFO, Raju Willener, will help optimize capital strategy, evaluate strategic opportunities and support disciplined execution and long-term shareholder value creation, particularly as the company advances its proprietary BiTAC® technology platform and oncology pipeline.

What does VERAXA Biotech (VRXA) focus on in its oncology pipeline?

VERAXA Biotech focuses on next-generation antibody-based cancer therapeutics, including conditionally active T cell engagers (BiTAC-TCEs), bispecific antibody-drug conjugates (bsADCs) and proprietary BiTAC formats. The company is moving these programs toward clinical development using FDA-aligned New Approach Methodologies in preclinical work.