In Monia’s new role, he will be responsible for transitioning research programs into development.
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[07-November-2017] |
CARLSBAD, Calif., Nov. 7, 2017 /PRNewswire/ -- Ionis Pharmaceuticals, Inc. (NASDAQ: IONS) announced today management transitions to be effective January 15, 2018. Brett P. Monia, a founder of Ionis, and head of drug discovery and the inotersen program, will become chief operating officer. In his new role, in addition to continuing to play a key role in drug discovery and development, including taking responsibility for the transition of research programs into development, Dr. Monia will assume responsibility for the company’s regulatory, patient advocacy, human resources and business functions, including corporate communications, investor relations, business development, alliance management and competitive intelligence. B. Lynne Parshall, who has been with Ionis for 27 years, will become senior strategic advisor to Ionis and remain a member of the board of directors of Ionis and Akcea. In addition to supporting Dr. Monia in his transition, Ms. Parshall will continue to be involved in strategic planning, business development, and with Ionis’ important relationships with Biogen and Akcea. “For nearly 30 years, Lynne and I have partnered to navigate the course for Ionis. So, as we progress toward even more substantial success, it is particularly gratifying to me to know that Lynne will continue to play the vital strategic role she has always played, yet be able to devote more time to her family,” said Stanley T. Crooke, M.D., Ph.D., chief executive officer and chairman of Ionis. “I am also pleased that Brett is taking this important step in his career. Brett is a founding member of the Ionis team. His leadership has been instrumental to the productivity of our drug discovery program. He has also made important contributions to our drug development activities and, together with Lynne and myself, been instrumental in achieving and managing our many partnerships. Additionally, he has contributed to our strategic decision making and the building of a productive culture at Ionis. The board and I are confident that Brett is the ideal choice to be chief operating officer and is fully prepared to assume these new responsibilities. It is particularly gratifying that our succession planning efforts have prepared Brett for this new set of responsibilities,” Dr. Crooke concluded. ABOUT IONIS PHARMACEUTICALS, INC. IONIS’ FORWARD-LOOKING STATEMENT In this press release, unless the context requires otherwise, “Ionis,” “Company,” “we,” “our,” and “us” refers to Ionis Pharmaceuticals and its subsidiaries. Ionis Pharmaceuticals™ is a trademark of Ionis Pharmaceuticals, Inc. Akcea Therapeutics™ is a trademark of Ionis Pharmaceuticals, Inc. SPINRAZA® is a registered trademark of Biogen.
View original content with multimedia:http://www.prnewswire.com/news-releases/ionis-announces-management-transitions-300550550.html SOURCE Ionis Pharmaceuticals, Inc. | ||
Company Codes: NASDAQ-NMS:IONS |