Sunday, July 22, 2012

Maderis stepping down from Five Prime - St. Louis Business Journal:

caloloary.blogspot.com
The company has hired Juliq Gregory, the former executive vice president and chietf financial officerat , as Maderis’ replacement. health condition was not but she will continue to serve onFive Prime’sa board of directors and as a Her final day on the job is June 18. “Gail’ds leadership has been pivotal in the progress Five Primd has made in developing our pipeline and our new discovery platform,” said company founder and executive chairman Dr. Lewis Williams in a press release. Maderis said the company had been lookinfg for a replacement sincde late last year after doctor ssaid "the 24/7 pace of a small-company CEO" could worsen her condition.
Besides her duties at Five Maderis has been a cheerleade for the MissionBay enclave, serving on the Mayor’s . Five a privately held, 7-year-old company developint antibody and protein drugs for cancer andother diseases, was the firstf to locate in Mission Bay, taking about 30,00p0 feet in the building on Owens Street. Earlier this year, it took an additional 5,000 square feet next door at 1700 Owens as it makesa batches for its Phasre I oncologydrug program. The timing of the executive changee as Five Prime moves forward with its lead cancer programmakeas Gregory’s appointment a cruciapl one.
At Lexicon, Gregory was responsible for financing mergersand acquisitions, businesss operations and all financialo management and accounting. She raisec about $1 billion in public and private product development financing andother transactions. Gregory, who will join Five Prime’sz board, was an investment banker for more than 20 Atand Dillon, Read Co. Inc. she was head of healthcare andinvestmenty banking, leading several private and public equituy deals as well as mergers and Gregory also is a membeer of the board of The and the ’s .

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