BiVictriX Therapeutics plc (AIM: BVX), today announces that it has appointed Glyn Baker as Chief Financial Officer, in a non-board role.

BiVictriX Therapeutics plc (AIM: BVX), an emerging biotechnology company applying a novel approach to develop next generation cancer therapies using insights derived from frontline clinical experience, today announces that it has appointed Glyn Baker as Chief Financial Officer, in a non-board role.

Glyn has worked in the biotechnology industry for around 20 years, initially as a financial and IT consultant before moving to various senior finance management roles. Most recently, Glyn has been involved in establishing a new Cambridge, UK based start-up in the neurodegenerative disease space.

Prior to this, Glyn was Finance Director of drug discovery company Inflazome Ltd (“Inflazome”). In his role there, Glyn successfully managed a €40m Series B investment round and arranged a US$20m venture debt facility with Oxford Finance LLP based in Boston in the US. In 2020, Inflazome was bought by Roche for an upfront payment of US$450m plus substantial milestones. Glyn was part of the Inflazome board sub-committee managing relationships with investors, potential exit partners and a range of intermediaries.

Before Glyn joined Inflazome he was the CFO of TwistDx Ltd (“TwistDx”). TwistDx was sold to Alere, Inc. in March 2010, which was subsequently acquired by Abbott Laboratories, Inc. in February 2016.

Ms Laura Brogden, the Company’s Financial Controller, will remain with BiVictriX for a period of three months to ensure an orderly handover of responsibilities to Glyn Baker.

‍Tiffany Thorn, Chief Executive of BiVictriX, commented: “We are delighted to welcome Glyn Baker to BiVictriX as Chief Financial Officer. Glyn has amassed significant expertise in Finance and M&A over the last 20 years with some impressive accomplishments. This knowledge, coupled with his contacts, will be invaluable as we look to grow our business and progress the development of our Bi-Cygni® therapeutics.”

Glyn Baker, BiVictriX’s new Chief Financial Officer, added: “I was particularly attracted to BiVictriX due to the quality of the science, the leadership team and the Board of directors. I look forward to supporting Tiffany and the broader team as the Company progresses the development of its key work programmes.”