On January 3, 2019 Atara Biotherapeutics, Inc. (Nasdaq: ATRA), a leading off-the-shelf, allogeneic T-cell immunotherapy company developing novel treatments for patients with cancer, autoimmune and viral diseases, reported that Isaac Ciechanover, M.D., plans to step down as the Company’s President and Chief Executive Officer (Press release, Atara Biotherapeutics, JAN 3, 2019, View Source [SID1234532387]). The Board of Directors has initiated a search for his successor. Dr. Ciechanover will remain in his role as President and CEO until the earlier of the appointment of his successor or June 30, 2019.
Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:
Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing
Schedule Your 30 min Free Demo!
"Isaac is a visionary founder and CEO who started Atara in honor of his mother to transform the lives of patients with serious medical conditions," said Carol G. Gallagher, Pharm. D., Atara’s lead independent director. "Over the past six years, Isaac has dedicated himself to building Atara into a leading T-cell immunotherapy company. Atara’s collaboration with MSK announced today furthers the Company’s vision to develop ground-breaking CAR T immunotherapies. We on the board wish to thank Isaac for his extraordinary leadership and look forward to his continued contribution to advancing new medicines and improving patient lives."
Dr. Ciechanover commented, "It has been a privilege to lead Atara from its founding and through its transformation into a leading late-stage development company with world-class manufacturing capabilities. The dedicated and talented Atara team is now advancing rapidly toward commercializing the first-off-the-shelf, allogeneic T-cell immunotherapy. I look forward to working with the Board to transition a successor who can build on all our success and guide Atara in the years ahead."