CYCCP - Cyclacel Pharmaceuticals Announces the Appointment of Brian Schwartz M.D. as Chief Medical Officer | Benzinga
BERKELEY HEIGHTS, N.J., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Cyclacel Pharmaceuticals, Inc. (NASDAQ:CYCC, NASDAQ:CYCCP, ", Cyclacel", or the ", Company", )), a biopharmaceutical company developing innovative medicines based on cancer cell biology, announced today that Brian Schwartz, M.D. will assume the role of interim Chief Medical Officer ("CMO") of the Company effective immediately. Dr. Schwartz will succeed Mark Kirschbaum, M.D., whose employment was terminated by the Company.
"We are delighted to have Brian join Cyclacel as CMO. His extensive clinical and product development experience in oncology and hematology further adds to the strengths of our team and will support our efforts to build shareholder value," said Spiro Rombotis, President and Chief Executive Officer. "Following recent discoveries of potential precision medicine approaches for both our clinical candidates, oral fadraciclib and oral plogosertib, the Company plans to enter mid-stage development. Brian's experience will be instrumental in guiding our team to deliver key value inflection milestones and communicating these to the investment community as we advance our business strategy."
"I am pleased to join the Cyclacel executive team to support the development of the Company's exciting pipeline," said Dr. Schwartz. "As a member of the Board, I have been closely following emerging clinical data from Phase 1 studies for both fadra and plogo. I am particularly intrigued by potential biomarkers which may assist patient selection in future studies. I believe that these molecules have competitive product profiles and address oncology indications with large unmet medical needs. I look forward to working with the Cyclacel team to advance the programs to proof-of-concept studies."
Dr. Schwartz has served as a member of the board of directors of the Company since December 2020. He has ...