11/22/2016 8:55:58 AM
C4XD Strengthens Board with Two Senior Appointments
22 November, 2016 - C4X Discovery Holdings plc (AIM: C4XD), a pioneering drug discovery company, today announces that Brad Hoy, Chief Financial Officer (CFO), and Dr Craig Fox, Chief Scientific Officer (CSO), will join the Board of Directors with immediate effect. In addition, Brad Hoy has been appointed permanent CFO today following a period as interim CFO.
Brad (aged 53) has more than 20 years’ experience in the pharmaceutical and biotechnology industries and has held a number of senior financial and general management positions in both the UK and US. Previously, Brad was Chief Financial Officer of Plethora Solutions Holdings plc, an AIM-listed specialty pharmaceutical company, Chief Executive Officer of Xcellsyz Limited, a UK venture capital-backed life science company, and Senior Director of Geron Corporation’s stem-cell focused UK subsidiary. Brad is a co-founder of Seven Hills Venture Partners, a life sciences advisory firm, and currently serves on the Board of Directors for e-Therapeutics plc.
Craig (aged 41) joined C4X Discovery in September 2015 and is an experienced drug-discovery biologist, having worked on and managed a number of discovery and development projects during the past 18 years from initial target selection through to clinical studies. Prior to joining C4X Discovery, Craig was director of Respiratory Research at Pulmagen Therapeutics, a clinical stage company spun out of Argenta in 2010. At Pulmagen, Craig managed several of its collaborations and partnerships, including those with AstraZeneca, Chiesi, Domantis, Dr Reddy’s, Skyepharma and Teijin Pharma. Craig was part of the Etiologics Team that merged with Argenta Discovery in 2004 and, prior to that, he worked for Bayer as a Research Scientist.
Commenting on the Board appointments, Dr Clive Dix, CEO of C4X Discovery, said: “We are delighted to have these two highly experienced professionals join our Board. The wealth of knowledge and experience they bring to the Company and its Board will make a significant contribution to executing our strategic plan of becoming the world’s most productive drug discovery engine.”
Sam Williams, Interim Chairman of the Board of Directors of C4X Discovery, said: “C4X Discovery is building a world-leading discovery engine with cutting edge technologies in target identification and compound design, and a first-class team of scientists and corporate leaders. Brad and Craig are a key part of that effort and I’m delighted that they will both now contribute to the strategy of the Company at Board level.”
The information on Brad required to be disclosed under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies is as follows:
Bradley Richard Hoy, aged 53, is currently a director of the following companies:
• Castle Three Motor Company Limited
• Evince Technology Limited
• e-Therapeutics PLC
• Hadrian Capital Consulting Limited
• Seven Hills Venture Partners Limited
In addition, Brad has held the following directorships in the past five years:
• Burdica Biomed Limited1
• Cytaeon Limited
• Deep Tek Offshore Limited
• Hadrian Capital Limited
1. On 1 May 2008, Brad Hoy was appointed as a director of Burdica Biomed Limited. On 5 February 2014 Burdica Biomed was put into administration, which concluded on 29 July 2016. Brad Hoy has not been the subject of public criticism in connection with the administration.
There is no further information on Brad Hoy required to be disclosed under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.
The information on Craig required to be disclosed under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies is as follows:
Dr Justian Craig Fox, aged 41, is currently a director of the following companies:
• C4X Discovery Limited
• Adorial Limited
• Adorial Pharma Limited
• Adorial Technologies Limited
In addition, Craig has held the following partnerships in the past five years:
• Pulmagen Therapeutics LLP
There is no further information on Craig Fox required to be disclosed under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.
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