Appointment Of Alex Hughes As CFO
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BIVICTRIX THERAPEUTICS PLC
(“BiVictriX” or the “Company” or the “Group”)
Appointment Of Alex Hughes As CFO
Alderley Park, 1st March 2023 ‐ BiVictriX Therapeutics plc (AIM: BVX), an emerging biotechnology company applying a novel approach to develop next‐generation cancer therapies with improved tolerability and anti‐cancer activity, today announces that it has appointed Alex Hughes as Chief Financial Officer. Glyn Baker will be stepping down from the position on 31st March.
Alex has held senior finance and operational positions in listed global companies for 10 years, developing and implementing strong control environments whilst working with leadership teams to achieve strategic company goals. Most recently, Alex has contributed to the growth of a US listed biotechnology company, Instil Bio Inc., as finance director. Previously, he held roles at Argent Energy and Luxfer MEL Technologies.
Tiffany Thorn, Chief Executive of BiVictriX, commented: “We look forward to working with Alex as we enter this new period of growth following our recent positive preclinical safety results of BVX001. I am confident that his extensive financial experience will help guide the Company, as we continue to make great progress in the development of our urgently‐needed next‐ generation therapeutics. I would personally like to thank Glyn for his dedication and much valued support during his time with us.”
Alex Hughes, BiVictriX’s incoming Chief Financial Officer, added: “I am delighted to be joining the BiVictrix team. I believe the Company’s potential to develop next generation cancer therapies for patients is tremendous and I look forward to being part of such a talented and passionate team. Having previously supported similar leadership teams, I am confident that we can continue our growth and achieve our objectives.”
For more information, please contact:
BiVictriX Therapeutics plc
Tiffany Thorn, Chief Executive Officer
Michael Kauffman, Non‐Executive Chairman Email: firstname.lastname@example.org
SP Angel Corporate Finance LLP (NOMAD and Broker) Tel: +44 (0) 20 3470 0470
David Hignell, Kasia Brzozowska (Corporate Finance)
Vadim Alexandre, Rob Rees (Sales and Broking)
Panmure Gordon (UK) Limited (Joint Broker) Tel: +44 (0) 20 7886 2500
Rupert Dearden, Freddy Crossley, Emma Earl
Consilium Strategic Communications
Mary-Jane Elliott, Namrata Taak, Genevieve Wilson, Tel: +44 (0) 20 3709 5700
Alex Gunter Email: email@example.com
About BiVictriX Therapeutics plc
BiVictriX is a UK-based drug discovery and development company which is focused on leveraging clinical experience to develop a new class of highly selective, next generation cancer therapeutics which exhibit superior potency, whilst significantly reducing treatment-related harmful side effects.
The Company utilises a first-in-class approach to generate a proprietary pipeline of Bi-Cygni® therapeutics which are designed to selectively target cancer-specific antigen pairs, or “twin antigens fingerprints”, on tumour cells, which are largely absent from healthy cells. Whereas this concept has been validated in a clinical diagnostic setting to support the diagnosis and monitoring of haematological cancers, it has not yet been widely used in a therapeutic setting, where it offers the opportunity to be a game-changing approach to cancer care.
BiVictriX has identified a diverse panel of novel cancer-specific “twin antigens fingerprints” across a broad range of cancer indications. The Company is using these novel twin antigens to develop more effective and safer therapeutics to target cancers that are expected to constitute orphan indications and areas of high unmet medical need.
Find out more about BiVictriX online at www.bivictrix.com.