Legend Biotech Appoints Alan Bash as President of CARVYKTI®
November 04 2024 - 6:30AM
Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a
global leader in cell therapy, today announced the appointment of
Alan Bash as the Company’s President of
CARVYKTI
®. In this newly created role, Mr. Bash
will be responsible for managing the continued growth of CARVYKTI®,
overseeing Legend Biotech’s commercial, technical operations, and
quality functions of the franchise.
“This expansion in our leadership structure is on the heels of
CARVYKTI’s recent successes, including recent approvals from the
U.S. Food and Drug Administration and European Commission for label
expansion,” said Ying Huang, Ph.D., Chief Executive Officer of
Legend Biotech. “Legend Biotech welcomes Alan and is confident that
his wealth of operational knowledge in oncology will help further
strengthen the Company’s leadership role in the treatment of
multiple myeloma.”
Mr. Bash served as Chief Executive Officer for two
oncology-focused biotech companies, most recently at ZielBio, and
before that, as President and CEO at Checkmate Pharmaceuticals. He
also had a 23-year career with Bristol Myers Squibb, where he
held various leadership positions across all major therapeutic
areas—including oncology—driving the U.S. launch of Opdivo® and the
expansion of additional cancer treatments such as Yervoy® and
Erbitux ®. Mr. Bash contributed to several blockbuster products in
collaboration with other companies, including Abilify® with Otsuka
and Eliquis® with Pfizer.
“As the fastest launched CAR-T product on the market, CARVYKTI
has already produced impressive momentum,” said Mr. Bash. “I am
excited about the opportunity to support the continued success of
the CARVYKTI franchise and work with the Legend Biotech team and
our collaboration partner, Johnson & Johnson, to fulfill
CARVYKTI’s potential to transform the treatment paradigm for
multiple myeloma.”
Mr. Bash earned his B.A. from Georgetown University and his
M.B.A. from Columbia Business School.
About Legend BiotechLegend Biotech is a global
biotechnology company dedicated to treating, and one day curing,
life-threatening diseases. Headquartered in Somerset, New Jersey,
we are developing advanced cell therapies across a diverse array of
technology platforms, including autologous and allogeneic chimeric
antigen receptor T-cell, gamma-delta T cell and natural killer (NK)
cell-based immunotherapy. From our three R&D sites around the
world, we apply these innovative technologies to pursue the
discovery of cutting-edge therapeutics for patients worldwide.
Learn more at www.legendbiotech.com and follow us on X (formerly
Twitter) and LinkedIn.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING
STATEMENTSStatements in this press release about future
expectations, plans, and prospects, as well as any other statements
regarding matters that are not historical facts, constitute
“forward-looking statements” within the meaning of The Private
Securities Litigation Reform Act of 1995. These statements include,
but are not limited to, statements relating to Legend Biotech’s
strategies and objectives, and the potential benefits of Legend
Biotech’s product candidates. The words “anticipate,” “believe,”
“continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,”
“potential,” “predict,” “project,” “should,” “target,” “will,”
“would” and similar expressions are intended to identify
forward-looking statements, although not all forward-looking
statements contain these identifying words. Actual results may
differ materially from those indicated by such forward-looking
statements as a result of various important factors. Legend
Biotech’s expectations could be affected by, among other things,
uncertainties involved in the development of new pharmaceutical
products; unexpected clinical trial results, including as a result
of additional analysis of existing clinical data or unexpected new
clinical data; unexpected regulatory actions or delays, including
requests for additional safety and/or efficacy data or analysis of
data, or government regulation generally; unexpected delays as a
result of actions undertaken, or failures to act, by our
third-party partners; uncertainties arising from challenges to
Legend Biotech’s patent or other proprietary intellectual property
protection, including the uncertainties involved in the U.S.
litigation process; government, industry, and general product
pricing and other political pressures; as well as the other factors
discussed in the “Risk Factors” section of Legend Biotech’s Annual
Report on Form 20-F filed with the Securities and Exchange
Commission on March 19, 2024. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary materially from those described
in this press release as anticipated, believed, estimated, or
expected. Any forward-looking statements contained in this press
release speak only as of the date of this press release. Legend
Biotech specifically disclaims any obligation to update any
forward-looking statement, whether as a result of new information,
future events, or otherwise.
INVESTOR CONTACT:Jessie YeungTel: (732)
956-8271jessie.yeung@legendbiotech.com
PRESS CONTACT:Mary Ann OndishTel: (914)
552-4625media@legendbiotech.com
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